$22 Billion Market Value for Small Satellites over Next Ten Years - Novaspace

Paris, Washington D.C., Montreal, Yokohama - According to Euroconsult’s latest report,we are on the cusp of a major revolution for the space sector and overall space ecosystem, as more than 3,600 smallsats are expected to be launched over the next ten years, a significant increase from the previous decade. The total market value of these satellites is anticipated to be $22 billion (manufacture and launch), a 76% increase over that of 2006-2015. This rate of growth is unprecedented for the space