2015


Space insurance industry estimates, 2003-2022

Space insurance industry estimates, 2003-2022Space insurance industry estimates, 2003-2022

As satellites get smaller and cheaper and companies pivot to building LEO constellations rather than purchasing single large satellites for GEO orbit, many operators are foregoing insurance after launch altogether.

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Top 3 commercial space sectors, 2015-2022

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

Commercial revenues continue to make up the majority (78%) of the global space economy. The top three commercial space sectors — ground stations, direct-to-home television, and position, navigation, and timing — totaled $373 billion in 2022.

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