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(Transportation-News.com, August 29, 2024 ) The report "Future of Space: Emerging Technologies, Evolving Disruptions, Future Outlook and Growth Opportunities to 2064" The total space economy is forecasted to grow to USD 1.7 Trillion by 2034 & anticipated to grow to USD 6.1 Trillion by 2064.
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This study offers an in-depth analysis of the future landscape of the space industry, providing critical insights for both space market participants and non-space stakeholders. The report examines major segments spanning the upstream, midstream, and downstream sectors, identifying and analyzing 57 key megatrends. Each megatrend is thoroughly assessed to predict future industry states, delineate the technological advancements driving these changes, and highlight the resulting growth opportunities for both space-centric and broader market players.
This forward-looking study presents future scenarios and recent developments within each segment, detailing the pivotal role of over 650 market participants in shaping the industry's trajectory. Special emphasis is placed on the transformative areas of space colonization, militarization, and the burgeoning in-space economy. By boiling down ongoing developments into actionable future predictions, this report defines the anticipated demand for various products and services, offering a roadmap for resource allocation and strategic planning.
Upstream:
Launch Services
Spacecraft Manufacturing
Deep Space
Midstream:
Ground Segment Solutions
Downstream:
Communications
Earth Observation
Positioning, Navigation & Timing
Overarching Trends:
Space Militarization
In-Space Economy
For those seeking to navigate the future of space and identify lucrative opportunities, this exhaustive study serves as an essential foundation for further detailed investigations. It is an indispensable resource for understanding the forces that will shape the next frontier of space exploration and commercialization. Browse through Key Opportunities, Future Predictions, Key Developments, Market/Technology Progression, Estimated Spending, TRL Progression, Fast Movers & Future Trends, across an 188-slide deck and an in-depth TOC & scope on the report.
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