The Journal of Space Commerce

The Journal of Space Commerce

Satellite Connectivity Market to Reach $22.12 Billion by 2031

Tom Patton's avatar
Tom Patton
Aug 18, 2022
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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 …

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