The Journal of Space Commerce

The Journal of Space Commerce

Small Satellite Market Boosted by SmallSat Development

Tom Patton's avatar
Tom Patton
Jan 04, 2023
∙ Paid
Share

The small satellite market is expected to reach $1.17 billion by 2028, estimated to grow at a CAGR of 24.7% from 2022 to 2028.

According to a new report from Research and Markets, Internet access, machine-to-machine communication (M2M), and the Internet of Things (IoT) are among the most important applications of a small satellite. Space has become an id…

Keep reading with a 7-day free trial

Subscribe to The Journal of Space Commerce to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Ex Terra Media, LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture