The Journal of Space Commerce

The Journal of Space Commerce

LEO Satellite Market Worth $20.69 Billion by 2030: Report

Rapid Growth Largely Fueled by the Increasing Demand Across Multiple Verticals

Tom Patton's avatar
Tom Patton
Jun 16, 2025
∙ Paid
Share
Market Size USD Billions

The LEO satellite market is projected to grow from $11.81 billion in 2025 to $20.69 billion by 2030, registering a CAGR of 11.9% according to a new report from MarketsandMarkets. The market for LEO satellites is experiencing rapid growth, largely fueled by the increasing demand for high-resolution Earth observation, real-time ana…

Keep reading with a 7-day free trial

Subscribe to The Journal of Space Commerce to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Ex Terra Media, LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture