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According to Fortune Business Insights™, the global satellite data services market size was valued at USD 4,876 million in 2023 and is expected to grow from USD 5,250 million in 2024 to USD 12,288 million by 2032, exhibiting a CAGR of 11.22% during the forecast period. This growth is attributed to the increasing demand for satellite-based data across diverse industries, driven by advancements in Earth observation, environmental monitoring, urban planning, and disaster management.
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