PUBLISHER: 360iResearch | PRODUCT CODE: 1596636
PUBLISHER: 360iResearch | PRODUCT CODE: 1596636
Space On-board Computing Platform Market by Orbit (Geostationary Earth Orbit, Low Earth Orbit, Medium Earth Orbit), Platform (Large Satellite, Medium Satellite, Micro Satellite), Communication Frequency, Application - Global Forecast 2025-2030
The Space On-board Computing Platform Market was valued at USD 1.38 billion in 2023, expected to reach USD 1.64 billion in 2024, and is projected to grow at a CAGR of 19.40%, to USD 4.79 billion by 2030.
The Space On-board Computing Platform (SOBCP) industry focuses on developing robust computing solutions designed specifically for the challenging environment of space missions. Given the critical necessity of dependable and resilient hardware and software systems in managing spacecraft operations, this technology's primary application lies in processing and analyzing vast amounts of data collected from various sensors onboard satellites, rovers, and space stations. End-use scope extends to governmental space agencies, defense organizations, and commercial space ventures. In terms of market growth, key influencing factors include advancements in microelectronics, the rising demand for satellite communication, Earth observation capabilities, and increasing private investment in space exploration. Recent initiatives to democratize space, such as the deployment of smaller, cost-effective satellites (CubeSats), present potentially lucrative opportunities for stakeholders ready to offer small-scale, energy-efficient computing platforms. However, market expansion faces challenges like high costs associated with R&D, stringent regulatory standards, and the extreme conditions of space that necessitate rigorous testing and validation processes. To overcome these challenges and stimulate innovation, businesses should focus on modular computing architectures, which allow for scalability and easy upgrades, and integrating AI and machine learning for real-time data processing and enhanced autonomous operations. The nature of the market is highly competitive and complex, driven by rapid technological advancements and geopolitical interests in space domination, which underscores the importance of forging strategic partnerships and collaborations to leverage cross-sector expertise. Overall, as the space economy continues to expand, stakeholders who invest in cutting-edge research and technological adaptability while navigating regulatory landscapes are well-positioned to thrive in this dynamic market. Identifying niche applications, such as suborbital microgravity research computing, can also serve as a strategic entry point for new businesses seeking to innovate within the space on-board computing domain.
| KEY MARKET STATISTICS | |
|---|---|
| Base Year [2023] | USD 1.38 billion |
| Estimated Year [2024] | USD 1.64 billion |
| Forecast Year [2030] | USD 4.79 billion |
This research report categorizes the Space On-board Computing Platform Market to forecast the revenues and analyze trends in each of the following sub-markets:
The report offers a comprehensive analysis of the market, covering key focus areas:
The report also answers critical questions to aid stakeholders in making informed decisions:
Table of Contents
1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
3. Executive Summary
4. Market Overview
5. Market Insights
6. Space On-board Computing Platform Market, by Orbit
7. Space On-board Computing Platform Market, by Platform
8. Space On-board Computing Platform Market, by Communication Frequency
9. Space On-board Computing Platform Market, by Application
10. Americas Space On-board Computing Platform Market
11. Asia-Pacific Space On-board Computing Platform Market
12. Europe, Middle East & Africa Space On-board Computing Platform Market
13. Competitive Landscape
Companies Mentioned
LIST OF FIGURES
- FIGURE 1. SPACE ON-BOARD COMPUTING PLATFORM MARKET RESEARCH PROCESS
- FIGURE 2. SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 5. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY ORBIT, 2023 VS 2030 (%)
- FIGURE 7. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY ORBIT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 8. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY PLATFORM, 2023 VS 2030 (%)
- FIGURE 9. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY PLATFORM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 10. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY COMMUNICATION FREQUENCY, 2023 VS 2030 (%)
- FIGURE 11. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY COMMUNICATION FREQUENCY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 12. GLOBAL SPACE ON-BOARD COMPUTING PLATFORM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
LIST OF TABLES
