Overview: The global satellite communications (satcom) industry is entering a decade of explosive growth and transformation. In 2024, the overall space economy reached $415 billion, with commercial satellite activities (like communications and broadcasting) dominating about $293 billion (71%) of that total ts2.tech. The number of active satellites in orbit has surged from ~3,300 in 2020…
Read more
Market Overview The global drone market has grown rapidly in recent years and is poised for continued expansion through 2030. In 2024, the total drone industry (including consumer, commercial, and military systems) was estimated at about $73 billion grandviewresearch.com. Forecasts suggest this market could reach roughly $163–165 billion by 2030 (a mid-range projection at ~14% CAGR) grandviewresearch.com. Some…
Read more
Market Overview The global drone industry has experienced rapid growth over the past decade, becoming a multi-billion dollar market with robust future prospects. In 2024 the global drone market was valued around $73 billion, and it is forecast to reach $163+ billion by 2030, reflecting a 14%+ CAGR in the latter 2020s grandviewresearch.com grandviewresearch.com. This expansion has been driven…
Read more
