How Big Is the Space Economy? 🚀

What We’re Showing

This graphic shows the size of the space economy as of December 2024, according to data compiled by Novaspace. 

Key Takeaways

• The global space economy reached $596 billion in 2024. 
• It includes government agencies and companies involved in the production and launch of satellites and spacecraft, data generation, Earth-based infrastructure, R&D programs, and more. 
• The space industry is projected to reach $1.8 trillion by 2035.