Global space economy: trends and forecasts 2023–2033

25 March 2025 | Research

"Public and private investment will fuel competition and revenue growth in the satellite and space industry worldwide over the next 10 years."

This report provides an analysis of the satellite and space industry. It assesses the evolving landscape of space activities, technologies and user needs. It focuses on the 10-year (2023–2033) revenue outlook for space industry players in three markets: satellite and space infrastructure, satellite and space applications and satellite and space communications.

The report also provides recommendations for government agencies that are looking to improve their space policy and for businesses that are seeking investment and want to improve their strategy. It provides recommendations for satellite operators and vendors that want to target the most profitable markets with their solutions and compete with the rapidly growing non-geostationary orbit (non-GEO) competitors.

Coverage

Assessment of the revenue trends across each market, variable and region.
Analysis of the revenue market share of each market and segment.
Assessment of the strategies taken by satellite operators in a changing industry landscape.
10-year revenue forecast for the satellite and space industry.

Segmentation

Markets	Satellite and space infrastructure Satellite and space applications Satellite and space communications
Variables	Equipment revenue Service revenue Managed services revenue
Segments	Applications In-orbit services Space tourism and travel Data downlink Space cloud computing Earth observation Communications Broadband access or consumer broadband Enterprise data Government and military D2D/IoT/M2M Mobility Teleport and other Video Infrastructure Crew and cargo Earth observation In-orbit services (IOS) and space situational awareness (SSA) Navigation Communications Technological development (tech dev) Science Situational awareness
Geographical regions	Asia Europe (EU) Latin America (LAM) North America (NAM) Middle East and Africa (MEA)

Questions answered

What are the main drivers of revenue growth in the satellite and space infrastructure, application and communication markets?
How are the satellite and space industry opportunities and landscape changing regionally?
How are manufacturers, launch service providers and satellite operators responding to the rise of non-geostationary orbit (non-GEO) players and solutions?
How will satellite and space communications revenue respond to the surge in satellite capacity supply and demand from different applications?

Who should read this report

Satellite operators that rely on competitive analysis and want to understand industry trends and technological advancements to optimise their operations and strategic planning.
Telecoms players that require information on emerging technologies, market demand and supply chain dynamics to guide product development and manufacturing strategies.
Venture capital analysts/managers that need detailed market insights and growth forecasts to identify investment opportunities and make informed decisions.