The satellite communication market size was valued at USD 23.44 billion in 2020 and is anticipated to grow from USD 25.33 billion in 2021 to USD 46.50 billion by 2028 at a CAGR of 9.07% during the 2021-2028 period.

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Satellite Communication (SATCOM) Market | Global Report, 2028
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Satellite Communication (SATCOM) Market | Global Report, 2028

The global satellite communication (SATCOM) market is projected to grow from $25.33 billion in 2021 to $46.50 billion in 2028 at a CAGR of 9.07%