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Satellite Communication (SATCOM) Market Trends

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The satellite communication (SATCOM) market worldwide stood at US$ 85.3 Billion in 2023, with projections from IMARC Group estimating a rise to US$ 171.0 Billion by 2032, growing at a CAGR of 8.03% from 2024 to 2032. This remarkable growth is driven by soaring demand for broadband services in isolated locations, increasing dependence on SATCOM solutions for defense communications, pro... https://www.imarcgroup.com/satellite-communication-market

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