The Journal of Space Commerce

The Journal of Space Commerce

Space Economy to Reach $944 Billion by 2033: Report

Novaspace Releases Space Economy Report, 11th Edition

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Tom Patton
Jan 22, 2025
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The 11th Edition of the Novaspace Space Economy Report forecasts that the global space economy will grow from $596 billion in 2024 to $944 billion by 2033. This steady growth, driven primarily by advancements in downstream solutions, marking a pivotal decade for the industry.

“Downstream applications are the main driver behind the projected $348 billion …

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