Space-Based Edge Computing Market Size, Share, and COVID-19 Impact Analysis, By Platform (Hardware, Software, and Services), By Components (Edge Devices, Edge Services, Edge Routers, Edge Nodes, and Others), By Applications (Manufacturing, Connectivity, Autonomous Vehicles, Healthcare, and Others), By End Users (Commercial, Military, Government, and Others), and By Region (North America, Europe, Asia-Pacific, Middle-East and Africa, and Rest of the World), and Regional Forecast, 2024-2032.

The global Space-based edge computing market is undergoing notable growth, with a substantial CAGR expected during the forecast period leading up to 2032. Space-based edge computing refers to the process of computing data on the satellite itself, rather than establishing communication with a ground station for data analysis. This saves a lot of time, and reduces strain on the existing frequency spectrums used for communication.

Key Market Insights:

Space-based edge computing states that the analysis of data should be done on the satellite itself. The conventional method is carried out by relaying raw data to any terrestrial ground station, and then the data is uplinked to the satellite, ready to be downlinked by the user. This long process involves petabytes of data, which sometimes may create backhauls and delay the service. This can be eliminated if the raw data is processed on the satellite, and is the relayed directly to the user. This will save a lot of time, provide better efficiency, and also reduce the stress on the frequency bands.

The market is driven by the increasing demand for a faster technology, that provides downlinking and uplinking services at a greater pace. The world is digitizing faster than ever, and increasing connectivity requires better service being provided in a reduced amount of time. Firms across the globe are pushing for wireless connectivity, which is achieved via satellites.

Restraints for the market include development, installation, and the maintenance of the satellites. Space commerce is expensive, and in case of any damage to the satellite, the repair is equally costly. Other factors include the increasing number of satellites in the Earth’s orbit, and the regulations laid down by the space governing bodies.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the global space-based edge computing market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia-Pacific, Middle-East and Africa, and rest of the world, after evaluating economic, social, political, and technological factors affecting the global space-based edge computing industry in these regions.

Regional Analysis:

North America is projected to dominate in contributing to the market. The region sees a high demand for satellite based services such as imaging, earth observation, and other such applications. A large number of software and space-development companies such as IBM and Red Hat, Inc. are present in the region, which further adds to the region’s hold on the market. For instance, Axiom Space, Inc. is building the world’s first commercial space station. The firm has been working to develop a successor to the international space station (ISS). Such developments also accelerate the research and development in the region.

Asia-Pacific is projected to grow the fastest in the upcoming years. The region is witnessing a growing demand for cloud-based satellite services. Increasing connectivity is also increasing the load on the stations and the spectrums, thereby increasing the need for edge-computing. Increasing investments in low-earth orbit satellites is also favoring the market. Accelerating research and development in the region is promoting the entry of new firms in the market.

Key Players Covered:

• LEOCloud Inc


• Axiom Space, Inc


• Amazon Web Services Inc


• Hewlett Packard Enterprise Development PT


• Red Hat, Inc


• Little Place Labs


• Exo-Space


• IBM


• Spiral Blue PTY LTD


• Ramon.Space


• others

Space-Based Edge Computing Market Segmentation:

Key Industry Developments:

• In November 2022, LEOCloud Inc. announced a strategic partnership with Axiom Space, Inc. under the agreement, the two firms will work together for the development and delivery of space-based cloud services linked to terrestrial cloud computers. The space-based infrastructure will be designed to host Microsoft, Red Hat, and other cloud services.


• In July 2021, satellite communications firm LEOCloud Inc. announced a collaboration with supercomputer firm Ramon.Space for the development of satellite-based cloud computing. Both the firms share the goal of edge computing in low-earth orbit, and the partnership intends to offer low latency, highly secure and high availability services.