The Journal of Space Commerce

The Journal of Space Commerce

Investments in LEO Satellites Accelerate the SATCOM Market

Projected to Reach $66.75 Billion in 2025

Tom Patton's avatar
Tom Patton
Feb 03, 2025
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The Satellite Communication market value stood at $61.82 billion in 2024 and is projected to reach $66.75 billion in 2025 with a CAGR of 8.0 percent, according to a new report from the Business Research Company. And the company projects that the future looks bright for the market, with its size expected to shoot up to $103.78 billion in 2029 at an impre…

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