The Journal of Space Commerce

The Journal of Space Commerce

Satellite Communication Market Could See Double-Digit Growth Through 2031

CAGR of 13 Percent Projected by Global Market Insights Inc.

Tom Patton's avatar
Tom Patton
Jan 06, 2026
∙ Paid

The global satellite communication market, which was valued at $25.2 billion in 2025. The market is expected to grow from $27.6 billion in 2026 to $47.6 billion in 2031 & $83 billion in 2035, at a CAGR of 13% during the forecast period according to the latest report published by Global Market Insights Inc.

The expansion of demand for internet connectivit…

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