Space On-board Computing Platform Market worth $2.3 billion by 2027 - Exclusive Report by MarketsandMarkets™
The introduction of 5G and the development of new hardware systems are presenting numerous opportunities in the field of satellite-enabled communication.
- The introduction of 5G and the development of new hardware systems are presenting numerous opportunities in the field of satellite-enabled communication.
- Advancements in technology have helped overcome major hurdles faced in providing efficient miniaturized on-board computing platforms for advanced communication hardware on such satellites.
- North America led the Space on-board computing platform market in 2021, with the US accounting for the largest share of the regional market.
- The growing demand for Space on-board computing platforms in the US and Canada, and the use of space on-board computing platforms in different commercial as well as military satellite applications are key factors driving the market in North America.