The Journal of Space Commerce

The Journal of Space Commerce

Space Tourism Market to Reach $12.6 Billion by 2031

Tom Patton's avatar
Tom Patton
Jan 12, 2023
∙ Paid

The global space tourism industry generated $598.4 million in 2021, and is anticipated to generate $12.6 billion by 2031, witnessing a CAGR of 36.4% from 2022 to 2031, according to a new report from Allied Market Research.

The rise in technological advancements, consistent transformations in technology, and the rising trend of space tourism drive the gro…

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