The Journal of Space Commerce

The Journal of Space Commerce

Satellite Ground Station Market Worth $115.4 Billion by 2028: Report

Tom Patton's avatar
Tom Patton
May 04, 2023
∙ Paid

The satellite ground Station market, estimated at $61.5 billion in 2023, is projected to reach $115.4 billion by 2028 at a CAGR of 13.4 percent through the period.

According to a new report by MarketsandMarkets, the growth can be attributed to the increasing need for secure satellite communications for commercial applications and military missions.

The Sa…

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