Flying over 57,500 Passengers toward Space by 2031 – Orbital Travel Captures Majority of $20.3 Billion Space Travel Revenue

Growing Commercial Passenger Interest, Along with Government Funding and Demand, Drive Space Tourism & Travel Market Revenues    Cambridge, MA- January 14th, 2022- NSR’s newly released Space Tourism & Travel Markets, 3rd Edition (STT3) report sees over 57,500 passengers heading to “space” through the decade, generating $20.3 Billion cumulative revenues. NSR’s STT3 finds the rapid growth.

Parabolic Flights: A Case Study for Space Travel & Tourism

The ongoing pandemic has presented a plethora of opportunities as well as challenges to some of the emerging business verticals like Space Tourism and Travel. Recently, the DearMoon project, initiated by Japanese billionaire Yusaku Maezawa recorded millions of participants applying to pursue their dream. On the other hand, Spaceport Cornwall rejected Virgin Galactic’s plan for.

MarketScale: Why Space Tourism May be a Reality Sooner Rather Than Later

“Based on the ticket prices that we’ve seen today, the pace of development that we see and the supplies that NASA projects that the revenue sizing represents a $14 billion cumulative opportunity, assuming that launches start within the next one or two years and continuing through 2028. If you’re able to scale and [prove] reliability,.