Interactive Tables and Charts
Data Economy
Earth Observation Revenue, 2013-2022
Earth observation satellites circle the globe collecting images and information about the Earth. This information can be valuable for a wide array of applications such as fishing, mining, and weather forecasting. Some companies in this sector sell satellite observations and imagery directly, as individual products or as a more continuous downlink, while others focus on the sale of value-added products and services or big data analyses derived from the satellite data.
Space Insurance Industry Estimates, 2002-2022
Operating in the space sector involves risks. Space launch is complex and launch failures are possible, even for well-established vehicles. New vehicles typically carry even greater risk. Once spacecraft successfully reach orbit, issues may arise due to factors such as space weather, space debris and a crowded orbital environment. To deal with these risks, many companies in the space sector invest in space insurance. As of 2023, there were about 25 direct space insurance companies worldwide.
Orbital Launch Attempts, 2022
Europe carried out five commercial launch attempts in 2022, four of which were successful. In addition to three launches of the Ariane 5 rocket, Europe successfully completed the inaugural flight of the Vega-C launch vehicle in July 2022.8 However, the second launch of Vega-C, in December, ended in failure due to an issue with a rocket nozzle.
Launch Services Value by Market, 2018-2022
There were 186 launch attempts in 2022, up 28% from 145 attempts in 2021. Of these launches, 179 were successful. Commercial launches, defined as launches carried out for a non-government customer, accounted for 81 of the attempts and 79 of the successes in 2022. This is a significant increase from the 55 commercial launch attempts in 2021.1 The total market value of launches in 2022 was $13.2 billion, based on analysis by Eurospace, the trade association of the European Space Industry.
Global Space Activity by Category, 2007-2027
Based on global economic factors, Space Foundation forecasts that growth will slow slightly in 2023 to 6% before picking up for an average five-year growth of 7%. Under these conditions, the space economy would total $772 billion in 2027. This forecast incorporates existing markets in the space economy and does not predict any future disruptive technologies that could have extraordinary growth over the coming years.
Governments that Increased vs. Decreased Space Spending, 2018-2023
Governments are continuing to grow their space programs at a rapid pace in 2023, preliminary data for 36 nations show. The proportion of nations that increased spending in 2023 reached 81% compared to 68% last year and 52% five years ago.
U.S. Space Industry Employment and U.S. Total Employment Relative to 2011
Employment at U.S. private sector space companies grew nearly 2% from 2021 to 2022, reaching 155,973 people in five employment classifications, based on preliminary estimates from the U.S. Bureau of Labor Statistics. This continues a consistent pattern of growth since 2016.
CNES Space Spending by Type, 2005-2021
Including defense spending and contributions to third parties such as ESA, France’s total space spending in 2021 was the fourth-largest in the world behind the U.S., China, and Japan.
Expenditures by program are not available yet for 2022 but launch vehicle development tends to be the largest portion of CNES’ budget. From 2017 to 2021, the Ariane program composed an average of 32% of the agency’s non-ESA expenditures.
Space Force Budget by Category, 2021-2023
In recent years, space has reestablished itself as an important component of defense strategy alongside the establishment of the Space Force and large budget increases for space programs. The Space Force received $1.7 billion more than originally requested for fiscal year 2023, resulting in $7.1 billion (39%) more than the enacted 2022 budget.
Japanese Space Budget, 2005-2021
Civil space activities in Japan are coordinated by the Japan Aerospace Exploration Agency (JAXA), which is funded primarily through the Ministry for Education, Culture, Sports, Science, and Technology (MEXT).