Dublin, Sept. 14, 2023 (GLOBE NEWSWIRE) — The “Space-Based Laser Communication Market – A Global and Regional Analysis: Focus on End User, Application, Solution, Component, Range, and Country – Analysis and Forecast, 2023-2033” report has been added to ResearchAndMarkets.com’s offering.
The global space-based laser communication market is on track to witness substantial growth, with a projected value of $10.72 billion by 2033, up from $3.04 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 13.43%.
This remarkable growth is attributed to the incorporation of transformative technologies, including artificial intelligence (AI), electronically steered antennas (ESAs), miniaturization of components, and inter-satellite links (ISLs), all of which enhance communication performance in both terrestrial and space environments.
Several factors contribute…