The Journal of Space Commerce

The Journal of Space Commerce

Nanosatellite and Microsatellite Market Report and Forecast

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Tom Patton
Apr 06, 2023
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The nanosatellite and microsatellite market is expected to reach $10.52 billion by 2030 with a revenue CAGR of 18.3% during the forecast period, according to a recent report from Reports and Data.

The market growth is driven by factors such as an increasing demand for earth observation applications, a rapid increase in production and launch of small sate…

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