Low Earth Orbit Satellite Market Outlook: 2025 to 2030
📈 Market Outlook and Growth Drivers
The Low Earth Orbit (LEO) satellite market is on a steep upward trajectory, projected to grow from USD 11.81 billion in 2025 to USD 20.69 billion by 2030, registering a compound annual growth rate (CAGR) of 11.9%. This growth is primarily fueled by the rising demand for low-latency broadband connectivity, the expanding applications of Earth observation...