Insights on the Optical Satellite Communication Global Market to 2027 - Key Driving Factors and Challenges April 29, 2022
According to a new market report published by Transparency Market Research , the global optical satellite communication market is expected to reach a value of US$ 4,238.7 Mn by 2027, due to rising demand for high data rate. The market is projected to expand at a CAGR of 31.5% during the forecast period from 2019 to 2027. North America is expected to hold the dominant position in the market followed by Europe and Asia Pacific during the forecast period.
optical satellite communication market
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Increasing government initiatives for the development of advance technology for data