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Space On-board Computing Platform Market Size Share Forecast to 2027

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.

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Space On-board Computing Platform Market Size Share Forecast to 2027

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  1. (/) Space On-board Computing Platform Market RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) Search Reports  HOME (/) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) HOME (/) ❯ TOP MARKET REPORTS (/TOP-MARKET-REPORTS.ASP)❯ SPACE ON-BOARD COMPUTING PLATFORM MARKET 7500+ COMPANIES WORLDWIDE APPROACH US EVERY YEAR FOR THEIR REVENUE GROWTH INITIATIVES KNOW MORE Space On-board Computing Platform Market by Platform, Application (Earth Observation, Navigation, Communication, Military & Scientific), Orbit, Communication Frequency, Technology, and Region (North America, Europe, APAC and RoW) - Forecast to 2027 (/Knowledgestore.asp#request_free_trial)  FREE BROCHURE (/pdfdownloadNew.asp?id=227324327)  FREE SAMPLE REPORT (/requestsampleNew.asp?id=227324327) Report Code: AS 8097May, 2022, by marketsandmarkets.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF (/PDFDOWNLOADNEW.ASP?ID=227324327) [223 Pages Report] 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 factors such as innovations in Space on-board computing platform used in navigation and communication satellites across the world. To know about the assumptions considered for the study, Request for Free Sample Report (https://www.marketsandmarkets.com/requestsampleNew.asp?id=227324327) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  2. COVID-19 has led to several challenges for many industries. The Aerospace & defense industry is no exception to that. The budget allotted to the defense sector has been reduced by several countries due to the COVID-19 pandemic. This puts most research projects on hold. The export of Space on-board computing platform to several countries in the Middle East, Africa, and Latin America has also been reduced. All these scenarios affect the development of Space on-board computing platform. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) ABOUT US (/ABOUTUS-8.HTML) Space On-board Computing Platform Market Dynamics RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) CAREERS (/CAREER.ASP) Software-defined payloads for communication satellites Software-defined payload is considered the central unit of a software-defined satellite. It is responsible for providing core functionality and purpose for a particular application. Various end users, basically commercial industries, such as oil and gas, mining, and agriculture, utilize software-defined satellites for their product mapping, earth exploration, and communication. Conventional satellites were earlier tailored to comply with single mission requirements. Satellite developers are gradually adopting the vision of software-defined satellites that can be reprogrammed and reconfigured to allow a satellite to take up new applications and expand its performance. Different technologies such as reconfigurable payload, AI, cloud computing, and software-defined radio are embedded in the satellites, which allow them to be reconfigurable and flexible. Thus, increased demand for software-defined payloads has driven the space on-board computing platforms market. Opportunity : Use of software-defined technology for flexibility to alter space missions Flexibility and the ability to reconfigure a satellite that is already in orbit are some applications demanded by operators. The ability to adjust the spacecraft to the changing needs of the market is essential for operators of Geostationary Orbit (GEO) satellites that usually have lifespans of 15 years or more. That might include moving a satellite into a different position or switching its functionality from TV broadcasting to internet connectivity�something that would be impossible with the traditional hardware-defined satellites. In 2021, American satellite manufacturer Lockheed Martin launched a bunch of CubeSats into the LEO. These CubeSats were different from regular CubeSats (https://www.marketsandmarkets.com/Market-Reports/cubesat- market-58068326.html). They were launched in formations, act as a space-based cloud computing platform, process data onboard, and have their functionality changed through software updates beamed from the ground during the mission. This demonstrated the entry of the company into software-defined satellites that rely on generic hardware, flexible software, and an advanced and distributed space on-board computing platform to define their missions. With its hi-tech on-board computing platform, software-defined technology provides the flexibility they need and could also reduce costs in the future. However, manufacturers and operators have already introduced partially software-defined satellites for LEO and MEO constellations. Thus, software-defined technology has created growth opportunities for the space on-board computing platform market. Challenges : Use of COTS components and systems in satellites Increasing use of Commercial-off-the-shelf (COTS) based components and systems in satellite payloads is expected to pose a challenge for the space on-board computing platform. The Commercial-off-the-shelf (COTS) components and systems have different specifications than the MIL-STD components, and their specifications are the sole responsibility of the manufacturer. It is required to study the component and system well and decide whether it is compatible with the satellite. Hence, it poses a challenge for space on-board computing platform manufacturers to develop suitable products as per COTS standards. (https://www.marketsandmarkets.com/Privacy-12.html). We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info X

