The Journal of Space Commerce

The Journal of Space Commerce

Space Electronics Market Size to Grow to $5.4 Billion By 2031

Tom Patton's avatar
Tom Patton
Dec 22, 2022
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The global space electronics market, valued at $3.3 billion in 2021, is projected to reach $5.4 billion by 2031, growing at a CAGR of 5.04% from 2022-2031, according to a new report from Valuates Reports.

The development of a communication satellite constellation in LEO, the acceptance of space tourism in the coming years, and an increase in investment i…

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