Tue. Sep 26th, 2023
Operators to Generate $17 Billion in Revenue from 5G Satellite Networks by 2030

New research has revealed that operators are expected to generate an additional $17 billion in revenue from 3GPP-compliant 5G satellite networks between 2024 and 2030. The research from Juniper Research emphasizes the importance for operators to form partnerships with Satellite Network Operators (SNOs) in order to launch satellite-based 5G services to their subscribers.

The report states that the first commercial launch of a 5G satellite network is predicted to take place in 2024, with an estimated 110 million 3GPP-compliant 5G satellite connections operational by 2030. To seize the opportunities of this growth, operators are advised to prioritize partnerships with SNOs that have the capabilities to launch Geostationary Orbit (GSO) satellites. GSO satellites follow the rotation of the Earth, ensuring consistent connectivity above the country that the operator serves.

Furthermore, operators are encouraged to leverage their existing billing relationship with mobile subscribers and enterprises to drive the adoption of satellite connectivity. By integrating satellite services into their current terrestrial networks, operators can rapidly expand their 5G satellite connectivity revenue.

Looking ahead, the research predicts that operators will increasingly rely on SNOs for service provision as the development of 6G networks accelerates. Operators are urged to consider not only 5G satellite services when choosing an SNO partner, but also the future plans for 6G networks, including coverage and throughput capabilities.

In conclusion, by signing partnerships with SNOs and capitalizing on the existing billing relationship with subscribers and enterprises, operators have the potential to generate significant revenue from 5G satellite networks. The research highlights the importance of proactive engagement and strategic planning to maximize the opportunities offered by satellite-based 5G services.