Geostationary Satellites Market Size Worth $8.28 Billion, Globally, by 2031 - Exclusive Report by The Insight Partners

 The geostationary satellites market size is projected to reach US$ 8.28 billion by 2031 from US$ 6.19 billion in 2023 to register a CAGR of 3.7% during 2023–2031.

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NEW YORK, Oct. 17, 2024 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the global geostationary satellites market is observing healthy growth owing to the rising need for satellite-based military communications and broadcasting.

Global Geostationary Satellites Market experiences increase in demand for long-range communication coverage through satellite network.