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.
Small satellite launches worldwide in 2018 and 2030, by application sector
Characteristic
Defense
Government
Academic
Commercial
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BIS Research. (June 7, 2019). Small satellite launches worldwide in 2018 and 2030, by application sector [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1086625/global-small-sat-market-applications/
BIS Research. "Small satellite launches worldwide in 2018 and 2030, by application sector." Chart. June 7, 2019. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1086625/global-small-sat-market-applications/
BIS Research. (2019). Small satellite launches worldwide in 2018 and 2030, by application sector. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1086625/global-small-sat-market-applications/
BIS Research. "Small Satellite Launches Worldwide in 2018 and 2030, by Application Sector." Statista, Statista Inc., 7 Jun 2019, https://www.statista.com/statistics/1086625/global-small-sat-market-applications/
BIS Research, Small satellite launches worldwide in 2018 and 2030, by application sector Statista, https://www.statista.com/statistics/1086625/global-small-sat-market-applications/ (last visited July 27, 2024)
Small satellite launches worldwide in 2018 and 2030, by application sector [Graph], BIS Research, June 7, 2019. [Online]. Available: https://www.statista.com/statistics/1086625/global-small-sat-market-applications/