Global Satellite Communication (SATCOM) Equipment Market Report 2023: Sector is Expected to Reach $38.7 Billion by 2028 at a CAGR of 11.3%
The SATCOM equipment market is valued at USD 22.6 billion in 2023 and is projected to reach USD 38.7 billion by 2028, at a CAGR of 11.3% from 2023 to 2028.
- The SATCOM equipment market is valued at USD 22.6 billion in 2023 and is projected to reach USD 38.7 billion by 2028, at a CAGR of 11.3% from 2023 to 2028.
- Based on frequency, the SATCOM equipment market has been segmented into C band, L&S band, X band, Ka band, Ku band, VHF/UHF band, EHF/SHF band, Multiband, and Q band.
- The North American market is projected to contribute the most significant share from 2023 to 2028 in the SATCOM equipment market.
- North America is expected to lead the SATCOM equipment market from 2023 to 2028 based on region.