Global 5G Satellite Communication

Global 5G Satellite Communication Market Research Report: Forecast (2021-2026)

By Size (Backhaul and Tower Feed, Trunking and Head End Feed, Communication-On-the-Move, Hybrid Multiplay), By Transportation Mode (Geosynchronous Earth Orbit (Large, Heavy, Extra Heavy), Medium Earth Read more

  • ICT & Electronics
  • Jan 2022
  • 232
  • IT88013

Market Definition

5G networks are likely to come around as the first generation of cellular communications that would substantially leverage satellite communications with the advent of technologies like the Internet of Things for applications like tracking, telematics, & navigation, among others. It shall expand the network scalability & seamlessly provide coverage across areas while addressing challenges of existing communication infrastructure.

The 5G Satellite Communication system supports three major categories of connected services. These include better mobile broadband services to support Augmented Reality (AR) & Virtual Reality (VR) experiences that need low latency & high throughput, mission-critical communications that require low latency & uninterrupted network availability for applications like autonomous vehicles, remote controlling critical infrastructure, etc., and exponential IoT installations for anywhere connectivity. Hence, several prominent companies are actively investing in the industry to develop 5G satellite communication networks.

Market Insights

The Global 5G Satellite Communication Market is projected to grow at a CAGR of around 28.91% during the forecast period, i.e., 2021-26. The market is driven primarily by the integration of advanced technologies like the Internet of Things (IoT), Artificial Intelligence (AI) & autonomous technologies into 5G satellite communication in various applications across sectors like defense, government, consumer goods, energy & utility, and many others to provide better connectivity in the current networking infrastructure. 

Besides, since these technologies need a vast & secure network of connections to execute operations effectively without interruptions, the demand for 5G satellite communication is rising substantially. In fact, several prominent leaders & companies are actively taking various initiatives and participating in the market. For instance:

  • Samsung is developing an autonomous driving chip in next-generation self-driving vehicles to offer central control &  autonomous driving experience by exchanging data in real-time through multiple data centers of Google.

Moreover, several prominent players & governments of different countries are displaying a keen interest in the maturity of multiple technologies like IoT, AI, etc., in 5G satellite communication by investing substantially in the market.

Furthermore, extensive deployment of monitoring systems as a part of the Internet of Things (IoT) is expected in the coming years. These systems will be connected to the 5G ecosystem using M2M devices and sensors to offer diverse applications. In some instances, these devices will be connected via satellites with the help of bandwidth & power-efficient terminals.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 28.91%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Russia
Asia-Pacific: China, India, Japan, South Korea
Rest of World
Key Companies Profiled Eutelsat S.A., Airbus S.A.S, Avanti Communications Group PLC, Gilat Satellite Networks, GomSpace A/S, OHB SE, Quortus, SpaceX, The Boeing Company, and the Thales Group
Unit Denominations USD Million/Billion

 

Impact of Covid-19 on the Global 5G Satellite Communication Market

The Covid-19 pandemic in 2020 had a dual impact on the Global 5G Satellite Communication Market. With a rapid surge in Covid-19 cases, the governments of different countries had to impose stringent movement limitations & frequent lockdowns to curb the virus spread. Consequently, the deployment of satellite communication solutions could not take place.

However, on the other hand, most industries dramatically shifted toward working from home, which fueled the demand for continuous network connections and promoted satellite communication services. In fact, some countries used satellite communication technologies for identifying demographics across contagious areas & gathering databases of local geography amidst the crisis.

With the gradual betterment in the situation, the governments swiftly uplifted limitations and allowed the recommencement of business operations. As a result, the deployment activities are likely to revive, with which the global market would regain its usual pace in the coming years.

Global 5G Satellite Communication Market Research Report: Forecast (2021-2026)

Market Segmentation

Based on the End-User:

  • Defense & Government
  • Aviation
  • Transportation & Logistics
  • Consumer Electronics
  • Heavy Industries
  • Energy & Utilities
  • Others like Smart Cities, Banking & Retail, Healthcare, Media & Entertainment

Satellites are used in different applications like real-time navigation, weather forecasting, communications, etc. The soaring demand for communication services with well-established broadband connectivity across remote areas like islands, villages, mountains, & isolated areas, among others, coupled with an accelerating number of mobile users & internet service providers, especially across the Media & Entertainment sector, are fueling the market growth.

