Aerospace and Defense Telemetry Market Report
The global aerospace and defense telemetry market size reached US$ 19.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032. The increasing demand for real-time data, advancements in communication technologies, the growing need for remote monitoring, rising emphasis on performance optimization, safety and risk mitigation requirements, growing space exploration missions, and defense modernization initiatives are some of the major factors propelling the market.
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