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According to Fortune Business Insights, the global LEO satellite market was valued at USD 7.71 billion in 2024. The market is projected to grow from USD 7.93 billion in 2025 to USD 11.53 billion by 2032, exhibiting a CAGR of 5.5% during the forecast period. In 2024, North America dominated the market, accounting for a 38.91% share.
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