Although the continent’s total space spending is a small fraction of global spending, Africa is quickly becoming a space powerhouse. The African Union’s Agenda 2063 includes the Africa Outer Space Strategy as one of 15 flagship projects “to [accelerate] Africa’s economic growth and development.”
The global space economy reached a new high of nearly $447 billion in 2020, an increase of 4.4% from a revised 2019 figure of $428 billion. The 2020 figure is 50% greater than a decade ago, and 176% greater than . . .
International successes in space, such as the Hope, Perseverance, and the Zhurong missions to Mars, don’t happen without years of advance government spending. In 2020, as nations struggled to overcome a global pandemic, space spending varied widely across countries and agencies.
Growth in the government investment sector of the space economy outpaced commercial sectors as the U.S. and non-U.S. government shares of the global space economy between 2017 and 2018. . .
The global space industry employs hundreds of thousands of highly skilled individuals to design, produce, and operate cutting-edge technology. This dynamic workforce contributes to local economies, with clusters of innovative companies and service . . .
In addition to adeptly managing the existing workforce, the health of the industry relies on a steady supply of highly educated individuals, particularly those earning university degrees in science, technology, engineering, and mathematics (STEM) fields.
Around the globe, many smaller nations—whether in terms of economy or population size—are investing in space projects or programs. The exhibit below shows the most recent available annual budget for civil space activities in a number of selected space states.
DTH television’s estimated revenue comprised ##% of the commercial space products and services sector, growing from $## billion in 2012 to $## billion in 2013. North American DTH providers DIRECTV and DISH Network continue to be the largest contributors, with combined estimated revenues of $## billion in 2013. The companies reached a combined total of ## million subscribers as of September 2013. DTH providers in other regions generated the remaining revenue of $## billion.
Around the globe, many smaller nations—whether in terms of economy or population size—are investing in space projects or programs. Exhibit 2cc shows the most recent available yearly budget for civil space activities in a number of selected emerging space states. Each of these countries tends to feature a different focus in its space investment portfolio, so care must be taken in making generalizations.