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30 billion Small Satellite market from 2017 to 2026

• https://www.nextbigfuture.com

Prospects for the Small Satellite Market – A global supply and demand analysis of government and commercial satellites up to 500 kg.

More than 6,200 smallsats are to be launched in the next 10 years, with the market value expected to reach up to $30.1 billion, compared with $8.9 billion in the previous decade, according to a report Euroconsult released last month.

"The smallsat market from 2017-2026 will be driven by the roll-out of multiple constellations accounting for more than 70 percent of this total, mainly for commercial operators," the consultancy said. "Of the total $16.5 billion manufacturing market value from 2017 to 2026, $3.7 billion is absorbed internally by in-house manufacturing; the remaining $12.8 billion is considered part of the open market."

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