Delays and high costs impede the growth of the beyond-Earth space travel and tourism market

Launch service providers and brokers in the beyond-Earth space travel and tourism market must focus on building technological reliability, ensuring crew safety, optimising operational costs and aligning service offerings to cater to both tourism missions and traditional scientific missions in order to unlock revenue growth.

High-net-worth individuals (HNIs) remain the key customers in the beyond-Earth space travel and tourism market. Players aim to provide these customers with an extraordinary experience but have faced persistent delays, thus reducing the overall revenue opportunity. Analysys Mason’s Space travel and tourism: trends and forecasts 2024–2034 shows that we expect 64 passengers to take part in a beyond-Earth mission between 2024 and 2034, generating USD6.8 billion in cumulative revenue.