The Journal of Space Commerce

The Journal of Space Commerce

Microsatellite and Nanosatellite Market to Reach $8.69 Billion by 2030

Tom Patton's avatar
Tom Patton
Feb 07, 2022
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The global microsatellite and nanosatellite market was valued at $2.23 billion in 2020, and is expected to reach $8.69 billion by 2030, growing at a CAGR of 14.9% from 2021 to 2030.

According to a new report from Allied Market Research, an increase in the production and launch of CubeSats as well as smaller size and weight microsatellite and nanosatellit…

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