Space Economy Set to Triple to $1.8 Trillion by 2035, New …
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.
Space economy | World Economic Forum
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.
Space is booming. Here's how to embrace the $1.8 trillion …
Apr 8, 2024 · By 2035, the space economy is set to reach $1.8 trillion, up from $630 billion in 2023 and averaging a growth rate of 9% per annum – a figure significantly above the growth rate of global GDP.
World Economic Forum Forecasts a $1.8 Trillion Space Economy …
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.
Space Economy To Triple To $1.8 Trillion By 2035: World Economic Forum
Apr 8, 2024 · A World Economic Forum (WEF) report released today shows how the global space economy could tackle many of the world's most pressing industry and societal challenges.
Space: The $1.8 trillion opportunity for global economic growth
Apr 8, 2024 · We estimate that the global space economy will be worth $1.8 trillion by 2035 (accounting for inflation), up from $630 billion in 2023.
The space economy is projected to reach $1.8 trillion by 2035
4 days ago · 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
World Economic Forum Report Paints Bright Future for ... - Via …
Apr 10, 2024 · A new report: ‘Space: The $1.8 Trillion Opportunity for Global Economic Growth’ was developed in partnership between the World Economic Forum and McKinsey & Company. \The report predicts that space will be a key part of the global economy by 2035.
beneficial space environment for life on Earth. Through these recommendations, we advance the targets that we believe all space . ctors should collectively adhere to and promote. We believe this type of responsible behaviour is now critical to drive productivity in space while maintaining a high standard of sustai.
World Economic Forum: A preview of Davos 2025 - McKinsey
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 ...
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