CITIC Construction Investment: Commercial Aerospace Industry's Growth Fuels Incremental Demand in the Satellite Communication Market
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Author:小编   

According to the research report issued by CITIC Construction Investment Securities, satellite communication technology is witnessing continuous innovation. This progress is marked by enhanced transmission speeds, reduced latency, and expanded application scenarios. The burgeoning commercial aerospace sector is propelling the networking of tens of thousands of satellites, fostering a diversified array of demands and giving rise to emerging markets, such as space computing power. Projections indicate that the global satellite communication market will expand from USD 25.2 billion in 2025 to USD 83 billion by 2035, reflecting a compound annual growth rate of approximately 13%. The industrial chain of next-generation satellite communication technology encompasses the upstream, midstream, and downstream sectors. Leading enterprises in this field are actively exploring the application of new technologies and are poised to capitalize on the market's growth dividends.