Report: global LEO satellite growth to hit 42,600 by 2032

The number of active low-Earth orbit (LEO) satellites is expected to grow dramatically over the next decade, increasing from 7,473 in 2023 to about 42,600 by 2032, according to a new report from technology intelligence firm ABI Research. The report cites growing investment from China and Europe as key drivers of expansion, as both regions prioritize space technologies for national security and commercial strategies. The rapid growth is also fueled by increasing demand for satellite-based services, including internet connectivity, remote sensing, and the Internet of Things (IoT). More

(Source: Military Aerospace - Apr 15)