According to the "Small Satellite Market, 2023-2029" report by Fortune Business Insights™, the global small satellite market size saw substantial growth, increasing from USD 4.90 billion in 2021 to USD 5.60 billion in 2022.

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Small Satellite Market Size, Industry Share, Growth Rate, Forecast, 2030
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Small Satellite Market Size, Industry Share, Growth Rate, Forecast, 2030

The global small satellite market is projected to grow from $5.60 billion in 2022 to $12.02 billion by 2029, at a CAGR of 11.53% in forecast period, 2022-2029