According to recent market analysis, the global space debris monitoring and removal market was valued at USD 866.4 million in 2021 and is expected to grow from USD 942.3 million in 2022 to USD 1,527.7 million by 2029, registering a CAGR of 7.15% during the forecast period. North America held the largest share, accounting for 31% of the market in 2021, driven by advanced space surveillance infrastructure and strong government initiatives to mitigate orbital debris risks.