Portland, OR -- (SBWIRE) -- 07/14/2017 -- According to a latest report published by Progressive Markets on the ICT & Media sector, titled, "Global Nanosatellite and Microsatellite Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is anticipated to register a CAGR of 22% during the period, 2017–2025. It offers comprehensive analysis of geographical locations and it determines opportunities that prevail in these regions. This would aid manufacturers, investors, and new entrants to avail opportunities and contribute in the growth of the industry.

The research gives an overview of the global nanosatellite and microsatellite market. It also offers description of scope of the industry. In addition it includes summary, such as recent developments, industry attractiveness, trend analysis, and competitive landscape. It also incorporates Porter's Five Forces Analysis (PFFA). The report uses this research methodology to assess rivalry in the market which includes bargaining power of suppliers and buyers. It also evaluates threats from substitutes and new entrants. Further, it analyzes market dynamics and its impact upon the industry. It also segments the market into application, end-use, solution, and region.

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The study segments the global nanosatellite and microsatellite market on the basis of solution into platform, services, and software. According to it, the industry finds its application in astronomy, research & education, security & surveillance, communication, remote sensing, and navigation & mapping. Geographically, it breakdowns the market into North America, Europe, Latin America Middle East & Africa, and Asia-Pacific. The research splits end-users of the industry into aerospace & defense and government. It analyzes market share of applications, end-users, solutions, and geographies for the period, 2014–2025. Moreover, it evaluates industry size of each application, solution, and end-user by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively.

The report discusses leading manufacturers of the global nanosatellite and microsatellite market. These include Clyde Space, Lockheed Martin, GomSpace, Innovative Solutions in Space, Raytheon, Planet Labs, RUAG, Space Quest, Sierra Nevada Corporation, and Skybox Imaging. The experts analyze aforementioned firms on certain parameters, such as finance and business segment of each company. In addition, they assess recent development by every giant of the industry. The study also evaluates factors that fuel market growth which include integration of hi-tech commercial. It analyzes alternative factors that determine progress of the industry, such as decrease in manufacturing cost. It also evaluates aspect that hinders prosperity of the industry which includes delay in launches.

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The research offers various key takeaways of the global nanosatellite and microsatellite market, such as an in-depth assessment of developments in the market aids manufacturers and new entrepreneurs to understand the industry as well as consumer behavior. The report thoroughly follows the status of the products and also provides a substantial examination of top manufacturers of the market framework. For instance, there are tables that show revenue generated by all segments of the market.

Table Of Contents:

Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
4. Global nanosatellite and microsatellite market by application
4.1. Astronomy
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025
4.2. Security and surveillance