5G from Space Market - Top Companies and Manufacturers

  • Report ID: 6504
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Companies Dominating the 5G From Space Landscape

    The 5G from space market is highly competitive, with several key players driving innovative ideas and technological advancements to capture a large share. Key companies in the market include Lockheed Martin, Airbus Defence and Space, Boeing, Thales Alenia Space, and Northrop Grumman. These companies are significantly investing in satellite technology and 5G infrastructure to provide greater connectivity even to the most unreachable parts of the world.

    Moreover, several telecom providers and aerospace companies are partnering or collaborating to accelerate the deployment of 5G from space solutions. The launch of 5G satellites by companies represents a fundamental step to achieving global 5G coverage and illustrates the efforts put in by various players to deploy new solutions versatile enough to meet the rising demand for satellite-based 5G services.

    Here are some leading players in the market:

    • Lockheed Martin
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Boeing
    • Thales Alenia Space
    • Airbus Defence and Space
    • Northrop Grumman

Browse Key Market Insights with Data Illustration:

In the News

  • In March 2024, Vodafone and Ericsson announced their collaboration to deploy compact 5G antennas across Germany. These smaller, more efficient antennas are engineered to boost 5G coverage and capacity in high-demand urban areas. The partnership aims to enhance Germany's existing 5G infrastructure, providing faster and more reliable connections in densely populated regions.
  • In January 2024, SpaceX launched a new batch of Starlink satellites designed to provide 5G direct-to-cell connectivity. This upgrade allows the satellites to link directly with mobile phones, enabling enhanced internet and communication services without relying on ground infrastructure. The new technology marks a significant step toward global satellite-based mobile communications.

Author Credits:  Abhishek Verma


  • Report ID: 6504
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The 5G from space market size is USD 588 million in 2024.

The global 5G from space market size is valued at US 588 million in 2024 and is anticipated to surpass USD 66,106 million by the end of 2037, rising at a CAGR of 43.8% over the forecast period, i.e., 2025-2037.

Key players in the market include Lockheed Martin, Airbus Defence and Space, Boeing, Thales Alenia Space, and Northrop Grumman.

The hardware segment is expected to hold a dominating share during the forecast period.

North America is anticipated to dominate the industry with a share of 32.5% during the forecast period.
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