The Hainan Space Data Cross-border Processing and Trade Zone was recently unveiled, ushering in a novel platform dedicated to facilitating the compliant cross-border transfer and market-driven utilization of satellite data. Following the successful security evaluation for exporting remote sensing satellite data, coupled with the rapid advancement of artificial intelligence and on-orbit computing technologies, the entire satellite data ecosystem—spanning collection, processing, trading, and distribution—is progressively becoming interconnected. Consequently, the competitive landscape within the commercial space sector has transitioned from a focus on satellite manufacturing and launch to prioritizing data product innovation and scenario-based service offerings, marking the official dawn of the 'data utilization' era. Publicly traded entities like Aerospace Innotech and SuperMap Software have expedited their strategic deployment in domains such as remote sensing constellation management, ground-based data processing, and application dissemination, underscoring the vast potential for satellite data commercialization.