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