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According to Fortune Business Insights™, the global satellite data services market was valued at USD 4.87 billion in 2023, is set to reach USD 5.25 billion in 2024, and is projected to expand to USD 12.29 billion by 2032 at a CAGR of 11.22%. North America led the market in 2023, holding 35.21% share, fueled by strong government programs, NASA’s initiatives, and the presence of key players such as Maxar, Planet Labs, and BlackSky.
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