Report: Small Satellite Market To Grow 20.5 Percent Annually Over the Next Five Years

The growing demand for LEO-based services, demand for Earth observation imagery and analytics and increasing in number of space exploration missions will drive growth in the small satellite market from $2.8 billion in 2020 to $7.1 billion by 2025, at a CAGR of 20.5% from 2020 to 2025, according to a new market research report.

According to the "Small Sat…