The Journal of Space Commerce

The Journal of Space Commerce

Nanosatellite and Microsatellite Market Projected to Grow to $13.89 Billion by 2030

Tom Patton's avatar
Tom Patton
Sep 09, 2022
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The nanosatellite and microsatellite market size is expected to reach $13.89 billion by 2030, growing at a CAGR of 23.3% from 2022 to 2030, according to a new report by Grand View Research. The upsurge in Earth observation missions and the development of Small Satellite Launch Vehicles (SSLVs) are expected to propel the growth of the market.

The report i…

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