5G Satellite Communication Market, By Orbits (LEO, MEO, and GEO), By Spectrum (L and S Band, C and X Band, and Ku and Ka Band), By End-user (Defense & Government, Transportation & Logistics, Aviation, Consumer Electronics, Heavy Industries, and Energy & Utilities), By Satellite Solutions (Backhaul and Tower Feed, Trunking and Head End Feed, Communication-On-The-Move, and Hybrid Multiplay), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029.

Report Code: PMI429120 | Publish Date: May 2023 | No. of Pages: 140

Global 5G Satellite Communication Market Overview

The 5G satellite communication market has expanded its importance widespread, due to the emergence of 5G satellite communication services for IoT. Growing data traffic across various business sectors and increasing demand for higher bandwidth along with congestion in networks, are some of the factors validating the need for network evolution. Additionally, rapid technological advancements in 5G satellite services in industries across the globe are projected to boost the global market.

Global 5G Satellite Communication Market Dynamics

Rise in number of IoT devices and acceptance of edge computing

Edge computing provides real-time analysis with faster response times while improving overall performance and reliability. Edge computing permits large volumes of data to be processed close to the data source. Further, edge computing helps reduce security concerns and privacy. The data produced by these Edge computing devices is also witnessing exponential growth. Growth in amounts of data generated by IoT devices and increasing demand for edge computing are projected to propel the demand for higher data speeds. 5G technologies are expected to help deliver unmatched data speeds while improving real-time data processing capabilities and enhancing the overall user experience. 5G communication is projected to work 1000 times faster than 4G while bringing down device reaction times to milliseconds.

However, issues related to the spectrum allocation and backhaul connectivity are some of the factor that are limiting growth of the target market.

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Global 5G Satellite Communication Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global 5G satellite communication market is segmented based on orbits, spectrum, end-user, satellite solutions, and region.

On the basis of orbits, the global 5G satellite communication market is segmented into LEO, MEO and GEO. On the basis of spectrum, the target market is classified into L and S band, C and X band, and Ku and Ka band. Based on end-user, the target market is classified into defense & government, transportation & logistics, aviation, consumer electronics, heavy industries, and energy & utilities. On the basis of satellite solutions, the target market is classified into backhaul and tower feed, trunking and head end feed, communication-on-the-move, and hybrid multiplay.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global 5G satellite communication market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific accounted for the highest revenue share in the market in 2018, owing to presence of large number of companies supplying 5G satellite communication. Korea, Japan, and China in this region are the key countries from where demand is being generated, and majority of the players are located. However, the North American region estimates for second largest share of the global market and is projected to provide substantial market potential for the 5G satellite communication market. North America has swiftly formed a strong base5G satellite communication market, due to being a quick adopter of technological advancements. Increase in demand for advanced technologies such as machine-to-machine communication, artificialintelligence, and connected cars will offer huge opportunities for the development of the 5G satellite communication market in North America.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Orbits - LEO, MEO and GEO

By Spectrum- L and S Band, C and X Band, and Ku and Ka Band

By End-user - Defense & Government, Transportation & Logistics, Aviation, Consumer Electronics, Heavy Industries, and Energy & Utilities

By Satellite Solutions - Backhaul and Tower Feed, Trunking and Head End Feed, Communication-On-The-Move, and Hybrid Multiplay

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global 5G satellite communication market report based on orbits, spectrum, end-user, satellite solutions, and region.

Global 5G Satellite Communication Market, By Orbits:

  • LEO
  • MEO
  • GEO

Global 5G Satellite Communication Market, By Spectrum:

  • L and S Band
  • C and X Band
  • Ku and Ka Band

Global 5G Satellite Communication Market, By End-user:

  • Defense & Government
  • Transportation & Logistics
  • Aviation
  • Consumer Electronics
  • Heavy Industries
  • Energy & Utilities

Global 5G Satellite Communication Market, By Satellite Solutions:

  • Backhaul and Tower Feed
  • Trunking and Head End Feed
  • Communication-On-The-Move
  • Hybrid Multiplay

Global 5G Satellite Communication Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global 5G Satellite Communication Market Key Players

The key players operating the global 5G satellite communication market includes Airbus S.A.S, Eutelsat S.A., Avanti Communications Group PLC, Gomspace A/S, Gilat Satellite Networks, OHB SE, Space X, Quortus, The Boeing Company, and the Thales Group.

Global 5G Satellite Communication Market Company Profile

  • Airbus S.A.S
    • Company Overview
    • Product Orbits Portfolio
    • Key Highlights
    • Financial PerRaw Materialance
    • Business Strategies
  • Eutelsat S.A.
  • Avanti Communications Group PLC
  • Gomspace A/S
  • Gilat Satellite Networks
  • OHB SE
  • Space X
  • Quortus
  • The Boeing Company
  • The Thales Group

“*” marked represents similar segmentation in other categories in the respective section

Global 5G Satellite Communication Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for 5G Satellite Communication Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Orbits
      • Market Snippet, By Spectrum
      • Market Snippet, By End-user
      • Market Snippet, By Satellite Solutions
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global 5G Satellite Communication Market, By Orbits, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • LEO
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • MEO
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • GEO
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global 5G Satellite Communication Market, By Spectrum, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • L and S Band
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • C and X Band
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • C and X Band
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global 5G Satellite Communication Market, By End-user, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Defense & Government
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Transportation & Logistics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Aviation
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Consumer Electronics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Heavy Industries
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Energy & Utilities
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  8. Global 5G Satellite Communication Market, By Satellite Solutions, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Backhaul and Tower Feed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Trunking and Head End Feed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Communication-On-The-Move
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Hybrid Multiplay
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  9. Global 5G Satellite Communication Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Orbits, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Spectrum, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Satellite Solutions, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Orbits, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Spectrum, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Satellite Solutions, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Orbits, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Spectrum, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Satellite Solutions, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Orbits, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Spectrum, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Satellite Solutions, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Orbits, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Spectrum, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Satellite Solutions, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Airbus S.A.S
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Eutelsat S.A.
      • Avanti Communications Group PLC
      • Gomspace A/S
      • Gilat Satellite Networks
      • OHB SE
      • Space X
      • Quortus
      • The Boeing Company
      • The Thales Group
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The 5G Satellite Communication Market accounted for US$ 2.8 billion in 2022 and is estimated to be US$ 7.7 billion by 2032 and is anticipated to register a CAGR of 10.0%.

The 5G Satellite Communication Market is segmented into orbits, spectrum, end-user, satellite solutions, and region.

Increasing demand for high-speed, reliable connectivity, emphasis on global coverage, and the adoption of 5G technology for satellite communication drive the growth of the 5G satellite communication market globally.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, Airbus S.A.S, Eutelsat S.A., Avanti Communications Group PLC, Gomspace A/S, Gilat Satellite Networks, OHB SE, Space X, Quortus, The Boeing Company, and the Thales Group, and others.