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The global LEO satellite market was valued at USD 7.71 billion in 2024. It is expected to grow from USD 7.93 billion in 2025 to USD 11.53 billion by 2032, registering a compound annual growth rate (CAGR) of 5.5% during the forecast period. In 2024, North America led the market, accounting for a dominant share of 38.91%.
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