Global Space-Based Edge Computing Market to Reach $1.80 Billion by 2033 - Exclusive DeepTech M-A-P™ Analysis by BIS Research

According to this study, the global space-based edge computing market was valued at $200.9 million in 2022 and is projected to reach $1.80 billion by 2033, growing at a staggering CAGR of 22.64%.

The following factors are responsible for the increase in demand for space-based edge computing:

The detailed study is a compilation of 58 market data tables and 14 figures spread across 150 pages.

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Analyst's Take on the Market Projection

According to Arunkumar Sampathkumar, Principal Analyst, BIS Research, "The demand for space-based edge computing capabilities across upstream and downstream segments is on the rise, and this is resulting in new hardware and software capabilities being integrated into satellite-based communication networks across the value chain. It is imperative for the space and the information and communication technology (ICT) market participants to better understand this emerging market to ensure they stand eligible to leverage the revenue opportunities that are expected to evolve as a consequence of the ongoing developments. The market developments, demand assessment, and opportunity overview are included in this study, which aims to enable decision-making with respect to space-based edge computing."

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Defense Sector to Become the Leading End-User Segment Between 2022 and 2033

The global space-based edge computing market is expected to witness huge revenues from the defense segment, followed by the commercial segment. The global space-based edge computing market for the defense segment reported revenue generation of $137.0 million in 2022 and is expected to grow at a CAGR of 22.07% during the forecast period 2023-2033 to reach $1,174.1 million by 2033.

Major Industry Leaders in the Space-Based Edge Computing Market

The companies profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are AICRAFT, ALL.SPACE, Exo-Space, Hewlett Packard Enterprise, KP Labs, LEOcloud, Inc., Little Place Labs, Loft Orbital, Nearby Computing, OrbitsEdge, Inc., Ramon.Space, Satellogic, SKYWATCH, Spiral Blue, SkyServe, and Ubotica Technologies.

Recent Developments in the Global Space-Based Edge Computing Market

Want to Learn More about the Latest Trends in Spacetech? Speak to Our Analysts

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About BIS Research: 

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals. 

Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management. 

BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes. 

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