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Small Satellite Launch Services Market, Half-yearly Update, H1 2019, Forecast to 2033
Growing Demand for Launch and the Onset of Scheduled Dedicated Launch Services
  • Frost & Sullivan forecasts the total number of satellites to be launched during the period 2019 to 2033 to be 20,425, with North America leading the way, followed by Europe. Such demand could take the small-satellite launch services market past the $28 billion mark by 2030 and present significant growth opportunities throughout the industry. To keep up with market requirements, Frost & Sullivan anticipates high-volume demand for component manufacturers, dedicated launch service providers and low-cost ground station services. Government agency investment in R&D, capacity purchase, public-private partnerships, and establishing the enabling regulatory framework will be significant enablers for new entrants and established players.

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