Military Satellite Market to Reach US $10.1 Billion with a 2.50% CAGR by 2027
Global Military Satellite market, valued at US$7.9 billion in 2017, is projected to grow at a CAGR of 2.50%, to value US$10.1 billion by 2027. The cumulative market for global expenditure on Military Satellite systems is valued at US$93.3 billion over the forecast period. Global expenditure on Military Satellite systems is expected to show robust growth over the forecast period, primarily due to the increased importance of Military Satellite systems in modern or fourth-generation warfare.
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