The Journal of Space Commerce

The Journal of Space Commerce

Satellites Market worth $35.95 Billion by 2030: Report

Commercial and Government Users Helping Drive the Growth

Tom Patton's avatar
Tom Patton
Nov 15, 2024
∙ Paid

The satellites market, which is estimated to be $17.94 billion in 2024, is projected to reach $35.95 billion by 2030 at a CAGR of 12.3% from 2024 to 2030 according to a new report by MarketsandMarkets.

Low Earth Orbit constellations are fueling high-speed internet for a huge base of 5G networks because of increasing demand for global connectivity, parti…

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