According to the KSA Space Market Report 2025 CST Announced that the Saudi Space Economy has Reached 8.7 Bn USD

The Communications, Space, and Technology Commission (CST) announced that the Saudi Space economy has reached 8.7 Bn USD last year, including all value-added activities and industries from Space technologies and services.

The size of the Space market reached 1.9 Bn USD, according to the "KSA Space Market 2025" report.

The report aims to reveal the latest developments and growth in local and global Space market sizes, develop the market and enhance its competitiveness , support investors and entrepreneurs in the sector, and highlight promising opportunities in the Space sector.

H.E. CST Governor, Dr. Mohammad bin Saud Altamimi emphasized that the strong support from the wise leadership is accelerating investment, infrastructure development, and enabling national talents.

These efforts contribute to achieving Saudi Vision 2030 goals and establishing a competitive, sustainable Space economy both regionally and internationally.

Altamimi also indicated that the report extends CST’s efforts to enable the Space sector as a new economic driver that strengthens the Kingdom's global position in technology and innovation.

The report serves as a valuable resource for decision-makers, investors, and entrepreneurs to understand future trends and promising growth opportunities in the sector.

It also reviews the rapid growth of the Saudi Space economy, which is expected to reach 31.6 Bn USD in 2035, with a CAGR estimated at 12%, supported by investments in the Space sector infrastructure, at a time when the global Space economy is expected to reach 1.8 T USD in 2035, recording a CAGR of 9%.

The Saudi Space market growth is expected to reach 5.6 Bn USD in 2035, supported by Space technologies, while the size of the global Space market reached 176 Bn USD during 2024, expected to reach 377 Bn USD in 2035.

Notable developments in the local and global space markets are also mentioned, including Earth observation data analysis, infrastructure services, integrated communication systems, as well as advanced sensing systems, and the development of small satellites.

It highlights the sector’s global transformations, such as the private sector entry, increasing demand for satellite-based services, and reignited interest in space exploration.

The report addresses the investment in the Saudi Space sector and developments, as well as notable market areas, such as satellite communications and navigation, rocket manufacturing and launching, and Earth monitoring via satellites.

To view the report: KSA Space Market Report 2025