The Journal of Space Commerce

The Journal of Space Commerce

Satellite Payloads Market Surges to $41.9 Billion by 2030: Report

Increasing Need for High-Resolution Imaging, Real-Time Data Has Significantly Boosted Demand

Tom Patton's avatar
Tom Patton
Nov 19, 2024
∙ Paid

The Global Satellite Payloads Market is projected to grow at a CAGR of 8.7% from 2024 to 2030, according to a new report published by Verified Market Reports. The report reveals that the market, valued at $14.1 billion in 2023, is expected to reach $41.9 billion by the end of the forecast period.

The increasing need for high-resolution imaging and real-t…

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