SATCOM Equipment Market for Space: A New Era of Growth and Innovation
The SATCOM Equipment Market for Space is poised for exceptional growth, driven by an increasing demand for satellite communication systems across various applications. Valued at USD 2.8 billion in 2019, the market is projected to grow at a robust CAGR of 16.8%, reaching USD 7.0 billion by 2025. This growth is fueled by technological advancements, the rising number of satellite launches, and expanding...
SATCOM Equipment Market for space size will up CAGR 16.8%
The SATCOM equipment market for space is projected to grow from USD 2.8 billion in 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. The market is expected to witness substantial growth in the North American and Asian Pacific regions during the forecast period due to increasing satellite launches in these regions. Countries such as China and India are heavily invested in the development...