Saudi Arabia’s Space Economy to Hit USD 31.6 Billion by 2035

The Communications, Space, and Technology ( CST ) Commission, in cooperation with the International Telecommunication Union (ITU), revealed in the latest Digital and Space Sustainability Report that Saudi Arabia’s space economy is predicted to reach USD 31.6 billion by 2035, driven by the Kingdom’s strategic investments in satellite technologies, digital infrastructure, and space-based services. The forecast aligns closely with the CST’s Saudi Arabia Market Report published in 2025, which projec