According to the latest research study from The Insight Partners titled "Small Satellite Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 - COVID-19 Impact and Global Analysis By Satellite Type, Application, Vertical, and Geography", the global small satellite market size is expected to grow from $5.8 billion in 2021 to $22.9 billion by 2028 at a CAGR of 22.2% between 2022 and 2028.