Satellite Communication Market Trends: Projected Growth and Future...

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2024-12-14 10:12:25 -

Satellite Communication Market Trends: Projected Growth and Future Outlook (2024–2033)

Global Satellite Communication (SATCOM) Market Outlook Satellite communication (SATCOM) has revolutionized global connectivity, offering robust and reliable communication solutions for various industries. In 2023, the SATCOM market was valued at USD 16.8 billion, and projections indicate it will grow at a CAGR of 8.44%, reaching approximately USD 34.85 billion by 2030. Key drivers behind this...

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