On the other hand, the defense & government sector is anticipated to witness significant market growth during 2021-26, owing to the mounting demand for continuous network flow in critical applications like surveillance missions, especially across regions with difficult reachability. Moreover, the growing need to expand the number of satellite development projects initiated by the governments of different countries & strengthen military equipment & national security are other crucial aspects driving the market across the defense & government sector.

Based on the Orbit:

  • Geosynchronous Earth Orbit
  • Medium Earth Orbit
  • Low Earth Orbit
  • Small
  • Mini
  • Pico
  • Nano
  • Micro

Of them all, Nano Satellites acquired the largest market share in recent years & are anticipated to prevail the same trend during the forecast period. It owes principally to the swiftly increasing number of research & development initiatives by the governments of different countries worldwide. Additionally, the growing advent of these satellites is primarily to create redundancies, provide additional backhaul, and deliver better network connectivity across remote & rural areas.

Besides, the adoption of Nanosatellites & Microsatellites is substantially surging across sectors like civil, defense & government, energy & utilities, commercial, etc., for multiple low-cost space missions like earth observation, geolocation, signal monitoring, & communications. Moreover, rapid technological advancements in the optics & communicating capabilities of smaller spacecraft for remote sensing & imaging applications are further boosting the demand for nanosatellites.

Regional Landscape

Geographically, the Global 5G Satellite Communication Network Market expands across:

  • North America
  • Europe
  • Asia-Pacific

Of them all, North America is anticipated to attain a significant market share during the forecast period. It owes principally to the rising demand for an uninterrupted & continuous flow communication network, especially in the defense sector of the US, to strengthen connectivity & equipment and establish high-throughput satellite services. In addition, the military segment is also propelling the demand for these communication networks based on the cloud to enhance ground mobility activities.

Besides, several governments in North America are making significant efforts to produce new networking & navigation systems, which shall further fuel the regional market growth in the coming years. Moreover, the vast coastal area of the region significantly propels the need for an untapped communication network for surveillance & monitoring activities, coupled with increasing commercial activities & trade, infusing the demand for maritime safety & surveillance, thereby driving the market.

On the other hand, Asia-Pacific is anticipated to create growth opportunities for the leading market players during 2021-26. It owes to the increasing adoption of 5G satellite communication in the region to bring a revolution for higher speed & low latency broadbands and devise a platform with widespread access to digital services like e-health.

Besides, the rising setup for satellite antennas owing to the mounting demand for networks for telecommunications, IT, and aviation industries is also anticipated to drive the Asia-Pacific market in the coming years.

Nonetheless, Europe is anticipated to demonstrate significant market growth in the coming years due to its rising focus on smart city & infrastructure developments. Additionally, the swiftly escalating adoption of satellite communication with 5G technology across industries like civil & defense is another crucial aspect projected to drive the Europe 5G Satellite Communication Market in the years to come.

Recent Developments by Leading Companies

  • In July 2021, Thales Alenia Space incorporated with Leonardo and partnered with Hellas Sat to perform a 5G demonstration to provide a 5G network to remote areas in Greece & Cyprus.
  • The same year, in June, the leader & Telespazio signed a contract with the Italian Ministry of Defense to develop the SICRAL 3 secure satellite communications system.
  • In February 2021, market leader Airbus gave a contract to Viasat, Inc. to upgrade the ultra-high frequency Satellite Communications (SATCOM) Network Control Stations (NCS) that could deliver Ultra High-Frequency Skynet capabilities to the defense ministry of the UK.

Market Dynamics:

Key Driver: Increasing Inclination of Aviation Sector on 5G Satellite Communication

The swiftly escalating adoption of the Internet of Things (IoT) in the aviation industry in applications like real-time data exchange across processing units for optimizing operation in the sector is anticipated to drive the Global 5G Satellite Communication Market during 2021-26. 5G Satellite Communications technologies are likely to present faster data exchange & reduce the overall process time, thereby gaining significant momentum across the aviation sector.

Possible Restraint: Escalating Cybersecurity Concerns 

In recent years, satellite communication technology has been viewed as a new phenomenon for communication, displaying more vulnerabilities to cyberattacks & threats. These mission-critical vulnerabilities can include hindrance in activities like launch systems, tracking, surveillance, & national security, among others, which might challenge its deployment in the coming years. 

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the Global 5G Satellite Communication Market are Eutelsat S.A., Airbus S.A.S, Avanti Communications Group PLC, Gilat Satellite Networks, GomSpace A/S, OHB SE, Quortus, SpaceX, The Boeing Company, and the Thales Group.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global 5G Satellite Communication Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global 5G Satellite Communication Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global 5G Satellite Communication Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global 5G Satellite Communication Market study?

