Global Satellite and Space Industry Report 2025: Market Overview and Outlook to 2030
The global space economy hit $415 billion in 2024, up 4% from 2023, with commercial satellites making up $293 billion. Operational satellites jumped to 11,539 by year-end, more than triple 2020’s total. SpaceX led U.S. launches with 138 of 145 flights. The U.S. captured 65% of global launch revenue, while China completed 68 launches and Europe three.