The global satellite payload market size was USD 13.32 billion in 2020 and is projected to grow from USD 14.45 billion in 2021 to USD 27.58 billion in 2028 at a CAGR of 9.67% during the 2021-2028 period. The satellite payload market has been a dynamic and rapidly evolving industry. Satellite payloads refer to the instruments, equipment, or technology that a satellite carries to perform its intended function or mission. These payloads can vary widely depending on the purpose of the satellite, such as communication, Earth observation, navigation, scientific research, or military applications. Informational Source: https://www.fortunebusinessinsights.com/industry-reports/satellite-payload-market-101829