  3. Space on-board computing platform used in navigation satellites to lead the Space on-board computing platform market by application, during the forecast period Space on-board computing platforms are useful for mapping of the Earth and navigation across regions. The data collected through these applications is processed through the web of satellites by their on-board computing platforms, which enables the development of exact maps of the Earth�s surface. These platforms improve the performance of GPS-based navigation due to their enhanced processing capabilities. The satellite, with the help of enhanced space on-board computing platforms, uses GNSS to generate signals for effective navigation, which was previously possible only with traditional and larger satellites. Many transportation and marine companies are investing more in small satellite and medium satellites to develop better navigation and tracking systems. All these factors have resulted in increased growth of this market. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) S-band segment to command the Space on-board computing platform market by communication frequency, during the forecast period S-band frequencies are used in most mobile satellite services in the US. In satellite communication, the frequency band range from 1.98�2.01 GHz is used for Earth to space communication, whereas the frequency band range from 2.17 GHz to 2.20 GHz is used for space to Earth communication. The on-board computing platform for managing such satellites is designed to handle antennas that operate on the above-mentioned frequency ranges. The North America market is projected to contribute the largest share from 2022 to 2027 To know about the assumptions considered for the study, download the pdf brochure (https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227324327) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  4. Emerging Industry Trends Use of small satellites to provide communication services OneWeb and SpaceX are expected to introduce networks to bring a change in terms of communication-related services provided by small satellites. These companies plan to use small satellites for low-priced applications that were previously not feasible using traditional systems. The constellations proposed by the abovementioned companies aim to offer high-throughput bandwidth in real time. The proposed launch of massive smallsat communication constellations is also expected to deliver substantial economies of scale in terms of manufacturing. Low manufacturing cost is expected to enable companies to offer broadband services at prices that rival terrestrial alternatives. Space on-board computing platforms play a vital role in managing communication from a satellite. The involvement of satellite communication in rapidly evolving 5G technology would benefit the growth of space on- board computing platforms. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) Key Players Major players in the Space on-board computing platform market include BAE Systems (UK), L3harris Technologies (US), Lockheed Martin Corporation (US), Thales Group (France), Northrop Grumman Corp. (US), Honeywell International Inc. (US), and Lockheed Martin (US). The report covers various industry trends and new technological innovations in the Space on-board computing platform market for the period, 2018-2027. Get online access to the report on the World's First Market Intelligence Cloud  Easy to Download Historical Data & Forecast Numbers  Company Analysis Dashboard for high growth potential opportunities  Research Analyst Access for customization & queries  Competitor Analysis with Interactive dashboard  Latest News, Updates & Trend analysis REQUEST SAMPLE We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  5. (/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) ()  Click on image to enlarge Scope of the Report Report Metric Details 2018�2027 Market size available for years Base year considered 2021 Forecast period 2022-2027 Forecast units Value (USD Million) By Application, By Platform, By Communication Frequency, By Orbit, By Technology Segments covered North America, Europe, Asia Pacific, and Rest of the World Geographies covered SAAB AB (Sweden), Raytheon Technologies (US), Honeywell International Inc (US), Thales Group (France), and BAE Systems (UK) Companies covered The study categorizes the Space on-board computing platform market based on Application, Platform, Orbit, Communication Frequency, and Region. Based on Application, the space based computing platforms market has been segmented as follows: Communication Earth Observation (https://www.marketsandmarkets.com/Privacy-12.html). We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info X

  6. Navigation Meteorology Other (/) Based on Platform, the space based computing platforms market has been segmented as follows: Nano Satellite Micro satellite Small satellite Medium satellite Large satellite Spacecraft Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML)  HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) Based on the Communication Frequency, the space based computing platforms market has been segmented as follows: X-band S-band K-band UHF/VHF Band Based on the Orbit, space based computing platforms market has been segmented as follows: Low Earth Orbit (LEO) Medium Earth Orbit (MEO) Geostationary Earth Orbit (GEO) Based on the region, space based computing platforms market has been segmented as follows: North America Europe Asia Pacific Rest of the World (RoW) Rest of the World includes Latin America, Middle East, and Africa Recent Developments In March 2022, Ramon Space unveiled a storage system that can withstand the harsh environment of space. NuStream is the latest computing (https://www.marketsandmarkets.com/Market-Reports/quantum-computing- market-144888301.html) infrastructure platform for data-driven space missions. It has high-density storage and advanced modular architecture. In August 2021, The radiation-hardened RAD510 System on Chip (SoC) is designed by BAE Systems and manufactured by GlobalFoundries (GF) and forms the core of a single board computer (SBC) with twice the performance capability of the industry-standard RAD750 microprocessor. The SBC provides Power Architecture software-compatible processing that is more advanced than the RAD750 radiation-hardened general-purpose processor. Frequently Asked Questions (FAQ):  What are your views on the growth prospect of the Space on-board computing platform market? We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

  7. What are the key sustainability strategies adopted by leading players operating in the Space on-board computing platform market? (/)  What are the new emerging technologies and use cases disrupting the Space on-board computing platform market? Sign In (https://www.marketsandmarkets.com/signin.asp) HOME (/) ABOUT US (/ABOUTUS-8.HTML) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) CONTACT US (/CONTACTUS.ASP)  CAREERS (/CAREER.ASP)  Who are the key players and innovators in the ecosystem of the Space on-board computing platform market? Which region is expected to hold the highest market share in the Space on-board computing platform market?  To speak to our analyst for a discussion on the above findings, click Speak to Analyst (https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=227324327) Custom Market Research Services We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions. (/requestCustomizationNew.asp?id=227324327) Instant Answers with GPT - Ask Now! Ask real questions. Get complete answers ! Type Your Question Get recent trends delivered to your inbox Overtake your competition with ease. STAY TUNED (/PRACTICES/STAY-TUNED.ASP) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X

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