2023

Orbital launch attempts, 2023

The number of launches continued to grow rapidly, with 223 launches — 211 of them successful — attempted in 2023 compared to 186 attempts in 2022.

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Launch value by market, 2019-2023

The market value of uncrewed commercial launches conducted in 2023 was $3.9 billion. This is an increase of 35% compared to the $2.9 billion in revenue in 2022, driven largely by the accelerating deployment of the Starlink constellation.

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Top three commercial space sectors, 2019-2023

Commercial revenues totaled $445 billion in 2023, 6.5% higher than the prior year. Position, Navigation, and Timing (PNT) increased slower than overall commercial revenues, growing 5.4% last year. Despite the smaller magnitude of the Ground Stations and Equipment revenues (about half the size of PNT), the category grew 18% in 2023. Direct-to-Home Television, the third-largest category, continued its gradual five-year decline.Commercial revenues totaled $445 billion in 2023, 6.5% higher than the prior year. Position, Navigation, and Timing (PNT) increased slower than overall commercial revenues, growing 5.4% last year. Despite the smaller magnitude of the Ground Stations and Equipment revenues (about half the size of PNT), the category grew 18% in 2023. Direct-to-Home Television, the third-largest category, continued its gradual five-year decline.

Commercial revenues totaled $445 billion in 2023, 6.5% higher than the prior year. Position, Navigation, and Timing (PNT) increased slower than overall commercial revenues, growing 5.4% last year. Despite the smaller magnitude of the Ground Stations and Equipment revenues (about half the size of PNT), the category grew 18% in 2023. Direct-to-Home Television, the third-largest category, continued its gradual five-year decline.

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NASA commercial contracts awarded, 2016-2023

Through the CLPS initiative, NASA is working with 14 American companies to provide payload integration to, and surface operations on, the Moon. The initiative holds a cumulative maximum contract value of $2.6 billion through 2028.

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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.

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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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