The Journal of Space Commerce

The Journal of Space Commerce

SATCOM Market to Grow to $137.63 Billion By 2028: Report

Tom Patton's avatar
Tom Patton
Aug 02, 2021
∙ Paid

The global Satellite Communications (SATCOM) market is expected to grow to $137.63 billion by 2028 at a CAGR of 9.8% from 2021 to 2028, according to a new report by Grand View Research, Inc.. The growing adoption rate of small satellites in the defense industry for applications, including geospace and atmospheric research, tactical communication, and me…

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