Space On-board Computing Platform Market : Drivers and Challenges

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Space On-board Computing Platform Market
Drivers and Challenges The report on the Space
on-board computing platform market provides a
detailed trend analysis from 2018 to 2027.
It discusses industry and technology trends
currently prevailing in the market, along
with drivers, restraints, challenges, and
opportunities that influence the growth of the
market. MarketsandMarkets The Space on-board
computing platform market is estimated to be USD
1.3 billion in 2022 and is projected to reach USD
2.3 billion by 2027, at a CAGR of 12.1 from 2022
to 2027.The market is driven by various
factors, such as use of advanced payloads
in satellite systems for several military
commercial applications, increasing use of Space
on- board computing platforms in
communication satellites, and technological
advancements in Space on-board computing
platform. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNe
w.asp?id227324327 Based on Application,
navigation satellite segment of to account for
the largest share of the space on-board computing
platforms market in 2022. Based on Application,
the navigation satellite segment is projected to
grow from USD 695 million in 2022 to USD 1,225
million by 2027, at a CAGR of 12.0 during the
forecast period. Medium satellite segment is
estimated to account for the largest share of
space on-board computing platform market by
Platform, during the forecast period. Based on
platform, the medium satellite segment is
projected to grow from USD 780 million in 2022 to
USD 1,381 million by 2027. This segment accounted
for 59.6 of the market in 2022 and is expected
to grow at a highest CAGR of 12.1 during the
forecast period. S-band segment is estimated to
account for the largest share of the Space on-
board computing platform market by
communication frequency, during the forecast
period
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Based on communication frequency, the S-band
segment is expected to lead the Space on-board
computing platform market during the
forecast period. This segment accounted for a
share of 28.0 of the market in 2022. North
America is projected to grow at a highest CAGR of
13.5 during the forecast period. North America
is estimated to account for a share of 62.5 of
the Space on- board computing platform market in
2022. The market in this region has been studied
for US and Canada. The Middle East market is
projected to grow from USD 818 million in 2022 to
USD 1,538 million by 2027, at the highest CAGR of
13.5 during the forecast period. US is one of
the major global player present in the North
America, which invests heavily in the
development and use of Space on-board computing
platforms. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id227324327
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