The global Satellite Communication (SATCOM) market was valued at USD 27.56 billion in 2021. It is projected to grow to USD 56.74 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.54% during the forecast period.
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Satellite Communication [SATCOM] Market | Global Growth 2029
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Satellite Communication [SATCOM] Market | Global Growth 2029

The global Satellite Communication (SATCOM) market is projected to grow from $29.98 billion in 2022 to $56.74 billion by 2029, at a CAGR of 9.54 %