The future space economy is booming. What benefits can it bring to ...

The space economy is booming. What benefits can it bring to Earth?

The European Space Agency says the deployment of new space infrastructure has brought benefits to industries including meteorology, energy, ...

One of the most significant environmental benefits of the space economy is its role in climate monitoring and Earth observation. Satellites ...

Space: The $1.8 trillion opportunity for global economic growth

We estimate that the global space economy will be worth $1.8 trillion by 2035 (accounting for inflation), up from $630 billion in 2023.

Inside the Booming Space Economy - International Policy Digest

According to recent forecasts, this sector is poised for massive growth in the coming decade. This expansion will be driven primarily by ...

The Economy of Space & Its Impact on Society - ASU Learning Sparks

Space technologies, such as enhanced disaster management and spinoff innovations have brought about many societal benefits. However, with growth in the economy ...

What is the Space Economy?

This dynamics led some analysts to declare that the space industry could become the next trillion-dollar industry by 2040. The main current trends which are ...

Space economy | OECD

The space economy encompasses all activities and resources that contribute to human progress through the exploration, research, understanding, management, ...

Winning hearts and minds to further the global space economy

1. Leadership and collaboration: · 2. Funding and revenue: · 3. Regulatory guardrails for growth: · 4. Technology and infrastructure development: ...

Value of NASA

NASA's unique mission provides benefits in big and small ways. Dollars spent for space exploration create jobs, jumpstart businesses, and grow the economy.

Measuring how space creates jobs and prosperity on Earth [Dec/2023]

Creating statistical codes to flag space-related elements will reveal the full extent of the space economy and enable economists and policymakers to identify ...

What is the New Space Economy? | MIT Professional Education

Precision agriculture, contemporary agriculture, and agricultural innovation can all benefit from space technologies. Farmers, agronomists, food producers, and ...

Exploring the Cosmic Cash Flow: The Potential of the Space Economy

Moreover, as space technologies become more integrated into various industries, the economic impact is expected to outpace GDP growth rates, ...

How The Space Economy Will Change The World

Space Tourism: A Flourishing Industry: Suborbital and orbital space tourism experiences are likely to become more accessible and affordable, ...

Space Economy of the Future | McKinsey & Company

As the space economy expands, it could create value for multiple industries and solve many of the world's most pressing challenges. Insights from industry ...

Moving beyond launch: Realizing the benefits of the new space ...

There are several advantages to biomanufacturing in space. First, the microgravity environment can improve the growth and production of some ...

5 Key Themes in the New Space Economy - Morgan Stanley

1. A Growing Relationship Between Space and Climate Change ... Space and sustainability have aligned. With more investors focused on environment, social and ...

Shoot for the Stars: What to Know About the Space Economy

Weinzierl: In the next five to 10 years, the vast majority of economic activity directly tied to space, which would affect your typical worker, ...

Riding the exponential growth in space - Deloitte

Companies operating in the space ecosystem can consider additive manufacturing to help reduce the cost of space missions by simplifying the ...

What are the Economic Benefits of Space Exploration?

More and more provide mapping and the monitoring of disasters, such as the Chinese Fengyun and Gaofen satellites. Space-based instruments, such ...

How countries can increase their participation in the global space ...

Space activities are global, and the ecosystem is growing fast on a march to a $1 trillion economy. For the world to access its greatest ...