5G From Space Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global 5G from space market size is poised to witness over 44% CAGR between 2024 and 2032 led by advancements in satellite technology and the surging demand for ubiquitous, high-speed connectivity.

The revolutionizing deployment of low Earth orbit (LEO) satellites, known for their low-latency communication and global coverage, is reshaping the extension and integration of 5G networks. These LEO satellites effectively bridge connectivity gaps in remote and underserved areas, bolstering the wider adoption of 5G services. For instance, in June 2024, Exolaunch teamed up with Spain's Sateliot, recognized for its pioneering LEO 5G NB-IoT satellite constellation, to offer both launch and deployment services.

The escalating demand for high-bandwidth and low-latency communications crucial for applications like Internet of Things (IoT) devices, autonomous vehicles, and smart cities also fuels the appetite for 5G from space solutions. The ability of satellite-based 5G networks to deliver seamless connectivity in both urban and rural settings further enhances their appeal to service providers and tech firms.

The overall industry is segmented into component, frequency band, orbit type, end-use, application, and region.

Based on component, the 5G from space market size from the hardware segment is anticipated to witness growth through 2032 due to its critical role in enabling the infrastructure necessary for satellite-based 5G networks. Advanced satellite communication hardware, including high-performance antennas, transceivers, and ground stations, is essential for establishing reliable and high-speed links between satellites and terrestrial networks.

5G from space market value from the enhanced mobile broadband (eMBB) application segment is predicted to record notable gains up to 2032 driven by the rising demand for higher data speeds and expanded network coverage. eMBB applications, such as high-definition video streaming, virtual reality, and augmented reality, require substantial bandwidth and low latency to function effectively, thus, adding to the segment growth.

Asia Pacific 5G from space industry size will grow significantly through 2032 attributed to the rapid urbanization and technological advancements in the region. The investments in satellite infrastructure and supportive government policies aimed at expanding digital infrastructure have considerably soared. The deployment of low Earth orbit (LEO) satellites facilitates comprehensive coverage, including remote and rural areas, further fueling regional market growth.

Product Code: 10420

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing demand for high-speed connectivity
  - 3.8.1.2 Advancements in satellite technology
  - 3.8.1.3 Growing adoption of IoT devices
  - 3.8.1.4 Support for remote and emergency communications
  - 3.8.1.5 Regulatory support and government initiatives
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 High deployment costs
  - 3.8.2.2 Regulatory and licensing hurdles
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Component, 2021 - 2032 (USD million)

5.1 Key trends
5.2 Hardware
5.3 Services
5.4 Software

Chapter 6 Market Estimates and Forecast, By Frequency Band, 2021 - 2032 (USD million)

6.1 Key trends
6.2 L-band
6.3 S-band
6.4 C-band
6.5 Ka-band

Chapter 7 Market Estimates and Forecast, By End Use, 2021 - 2032 (USD million)

7.1 Key trends
7.2 Consumer
7.3 Enterprise
7.4 Government and military
7.5 Aviation
7.6 Transportation and logistics
7.7 Others

Chapter 8 Market Estimates and Forecast, By Orbit Type, 2021 - 2032 (USD million)

8.1 Key trends
8.2 Low earth orbit (LEO)
8.3 Medium earth orbit (MEO)
8.4 Geostationary earth orbit (GEO)

Chapter 9 Market Estimates and Forecast, By Application, 2021 - 2032 (USD million)

9.1 Key trends
9.2 Enhanced mobile broadband (eMBB)
9.3 Ultra-Reliable low latency communications (URLLC)
9.4 Massive machine type communications (mMTC)
9.5 Fixed wireless access (FWA)

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 (USD million)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 South Africa
- 10.6.3 Saudi Arabia
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 SpaceX (Starlink)
11.2 OneWeb
11.3 Amazon (Project Kuiper)
11.4 Telesat
11.5 SES
11.6 Intelsat
11.7 Viasat
11.8 Eutelsat
11.9 Iridium Communications
11.10 Globalstar
11.11 AST SpaceMobile
11.12 Lynk Global
11.13 Omnispace
11.14 Sateliot
11.15 Kepler Communications
11.16 Lockheed Martin
11.17 Boeing
11.18 Thales Alenia Space
11.19 Airbus Defence and Space
11.20 Northrop Grumman
11.21 Hughes Network Systems
11.22 Swarm Technologies
11.23 LeoSat
11.24 Inmarsat
11.25 Blue Origin
11.26 Skylark Wireless