McKinsey & Company

WEF: Space economy to triple to $1.8 trillion by 2035, outpacing global GDP growth

WEF: Space economy to triple to $1.8 trillion by 2035, outpacing global GDP growth

  • Surge is led by decreased costs, greater accessibility of space-related technologies
  • More than 60 percent of demand will be driven by supply chain and transportation, food and beverage, defense, retail, consumer goods and lifestyle, and digital communications
By Arab News ·