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The global commercial satellite constellations market is expected to see rapid growth in the next few years, reaching $23.06 billion in 2028. This growth can be attributed to increasing demand for satellite-based connectivity, government initiatives, and the rise of the internet of things (IoT). Major trends include the rapid deployment of mega constellations and the use of AI. Top companies in the market include Lockheed Martin Corporation, Northrop Grumman Corporation, and Mitsubishi Electric Corporation.