Advanced Television: Forecast: Space economy worth $1.25tn by 2030
Northern Sky Research (NSR) in its Global Space Economy, 2nd Edition report, is projecting that the Global Space Economy will be worth $1.25 trillion (€1.12tn) by 2030. NSR is projecting strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25 trillion in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25 per cent CAGR.