During the forecast period (2024-2030), the market for space tourism will propel at a CAGR of 45.0%.
The major players in the market for space tourism are focused on mergers, new product launches, partnerships, acquisitions, and collaboration. They are also concentrating on increasing their market reach to enhance their presence.
The space tourism industry will reach a value of USD 12,355.7 million in 2030.
Commercial is the leading end-user in the space tourism industry, with a share of 65% in 2023.
APAC is the fastest-growing regional industry for space tourism.
The major drivers in the space tourism market are the development of the technologies being employed for space exploration and the increasing interest in experimental tourism.