Market Outlook, Segmentation, and Statistics

  • Impact of COVID-19 on Global 5G Satellite Communication Market
  • Market Size & Analysis
    • By Revenue
  • Market Share & Analysis
    • By Solutions
      • Backhaul and Tower Feed
      • Trunking and Head End Feed
      • Communication-On-the-Move
      • Hybrid Multiplay
    • By Orbit
      • Geosynchronous Earth Orbit (Large, Heavy, Extra Heavy)
      • Medium Earth Orbit (Medium, Intermediate)
      • Low Earth Orbit (Small, Mini, Pico, Nano, Micro)
      • Others
    • By End Users
      • Defense & Government
      • Aviation
      • Transportation & Logistics
      • Consumer Electronics
      • Heavy Industries (Construction & Mining)
      • Energy & Utilities (Oil & Gas, Utilities (Smart Grid))
      • Others (Smart Cities, Banking & Retail, Healthcare, Media & Entertainment)
    • By Region
      • North America 
        • The US
        • Canada
      • South America
        • Brazil 
      • Europe 
        • The UK 
        • Germany 
        • France 
      • Asia-Pacific
        • China
        • South Korea 
        • Japan
      • The Middle East & Africa 
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • Global 5G Satellite Communication Market Hotspots & Opportunities
  • Global 5G Satellite Communication Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Company Profile

Frequently Asked Questions

A. The Global 5G Satellite Communication Market is projected to grow at a CAGR of around 28.91% during 2021-26.

A. Nanosatellites are anticipated to emerge as an area of remunerative opportunities for the leading players in the Global 5G Satellite Communication Market during the forecast period.

A. The aviation industry is anticipated to drive the market owing to the swiftly escalating adoption of the Internet of Things (IoT) in applications like real-time data exchange across processing units to enhance operations.

A. The market is projected to observe swift revival in the coming years owing to the recommencement of operations associated with the deployment of satellites post the Covid-19 pandemic.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on 5G Satellite Communication Market
  5. Global 5G Satellite Communication Evolution
  6. Global 5G Satellite Communication Technology Timeline
  7. Global 5G Satellite Communication Roll out Models & Roll Out Timeline
  8. Global 5G Satellite Communication Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  9. Global 5G Satellite Communication Opportunity & Hotspots
  10. Global 5G Satellite Communication Value Chain Analysis
  11. Global 5G Satellite Communication Trends & Insights
  12. Global 5G Satellite Communication Policies and Regulatory Landscape
  13. Global 5G Satellite Communication Technology Intellectual Property Rights Analysis
  14. Global 5G Satellite Communication Market Outlook
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Solutions
        1. Backhaul and Tower Feed
        2. Trunking and Head End Feed
        3. Communication-On-the-Move
        4. Hybrid Multiplay
      2. By Orbit
        1. Geosynchronous Earth Orbit (Large, Heavy, Extra Heavy)
        2. Medium Earth Orbit (Medium,Intermediate)
        3. Low Earth Orbit (Small, Mini, Pico, Nano, Micro)
        4. Others
      3. By End Users
        1. Defense & Government
        2. Aviation
        3. Transportation & Logistics
        4. Consumer Electronics
        5. Heavy Industries (Construction & Mining)
        6. Energy & Utilities (Oil & Gas, Utilities (Smart Grid))
        7. Others (Smart Cities, Banking & Retail, Healthcare, Media & Entertainment)
      4. By Region
        1. Asia-Pacific
        2. North America
        3. Europe
        4. Rest-of-the-World
      5. By Competition
        1. Key Alliances
  15. North America 5G Satellite Communication Market Outlook
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Country
        1. The US
        2. Canada
        3. Mexico
  16. Europe 5G Satellite Communication Market Outlook
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Country
        1. The UK
        2. Germany
        3. France
        4. Russia
        5. Rest of Europe
  17. Asia Pacific 5G Satellite Communication Market Outlook
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Country
        1. China
        2. Japan
        3. South Korea
        4. India
        5. Rest of Asia Pacific
  18. Company Profiles
    1. Airbus SAS
    2. Avanti Communication Group PLC
    3. Eutelsat SA
    4. Gomspace A/S
    5. Gilat Satellite Networks
    6. Quortus
    7. OHB SE
    8. Space Exploration Technologies Corporation
    9. The Boeing Company
    10. Thales Group
    11. Others
  19. Disclaimer
Global 5G Satellite Communication Market Segmentation