Middle East & Africa Space On-board Computing Platform Market Size & Outlook

The space on-board computing platform market in Middle East & Africa is expected to reach a projected revenue of US$ 337.5 million by 2030. A compound annual growth rate of 13% is expected of Middle East & Africa space on-board computing platform market from 2024 to 2030.
Revenue, 2023 (US$M)
$143.8
Forecast, 2030 (US$M)
$337.5
CAGR, 2024 - 2030
13%
Report Coverage
Middle East & Africa

Middle East & Africa space on-board computing platform market, 2018-2030 (US$M)

Middle
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MEA space on-board computing platform market highlights

  • The MEA space on-board computing platform market generated a revenue of USD 143.8 million in 2023.
  • The market is expected to grow at a CAGR of 13% from 2024 to 2030.
  • In terms of segment, nano satellite was the largest revenue generating platform in 2023.
  • Nano satellite is the most lucrative platform segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2023USD 143.8 million
Market revenue in 2030USD 337.5 million
Growth rate13% (CAGR from 2023 to 2030)
Largest segmentNano satellite
Fastest growing segmentNano satellite
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNano satellite
Key market players worldwideAirbus SE, BAE Systems PLC, Ball Corp, Blue Canyon, Boeing Co, General Dynamics Corp, Hewlett Packard Enterprise Co, Honeywell International Inc, L3Harris Technologies Inc, Lockheed Martin Corp, Maxar Technologies, Northrop Grumman Corp, Redwire Corp, RTX Corp, Teledyne Technologies Inc


Other key industry trends

  • In terms of revenue, MEA region accounted for 9.3% of the global space on-board computing platform market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,037.5 million by 2030.

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Space On-Board Computing Platform Market Scope

Space on-board computing platform market segmentation & scope
Micro satellite
Small satellite
Medium satellite
Large satellite
Spacecraft
Communication Frequency
X-band
S-band
K-band
UHF/VHF band
Orbit
Low Earth Orbit (LEO)
Medium Earth Orbit (MEO)
Geostationary Earth Orbit (GEO)
Application
Communication
Earth Observation
Navigation
Meteorology
Other
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE

Space On-Board Computing Platform Market Companies

Name Profile # Employees HQ Website

Middle East & Africa space on-board computing platform market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to space on-board computing platform market will help companies and investors design strategic landscapes.


Nano satellite was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa space on-board computing platform market based on nano satellite covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Middle East & Africa space on-board computing platform market databook

  • Our clientele includes a mix of space on-board computing platform market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa space on-board computing platform market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa space on-board computing platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa space on-board computing platform market

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