As per the Space Report 2025 Q2, the global space economy reached an unprecedented USD 613 billion in 2024- reflecting strong 7.8% year-over-year growth. The milestone underscores the vital role space plays in driving economic growth, ensuring national security, and enhancing public safety.
A World Economic Forum and McKinsey report estimates that by 2035 the global space economy could reach around USD 1.8 trillion.