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Sky’s the Limit for Global Space Economy
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3 Articles
Sky’s the limit for global space economy
The global space economy market is forecast to grow at a CAGR of 4% from $421-billion in 2024 to $511,2-billion in 2029 driven by an increase in the deployment of low Earth orbit (LEO) satellites, productivity improvements in satellite equipment manufacturing, the competitive launch services landscape, and demand for services around data communications, navigation, and Earth observation. This is according to GlobalData’s latest Strategic Intelli…
Global space economy market to surpass $511 billion in 2029, forecasts GlobalData
The global space economy market is forecast to grow at a compound annual growth rate (CAGR) of 4 percent from $421.0 billion in 2024 to $511.2 billion in 2029, according to GlobalData, a data and analytics company. The growth will be driven by an increase in the deployment of low Earth orbit (LEO) satellites, productivity […]
Global space economy market to surpass $511 billion in 2029, forecasts GlobalData - GlobalData
The global space economy market is forecast to grow at a compound annual growth rate (CAGR) of 4.0% from $421.0 billion in 2024 to $511.2 billion in 2029, driven by an increase in the deployment of low Earth orbit (LEO) satellites, productivity improvements in satellite equipment manufacturing, the competitive launch services landscape, and demand for services around data communications, navigation, and Earth observation. according to GlobalData…
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