U.S. SATCOM Equipment Market Poised to Surge

Could Climb to $17.10 Billion in 2029: Report

The US Satellite Communication (SATCOM) Equipment market is projected to reach $17.10 billion in 2029 from $9.59 billion in 2024, growing at a CAGR of 12.2% according to a new report by MarketsandMarkets. Government initiatives to encourage R&D activities in the SATCOM field, coupled with the increasing need for flexible and effective SATCOM equipment, …