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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. During the projected period, the rise of IoT in the aviation sector is expected to boost the market.

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https://www.fortunebusinessinsights.com/satellite-communication-satcom-market-102679
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. During the projected period, the rise of IoT in the aviation sector is expected to boost the market. Browse Summary https://www.fortunebusinessinsights.com/satellite-communication-satcom-market-102679
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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 %
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