The Journal of Space Commerce

The Journal of Space Commerce

Satellite Laser Communication Market Poised for Strong Growth: Report

Sustained CAGR of Over 40 Percent is Forecast

Tom Patton's avatar
Tom Patton
Sep 30, 2024
∙ Paid
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A recent report from Global Market Insights forecasts that the Satellite Laser Communication Market, which was valued at $702 million in 2023, is anticipated to register a CAGR of over 40% between 2024 and 2032, potentially reaching $15 billion through the forecast period. The growth of space exploration missions and the deployment of satellite constell…

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