A recent report titled “Global 5G Satellite Networks Market 2023-2030” highlights the potential for the commercial launch of 5G satellite networks in 2024. It predicts that by 2030, there will be over 110 million 3GPP-compliant 5G satellite connections in operation.
To take advantage of this projected growth, the report suggests that operators should form partnerships with Satellite Network Operators (SNOs) capable of launching Geostationary Orbit (GSO) satellites. These satellites are positioned to constantly cover the country where the operator provides services, as they follow the rotation of the earth.
Operators are also encouraged to leverage their existing billing relationships with mobile subscribers and enterprises to drive revenue from 5G satellite connectivity. By integrating satellite services into their terrestrial networks, operators can quickly promote the adoption of satellite connectivity.
However, as 6G development gains momentum, the report suggests that operators will increasingly rely on SNOs for service provision. When selecting an SNO partner, operators should consider not only 5G satellite services but also future plans for 6G networks, including coverage and throughput capabilities.
The report emphasizes the importance of operators forging immediate partnerships with SNOs to maximize the potential of 5G satellite networks. With the anticipated launch of commercial 5G satellite networks in 2024, operators have an opportunity to tap into this technology to expand their offerings and meet evolving customer demands.