CubeSat Market to Reach $870.7 Million by 2032

Commercial Application Demand Seen as Principal Driver

Jul 10, 2024

∙ Paid

The CubeSat market, valued at $205 million in 2022, is estimated to reach $870.7 million by 2032, growing at a CAGR of 16.2% from 2023 to 2032, according to a new report from Allied Market Research.

The market is driven by factors such as owing to rise in demand for CubeSats from several commercial applications. Shift in solar energy to cut carbon emissi…

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