The Journal of Space Commerce

The Journal of Space Commerce

Satellite Navigation System Market Report 2023-2028

Projected to Reach $75.5 Billion by 2028

Tom Patton's avatar
Tom Patton
Sep 12, 2023
∙ Paid
Share
US Air Force CGI of a GPS Satellite

The "Satellite Navigation System Market by Constellation, Solution and Orbit: Global Forecast to 2028" from MarketsandMarkets forecasts the market to grow from $61.1 billion in 2023 to $75.5 billion by 2028, with a CAGR of 4.4% during the forecast period. The market's expansion is attributed to technological advancemen…

Keep reading with a 7-day free trial

Subscribe to The Journal of Space Commerce to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Ex Terra Media, LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture