Space is a major business opportunity.
- 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.