Satellite Spectrum Monitoring Market Soars with 7.8% CAGR Amidst Explosive Satellite Growth
According to the latest market research study published by P&S Intelligence, the global satellite spectrum monitoring market is on an impressive growth trajectory, with its value projected to surge from USD 3,787.7 million in 2024 to USD 5,943.5 million by 2030, advancing at a CAGR of 7.8%. This surge is driven by the exponential rise in satellite communication, which has intensified signal interference and spectrum congestion across frequency bands. As the number of satellite launches increases worldwide, the need for advanced monitoring systems becomes paramount to ensure uninterrupted and interference-free operations.