2020
Global space activity by category, 2007-2027
The global space economy totaled $546 billion in 2022, 8% higher than 2021 — and it could reach $772 billion by 2027, according to Space Foundation analysis. Commercial space continues to make up the majority (78%) of this total, but preliminary data shows that 81% of governments with space programs increased spending in 2023.
Launch failures by number of satellites lost, 2003-2023
In 2023, launch failures resulted in the loss of 31 satellites, an increase of 48% from 2022.
Cumulative spacecraft on orbit, 1957-2023
Federal agencies in 2014 estimated by 2022 as many as 43 commercial satellites a year would head to orbit. Instead, more than 50 times . . .
NASA Civil Servant Workforce, FY 2013-2023
NASA employed approximately 18,372 employees in 2023. This is an increase of 3.1% over employment in 2022.
Space insurance industry estimates, 2003-2022
As satellites get smaller and cheaper and companies pivot to building LEO constellations rather than purchasing single large satellites for GEO orbit, many operators are foregoing insurance after launch altogether.
U.S. space private industry employment, 2012-2023
Some experts in the space sector worry that high inflation may put significant pressure on aerospace firms as the cost of materials increases rapidly.
Proportion of governments that increased space spending, 2018-2023
Preliminary data shows that 81% of governments with space programs increased spending in 2023.
Vandenberg customer mission share 2014–2023
No single mission segment dominated the base’s launches until 2022, when 10 of 16 Vandenberg launches delivered commercial payloads to space.
Vandenberg customer mission share 2014–2023
Cumulative human spaceflight, 1961–March 18, 2024
Human spaceflight activity is off to a rapid pace in 2024 with a private Axiom mission, a public ISS mission, and a private Virgin Galactic mission taking flight in the first nine weeks of the year.