Outer space is the area outside the Earth's atmosphere which constitutes other planets and stars. Traditionally the domain of outer space has been entirely controlled by state actors. With coming of Liberalisation, Privatisation and Globalisation, there was a rapid increase in the participation of private and non-state actors in outer space activities. Space related activities and services have been commercialized across various domains such as satellite manufacturing, launching, propulsion technologies and other space-based services.
