Apr 8, 2024 · The global space economy will be worth $1.8 trillion by 2035, up from $630 billion in 2023 – almost twice the rate of global GDP growth, according to World Economic Forum research.

Jan 20, 2025 · Space technologies can tackle many of the world’s most pressing business and societal challenges. This report by the World Economic Forum and McKinsey & Company shows that lower costs and improved access to space-enabled technologies such as communications; positioning, navigation and timing; and Earth observation services could take the global space economy to $1.8 trillion by 2035, up from ...

Apr 8, 2024 · This report by the World Economic Forum and McKinsey & Company shows that lower costs and improved access to space-enabled technologies such as communications; positioning, navigation and timing; and Earth observation services could take the global space economy to $1.8 trillion by 2035, up from $630 billion in 2023.

Apr 8, 2024 · The space economy is poised for significant growth over the next decade, expanding from $630 billion in 2023 to a projected $1.8 trillion by 2035 according to a recent report by the World Economic Forum in partnership with McKinsey & Company.

Apr 8, 2024 · This report by the World Economic Forum and McKinsey shines a light on the important developments that will shape the space industry, and the industries adjacent to it, through 2035. As part of our research, we interviewed over 60 leaders and experts across the space sector and other segments to get a detailed view of the trajectory of space ...

Jan 24, 2025 · Explore these insights to understand how businesses across sectors can leverage space-based solutions to enhance operations, create new markets, and tackle some of the world's most pressing challenges. Space: The $1.8 trillion opportunity for global economic growth. The case for space. Space: The missing element of your strategy

A banner year for space exploration, 2024 saw a surge in SpaceX activity, improved satellite technology, and new scientific research that will lead to additional practical applications on Earth. ... January 28 at 11:30 a.m. EST / 5:30 p.m. CET for a debrief of what happened at this year's World Economic Forum. They will discuss the ideas that ...

Apr 10, 2024 · The global space economy could be worth close to $2 trillion by 2035. This is according to a new World Economic Forum report released this week. The report says it expects the sector’s valuation to surge up to $1.8 trillion by 2035 and be roughly rival the size and reach of the global semiconductor industry – with space technologies ...

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. Read writing about Spacex in World Economic...

Jun 14, 2023 · The Space Industry Debris Mitigation Recommendations document, released by the WEF June 13, outlines recommendations to avoid collisions that can create debris by limiting the lifetime of...