IGR Nanosatellite and Microsatellite Market | Page 2

The report on Nanosatellite and Microsatellite Market by solution (launch services, hardware, software, data
processing), mass, application (communication, scientific research, navigation, mapping, power, biological
experiment, academic training, reconnaissance), end use (defence, security, government, commercial, civil)
trends analysis and forecasts up to 2024 studies the market sizes, key trends and opportunities in the main
geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global
Nanosatellite and Microsatellite Market is projected to grow at a CAGR of 12.5% in terms of value over the
period of 2018-2024. The growth in the world market is primarily driven by significant contribution by North
America (Leading region) region to this market.
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Segment Covered
The report on global nanosatellite and microsatellite market covers segments such as solution, mass,
application and end use. On the basis of solution the global nanosatellite and microsatellite market is
categorized into launch services, hardware, software and data processing. On the basis of mass the global
nanosatellite and microsatellite market is categorized into 1 Kg–10 Kg (nanosatellite) and 11 Kg–100 Kg
(microsatellite). On the basis of application the global nanosatellite and microsatellite market is categorized
into communication, scientific research, navigation and mapping, reconnaissance, power, biological
experiment, earth observation and remote sensing, academic training, reconnaissance and other. On the basis
of end use the global nanosatellite and microsatellite market is categorized into defence and security,
government, commercial and civil.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each geography is provided over the
period of 2016 - 2024. The countries covered in the North America region include the U.S., Canada, and
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