Space is booming. Here's how to embrace the $1.8 trillion opportunity
www.weforum.org
By 2035, the space economy is set to reach $1.8 trillion, up from $630 billion in 2023 and averaging a growth rate of 9% per annum The share of the total space economy captured by traditional hardware and service providers will slowly decrease to the benefit of other services Five sectors – supply c
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- By 2035, the space economy is set to reach $1.8 trillion, up from $630 billion in 2023 and averaging a growth rate of 9% per annum
- The share of the total space economy captured by traditional hardware and service providers will slowly decrease to the benefit of other services
- Five sectors – supply chain and transport; food and beverage; state-sponsored defence; retail, consumer and lifestyle; and digital communications – are forecast to generate 60% of the global space economy
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