CubeSat Market to Reach $1.6 Billion in Eight Years: Report
Annual Growth Forecast is Projected to be More Than 15 Percent
The global CubeSat market size was estimated at $426.6 million in 2024, and is projected to reach $1.65 billion by 2033, growing at a CAGR of 15.6% from 2025 to 2033. According to a new report from Grand View Research, the market growth is primarily driven by the increasing demand for low-cost satellite missions, rising adoption of CubeSats for Earth ob…
