The communications industry in 2023 has witnessed a significant increase in satellite-based telecoms and data services. A recent study conducted by Juniper Research reveals that satellite network operators (SNOs) are projected to generate an additional $17 billion in revenue from 3GPP-compliant 5G satellite networks between 2024 and 2030.
According to the report titled “Global 5G satellite networks market 2023-2030,” it provides a comprehensive assessment of the 3GPP-compliant 5G satellite network. The study includes analysis and forecasts of over 24,000 datapoints across 60 markets for a period of five years.
The research forecasts that the first commercial launch of a 5G satellite network will occur in 2024. By the year 2030, there will be over 110 million 3GPP-compliant 5G satellite connections in operation.
In order to make the most of this trend, the report urges operators to form partnerships with SNOs that would enable them to offer monetizable satellite-based 5G services to their subscribers. SNOs are seen as entities having the capability to launch advanced satellite hardware into space and manage the resulting networks.
To maximize their potential, operators are advised to prioritize partnerships with SNOs that can launch Geostationary Orbit (GSO) satellites. These satellites are always positioned above the country the operator serves, ensuring consistent connectivity.
Additionally, operators are encouraged to leverage their existing billing relationships with mobile subscribers and enterprises as a means to drive 5G satellite connectivity revenue. By integrating satellite services into their existing terrestrial networks, operators can accelerate the adoption of satellite connectivity.
Looking ahead, the report highlights the importance for operators to establish strong billing relationships in preparation for 6G networks. As the development of 6G accelerates, operators are likely to rely more on SNOs for service provision. Thus, when selecting an SNO partner, operators need to consider not only 5G satellite services but also the future plans for 6G networks, including coverage and throughput capabilities.
In related news, Enensys Technologies, a media delivery services provider, announced a partnership with satellite operator Eutelsat to enable streaming video services over 5G networks using DVB-Native IP (DVB-NIP) technology. This new standard allows for the convergence of broadband and broadcast services, extending the reach for satellite and broadcast operations. The deployment of 5G networks will require the implementation of dense, low-power transmitters, making satellite distribution technologies and the DVB-NIP standard well-suited for live media content delivery to these networks.