
Small satellites market size by sector - worldwide 2018 to 2030
Between 2018 and 2030, the commercial sector is projected to be the largest and fastest growing segment in the small satellite market. Commercial small satellite launches are expected to grow at a CAGR of 15 percent between 2018 and 2030 to some 1,044 annual launches. Applications such as remote sensing, communication and navigation are drivers of the commercial small satellite industry.