Uploaded on Feb 26, 2022
The Small Satellite Market is projected to grow from USD 3.1 billion in 2021 to USD 7.4 billion by 2026, at a CAGR of 19.4 %. Small satellite systems hold a huge potential for small satellite data service providers, small sat service providers, remote sensing service providers, technical service providers, and investors. The market is one of the most lucrative verticals of the space industry. Factors such as versatility, low cost, advanced mechanics, ease of assembly and launch, mass production, and short lifecycles have driven investments in the small satellite market.
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