What is the market size of the space business?

According to the World Economic Forum's 2024 report, it was approximately 630 billion USD (about 98 trillion JPY) in 2023, and it is forecasted to grow to about 1.8 trillion USD (about 280 trillion JPY) by 2035.

What is the largest market in the space business?

The largest market is 'services provided on the ground through the operation of satellites,' which accounts for about 71% of the market. The rocket industry accounts for only about 2% of the total market.

How is space technology used in daily life?

It is widely used in car navigation and map apps for positioning, weather forecasting by weather satellites, crop management in agriculture, palm oil procurement management, and speeding up insurance payouts for flood damage.

Can people other than science specialists enter the space business?

Yes. People with diverse backgrounds, including those from law, business management, human resources, and consulting, are entering the field. There are many examples of non-science professionals and non-space companies participating.

What kind of support measures does the Japanese government have for the space industry?

The 'Space Strategy Fund' has been launched, investing 1 trillion JPY over 10 years starting from 2024. Investments in space development are a core part of the national strategy.

AI News NQ Analysis

[Reprint] Reaching a 280 trillion yen market by 2035. Third reprint decided for the book 'Space Business' due to popularity!

NQ Score 83/100

N1 Content Completeness 9

Key facts

[Reprint] Reaching a 280 trillion yen market by 2035. Third reprint decided for the book 'Space Business' due to popularity!
On June 9, 2026, business book publisher Crossmedia Publishing announced a third reprint of the book 'Space Business.' The book outlines the entire landscape and entry opportunities for the space industry, garnering widespread support.
Source: PR TIMES
Date: Tue Jun 09 2026 20:00:03 GMT+0900 (Japan Standard Time)

Direct answer

On June 9, 2026, business book publisher Crossmedia Publishing announced a third reprint of the book 'Space Business.' The book outlines the entire landscape and entry opportunities for the space industry, garnering widespread support.

Citation: [Reprint] Reaching a 280 trillion yen market by 2035. Third reprint decided for the book 'Space Business' due to popularity! (Tue Jun 09 2026 20:00:03 GMT+0900 (Japan Standard Time)), PR TIMES
Source: PR TIMES
Date: Tue Jun 09 2026 20:00:03 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

On June 9, 2026, business book publisher Crossmedia Publishing announced a third reprint of the book 'Space Business.' The book outlines the entire landscape and entry opportunities for the space industry, garnering widespread support.

AI Analysis

Frequently Asked Questions

Q: What is the market size of the space business?: A: According to the World Economic Forum's 2024 report, it was approximately 630 billion USD (about 98 trillion JPY) in 2023, and it is forecasted to grow to about 1.8 trillion USD (about 280 trillion JPY) by 2035.
Q: What is the largest market in the space business?: A: The largest market is 'services provided on the ground through the operation of satellites,' which accounts for about 71% of the market. The rocket industry accounts for only about 2% of the total market.
Q: How is space technology used in daily life?: A: It is widely used in car navigation and map apps for positioning, weather forecasting by weather satellites, crop management in agriculture, palm oil procurement management, and speeding up insurance payouts for flood damage.
Q: Can people other than science specialists enter the space business?: A: Yes. People with diverse backgrounds, including those from law, business management, human resources, and consulting, are entering the field. There are many examples of non-science professionals and non-space companies participating.
Q: What kind of support measures does the Japanese government have for the space industry?: A: The 'Space Strategy Fund' has been launched, investing 1 trillion JPY over 10 years starting from 2024. Investments in space development are a core part of the national strategy.