5G from Space - Global Strategic Business Report

The global market for 5G from Space was estimated at US$534.7 Million in 2024 and is projected to reach US$11.5 Billion by 2030, growing at a CAGR of 66.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the 5G from Space market.

Global 5G From Space Market - Key Trends & Drivers Summarized

What Is Driving the Growth of the 5G From Space Market?

The surging demand for global, seamless connectivity is a key driver of the 5G From Space market. Traditional terrestrial networks often face challenges in reaching remote and underserved areas, such as rural regions, maritime zones, and air travel corridors. By leveraging satellite-based 5G, service providers can deliver high-speed, low-latency internet to even the most isolated locations. This capability is particularly valuable for bridging the digital divide and supporting critical applications in disaster response, defense, and emergency communications. Another significant driver is the growing adoption of Internet of Things (IoT) devices and applications. Many IoT deployments, such as connected agriculture, environmental monitoring, and global supply chain tracking, operate in areas without reliable terrestrial networks. Satellite-enabled 5G ensures seamless connectivity for these devices, enabling real-time data collection and communication. As the IoT ecosystem expands across industries, the demand for 5G From Space solutions is expected to grow exponentially. The rising focus on space-based telecommunications by major players and governments is also fueling the market. Companies like SpaceX, OneWeb, and Amazon's Project Kuiper are launching low Earth orbit (LEO) satellite constellations to provide high-speed internet globally. These initiatives are supported by government investments and partnerships aimed at fostering innovation in space technologies. As these satellite networks integrate 5G capabilities, they are driving the development of space-based 5G infrastructure and services.

How Are Technological Advancements Shaping the 5G From Space Market?

Technological advancements in satellite design and communication systems are transforming the 5G From Space market. One notable innovation is the deployment of low Earth orbit (LEO) satellites. Unlike traditional geostationary satellites, LEO satellites orbit closer to the Earth, reducing latency and improving data transfer speeds. This proximity enables LEO satellites to deliver performance levels comparable to terrestrial 5G networks, making them ideal for real-time applications such as video conferencing, online gaming, and remote diagnostics. The development of advanced beamforming and phased-array antenna technologies is another key trend. These technologies enhance the efficiency and reliability of satellite communications by dynamically directing signals to specific areas or devices. This capability ensures optimal coverage and reduces interference, even in high-density regions or during adverse weather conditions. Beamforming is particularly important for supporting mobile users, such as passengers on airplanes, ships, and vehicles, where connectivity demands are constantly changing.

The integration of Artificial Intelligence (AI) and machine learning (ML) is also driving innovation in the 5G From Space market. AI-powered systems are being used to optimize satellite operations, predict network traffic, and allocate resources dynamically. These capabilities improve the efficiency and scalability of space-based 5G networks, enabling them to meet the growing demands of global connectivity. Additionally, advancements in satellite miniaturization and reusable launch technologies are reducing the cost of deploying satellite constellations, making space-based 5G more economically viable.

What Are the Benefits of 5G From Space for Industries and Consumers?

5G From Space offers significant benefits by providing reliable, high-speed connectivity to areas where traditional networks are unavailable or impractical. For industries, this capability unlocks new opportunities and efficiencies. For instance, in agriculture, space-based 5G enables precision farming by connecting sensors and drones for real-time monitoring of soil health, weather patterns, and crop conditions. Similarly, in logistics, it ensures seamless tracking of goods across global supply chains, improving efficiency and reducing losses. In disaster response and emergency situations, the ability to establish instant communication networks via satellites is invaluable. Space-based 5G allows first responders to coordinate rescue efforts, share real-time data, and access critical resources, even in areas where terrestrial infrastructure has been damaged or is nonexistent. This connectivity can save lives by ensuring uninterrupted communication during crises. For consumers, 5G From Space delivers high-quality internet access in remote areas, enabling online education, telemedicine, and e-commerce services. Travelers on airplanes and ships can benefit from consistent, high-speed connectivity for entertainment and communication. Moreover, as the adoption of 5G devices grows, consumers can expect seamless connectivity across terrestrial and satellite networks, ensuring an uninterrupted experience regardless of location.

What Are the Key Market Drivers for 5G From Space?

The expanding need for global connectivity is the most significant driver of the 5G From Space market. As industries and consumers demand reliable internet access across diverse and remote locations, satellite-based 5G solutions are becoming essential. This demand is further amplified by the proliferation of IoT devices and applications, which require continuous, low-latency connectivity to function effectively. Technological advancements in satellite systems, such as LEO constellations and advanced antennas, are also driving market growth. These innovations improve the performance, scalability, and cost-effectiveness of space-based 5G networks, making them more accessible to a wide range of users. The integration of AI and machine learning further enhances the efficiency and reliability of these networks, enabling them to support complex and dynamic use cases. Finally, government support and private-sector investments are accelerating the development and deployment of space-based 5G infrastructure. Collaborative initiatives between space agencies, telecom operators, and technology companies are fostering innovation and ensuring the successful integration of 5G capabilities into satellite networks. Combined with the growing focus on sustainability and reusable technologies, these drivers position the 5G From Space market for unprecedented growth in the coming years.

Scope of Study:

The report analyzes the 5G from Space market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Component (Hardware Component, Services Component); Enhanced Mobile Broadband (eMBB) Application, Ultra-Reliable Low Latency Communication (URLLC) Application, Massive Machine Type Communication (mMTC) Application; End-Use (Commercial, Government and Defense)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Hardware Component segment, which is expected to reach US$9.4 Billion by 2030 with a CAGR of a 74.7%. The Services Component segment is also set to grow at 48.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $140.6 Million in 2024, and China, forecasted to grow at an impressive 62.6% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global 5G from Space Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global 5G from Space Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global 5G from Space Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as China Aerospace Science and Technology Corporation (CASC), Eutelsat Communications SA, Gilat Satellite Networks, Keysight Technologies, Inc., Lockheed Martin Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 48 companies featured in this 5G from Space market report include:

• China Aerospace Science and Technology Corporation (CASC)
• Eutelsat Communications SA
• Gilat Satellite Networks
• Keysight Technologies, Inc.
• Lockheed Martin Corporation
• Lynk Global, Inc.
• Omnispace, LLC
• Qualcomm, Inc.
• Rohde & Schwarz GmbH & Co. KG
• SES SA
• Telefonaktiebolaget LM Ericsson
• Thales Alenia Space

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.