The Journal of Space Commerce

The Journal of Space Commerce

Space Service Market Could Reach $67.9 Billion: Report

Allied Market Research Forecasts Nearly 9 Percent Annual Groth Through 2033

Tom Patton's avatar
Tom Patton
Apr 25, 2025
∙ Paid

The global space service market size was valued at $30.2 billion in 2023, and is projected to reach $67.9 billion by 2033, growing at a CAGR of 8.8% from 2024 to 2033 according to a new report from Allied Market Research. Space service refers to a broad range of commercial, governmental, and defense-related activities that utilize space-based infrastruc…

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