Nanosatellite and Microsatellite Market Worth $1887.1 Billion by 2019

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Nanosatellite and Microsatellite Market Worth $1887.1 Billion by 2019 - New Report by MarketsandMarkets Nanosatellite and Microsatellite Market majorly focuses on solutions, masses, applications, verticals, & regions. The report also focuses on drivers & restraints, trends, opportunities, & challenges in this market. (http://www.marketsandmarkets.com/Market-Reports/nanosatelliteand-microsatellite-market-130496085.html) (PRWEB) March 18, 2014 -- The report “Nanosatellite and Microsatellite Market [Geographic Information system, Payload, Space Science, Satellite Communication, Satellite Imagery, Remote Sensing, Scientific Research, Reconnaissance, Satellite Launch] - Worldwide Market Forecast (2014 - 2019)", defines and segments the global Nano and Microsatellites market into various sub-segments with in-depth analysis and forecast of revenues. It also identifies drivers and restraints for this market with insights into trends, opportunities, and challenges. Browse more than 71 market data tables with 33 figures spread through 166 pages and in-depth TOC on "Nanosatellite and Microsatellite Market - Worldwide Market Forecast (2014 - 2019)�. http://www.marketsandmarkets.com/Market-Reports/nanosatellite-and-microsatellite-market-130496085.html Early buyers will receive 10% customization on this report. Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=130496085 The Nano and Microsatellite Market are estimated to grow from $702.4 million in 2014 to $1887.1 billion in 2019. This represents a Compound Annual Growth Rate (CAGR) of 21.8% from 2014 to 2019. Commercial sector is expected to be the largest contributor for Nano and Microsatellite by 2019. In terms of regions, APAC is expected to be the biggest market in terms of revenue contribution by 2019 surpassing North America. The major forces driving this market are price reduction, increasing demand, investments from Silicon Valley, superior mission launches and continual decrease in average satellite mass. The significance of the Nano and Microsatellite has increased, due to increase in number of application areas such as academic training, scientific research, earth observation, remote sensing and many others wherein such satellites can be leveraged. The increase in use of these satellites across a range of commercial applications in all regions of the world has been noted as one of the major factors behind continual increase in Nano and Microsatellite Market size. Players such as Lockheed Martin, Northrop Gruman, Raytheon, Surrey Satellite Technologies, Sierra Nevada Corp, Clyde space, planet labs and many others are expected to provide technological advanced satellites and offer better competitive services. The companies in this industry must take advantage of the growing awareness of Nano and Microsatellite in the high growth markets such as Middle East and Africa (MEA) as well as Asia Pacific (APAC). Earth observation and remote sensing, space science and academic training are the applications having high growth rate in the market. MarketsandMarkets has segmented the Nano and Microsatellite Market by mass: 1kg to 10kgs; 11kgs to 100kgs; by type of solutions: hardware, software, services, launch services; by applications: communication; earth observation and remote sensing; biological experiments; academic training; technology demonstration and verification; scientific research and reconnaissance; by verticals: defense and intelligence; commercial;

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government and civil; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA). Free 10% Customization in Nanosatellite and Microsatellite Market Research Report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=130496085 Browse Related Reports M2M Satellite Communication Market [VSAT, AIS, Satellite Telemetry, Satellite Modems, Gateways, Managed Services, Business Services, and Broadband Services] - Worldwide Market Forecast and Analysis (2014 - 2019) http://www.marketsandmarkets.com/Market-Reports/m2m-satellite-communication-market-33741729.html Maritime Security Market [Access Control & Biometrics (Finger, Face, Voice, Iris); Surveillance and Tracking (Underwater, Video, AIS, LRIT, Imaging); Detectors; SCADA; GIS; Communications (Satellite, Radio)] Worldwide Market Forecasts (2013 - 2018) http://www.marketsandmarkets.com/Market-Reports/maritime-security-market-1033.html About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza 17304 Preston Road Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: sales(at)marketsandmarkets(dot)com Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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Contact Information Mr. Rohan MarketsandMarkets http://www.marketsandmarkets.com/ +91 9881155004 Online Web 2.0 Version You can read the online version of this press release here.

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