Wed. Sep 27th, 2023
Telecom Operators to Generate $17 Billion in Revenue from 5G Satellite Networks by 2030

Telecom operators are expected to generate $17 billion in additional revenue from 3GPP-compliant 5G satellite networks between 2024 and 2030, according to a report by Juniper Research. The report predicts that the first commercial launch of a 5G satellite network will occur in 2024, with over 110 million 3GPP-compliant 5G satellite connections in operation by 2030.

To take advantage of this growth, researchers recommend that operators prioritize partnerships with satellite network operators (SNOs) capable of launching Geostationary Orbit (GSO) satellites. GSO satellites follow the rotation of the Earth, ensuring consistent connectivity by always being located above the country that the operator serves.

The report also suggests that operators will increasingly rely on SNOs for service provision as 6G development progresses. In choosing an SNO partner, operators should consider not only their 5G satellite services but also the plans for future 6G networks, including coverage and throughput capabilities.

Furthermore, the report highlights the importance of leveraging pre-existing billing relationships with mobile subscribers and enterprises to drive 5G satellite connectivity revenue. By integrating satellite services into existing terrestrial networks, operators can rapidly promote the adoption of satellite connectivity.

In summary, the report suggests that telecom operators can expect significant revenue growth through 5G satellite networks in the coming years. By establishing partnerships with SNOs, leveraging billing relationships, and integrating satellite services, operators can capitalize on this potential market.