The Satellite Data Services Market was valued at $5.9 billion in 2021 and is projected to reach $16.7 billion by 2026, at a CAGR of 23.0% from 2021 to 2026, according to a new report from MarketsandMarkets. The US government invests in every part of the smallsat ecosystem and is likely to continue investing, both at the upstream and downstream, which would positively impact the satellite data services market. The more interesting development is in the increasing investments in smallsats by other governments around the world.
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Satellite Data Services Market Worth $16.7…
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The Satellite Data Services Market was valued at $5.9 billion in 2021 and is projected to reach $16.7 billion by 2026, at a CAGR of 23.0% from 2021 to 2026, according to a new report from MarketsandMarkets. The US government invests in every part of the smallsat ecosystem and is likely to continue investing, both at the upstream and downstream, which would positively impact the satellite data services market. The more interesting development is in the increasing investments in smallsats by other governments around the world.