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NSR in the News

January 27, 2022

AeroSpaceTechReview: NSR’s Global Space Economy Report Projects $1.25 Trillion in Revenue by 2030

NSR’s newly released “NSR’s Global Space Economy, 2ndEdition (NGSE2)” projects 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 $1.25T in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR. Satellite & Space Infrastructure.

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January 26, 2022

Advanced Television: Forecast: 60,000 passengers into space by 2031

A study from analysts at Northern Sky Research (NSR) suggests that by 2031 some 57,500 passengers will be taking a trip into space. The value of this space tourism and orbital travel will capture the majority of an overall cumulative $20.3 billion in related revenues. The numbers come from NSR’s Space Tourism & Travel Markets,.

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Bollyinside: Fly over 57,500 passengers into space by 2031

As the most stable and lucrative segment through 2031, Orbital Travel is set to capture 66% of total revenue opportunity. Orbital Travel has strong government support with initiatives such as the Commercial Crew program and commercial company led Space Station development. High ticket prices, coupled with very strong demand, results in a fast-growing market, even amongst delays.

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