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Global workforce growth shows annual overall gains

SpaceX Crew-7 astronauts train in Hawthorne, California, for their mission to the International Space Station. The crew, which returned to Earth in March, consisted of four astronauts from different government agencies: NASA, ESA, JAXA, and Roscosmos. Credit: SpaceXSpaceX Crew-7 astronauts train in Hawthorne, California, for their mission to the International Space Station. The crew, which returned to Earth in March, consisted of four astronauts from different government agencies: NASA, ESA, JAXA, and Roscosmos. Credit: SpaceX

Annual workforce data shows a net gain of more than 26,000 space workers. That compares to 6,436 added jobs in the prior year comparison. While methodologies differ, tracking annual data provides some insight to the growth of the global workforce.

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INSIGHT: Rising space nations: 5 high-potential markets to watch

Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.

Justin Annibali is chief executive officer and co-founder of Global Space Exchange, a Washington, D.C.-based company that provides market information and analysis of space capabilities and technologies. In this article, Annibali examines key factors for nations planning success in the global space economy.

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Q2 2024 Highlights

The space industry is advancing faster than ever before with continual progress in the government, military and private sectors. Here are noteworthy business highlights from this quarter.The space industry is advancing faster than ever before with continual progress in the government, military and private sectors. Here are noteworthy business highlights from this quarter.

The space industry is advancing faster than ever before with continual progress in the government, military and private sectors. Here are noteworthy business highlights from this quarter.

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SNAPSHOT: Global space economy

Top 3 commercial space sectors, 2015-2022Top 3 commercial space sectors, 2015-2022

The global space economy totaled $546 billion in 2022, 8% higher than 2021 — and it could reach $772 billion by 2027, according to Space Foundation analysis.

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SNAPSHOT: New launch vehicles

The launches included successful maiden flights for three new launch vehicles. With a dozen more new launch vehicles expected to debut, 2024 appears poised to be a game-changing year in orbital flight.

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