5G satellite networks to generate $17bn for operators

This will be from 3GPP (Third-generation Partnership Project)-compliant networks, between 2024 and 2030, according to the report, Global 5G Satellite Networks Market 2023-2030.

Predicting the first commercial launch of a 5G satellite network next year, it anticipates 110 million 5G satellite connections in operation by 2030.

As well as urging operators to prioritise partnerships with SNOs (satellite network operators) that can launch GSO (Geostationary Orbit) satellites, it suggests operators must use pre-existing billing relationships with mobile subscribers and enterprises as a platform to grow 5G satellite connectivity revenue. Such a billing relationship, the report anticipates, will integrate satellite services into existing terrestrial networks, enabling operators to drive adoption of satellite connectivity.

According to Juniper, operators will also increasingly rely on SNOs for service provision as 6G development accelerates.

“Operators must not only think of 5G satellite services when choosing an SNO partner, but also the forward plan for 6G networks, including coverage and throughput capabilities,” writes Sam Barker, the vp of telecoms market research at Juniper Research, and author of the report.

By 2030, it sees the average revenue per 5G satellite connection as being $7.98.

The paid-for report can be found here.

A free sample – a report 5G Satellite Networks: The $17bn Operator Opportunity – is available here. It assesses the market for 3GPP-compliant 5G satellite services and provides seven-year forecasts for the number of connections, operator-billed revenue and data generated by 5G satellite services (across Mobile, IoT and 5G mobile subscriptions).

See also: SatixFy demonstrates 5G link through LEO satellite constellation