New Space Economy Predictions

New Space Economy shared a database of the measured space economy size and published predictions for growth through 2045 at https://newspaceeconomy.ca/2023/05/30/global-space-economy-size-estimates-and-forecasts-2005-to-2045/ .

The database contains both the predictions and the sources of the predictions. The take-away is that these estimates predict between a 4% and 12% growth through 2040. One prediction for 2030 has a compounded growth rate of 14%. Compared to an expected world economic growth of about 3% in 2023, the new space economy should make strong contributions to future growth.



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