Smallsat Market Maintains Momentum Despite Starlink and Starshield Disruption, Increasingly Fueled by Government Demand
The smallsat market is forecasted to reach a value of $113.3 billion over the next decade, driven by government demand and emerging technologies. Despite challenges such as inflation, competition, and the impact of Starlink, small satellites continue to demonstrate resilience and strategic importance in global space capabilities. Novaspace’s latest report delves into key trends, including defense-driven growth, commercial opportunities in Earth Observation and Direct-to-Device services, and the evolving landscape of satellite manufacturing and regional demand.