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Maritime satcom market tops 5.5% in terminal growth, $1.4 billion in revenues

Submit on Monday, March 12th, 2012 22:49

In the second edition of the report “Maritime Telecom Solutions by Satellite, Global Market Analysis & Forecasts,” Euroconsult forecasts that the number of satellite communications terminals in the global maritime market will nearly double over the next decade, with a compound annual growth rate (CAGR) of 7% over the 10-year period.
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