According to a recent report published by Allied Market Research, titled, Satellite Communication Market by Application, Component, and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global satellite communication market was valued at $56.01 billion in 2019, and is projected to reach $99.59 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Europe dominates …