TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

CubeSat Market Size to Surpass USD 1.98 Billion by 2033, at 18.34% CAGR | SNS Insider

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sns Insider
CubeSat Market Size to Surpass USD 1.98 Billion by 2033, at 18.34% CAGR | SNS Insider

The U.S. CubeSat market is projected to grow from USD 0.22 billion in 2025 to USD 0.82 billion by 2033, driven by increased government and defense spending, commercial adoption, and demand for low-cost satellite missions. The global market is valued at USD 0.52 billion in 2025 and expected to reach USD 1.98 billion by 2033 at an 18.34% CAGR. Growth is fueled by Earth observation applications and expanding commercial use cases, though limited payload capacity and power constraints present challenges.

Insights
PL   positive

Secured a €240 million multi-year deal with German government in 2025, demonstrating strong commercial traction and government adoption of their satellite services.