Global Space industry is forecasted to generate revenue of more than $1 trillion or more in 2040, up from current $350 billion.
Space has been recognized as one of the future enablers contributing to sustainable growth and job creation.
Integration of Space into the society and economy leads to more value creation, renewal and growth in both Space and non-Space sectors.
Space sector’s connection to other sectors enables renewal and growth opportunities in new business and cross-sectoral innovations.
Space plays a key role in transformation to a climate neutral economy to achieve the climate and energy targets, the goals of the Paris Agreement and United Nations Sustainable Development Goals.