$30 Billion/Year Over Next Decade to Manufacture & Launch ~300 Satellites Annually
Paris, Washington D.C., Montreal, Yokohama - According to the 20th edition of the report, Euroconsult anticipates that 300 satellites with a mass over 50 kg will be launched on average each year by 2026 for government agencies and commercial organizations worldwide. This is a threefold increase over the past decade as the satellite market experiences a paradigm shift with the rise of small satellites and mega constellations, such as that of OneWeb.