Satellite-based 5G Network Market - Top Companies and Manufacturers

Companies Dominating the Satellite-based 5G Network Landscape

The global satellite-based 5G network landscape is poised for rapid growth during the forecast period. The sector is witnessing global players partnering with local telecommunications companies to integrate satellite-based 5G network services.

Here are some key players in the market:

Eutelsat
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
EchoStar Corporation
Thales
SES
Iridium Communications
ZTE
Viasat Inc.
SpaceX
Amazon
Astrocast
Inmarsat
Telesat
Lockheed Martin
Honeywell
Qualcomm Technologies
OQ Technology

Browse Key Market Insights with Data Illustration:

Satellite-based 5G Network Market Size & Share, Growth Analysis 2037

In the News

In June 2024, the Pentagon extended contract with SpaceX for Starlink usage in Russia. The USD 14.1 million worth contract will be valid till November 2024.
In May 2023, Honeywell introduced a new small Satcom system, i.e., Versawave with 5G for advanced air mobility market. Versawave with 5G will enable vehicle command, data transfer, and video streaming.
In June 2023, Vodafone and SpaceMobile completed world’s first space-based 5G call using a conventional smartphone. AST Space Mobile broke its previous space-based cellular broadband data session by achieving a download rate of almost 14 Mbps.
In July 2022, Ericsson and Thales, announce plans to leverage a network of Earth-orbiting satellites to use 5G non-terrestrial networks (5G NTN). The collaboration is poised to boost the connectivity of 5G in remote areas where terrestrial coverage is lacking.

Frequently Asked Questions (FAQ)

The satellite-based 5G network market is valued at USD 769.2 million in 2024 and is poised to attain a profitable CAGR of 51.2% during the forecast period, i.e., 2025-2037. In 2025, the market's valuation is projected to reach USD 773.1 million.

The satellite-based 5G network market registered a valuation of USD 769.2 million in 2024 and is projected to register a double digit CAGR of 51.2% during the forecast period, i.e., 2025-2037 and attain USD 822.0 million in 2037.

The major players in the market are Eutelsat, EchoStar Corporation, Thales, SES, Iridium Communications, ZTE, Viasat Inc., Telesat, Inmarsat, and others.

The low earth orbit (LEO) satellite segment attained a 43.7% revenue share in 2024 and dominated the market share. The segment is poised to increase its revenue share by the end of the forecast period.

North America had the largest market share in 2024 with a 36.4% revenue share due to supportive regulatory ecosystem and innovations in non-terrestrial connectivity solutions.

Satellite-based 5G Network Market - Top Companies and Manufacturers

Companies Dominating the Satellite-based 5G Network Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the satellite-based 5G network market?

What is the outlook for the satellite-based 5G network market?

Who are the major players dominating the satellite-based 5G network market?

Which product segment will capture the significant market share for the satellite-based 5G network market sector by 2037?

Which region will provide more business opportunities for the growth of the satellite-based 5G network market in the future?