© SpaceX (illustration purpose only) Business | September 08, 2021 Global satellite revenue for 2022 to reach USD 295bn, SpaceX leads In the global satellite market, LEO (low earth orbit) satellites currently hold the most significant advantage in terms of developmental potential due to their closer proximity with earth and their relatively lower latency, radiation, and cost compared to HEO (high earth orbit) and MEO (medium earth orbit) satellites, according to TrendForce.…