ST/ Astronomers spot 18 black holes gobbling up nearby stars

The global smart space market size is projected to grow from USD 9.4 billion in 2020 to USD 15.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. The increasing venture capital funding and growing investments in smart space technology to drive market growth.

Analysts at Morgan Stanley and Goldman Sachs have predicted that economic activity in space will become a multi-trillion-dollar market in the coming decades. Morgan Stanley’s Space Team estimates that the roughly USD 350 billion global space industry could surge to over USD 1 trillion by 2040.

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Tags: nearby Stars