💰
Space Economy Dashboard
Comprehensive intelligence on the global space economy -- market size, investment trends, government budgets, public markets, and workforce data
$570B
2024 Market Size
Space Foundation
~$600B
2025 Estimate
Projected
5.3%
Annual CAGR
2020-2024
$1.8T
2040 Forecast
Morgan Stanley
📊Market Segment Breakdown (2024)
| Segment | Revenue | Share | YoY Growth | |
|---|---|---|---|---|
| Satellite Services | $184.0B | 32.3% | +3.8% | |
| Ground Equipment | $145.0B | 25.4% | +4.5% | |
| Government Space Budgets | $117.0B | 20.5% | +8.2% | |
| Satellite Manufacturing | $15.8B | 2.8% | +12.1% | |
| Launch Industry | $8.4B | 1.5% | +15.7% | |
| Non-Satellite Industry | $99.8B | 17.5% | +6.8% | |
| Total | $570.0B | 100% | +5.3% |
📈Market Size Projections (2020-2040)
2020
$447.0B
Space Foundation
2021
$469.0B
Space Foundation
2022
$503.0B
Space Foundation
2023
$546.0B
Space Foundation
2024
$570.0B
Space Foundation
2025
$600.0B
Estimate
2026
$632.0B
Forecast
2027
$668.0B
Forecast
2028
$710.0B
Forecast
2029
$756.0B
Forecast
2030
$805.0B
Morgan Stanley
2035
$1.1T
Morgan Stanley / Goldman Sachs
2040
$1.8T
Morgan Stanley
Historical
Near-term Forecast
Long-range Forecast
Growth Drivers
- + Mega-constellation broadband deployment (Starlink, Kuiper)
- + National security space spending surge globally
- + Falling launch costs enabling new applications
- + Direct-to-device satellite connectivity market
- + Space-based climate monitoring and carbon tracking
- + Commercial space station development (Axiom, Vast, Orbital Reef)
Market Risks
- - Orbital debris growth threatening sustainability
- - Spectrum congestion and regulatory bottlenecks
- - Geopolitical tensions fragmenting supply chains
- - SPAC-era space companies facing profitability pressure
- - Satellite broadband over-capacity risk
- - Workforce shortage constraining industry growth
Data Sources
Space Foundation -- The Space Report (2024)
Satellite Industry Association (SIA) -- SOTSI 2024
Space Capital -- Quarterly Investment Reports
Morgan Stanley -- Space Economy Forecast
Goldman Sachs -- Space: The Next Frontier
Euroconsult -- Government Space Programs
Bureau of Labor Statistics (BLS) -- OES Data
NASA, ESA, JAXA, ISRO -- Official Budgets
OECD -- The Space Economy at a Glance
Data is compiled from publicly available industry reports and may include estimates where official figures are unavailable. Market data is approximate and not intended as investment advice. Last updated: Q2 2025.