Satellite Connectivity Market to Reach $22.12 Billion by 2031

The global satellite connectivity Market is expected to grow to $22.12 billion by 2030 at a CAGR of 7.3% from 2022 to 2031, according to a recently-published report from Allied Market Research. The market was measured at $11.12 billion in 2021.

Increase in government investment in space exploration and surge in satellite launches have boosted the growth …