2013


Global space activity by category, 2005-2023

Commercial space revenues, which make up the majority of the space economy, grew 6.5% in 2023 to reach $445 billion. Government space spending increased by double digits for the third year in a row and reached a peak in the proportion of nations increasing their space budgets.Commercial space revenues, which make up the majority of the space economy, grew 6.5% in 2023 to reach $445 billion. Government space spending increased by double digits for the third year in a row and reached a peak in the proportion of nations increasing their space budgets.

Commercial space revenues, which make up the majority of the space economy, grew 6.5% in 2023 to reach $445 billion. Government space spending increased by double digits for the third year in a row and reached a peak in the proportion of nations increasing their space budgets.

Read More


Satellites central to 2023’s record defense spending

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

Led by the United States with $835 billion in total defense spending, military budgets around the world grew to record levels in 2023 and appear on track for another record year in 2024, driven by increased tensions in Asia, the outbreak of war between Israel and militant groups, and the grinding conflict in Ukraine.

Read More