Government Spending on Space 2025

"Multi-year space investments signal rising government prioritisation of sovereign access and resilience."

This report describes how government civil, defence and beyond-Earth activities are funded and analyses the size, direction and distribution of budgets across programmes and missions. Understanding where and how public spending is allocated is critical to identifying emerging opportunities across the value chain.

The report also provides strategic guidance for actors across the space industry (including infrastructure developers, technology suppliers, integrators and service providers) that seek to engage with government-funded initiatives. It draws on Analysys Mason's proprietary research into the government budgets, programme pipelines and public-private partnerships that are shaping infrastructure and capability development worldwide.

Questions answered in this report

• Which nation states are investing in space capabilities?
• What are the driving forces behind government spend in space?
• What are the main focus areas for sovereign space interests and how are governments pursuing them?
• What are the trends across civil, defence and beyond-Earth-orbit activities in space? What does this say about the economic and geopolitical conditions that spacefaring nations encountered in 2025?

Geographical coverage

• North America (NAM) - 2 countries
• Latin America (LAM) - 11 countries
• Europe (EUR) - 35 countries
• Middle East and Africa (MEA) - 29 countries
• Asia-Pacific (ASIA) - 10 countries

Who should read this report

• Nation-state space strategists and policy makers
• Investors and financial analysts
• Government and military contractors, integrators and their respective executive teams
• Military procurement departments worldwide
• Commercial space suppliers or service providers catering to governments and militaries