The Journal of Space Commerce

The Journal of Space Commerce

Satellite Modem Market to Reach $1.03 Billion by 2030

Tom Patton's avatar
Tom Patton
Feb 14, 2022
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The global satellite modem market generated $354.6 million in 2020, and is expected to reach $1.03 billion by 2030, witnessing a CAGR of 16.5% from 2021 to 2030, according to new analysis released by Allied Market Research.

An increase in the need for enriched high-speed data communication, rising numbers of high-throughput satellites (HTS), and the dema…

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