The Journal of Space Commerce

The Journal of Space Commerce

Small Satellite Market Worth $7.0 billion by 2028: Report

Tom Patton's avatar
Tom Patton
Apr 04, 2023
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The small satellite market is estimated at $3.2 billion in 2023 and is projected to reach $7.0 billion by 2028, at a CAGR of 16.8 % from 2023 to 2028 according to a new report by MarketsandMarkets. The increasing capabilities of small satellites through the integration of the latest hi-tech and commercial-off-the-shelf electronic circuits will further b…

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