The forecast for the global small satellite market indicates significant growth during the projected period. In 2021, the market was valued at USD 4.90 billion, and it is expected to reach USD 12.02 billion by 2029, with a compound annual growth rate (CAGR) of 11.53%.
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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