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Global space spending projected to grow 41 percent over the next five years | Loren Grush & Tyler Kendall / Bloomberg - Vimarsana News

Global space spending projected to grow 41 percent over the next five years | Loren Grush & Tyler Kendall / Bloomberg

The global space economy grew 8 percent to $546 billion in 2022 and is projected to climb another 41 percent over the next five years, according to a leading space nonprofit. The sector is expected to show resiliency in the coming years, despite uncertainty about the global economy and a…

Global space spending projected to grow 41% over five years - Vimarsana News

Global space spending projected to grow 41% over five years

The sector is expected to show resiliency in the coming years, despite uncertainty about the global economy and a recent slowdown in space investment.

Global space spending is projected to grow 41% over the next five years - Vimarsana News

Global space spending is projected to grow 41% over the next five years

Companies in the space industry grew revenue to $427.6 billion in 2022, up from a revised $396.2 billion the year before.

16 Innovative Potential (And Current) Applications For The Metaverse - Vimarsana News

16 Innovative Potential (And Current) Applications For The Metaverse

The metaverse is poised to revolutionize both business processes and the ways individuals explore the world and interact with each other.

Source: forbes.com
Commercial space industry expected to grow 41% over next five years - Vimarsana News

Commercial space industry expected to grow 41% over next five years

The sector is expected to show resiliency in the coming years, despite uncertainty about the global economy and a recent slowdown in space investment.