Space Law and Governance Market Report 2026

The space law and governance market size has grown strongly in recent years. It will grow from $5.45 billion in 2025 to $5.92 billion in 2026 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to expansion of satellite deployment activities, growth of national space programs, establishment of international space treaties, rise of commercial space launches, increasing need for regulatory clarity.

The space law and governance market size is expected to see strong growth in the next few years. It will grow to $8.18 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing commercialization of space activities, rising focus on orbital sustainability, expansion of private space investments, growing adoption of digital compliance platforms, increasing international coordination on space governance. Major trends in the forecast period include increasing demand for satellite licensing frameworks, rising focus on space traffic management regulations, growing adoption of compliance automation tools, expansion of national space governance policies, enhanced emphasis on liability and risk management.

The growth of the space law and governance market is expected to be driven by increasing space exploration activities. Space exploration involves scientific research, technological progress, and commercial ventures beyond Earth through missions and space-based operations. The rise in space exploration is largely due to growing demand for advanced communication and Earth observation satellites, which facilitate global connectivity, environmental monitoring, and improved security. Space law and governance provide legal frameworks and regulatory clarity that ensure responsible behavior in outer space. They promote international collaboration and help reduce risks by guiding nations and companies to plan compliant and secure missions. For example, Novaspace, a France-based space governance provider, reported that government spending on space exploration reached $27 billion in 2024 and is expected to increase to nearly $31 billion by 2034. This trend is boosting the space law and governance market.

Leading companies in the space law and governance market are concentrating on developing innovative tools, such as regulatory compliance software, to simplify legal adherence for satellite and international space operations. Regulatory compliance software assists organizations in monitoring, managing, and ensuring compliance with relevant laws, regulations, and industry standards. In June 2024, Aegis Space Law, a U.S.-based legal services firm, introduced the Space Regulatory Calculator. This software helps space startups by asking straightforward questions to identify the U.S. government agencies responsible for overseeing their planned activities, estimates timelines, and suggests compliance budgets. It covers regulations from at least five major agencies: FAA, NOAA, FCC, Department of State, and Department of Commerce. The tool supports companies in avoiding compliance errors and preparing effectively for regulatory requirements. It is available for free and is regularly updated.

In April 2025, the United Nations Office for Outer Space Affairs (UNOOSA), an Austria-based governmental organization, joined forces with Singapore’s Office for Space Technology and Industry under the “Space Law for New Space Actors” initiative. This collaboration aims to assist emerging space nations by offering legal guidance, capacity building, and policy frameworks to enable responsible participation in space activities in accordance with international space law. The Office for Space Technology and Industry is a Singapore government agency that supports space law and governance through policy development and regulatory alignment with global standards.

Major Companies operating in the space law and governance market are Dentons, DLA Piper LLP, White & Case LLP, Greenberg Traurig LLP, Norton Rose Fulbright LLP, Cooley LLP, Holland And Knight LLP, Perkins Coie LLP, Squire Patton Boggs (US) LLP, Milbank LLP, K&L Gates LLP, Latham & Watkins Limited, Akin Gump Strauss Hauer And Feld LLP, Wiley Rein Limited Liability Partnership, Aird and Berlis LLP, Hogan Lovells, Aegis Space Law, Sheppard Mullin Richter and Hampton LLP, Novaspace, Schroeder Law PLLC

North America was the largest region in the space law and governance market in 2025. The regions covered in the space law and governance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the space law and governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The space law and governance market includes revenues earned by entities through legal advisory services for space missions, space policy and regulatory consulting, liability and risk management services, treaty negotiation, dispute resolution, licensing assistance, and risk management related to national and international space activities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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