The Journal of Space Commerce

The Journal of Space Commerce

Small Satellite Market to Reach $13.71 Billion by 2030

Tom Patton's avatar
Tom Patton
Feb 04, 2022
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The global small satellite market was estimated at $3.25 billion in 2020, and is anticipated to hit $13.71 billion by 2030, registering a CAGR of 16.4% from 2021 to 2030, according to a new report from Allied Market Research.

A rise in demand for compact satellites and high-resolution imaging services, and growing inclination toward adopting LEO-based se…

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