Report: Space economy valued at $385bn in 2020 | – Advanced Television

Euroconsult estimates that the consolidated space economy, including both government space investments, as well as commercial space, totalled $385 billion (313bn) in 2020, a record amount.
Commercial revenues of $315 billion in 2020 were down 2 per cent from 2019s $319 billion evaluation, due partially to the Covid-19 pandemic affecting certain commercial markets – in particular satellite communication sub-segments focused on high mobility such as, aero, maritime, offshore oil and gas, though other…

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