5G Satellite Networks Market Statistics 2024-2030

Tuesday, 5 December 2023
Telecoms & Connectivity
Sam Barker
VP of Telecoms Market Research

Our new 5G satellite networks 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. But what level of revenue can operators expect from launching monetisable satellite-based 5G services to their subscribers?

2024: $11.8 million
2025: $44.1 million
2026: $129.7 million 
2027: $417.4 million
2028: $1.5 billion
2029: $4.3 billion
2030: $10.7 billion


 
Want more insights and statistics? Download our latest 5G satellite networks whitepaper, which evaluates the role that 5G satellites will play in 5G networks across IoT, broadband and mobile subscription services.

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