The Global Military Satellite Market 2015–2025

Date: 2015-08

“• The globalMilitary satellite marketis expected to be worth US$5.7 billion in 2015, and is expected increase to US$9.7 billion by 2025, representing a CAGR of 5.47% during the forecast period.

• The market is anticipated to be dominated by North America, followed by Europe and Asia- Pacific. The US is the largest spender, with a cumulative expenditure of US$38.4 billion over the next decade.

• In terms of segments, ISR is expected to account for 36% of the global military satellite market, followed by communications and navigation, occupying shares of 32% and 31% respectively.”

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