Satellite Payload Market Size is Expected to Reach Around USD 17,603.4 billion in 2030 | At a CAGR of 8.3%.
Research Viewpoint on Satellite Payload Market Outlook: The global satellite payload market was valued USD 8,210.9 million in 2020 and is projected to reach USD 17,603.4 billion in 2030, registering a CAGR of 8.3%. The growth is being driven by the increasing demand for high-throughput satellites (HTS), the need for better communication and connectivity, and the growing demand for data services. HTS payloads provide higher data rates and capacity than traditional payloads, making them ideal for applications such as broadband Internet, video streaming, and other data-intensive services. Expected Growth: The global Satellite Payload market size will grow at a compound annual growth…
- Date: November 19, 2022
- Author: Thomas Bretz
- Category: Taiwan News