The Satellite Communications Market size is estimated at USD 193.30 billion in 2024, and is expected to reach USD 297.25 billion by 2029, growing at a CAGR of 8.99% during the forecast period (2024-2029).
The Satellite Communications Market is fairly consolidated, with the top five companies occupying 98.46%. The major players in this market are Airbus SE, China Aerospace Science and Technology Corporation (CASC), Maxar Technologies Inc., Space Exploration Technologies Corp. and Thales (sorted alphabetically).
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