The 5G satellite communication market will grow from USD 2.396 billion in 2025 to USD 14.242 billion in 2030 at a CAGR of 42.83%.
The demand for high-speed connectivity across various applications is witnessing significant growth in major regions, which has bolstered the establishment of 5G networks. Governments are investing in 5G network expansion, which is anticipated to drive the usage of associated satellite & communication systems. For instance, in January 2022, Germany and France announced a joint investment of €17.7 million that would strengthen Europe’s private network in 5G telecommunication. Furthermore, rapid urbanization has increased smartphone penetration, thereby further driving 5G demand, bolstering 5G satellite technologies.
Moreover, the growing emphasis on improving mobile communications, broadcasting, and business data networks has elevated the level of commercial satellite deployment. For instance, according to the Satellite Industry Association's 27th annual SSIR (State of Satellite Industry Report), in 2023, nearly 2,781 commercial satellite deployments took place, which showcased 20% over the previous year. Such positive growth, coupled with ongoing 5G penetration, has provided new growth aspects for 5G satellite technologies.
Additionally, strategic collaboration among telecom operators and satellite vendors regarding 5G NTN (Non-Terrestrial Network) is taking place, for instance, according to the GSA’s “Non-Terrestrial 5G Network and Satellite Connectivity”, by the end of March 2024 nearly 77 publicly announced partnership between satellite vendors and operators took place in 44 countries of which 5G NTN accounted for 57%.
Based on end-user, the 5G satellite communication market is analyzed into defense, government, commercial, consumer, and others, where government and commercial are poised to show significant growth fueled by the favorable investments in satellite communication solutions to address the growing regional demand for high-speed bandwidth at low latency connectivity.
Moreover, given the ongoing shift towards 5G technology, the media and entertainment, among other commercial sectors, are initiating strategies such as collaborating with major 5G vendors to expand their network coverage and broadcasting, especially in rural areas, owing to which usage of satellite technologies is expected to pick up pace.
Additional factors, such as efforts to improve seamless connectivity for diverse industrial applications, followed by the implementation of initiatives such as “Industry 4.0,” have paved the way for future market expansion.
For instance,
The global 5G satellite communication market consists of major countries undertaking steps to secure their 5G network. China is expected to witness a higher CAGR during the forecasted period. In addition, a few of the major countries include the USA, Japan, South Korea, the United Kingdom, and Germany. Some important developments are listed below:
Some of the leading players in the market include SES S.A., Omnispace LLC, and ND Satcom, among others. The product offerings of the major corporation include the following:
|
COMPANY NAME |
PRODUCT NAME |
DESCRIPTION |
|
SES S.A. |
Mobile Backhaul mPOWERED |
SES S.A’s “Mobile Backhaul mPowered” services provide 5G-ready aggregation and tower backhaul connections that assist in delivering uncontended bandwidth up to multigigabit per second. |
|
ND Satcom |
SKYWAN 5G |
ND Satcom’s “SKYWAN” 5G satellite IP router features MF-TDMA, DVB S-2 receiver, and one SCPC. The product is suitable for applications such as air traffic control networks, defense, cellular backhaul & mesh interconnection of cells, disaster recovery, and private enterprise networks |
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| 5G Satellite Communication Market Size in 2025 | US$2.396 billion |
| 5G Satellite Communication Market Size in 2030 | US$14.242 billion |
| Growth Rate | CAGR of 42.83% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the 5G Satellite Communication Market |
|
| Customization Scope | Free report customization with purchase |
5G Satellite Communication Market Segmentation: