Satellite 5G New Radio Market by Services, Frequency Band, End User

List of Tables

[183 Pages Report] The Satellite 5G New Radio Market size was estimated at USD 5.82 billion in 2023 and expected to reach USD 6.31 billion in 2024, at a CAGR 8.66% to reach USD 10.41 billion by 2030.

Satellite 5G new radio (5G NR) extends the terrestrial 5G NR standard into satellite communications. The 5G NR standard is designed to enable a variety of services, including enhanced mobile broadband (eMBB), ultra-reliable and low-latency communications (URLLC), and massive machine-type communications (MTC). It encompasses the specifications for designing and operating the radio interface, enabling communication between user devices and the cellular network infrastructure. Satellite 5G NR is expected to support a range of applications, from connecting remote and rural communities to enabling advanced services such as the Internet of Things (IoT), mobile backhauling, and support for emergency services. Innovations in satellite technology, such as high-throughput satellites (HTS) and low Earth orbit (LEO) satellite constellations, are boosting the capabilities of 5G NR. There is a growing need for reliable and widespread internet access, and various governments worldwide are backing the deployment of 5G infrastructures, including satellite networks, which drives demand for satellite-enabled 5G connectivity. However, the high deployment and operation cost of satellites, technical issues, and regulatory hurdles are subject to international regulatory frameworks that can be complex and restrictive, which hampers market growth. Expansion in remote areas as satellite 5G NR provides the opportunity to offer 5G connectivity in remote and hard-to-reach areas, thus broadening the consumer base. Advancements in antenna and SATCOM technologies and adopting satellite IoT for 5G networks create a lucrative market opportunity.

KEY MARKET STATISTICS
Base Year [2023]	USD 5.82 billion
Estimated Year [2024]	USD 6.31 billion
Forecast Year [2030]	USD 10.41 billion
CAGR (%)	8.66%

Regional Insights

The Americas have a mature market for telecom services with a high-income customer base, driving diverse needs for satellite 5G NR applications. The region's demand for satellite 5G NR is propelled by consumer needs for reliable mobile broadband and strategic defense communication requirements. The EMEA region presents a diverse ecosystem for satellite 5G NR technologies, with EU countries focusing on leading-edge technology, the Middle East capitalizing on wealthy economies, and the eagerness to adopt new technology. EU countries are increasingly investing in research and development for 5G NR, with numerous initiatives aimed at streamlining the integration of satellite capabilities to complement terrestrial networks. The Middle East is rapidly adopting 5G NR technology, with satellite services seen as a strategic pivot for countries looking to diversify their oil-dependent economies. High investment capabilities facilitate infrastructure development, while customer purchasing patterns reflect a readiness for premium services. The Asia Pacific region exhibits a robust demand for 5G NR (New Radio) services, driven by a significant young population, rapid urbanization, and an emerging middle class. Countries in the region are leading the charge with expansive 5G deployments and R&D initiatives. The growing telecommunications market is also paving the way for 5G NR advancements, with government initiatives expanding digital infrastructure, including integrating satellite communications to bridge rural-urban digital divides.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Satellite 5G New Radio Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rising number of smartphones and digital devices requiring 5G networks
- Growing number of partnerships to expand next-generation mobile communication
- Increasing number of smart cities, smart hospitals, and smart infrastructure

Market Restraints
- High initial capital expenditure for set-up

Market Opportunities
- Advancements in antenna and SATCOM technologies
- Adoption of satellite IoT for 5G networks

Market Challenges
- Technical constraints and difficulty of integration with existing communication systems

Market Segmentation Analysis
- Services: High adoption of satellite 5G new radio for enhanced mobile broadband services
- Frequency Band: Frequency band 1 GHz to 6 GHz widely used for commercial wireless telecommunications
- End User: Significant utilization in the telecommunication sector to expand the network coverage

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Satellite 5G New Radio Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Satellite 5G New Radio Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Airtel, in Partnership with Ericsson, Successfully Tests India's First RedCap Technology on its 5G Network

Bharti Airtel, in partnership with Ericsson, successfully conducted trials of Ericsson's avant-garde Reduced Capability (RedCap) software designed for Airtel's 5G network in India, achieving a landmark first in the country. The testing phase, which featured Qualcomm Technologies' 5G RedCap test module, showcased the potential for RedCap to enable a plethora of 5G use cases, particularly by powering a new class of devices from wearables to industrial sensors with enhanced energy and spectrum efficiency, and improved latency. RedCap is the next evolution of 5G technology to cater to the use cases that are not yet best served by current new radio (NR) specifications. [Published On: 2023-10-19]

