The Journal of Space Commerce

The Journal of Space Commerce

VLEO Satellite Market Poised for Exponential Growth: Report

CAGR Could Reach Nearly 74 Percent over the Next 10 Years

Tom Patton's avatar
Tom Patton
Aug 05, 2025
∙ Paid

The Very Low Earth Orbit (VLEO) Satellite Market is projected to reach $1.502 billion by 2034, rising from $10.4 million this year, growing at a CAGR of 73.9% according to a new report from BIS Research.

The global very low earth orbit (VLEO) satellite market is in an accelerated growth phase, propelled by increasing investments in satellite constellatio…

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