Global 5G Satellite Communication Market Insights, Forecast to 2028

5G Satellite Communication Market

5G Satellite communication is simply the communication between radio communication stations on the earth (including the ground and lower atmosphere) using satellites as relays. The satellite communication system is composed of satellite and earth station. The characteristics of satellite communication are: large communication range; as long as it is within the range covered by the radio waves emitted by the satellite, communication can be performed from any two points; it is not easily affected by land disasters (high reliability); as long as the earth station circuit is installed It can be opened immediately (open circuit quickly); at the same time, it can be received in multiple places, which can realize broadcast and multiple access communication economically (multi-access feature); the circuit setting is very flexible, and the excessively concentrated traffic can be dispersed at any time; the same channel can be used for Different directions or different intervals (multiple access).

The global 5G Satellite Communication market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.

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Fully considering the economic change by this health crisis, L and S Band (1-4GHZ) accounting for % of the 5G Satellite Communication global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Defense & Government segment is altered to an % CAGR throughout this forecast period.

China 5G Satellite Communication market size is valued at US$ million in 2021, while the North America and Europe 5G Satellite Communication are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe 5G Satellite Communication landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global 5G Satellite Communication market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global 5G Satellite Communication market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global 5G Satellite Communication market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global 5G Satellite Communication market.

5G Satellite Communication market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global 5G Satellite Communication market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type
• L and S Band (1-4GHZ)
• C and X Band (4-12GHZ)
• Ku and Ka Band (12-40GHZ)

By Application
• Defense & Government
• Consumer Electronics
• Transportation & Logistics
• Aviation
• Energy & Utilities
• Heavy Industries
• Others

By Companies
• Airbus S.A.S
• Avanti Communications Group PLC
• Eutelsat S.A.
• Gomspace A/S
• Gilat Satellite Networks
• OHB SE
• Quortus
• Space X
• The Boeing Company
• The Thales Group
• Huawei
• Galaxy Space

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