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The global satellite communication (SATCOM) market was worth $27.56 billion in 2021 and is expected to increase to $56.74 billion by 2029, with a projected annual growth rate of 9.54% from 2023 to 2029.

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Satellite Communication [SATCOM] Market | Global Growth 2029
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Satellite Communication [SATCOM] Market | Global Growth 2029

The global Satellite Communication (SATCOM) market is projected to grow from $29.98 billion in 2022 to $56.74 billion by 2029, at a CAGR of 9.54 %