Space Law and Governance Market Report 2025

The space law and governance market size has grown strongly in recent years. It will grow from $5.01 billion in 2024 to $5.45 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth during the historical period was driven by intensified strategic rivalries in space, a rise in satellite launch activities, increased concerns about space weaponization, escalating issues related to space debris, expanded use of remote sensing satellites, and the emergence of more spacefaring countries.

The space law and governance market size is expected to see strong growth in the next few years. It will grow to $7.55 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth during the forecast period is driven by the expanding commercialization of space, a rise in human spaceflight and tourism, increased investments in lunar and planetary missions, growing demand for space resource mining, and an elevated risk of space traffic congestion and collisions. Key trends expected in the forecast period involve the creation of international space liability norms, the establishment of governance for lunar and celestial resources, the merging of civil and commercial space governance, advancements in dispute resolution mechanisms, and the development of legal frameworks for space-based military operations.

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 players 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 2024. The regions covered in space law and governance report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space law and governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the professional services sector, particularly in legal, consulting, architectural, and engineering domains. Higher costs for imported technology, software licenses, office equipment, and digital infrastructure have raised operational expenses for firms reliant on global tools and platforms. International consulting projects are facing delays or cost overruns due to increased travel expenses and restricted access to foreign-sourced data and tools. Additionally, clients in manufacturing, construction, and logistics, heavily affected by tariffs are cutting back on outsourced services, squeezing demand for professional expertise. As a result, service providers are reevaluating pricing structures, expanding domestic supplier relationships, and investing in AI-driven solutions to sustain profitability and client engagement amid economic uncertainty.

Space law and governance comprise the set of international and domestic laws, principles, and agreements that regulate activities conducted in outer space. These regulations oversee the use, exploration, and utilization of space to maintain peaceful objectives, prevent disputes, and foster international collaboration. The primary aim is to create a structured legal framework that protects shared interests and allocates duties related to space endeavors.

The primary components of space law and governance include software and services. This software involves digital applications designed to assist with legal compliance, contract oversight, risk management, policy review, and secure handling of documents concerning space activities. These solutions are used across commercial, governmental, and military sectors by a diverse group of users, such as space agencies, private aerospace companies, legal professionals, and research institutions.

The space law and governance market research report is one of a series of new reports that provides space law and governance market statistics, including space law and governance industry global market size, regional shares, competitors with a space law and governance market share, detailed space law and governance market segments, market trends and opportunities, and any further data you may need to thrive in the space law and governance industry. The space law and governance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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