The Journal of Space Commerce

The Journal of Space Commerce

Small Satellite Market worth $32.13 billion by 2030: Report

Affordable, Frequent Launches Driving Market Growth

Tom Patton's avatar
Tom Patton
Jan 15, 2026
∙ Paid

The Small Satellite Market is projected to grow from $9.35 billion in 2025 to $32.13 billion by 2030, with a CAGR of 28.0%, according to a new report from MarketsandMarkets. Increased demand for affordable space missions, more frequent launches, and expanded use in communications, Earth observation, and defense applications are all expected to contribut…

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