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SMALL SATELLITE MARKET ANALYSIS

Small Satellite Market, By Satellite Size (Minisatellite, Microsatellite, Nanosatellite, Picosatellite, Femtosatellite), By Application Type (Earth Observation, Telecommunication, Scientific Research, Technology Demonstration), By End User (Civil, Defense, Commercial, Government), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Regional Analysis

Global Small Satellite Market: Regional Insights

North America held dominant position in the Global Small Satellite market in 2022, accounting for 33% share in terms of value, followed by Asia Pacific and Europe.

Figure 1: Global Small Satellite Market Share (%), By Region, 2022

North America held a dominant position in the global small satellite market in 2021 and is expected to maintain its dominance during the forecast period owing to the significant growth in the communication and telecom sector. ...

  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa

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