The Journal of Space Commerce

The Journal of Space Commerce

CubeSat Market to Reach $491.3 Million Globally by 2027

Tom Patton's avatar
Tom Patton
Feb 05, 2021
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The global CubeSat market garnered $210.1 million in 2019, and is expected to reach $491.3 million by 2027 with a CAGR of 15.1% from 2020 to 2027. Those are the findings of a new report from Allied Market Research.

The smaller in size and weight of CubeSats as compared to conventional satellites, rise in demand in commercial applications, and emergence o…

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