Key Trends in the Global Space Industry

Different views exist on the future of the global space industry. The 'Minimalist' perspective sees a decrease in government funding and short-term investor interest, which could restrict advancements. In contrast, the 'Maximalist' approach is optimistic about increased geopolitical importance and breakthroughs in AI and IoT applications that could enhance scalability. From 2023 to 2030, significant growth is expected in the space economy, driven by emerging trends like NGSO satellite proliferation, direct-to-device connectivity, and efficient satellite manufacturing. For a more detailed analysis and further insights, we invite you to read our full document.