Rocketing into the Future: Smallsat Launch Services Set to Skyrocket (2025–2032)
Over 2,300 small satellites launched in 2022, a 32% jump from 2021, now making up more than 95% of all satellites sent to orbit. Analysts expect the smallsat launch market to surpass $60 billion by 2030, driven by megaconstellations and government demand. SpaceX leads with low-cost rideshare launches, while Rocket Lab and others compete as prices per kilogram continue to fall.