The Journal of Space Commerce

The Journal of Space Commerce

Optical Satellite Communication Market Report Released

Fortune Business Insights Predicts Double-Digit Growth

Tom Patton's avatar
Tom Patton
Nov 26, 2024
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The global optical satellite communication market, which was valued at $1.51 billion in 2022, is projected to grow from $1.77 billion last year to $5.12 billion by 2030, representing a CAGR of 16.4% during the forecast period. The data was released as part of the 'Optical Satellite Communication Market, 2023-2030' report from Fortune Business Insights.

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