The Journal of Space Commerce

The Journal of Space Commerce

Optical Satellite Market Worth $4.1 Billion by 2028

CAGR Forecast is over 15 Percent

Tom Patton's avatar
Tom Patton
Oct 27, 2023
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The Optical Satellite Market is projected to reach $4.1 billion by 2028, at a CAGR of 15.1% from 2023 to 2028 according to a new report by MarketsandMarkets. That's an increase from its current value of $2.0 billion.

The optical satellite market is a subset of the satellite and technology industry that focuses on the development and deployment …

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