The Journal of Space Commerce

The Journal of Space Commerce

Leo Satellite Market To Reach $1.67 Billion By 2028: Report

Tom Patton's avatar
Tom Patton
Sep 02, 2022
∙ Paid

The LEO satellite market size is estimated to be worth $5.16 billion in 2022, and is forecast to be a readjusted size of $1.67 billion by 2028 with a CAGR of 21.7% during the forecast period 2022-2028, according to a new report from Valuates Reports.

Investments in the LEO satellite market have been fueled by elements like adaptability, cheap cost, cutti…

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