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Smart Space Market to Reach $107.4 Bn, Globally, by 2030 at 13.4% CAGR: Allied Market Research

Proliferation of advanced technologies such as IoT and AI, increase in environmental concerns, and rise in number of greenfield projects drive the growth of the global smart space market PORTLAND

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Smart Space Market to Reach $107.4 Bn, Globally, by 2030 at 13.4% CAGR: Allied Market Research

/PRNewswire/ Allied Market Research published a report, titled, "Smart Space Market by Component, (Hardware, Software, and Services), Space Type (Smart.

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Transcripts for BBCNEWS BBC News 20211124 04:19:00

Concept which uses giant reflectors in orbit around our planet to take in the sun s rays. it points to potentially unlimited electricity, with no carbon footprint. more energy from the sun hits earth in one year than the total ever provided by fossil fuels and nuclear power. so is this the future or pie in the sky? well dr sam adlen is the co chair of the uk s space energy initiative and head of innovation at the satellite applications catapult which aims to capture 10% of the global space market by 2030, and he explained to me how it would work. for a country like the uk if you put your solar panels into space versus having them on the ground you get 13 times more energy and that drives the economics of a space based solar power solution. there are no clouds and nothing in the way, that is half the battle. and there is no night. so 24 hours and around the clock and huge energy resource. you have

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Transcripts for BBCNEWS BBC News 20211124 03:14:00

It points to potentially unlimited electricity, with no carbon footprint. more energy from the sun hits earth in one year than the total ever provided by fossil fuels and nuclear power. so is this the future or pie in the sky? with me is dr sam adlen, co chair of the uk s space energy initiative and head of innovation at the satellite applications catapult, which aims to capture 10% of the global space market by 2030. thank you forjoining us. i stole your thunder in the introduction about the potential of soul are in space but just explain potential of soul are in space butjust explain how much easier it would be together then the efforts going on in then the efforts going on in the here? the here? solar. that is riaht, the here? solar. that is right. you the here? solar. that is right, you have the here? solar. that is right, you have given - the here? solar. that is right, you have given the l right, you have given the headline but for a country like the uk, if you put

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