The Journal of Space Commerce

The Journal of Space Commerce

Global Small Satellite Market to Reach $9.75 Billion by 2027

Tom Patton's avatar
Tom Patton
May 27, 2021
∙ Paid

The global small satellite market size is expected to reach $9.75 billion, registering a CAGR of 18.99% by 2027, according to a new report. Satellites are launched into various orbits like geostationary earth orbit (GEO), middle earth orbit (MEO), and lower earth orbit (LEO).

Depending on the deployment purpose, satellites are designed and developed with…

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