Nanosatellite and Microsatellite Market May Reach to $4.8 Billion by 2025
According to a new market research report "Nanosatellite and Microsatellite Market by Component (Hardware, Software & Data Processing, Launch Services), Type (Nanosatellite and Microsatellite), Application, Vertical (Government, Defense, Civil), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 1.8 billion in 2020 to USD 4.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.3% during the forecast period. The satellites are used for several applications, such as communication,...
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