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The Future of Space Economy


Space is booming. Here's how to embrace the $1.8 trillion opportunity

The space economy is expected to be worth $1.8 trillion by 2035 as satellite and rocket-enabled technologies become increasingly prevalent, ...

Space: The $1.8 trillion opportunity for global economic growth

About the authors ... We estimate that the global space economy will be worth $1.8 trillion by 2035 (accounting for inflation), up from $630 ...

Space Economy of the Future | McKinsey & Company

The World Economic Forum–McKinsey knowledge collaboration on space economy of the future looks to accelerate the role of the space ecosystem in driving ...

Space Foundation Announces $570B Space Economy in 2023 ...

The global space economy grew 7.4% to $570 billion in 2023 · Commercial revenues topped $445 billion, 78% of the space economy · Government space ...

The Future of the Space Economy - Deloitte

communications, finance, and media, space-based satellites are critical. The future space economy is expected to increase in key areas, such ...

Space economy | OECD

In the past decade and a half, we have witnessed an extraordinary surge in the use of space, cutting across both public and private sectors. This period has ...

The New Space Economy - Morgan Stanley

Morgan Stanley's Space Team estimates that the roughly $350 billion global space industry could surge to over $1 trillion by 2040.

Future of Space Market - MarketsandMarkets

The global Future of Space Industry in terms of revenue is estimated to be worth $1.7 Trillion by 2034 and is poised to reach $6.1 Trillion by 2064.

What is the New Space Economy? | MIT Professional Education

The new space economy is the rising commercialization of space exploration. Private investors, companies, and start-ups are investing and contributing to space ...

World Economic Forum Report Paints Bright Future for the Space ...

The global space economy could be worth close to $2 trillion by 2035. This is according to a new World Economic Forum report released this ...

Riding the exponential growth in space - Deloitte

This growth in the global space sector is creating opportunities for new players and new offerings for incumbent ones. 2022 was a record year ...

Space: The $1.8 Trillion Opportunity for Global Economic Growth

The space economy is forecast to reach $1.8 trillion by 2035, up from $630 billion in 2023 and growing at an average of 9% per annum – well above the growth ...

SCB, New and Revised Statistics for the U.S. Space Economy, 2017 ...

The new statistics show the space economy accounted for $131.8 billion, or 0.5 percent, of total US GDP in 2022. Real GDP grew by 2.3 percent in the space ...

The Space Economy Initiative - UNOOSA

The space economy has been consistently growing, fueling the expansion of space activities and boosting humanity's efforts in sustainable development. Still, to ...

The Space Economy: Review of the Current Status and Future ...

In summary, the future of the space economy seems to hinge on LEO innovations, vast constellations, and compact satellite technologies, ...

What is the Space Economy?

Today, the deployed space infrastructure makes the development of new services possible, which in turn enables new applications, in sectors such as meteorology, ...

Forging the Future of the Space Economy - Politico

the global space economy is projected to skyrocket from around $600 billion today to about $1.8 trillion in 10 years — a nine percent year-on- ...

Space Economy | U.S. Bureau of Economic Analysis (BEA)

BEA is developing statistics measuring the contributions of space-related industries to the overall US economy.

The Future Space Economy, Presented by On Orbit - Via Satellite

The Future Space Economy webcast series ushers in a new era of space technology, innovation, and investment by uniting global industries, space leaders, ...

4. Projections of the Future Size of the Space Economy - jstor

Projections for 2040 range from a forecast by UBS, an international bank, of $926 billion, to one by Goldman Sachs of a “multi-trillion” dollar space economy ( ...