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
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…

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