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LEO satellite market to top $34 billion by 2030, study predicts - News

July 27, 2022
Lisa Daigle - Assistant Managing Editor, Military Embedded Systems   Verified Market Research  

LEWES, Delaware. The global market for low-Earth orbit (LEO) satellites -- valued at $9.6 billion in 2021 -- is expected to grow to $34.2 billion by 2030, a combined annual growth rate (CAGR) of 16.6%, according to a new market study from Verified Market Research, "Global LEO Satellite Market Size By Type, By Application, By End-Use, By Geographic Scope And Forecast." 

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