Global Space Economy Reaches $626 Billion, Marking a New Phase of Growth

Space Market Set for Trillion-Dollar Era by Decade’s End Paris, France [January, 2026] – The 12th edition of Novaspace’s Space Economy Report notes the global space economy is now on a significant growth trajectory, positioned to expand from $626.4 billion in 2025 to $1.01 trillion by 2034, a significant 5.5% CAGR. While growth continues to be supported by innovation, new business models, assertive government policies and expanding demand for satellite-enabled services, 2025 stands out as […]

2025 in Review: A Year of Acceleration and Transformation in the Global Space Economy 

2025 marked a decisive shift for the global space sector. As governments strengthened sovereignty and defense postures, and private investment returned with greater discipline, the space economy entered a new phase defined by execution, resilience, and consolidation. Rather than speculative expansion, growth is now driven by operational maturity, integrated capabilities, and long-term value creation across the space value chain.

Novaspace Projects $665B in Satellite Build and Launch Activity

43,000-Satellite Surge Reshapes Orbital Competition and Challenges Legacy GEO Models Paris, France [October, 2025] – Launched today, Novaspace’s 28th edition of Satellites to Be Built and Launched reveals a decade of record-breaking orbital growth. More than 43,000 satellites are expected to launch by 2035, averaging 12 satellites and 8 tons of payload every day. This […]

[English] Novaspace and the Occitanie Region Launch the Inaugural Space Summit for a Resilient Future in 2026 

Novaspace, with the support of the Occitanie Region, will host the first Space Summit for a Resilient Future on May 12–13, 2026 in Toulouse. This international gathering will bring together more than 500 leaders from government, industry, and academia to explore how space can strengthen resilience, sustainability, sovereignty, and innovation. Set in the heart of Europe’s leading space region, the summit will also feature exclusive Learning Expeditions across Toulouse’s world-class industrial and research sites.

The Space Economy to Reach $944 Billion by 2033: Novaspace Unveils Key Insights

Novaspace’s 11th Space Economy Report forecasts the industry to grow from $596 billion in 2024 to $944 billion by 2033, driven by downstream solutions like satellite-enabled navigation, Earth observation, and communications. The report explores emerging technologies, upstream challenges, and market trends, offering insights for stakeholders navigating this transformative trillion-dollar industry.