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$30 billion Small Satellite market from 2017 to 2026
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."