Space Situational Awareness Market Size

Space Situational Awareness Market Size

The global space situational awareness market was valued at USD 1.7 billion in 2024 and is estimated to grow at a CAGR of 5.1% from 2025 to 2034.

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The proliferation of satellite constellations is a primary driver for the space situational awareness (SSA) market growth. The increasing deployment of satellites for communication, broadband services, Earth observation, and navigation has led to a more congested orbital environment, especially in low Earth orbit (LEO). This expansion of satellite constellations presents new challenges in tracking, managing space traffic, and ensuring satellite safety. SSA technologies are essential for real-time tracking, orbital prediction, and collision avoidance, allowing operators to protect their assets.
 

For instance, the EU Space Surveillance and Tracking (SST) system provided collision avoidance, re-entry, and fragmentation analysis services to over 200 organizations, safeguarding more than 500 satellites. It also monitors near-earth objects (NEOs) and space weather events, with new models enhancing prediction capabilities and user response services.
 

The increasing reliance on space-based infrastructure for national security, communication, navigation, and global connectivity is driving demand for improved space security systems. As more countries and private entities invest in space assets, concerns about protecting these assets have intensified, particularly given emerging threats such as cyberattacks, anti-satellite weapons, and space debris.
 

Governments and private companies are prioritizing space security to protect critical satellite systems from both accidental and intentional threats. SSA technologies are crucial to space security, enabling real-time monitoring, threat detection, and risk assessment of objects in orbit. For instance, The Indian Space Situational Assessment Report (ISSAR) for 2023 revealed a growing trend in the space object population, with 3,143 new objects added from 212 launches and on-orbit breakups, up from 2,533 objects in 2022. Five major break-up events contributed to 69 additional space debris by the end of the year.