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The Satellite Data Service Market is valued at USD 6.10 billion in 2021 and is projected to reach USD 17.7 billion by 2027, at a CAGR of 23.0% from 2021 to 2026. This market is expected to have exponential growth owing to the surge in the demand for satellite imagery data throughout various industries. In recent years, the satellite market has been experiencing advances in technology and the response of the marketplace have led to smaller sensors, satellites, and launch vehicles competent of performing valuable space missions at relatively low price. This new approach has led to an increase in the number of satellites being launched.

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Jessica Lucas
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