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
Share

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…

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