Right now, there are nearly 6,000 satellites circling our tiny planet. About 60% of those are defunct satellites—space junk—and roughly 40% are operational.
"Global networks track nearly 30,000 pieces of space junk as they journey around Earth, from defunct satellites to rocket stages. However, there's far more debris that's too small to be tracked but is big enough to threaten satellites or astronauts on board spacecraft". - Six ways shoebox-sized satellites are trying to change the world - BBC News
Shoe Box satellites are being launched at an incredible rate, many fail and just add to the junk floating around the earth. Nothing will be done until there is a disaster of course.
George