Trend
Space Tourism
None
About This Trend
Space travel, once a realm exclusive to astronauts and the very wealthy, is increasingly within reach of ordinary people. This trend towards making space travel more inclusive, particularly to suborbital and orbital destinations, is highlighted by events like the 2023 Virgin Galactic tourist flight, which included amother-daughter pairwho won free tickets. Despite these advances, the space tourism industry has not grown as rapidly as anticipated, with issues such asinsurance complexitiesbeing major hindrances.
Trend Updates
Feb. 26, 2024 — Seismic shift in everyday usage
- More people than ever are using this technology and it is now more evident that it will be part of the ongoing landscape...
Feb. 26, 2023 — Federal Regulations spike Demand
- Because of continued interest in this technology and a favorable environment for growth...
Feb. 26, 2021 — Pandemic recalibrates supply
- People are unable to create and devote time to innovating this critical technology now
Trend Category:
Economic Development
Timeframe: Learn and Watch
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APA's foresight research is made possible in part through our partnership with the Lincoln Institute of Land Policy.