Space on-board computing platform market report 2025: nasa, spacex, and ibm lead space on-board computing market boom to $2.8b by 2029
The global space on-board computing platform market is projected to reach $2.8 billion by 2029, growing at a cagr of 14.3% from $1.64 billion in 2025. this growth is fueled by ai-driven automation, deep space exploration, and increasing commercial space activities. the rise of edge computing in space, autonomous satellite operations, and quantum computing applications are transforming the industry. major players like bae systems, lockheed martin, and thales group are investing in next-gen computing solutions. north america leads the market, with asia-pacific expected to be the fastest-growing region by 2029. the global space on-board computing platform market is projected to reach $2.8 billion by 2029, growing at a cagr of 14.3% from $1.64 billion in 2025. this growth is fueled by ai-driven automation, deep space exploration, and increasing commercial space activities. the rise of edge computing in space, autonomous satellite operations, and quantum computing applications are transforming the industry. major players like bae systems, lockheed martin, and thales group are investing in next-gen computing solutions. north america leads the market, with asia-pacific expected to be the fastest-growing region by 2029.
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