The Journal of Space Commerce

The Journal of Space Commerce

LEO and GEO Satellite Market Could Reach $43.9 Billion by 2031

Tom Patton's avatar
Tom Patton
Jan 25, 2023
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The LEO and GEO satellite market was valued at $11.8 billion in 2021, and is estimated to reach $43.9 billion by 2031, growing at a CAGR of 14.3% from 2022 to 2031.

According to a new report "LEO and GEO Satellite Market By Orbit Type, By Application, By End-Use: Global Opportunity Analysis and Industry Forecast, 2021-2031" from Research and Markets, Low…

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