AccelerComm Secures GBP 21.5 Million Funding to Supercharge 5G Radio Performance

AccelerComm, the innovator of 5G radio access network optimization intellectual property (IP), secured GBP 21.5 million in Series B funding. The investment aims to fuel AccelerComm's global expansion and technological advancement, reflecting the growing market demand. [Published On: 2023-04-11]

Qualcomm Introduces the World's First 5G NR-Light Modem-RF System to Fuel a New Wave of 5G Devices

Qualcomm Technologies, Inc. introduced the Snapdragon X35 5G Modem-RF System, marking a significant stride in the 5G space as the pioneering 5G NR-Light modem-RF system. This innovative solution is set to revolutionize the market by providing a middle ground between mobile broadband devices' high-speed capabilities and NB-IoT technologies' limited bandwidth. Designed for efficiency, the Snapdragon X35 enables the creation of more compact, economical devices with superior battery longevity than traditional mobile broadband equipment, effectively bridging the current capability gap within the 5G realm. [Published On: 2023-02-08]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Satellite 5G New Radio Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Satellite 5G New Radio Market, highlighting leading vendors and their innovative profiles. These include Cisco Systems, Inc., Cradlepoint, Inc., D-Link Corporation, EchoStar Corporation, Gatehouse Satcom A/S, Gilat Satellite Networks Ltd., Huawei Technologies Co. Ltd., Inmarsat Global Limited, Intelsat US LLC, Iridium Communications Inc., Keysight Technologies, Inc., Lockheed Martin Corporation, Multi-Tech Systems Inc., NEC Corporation, Nelco Limited By TATA Group, Nokia Corporation, OneWeb by Eutelsat Group, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Satelio IoT Services, S.L., SES S.A., SoftBank Corp., Space Exploration Technologies Corp., TDK Corporation, Telefonaktiebolaget LM Ericsson, Telesat Corporation, ZTE Corporation, and Zyxel Communications Corp.

Market Segmentation & Coverage

This research report categorizes the Satellite 5G New Radio Market to forecast the revenues and analyze trends in each of the following sub-markets:

Services
- Enhanced Mobile Broadband
- Massive Machine-Type Communications
- Ultra-Reliable & Low Latency Communications

Frequency Band
- 1 GHz to 6 GHz
- Above 6 GHz
- Below 1 GHz

End User
- Aerospace & Defense
- Automotive & Transportation
- Healthcare & Life Sciences
- Manufacturing
- Media & Entertainment
- Public Safety
- Telecommunication

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-7C31448F0BAE

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising number of smartphones and digital devices requiring 5G networks
  - 5.1.1.2. Growing number of partnerships to expand next-generation mobile communication
  - 5.1.1.3. Increasing number of smart cities, smart hospitals, and smart infrastructure
- 5.1.2. Restraints
  - 5.1.2.1. High initial capital expenditure for set-up
- 5.1.3. Opportunities
  - 5.1.3.1. Advancements in antenna and SATCOM technologies
  - 5.1.3.2. Adoption of satellite IoT for 5G networks
- 5.1.4. Challenges
  - 5.1.4.1. Technical constraints and difficulty of integration with existing communication systems
5.2. Market Segmentation Analysis
- 5.2.1. Services: High adoption of satellite 5G new radio for enhanced mobile broadband services
- 5.2.2. Frequency Band: Frequency band 1 GHz to 6 GHz widely used for commercial wireless telecommunications
- 5.2.3. End User: Significant utilization in the telecommunication sector to expand the network coverage
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Satellite 5G New Radio Market, by Services

6.1. Introduction
6.2. Enhanced Mobile Broadband
6.3. Massive Machine-Type Communications
6.4. Ultra-Reliable & Low Latency Communications

7. Satellite 5G New Radio Market, by Frequency Band

7.1. Introduction
7.2. 1 GHz to 6 GHz
7.3. Above 6 GHz
7.4. Below 1 GHz

8. Satellite 5G New Radio Market, by End User

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive & Transportation
8.4. Healthcare & Life Sciences
8.5. Manufacturing
8.6. Media & Entertainment
8.7. Public Safety
8.8. Telecommunication

9. Americas Satellite 5G New Radio Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Satellite 5G New Radio Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Satellite 5G New Radio Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Airtel, in Partnership with Ericsson, Successfully Tests India's First RedCap Technology on its 5G Network
- 12.3.2. AccelerComm Secures GBP 21.5 Million Funding to Supercharge 5G Radio Performance
- 12.3.3. Qualcomm Introduces the World's First 5G NR-Light Modem-RF System to Fuel a New Wave of 5G Devices
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio