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 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.
Economic growth and finance at Davos 2025 - The World Economic Forum
1 day ago · 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 ...
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: 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.
Space Economy of the Future | McKinsey & Company
Mar 22, 2022 · The World Economic Forum–McKinsey knowledge collaboration on space economy of the future looks to accelerate the role of the space ecosystem in driving sustainability, security, and technological development on Earth.
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 ...
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.
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.
Davos 2025: Trade, tariffs, AI and UN chief Guterres dominate World ...
1 day ago · A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.