The small satellite market is expected to thrive at a strong CAGR of 15.3% during the forecast period. The market is anticipated to cross a market size of US$ 55.9 billion by 2033, while it holds a revenue of US$ 13.5 billion in 2023. The expanding space exploration programs around the world have become an important element …
Tag Archives: Small Satellite Market
Small Satellite Market Poised for Accelerated Growth, Forecasted to Reach USD 55.9 Billion by 2033 at a 15.3% of CAGR
The global small satellite market is on track for significant expansion, with a projected compound annual growth rate (CAGR) of 15.3% during the forecast period. Starting from an estimated valuation of USD 13.5 billion in 2023, the market is expected to reach USD 55.9 billion by 2033, according to Future Market Insights (FMI). The proliferation …
Small Satellite Market Soars with 15.3% CAGR, Projected to Reach US$ 55.9 Billion by 2033
The small satellite market is expected to thrive at a strong CAGR of 15.3% during the forecast period. The market is anticipated to cross a market size of US$ 55.9 billion by 2033, while it holds a revenue of US$ 13.5 billion in 2023. The expanding space exploration programs around the world have become an important element …
Global Small Satellite Market Predicted to Reach US$ 55.9 Billion by 2033, Reveals FMI Analysis
During the forecast period, the small satellite market is anticipated to grow at a strong 15.3% CAGR. By 2033, the market is expected to be worth US$ 55.9 billion and generate US$ 13.5 billion in revenue. The growing number of international space exploration initiatives has significantly impacted the space race. The use of tiny satellites …
Small Satellite Market expected at a CAGR of ~18.5% & US$ 12.9 Bn during the forecast period 2022–2031
The small satellite market revenue totaled ~US$ 3.05 Bn in 2020, according to Future Market Insights (FMI), and is expected to reach ~US$ 12.9 Bn by 2031. The small satellite market is expected to grow at a CAGR of 18.5% during 2021-2031. Small Satellite Market Base year (2020) Value US$ 3.05 Bn Small Satellite Market Projected year (2031) Value US$ 12.9 Bn CAGR% …