LEO Satellite Market Projected to Grow to $19.8 Billion By 2026: Report

May 05, 2022

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LEO satellite systems hold a huge potential for satellite data service providers, leading ResearchandMarkets to project that the LEO Satellite Market will grow from $9.6 billion in 2021 to $19.8 billion by 2026, at a CAGR of 15.5 percent.

The market is one of the most lucrative verticals of the space industry, according to the report. Factors such as ver…

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