Global Space Economy 2024. This report provides an analysis of the. The space tourism market is on an explosive growth trajectory, expected to grow at a compound annual growth rate (cagr) of 49.9% from 2024 to 2030, driven by.
The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a reuters. The global space economy grew 8% to $546 billion in 2022 and is projected to climb another 41% over the next five years, according to a leading space nonprofit.
“India’s Space Economy Today Stands At A.
The rapid growth will be fueled by lower costs and wider access to.
Humanity’s First Space Explorer, The Soviet Cosmonaut Yuri Gagarin, Orbited Around The Globe In April 1961.
We estimate that the global space economy will be worth $1.8 trillion by 2035 (accounting for inflation), up from $630 billion in 2023.
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Global Space Economy Grew 8%, Reaching $546 Billion Commercial Growth Climbed Nearly 8%, Reaching $427.6 Billion International Defense Spending Rose To 45% Of.
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According To The Report, The Space Economy's Worth Will Rise From $630 Billion In 2023 To An Astronomical $1.8 Trillion By 2035, Enjoying An Average Growth Of 9.
Our 2024 program will focus on industry insights from experts on the state of the global space economy;
A Snapshot Look At 2022 Global Space Economy Including Commercial Infrastructure And Support Industries, Space Products And Services, U.s.