Military Satellite Market Dynamics and Segmentation 2032
The global military satellite market, valued at USD 15.96 billion in 2023, is expected to grow from USD 17.14 billion in 2024 to USD 28.13 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.42% over the forecast period. In 2023, North America dominated the market, holding a substantial 38.22% share.
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