The Journal of Space Commerce

The Journal of Space Commerce

Satellite Navigation System Market Worth $75.5 Billion by 2028

Tom Patton's avatar
Tom Patton
Jul 25, 2023
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The Satellite Navigation System Market is estimated at $61.1 billion in 2023 and is projected to reach $75.5 billion by 2028, at a CAGR of 4.4 % from 2023 to 2028 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 se…

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