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Perspective

Perspective

As new operators and regional actors emerge, the mature players change their positioning in response. As governments map out a long-term, sustainable approach to exploration beyond the orbit of Earth, near-term programmatic and policy environments shift. As space investments generate returns, local and regional governments respond in order to better capture economic benefits. Understanding these dynamics yields an important perspective on opportunities and challenges.


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The evolution of the space sector is reflected in changes within the industry in response to new challenges and opportunities. As certain elements of the space economy become established economic goods, the ways customers buy—and companies sell—those space products and services evolves.
Space activities, investments, and technologies are an integral part of the toolkit that governments and industry use to create economic and social benefits. Certain undertakings rely on a mixture of the activities described elsewhere in The Space Report, drawing together policy, space products,...
For half a century, human beings have been traveling to and from Earth’s orbit. Since the April 12, 1961 flight of Yuri Gagarin, 523 spacefarers from 34 countries have flown in space. The applications and services generated by space activities have become an integral aspect of life on Earth.
Space activities have become central to the way we live, work, and play. Every day, around the world, people experience the benefits of human engagement in space. Space applications and services play central roles in our daily lives, from weather forecasting to navigation services to...
Connections between people are the foundation of society. Whether by telephone, internet, or face-to-face conversation, people have an innate desire to communicate with friends, family, colleagues, and contacts near or far. Corporations stake their credibility and competitiveness on how well they...
2008 was a challenging year for the world in many ways, and the space industry has not been immune to these challenges. Despite the systemic problems besetting the economy, positive developments in global space activity point to a continuing robust role for space industry.
Space has been transformed from an entirely government dominated research and development (R&D) program to an industry whose revenues from commercial goods and services are more than one-half of its business, as is illustrated in Exhibit 5d.

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