21.8% CAGR for Nanosatellite & Microsatellite Market to 2019 Says a New Research Report Available at ReportsnReports.com

Dallas, TX -- (SBWIRE) -- 10/21/2014 -- The Nano and Microsatellite market is estimated to grow from $702.4 million in 2014 to $1887.1 million 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.