You may know that space is cold, especially as you get farther away from the sun. In business, however, the topic of space is heating up, particularly with Davos right around the corner. McKinsey senior partner Ryan Brukardt, partner Jesse Klempner, and their WEF collaborators believe the space industry is set to lift off in the next decade. As space gets more crowded with more and more public and privately operated satellites, the industry could swell to $1 trillion in value by 2030. Is your organization poised to compete? Explore the insights below to learn the latest on the burgeoning space economy.
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Space: The missing element of your strategy
Space launch: Are we heading for oversupply or a shortfall?
Expectations versus reality: Commercial-satellite constellations
A different space race: Raising capital and accelerating growth
Why on earth should business care about space?
How will the space economy change the world?
Laying the foundations for a space economy
The role of space in driving sustainability, security, and development on Earth