Global 5G Satellite Communication Market Size To Exceed USD 60.15 Billion By 2035 | CAGR of 24.5%

Global 5G Satellite Communication Market Size To Exceed USD 60.15 Billion By 2035

According to a research report published by Spherical Insights & Consulting, The Global 5G Satellite Communication Market Size was Estimated to Grow from USD 5.40 Billion in 2024 to USD 60.15 Billion by 2035, at a CAGR of 24.5% during the forecast period 2025-2035.

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global 5G Satellite Communication Market Size, Share, and COVID-19 Impact Analysis, By Orbit (Geostationary Earth Orbit (GEO), Medium Earth Orbit (MEO), Lower Earth Orbit (LEO), and Others), By Application (Government, Defense, and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Detailed Report Decription Here: https://www.sphericalinsights.com/reports/5g-satellite-communication-market

The global industry devoted to offering fifth-generation wireless communication services using satellite-based platforms linked with terrestrial 5G networks is known as the 5G satellite communication market. It includes satellite constellations, ground infrastructure, network hardware, software, and associated services that provide dependable, fast, and low-latency communication beyond conventional ground coverage. The industry provides applications like broadband access, Internet of Things connection, defense communications, aviation, marine services, and disaster recovery through the use of Non-Terrestrial Network technologies, such as low Earth orbit, medium Earth orbit, and geostationary satellites. Growing desire for seamless worldwide connectivity and the need to expand 5G coverage to underserved, isolated, and rural areas with little terrestrial infrastructure are driving the 5G satellite communication market. Adoption is being accelerated by the quick growth of Internet of Things (IoT) applications, such as industrial automation, smart transportation, and agriculture. Another important factor is the growing need for dependable, high-throughput, low-latency communication services in industries including emergency response, aviation, defense, and maritime. However, the 5G satellite communication market faces restraints from high costs, regulatory complexity, spectrum limitations, and integration challenges.

The lower earth orbit segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.    

Based on the orbit, the 5G satellite communication market is divided into geostationary earth orbit (GEO), medium earth orbit (MEO), lower earth orbit (LEO), and others. Among these, the lower earth orbit segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growing number of LEO satellite constellations being deployed, the need for high-speed, low-latency connections, and the growing number of applications in the government, defense, and commercial sectors.

The commercial segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.       

Based on the end user, the 5G satellite communication market is divided into government, defense, and commercial. Among these, the commercial segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growing need for high-speed broadband, Internet of Things (IoT) applications, remote connection solutions, and digital services across businesses, transportation, aviation, and maritime sectors is driving the commercial segment.  

North America is expected to hold the majority share of the global 5G satellite communication market during the forecast period.        

North America is expected to hold the majority share of the global 5G satellite communication market during the forecast period. Market expansion is supported by growing use of Internet of Things applications in sectors including transportation, energy, and agriculture, as well as growing demand for high-speed connectivity in remote and rural locations. Strong research and development efforts, advantageous regulatory measures, and ongoing developments in low Earth orbit satellite constellations support North America's.

Asia Pacific is anticipated to grow at the fastest pace in the global 5G satellite communication market during the forecast period. There is a significant need for satellite-enabled 5G solutions because the region has a number of growing and emerging nations with poor terrestrial network coverage. Key growth drivers include increased public and private spending in satellite launches, space programs, and telecommunications infrastructure.

Major vendors in the global 5G satellite communication market are Avanti Technology, Clutch Space Systems, Gilat Satellite Networks Ltd., Inmarsat, Intelsat S.A., Kuiper Systems, Myriota, Omnispace LLC, Sateliot, SES S.A., Skyloom, ST Engineering, Starlink (SpaceX), Thales Group, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development   

• In November 2025, to boost the 5G satellite communication market and help developing sectors, including commercial aircraft and the low-altitude economy, China announced the start of a commercial satellite IoT trial. 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the 5G satellite communication market based on the below-mentioned segments:

Global 5G Satellite Communication Market, By Orbit  

• Geostationary Earth Orbit (GEO)
• Medium Earth Orbit (MEO)
• Lower Earth Orbit (LEO)
• Others

Global 5G Satellite Communication Market, By End User

• Government
• Defense
• Commercial

 Global 5G Satellite Communication Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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