Global Space Business Bulletin

The space industry should reach $1 trillion in annual revenue by 2040, with launch costs dropping 95%, Citigroup analysts said in an extensive report published this month.

Private investment in space companies, especially from venture capital, has steadily broken annual records over the past decade. Last year, space infrastructure companies received $14.5 billion of private investment.


  • The Space Industry is projected to register a CAGR of 5.6% over 2018-2026.
  • In terms of categories, nano satellites segment is anticipated to account for one of the largest share of expenditure globally.
  • The Middle Eastern market is growing rapidly and European space majors can make rapid inroads into this market.
  • The fastest growing market from 2024 onwards will be China as the Chinese Government continues to make billions of dollars of investment in this industry.

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