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.
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.
Record Near-Term Investment Drives Long-Term Global Space Revenue Across Infrastructure, Satellite Communications Services and Applications Markets Cambridge, MA– January 26th, 2022- Newly released NSR Global Space Economy, 2nd Edition (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. .
Since 2016, 83 missions have been contracted to send spacecraft, infrastructure, and crew to the Moon, valued at $50 billion. With 8 space agencies and 26 commercial companies involved, and given the growing number of announcements and funding, suffice it to say, the race to the Moon is back. While there have been hundreds of.
Space & Satellite Infrastructure, Applications, and Satellite Connectivity to exceed $1 Trillion, growing at 4.5% CAGR until 2029 Cambridge, MA – The new NSR Global Space Economy report, launched today, finds a cumulative space and satellite market revenue opportunity of more than $1 Trillion between 2019 and 2029. There is an expanding need for space-based services.