Government spending on space 2024

19 June 2024 | Research

Report | PPTX and PDF (19 slides); Excel | Government and Military Space

"Satellite players must understand the needs of governments in specific countries."

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The geopolitical situation worldwide has ensured that space and satellite-related spending is essential for any government that can afford it. This report offers essential insight into the economic, geopolitical and governmental goals and trends of 2024 to ensure the appropriate planning to capture revenue opportunities.

Report coverage

Assessment of how countries are investing in space in 2024.
Analysis of the key areas of focus in national space investment structure and plans.
Discussion of the driving forces behind government spending in space or lack thereof.
Evaluation of whether countries are prioritising investment in civil or military space-related spending.
Discussion of beyond Earth activity by region.

Questions answered

Which countries are investing in space and which areas are they focusing on?
Which factors are driving and hindering government spending on space?
Are governments prioritising civil or military space-related spending?
What are the regional priorities in terms of beyond Earth spending and activity?

Segmentation

Geographical region

North America: 2 countries
Latin America: 7 countries
Europe: 28 countries
Middle East and Africa: 27 countries
Asia–Pacific: 15 countries

Variable

Military: government-funded defensive and military surveillance and satellite communications, including sovereign capabilities where spending is officially reported as being dedicated and approved for 2024.
Civil: government-funded science, weather, research and non-military international partnerships spending (including space agencies) where the budget has been officially declared and approved for 2024.
Beyond Earth orbit: government funding actions and for activity past Earth’s orbit to include exploration and science-based missions via space agencies where in the budget has been declared and approved for 2024.

Who should buy this report

National space strategists
Investors and financial analysts
Government and military procurement departments
Commercial government and military suppliers and service providers

Companies and organisations mentioned in this report

Airbus, Azercosmos, the Space agency of the Republic of Azerbaijan, Clavister, Costa Rica’s Space Agency, European Space Agency (ESA), The European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT), The National Aeronautics and Space Administration (NASA), National Oceanic and Atmospheric Administration (NOAA), Ovzon, Spire, Uzbekistan Space Research and Technology agency, Yahsat.

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