2023


Global space activity by category, 2007-2027

Global space activity by category, 2007-2027Global space activity by category, 2007-2027

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. Commercial space continues to make up the majority (78%) of this total, but preliminary data shows that 81% of governments with space programs increased spending in 2023.

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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.

Read More