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Space onboard computing platform market to reach $2.3 billion by 2027, study finds

May 06, 2022

NORTHBROOK, Ill. The global market for space onboard computing platforms -- estimated at $1.3 billion in 2022 -- is projected to reach $2.3 billion by 2027, at a combined annual growth rate (CAGR) of 12.1% during that period, according to a study from MarketsandMarkets, "Space On-board Computing Platform Market by Platform, Application (Earth Observation, Navigation, Communication, Military & Scientific), Orbit, Communication Frequency, Technology, and Region (North America, Europe, APAC and RoW) -- Forecast to 2027."