The global small satellite market attained a value of USD 5.69 Billion in 2025. The market is further expected to grow at a CAGR of 15.80% between 2026 and 2035 to reach a value of USD 24.67 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
15.8%
Value in USD Billion
2026-2035
*this image is indicative*
A small satellite, also known as a smallsat, is defined as a type of satellite which weighs less than 1,000 kilograms. The size of this satellite is compact and lightweight, which makes it relatively easy to manufacture. Small satellites are high speed with increased efficiency which makes it ideal for human exploration and small-scale scientific missions in space.
The EMR’s report titled “Global Small Satellite Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
The nanosatellite segment, based on type, holds a decent share in the small satellite market. These satellites are small but are as capable as regular satellites. Nanosatellites are witnessing a heightened demand in earth observational studies to cater to the data demands from various industries including agriculture and disaster management.
The cost of launching a nanosatellite is extremely low as compared to other satellites and these satellites can be developed in short periods of time. Moreover, nanosatellites last for not more than two years outside earth’s atmosphere before re-entering. This reduces the risk of disaster during the trial and building phases. Meanwhile, the microsatellite segment is also expected to gain traction in the market for small satellites, because of its low cost and high efficiency which allows multiple launches.
The military and government segment, based on end use, accounts for a significant share in the market. Satellite communication technology is becoming more and more crucial in the military and government sector to achieve ubiquitous updates about location or potential threats. Small satellites can improve the decision making of battlefield commanders by providing real-time locations as well as data about enemy territory.
Over the forecast period, the anticipated increase in military expenditure by various countries due to rising geopolitical tensions, coupled with the low manufacturing cost of this type of satellite, is expected to bolster the small satellite market. Furthermore, the rapid rise in technical innovations, supported by the emerging artificial intelligence (AI) technology, is accelerating the market growth.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global small satellite market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
GomSpace A/S is a prominent manufacturer of cubesat and small satellites and caters to the demands from various end use industries including government, commercial, and academic, among others. This company was founded in the year 2007 and is currently headquartered in Aalborg, Denmark. Its specialisations include cubesat platforms, miniaturised radio technology, and systems integration.
Thales Group: is a leading aerospace company which manufactures, designs, and markets electrical appliances and systems which cater to the demands of various end use industries including aerospace, transportation, and defence, among others. The company was founded in the year 2000 and is currently headquartered in Paris, France.
L3Harris Technologies, Inc. is a leading aerospace and defence company based and headquartered in Florida, United States. The company was founded in the year 2019 and currently innovates in the field of space technology. L3Harris Technologies, Inc. focuses on providing its customers with end-to-end solutions for mission-critical needs spanning all types of sectors.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Lockheed Martin Corporation, Northrop Grumman Systems Corporation, and Planet Labs PBC, among others.
Upto 15% Off
USD
$3999 $3599
$2499 $2249
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The global market value for small satellites in 2025 was USD 5.69 Billion.
The market is estimated to grow at a CAGR of 15.80% in the forecast period of between 2026 and 2035 to reach USD 24.67 Billion by 2035.
The increasing application of small satellites in the commercial sector to provide data and real-time location access to industries such as agriculture, forestry, disaster management, and wildlife, among others, and increasing dependence of military and government sector on satellite communication are the major drivers of the market.
The key trends in the small satellite market include the rising technological innovations integrating small satellite technology with artificial intelligence which are giving rise to superior quality of data and imagery.
Minisatellite, microsatellite, and nanosatellite, among others, are the different types of small satellites.
Earth observation and remote sensing, satellite communication, science and exploration, mapping and navigation, and space observation, among others, are the significant applications of small satellites.
Small satellites are also known as smallsats.
The primary end uses of small satellites in the market are commercial, and military and government, among others.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, are the major regional markets.
GomSpace A/S, Thales Group, L3Harris Technologies, Inc., Lockheed Martin Corporation, Northrop Grumman Systems Corporation, and Planet Labs PBC, among others, are the key market players, according to the report.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share