LEO Satellite Market Size USD 30 Billion by 2035 at a CAGR 15.48 % Due to Growing Demand for High-Speed Internet Access

Number of LEO Satellites Forecast to Skyrocket

According to a new report from global technology intelligence firm ABI Research, the total number of active LEO (including VLEO) satellites in operational orbit has the potential to increase from 7,473 in 2023 to approximately 42,600 by 2032. As China and Europe intensify their efforts and make significant investments in the LEO satellite market, there is a growing emphasis on space technologies for both national and commercial strategies. With …

LEO Satellites in Orbit Skyrocket to Reach 42,600 Satellites by 2032 Amid Growing Partnerships and Competition

NEW YORK, April 8, 2025 /PRNewswire/ -- According to a new report from global technology intelligence firm ABI Research, the total number of active LEO (including VLEO) satellites in operational orbit will increase from 7,473 in 2023 to approximately...

LEO Satellite Market Size USD 30 Billion by 2035 at a CAGR 15.48 % Due to Growing Demand for High-Speed Internet Access

(LEO) satellites to increase broadband access as global connection becomes more important. NEW YORK,, TX, UNITED STATES, April 8, 2025 /EINPresswire.com/ -- LEO Satellite Market Outlook LEO Satellite Market Size is entering an exciting new era, with projections showing exponential growth over the next decade. Valued at USD 6.16 billion in 2024, the market is expected to soar to USD 30 billion by 2035, registering a robust compound annual growth …