The space sector is both inspiring and complex; it is driven by macro-level dynamics that go beyond simple market forces. Realising the potential from space requires consideration of the whole value chain including the use of information, services and applications that are derived from space.
Globally the space sector has been attracting record levels of public and private investment, and is poised to play a key role in solving some of the world's most important problems - including fighting climate change, enabling safe and efficient autonomous mobility, underpinning security and bringing internet connectivity to the unconnected.
With the launch of the UK’s first National Space Strategy in September 2021, the UK has laid out ambitious plans to put the UK “firmly in the front rank of the global space industry”. The sector already has a vital role in our daily lives and economy, is worth over £16.4bn per year and employs more than 45,000 people.
PwC brings its diverse capabilities to support and collaborate with clients across the public and private sectors, drawing from the expertise of our specialist space team in the UK as well as from our global network of space practitioners across the US, France, Germany, Luxembourg, Italy, India, Japan, the Middle East and Australia.