CAMBRIDGE, Mass., Oct. 18, 2021 (GLOBE NEWSWIRE) -- NSR’s 5G via Satellite, 2nd Edition report, launched today, sees 5G access protocols that incorporate Non-Terrestrial Networks will attract 100s of millions of Smartphones and IoT devices to satellite networks by the decade’s close. Beyond traditional Telco areas, multiple segments show accelerated growth from transition to 5G, generating $125.5 Billion in cumulative service revenues.
While COVID-19 may increase demand, delaying 3GPP Release 17, key actors in the industry are rushing to adopt 5G standards for network orchestration and integration with Telco networks. Value chain transformation is already taking shape with Space and Ground Segment vendors providing infrastructure "as-a-Service", the development of verticalized offers, and growing interest of mainstream Telcos in Satellite technologies.
“Direct Satellite to Device communications is a game changer for the industry. It instantly opens the door to a huge addressable market as any Mobile Phone or IoT device can roam to a satellite network when moving outside terrestrial coverage,” explains report author Lluc Palerm. “Standardized service orchestration based on 5G is a tremendous opportunity to make satellite easily adoptable by mainstream Telcos.”
5G-based service orchestration profoundly changes the value chain, allowing new actors to incorporate satellite in their technology mix. Equipment vendors will be a key enabler for Satellite network compatibility with 5G, yet the reward potential of successful platform innovation has widespread promise as 5G Ground Segment revenues climb to $2.5 Billion annually by 2030.
Palerm added, “For the first time, satellite was not left behind in the definition of mainstream Telco standards. 5G is a once in a lifetime opportunity for Satcom to become integrable with mainstream networks opening a huge addressable market.”
About the Report
NSR’s 5G via Satellite, 2nd Edition offers the widest coverage of 5G impact available, from infrastructure segment transformation to the extensive use cases stimulated by 5G. Rooted in bottom-up assessment, the report assesses demand for each specific segment in each of the five different regions (NAM, LAM, EU, MEA, Asia) through to 2030. With industry-leading forecasts for Active Sites, Capacity Demand, Capacity and Service Revenues, Shipments and CPE Revenues, NSR’s 5GvS2 keeps readers ahead of the curve.
For additional information on this report, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at +1-617-674-7743.
Companies and Organizations Mentioned in NSR’s 5GvS2:
ABS, Africa Mobile Networks, Altice, Amazon Kuiper, APT Satellite, ArabSat, AsiaSat, AST Space Mobile, AT&T, Avanti Communications, Broadpeak, China Satcom, Claro, Comtech, Digicel, EE, Ericsson, Eutelsat, Facebook, Gazprom Space Systems, Gilat, Globalstar, Globe Telecom, Google, Hispasat, Huawei, Hughes, iDirect, Intelsat, Iridium, KDDI, Lacuna, Ligado, Lockheed Martin, Lynk, MEASAT, Mavenir, MTN, Nokia, Novelsat, NuRAN, Omnispace, OneWeb, Orange, Orbcomm, Optus, OQ Technology, Parallel Wireless, Quadrille, Reliance Jio, RSCC, Satelliot, SES, SKY Perfect JSAT, Softbank, Spacebridge, Spacecom, SpaceX, Star One, Swarm, Telefonica, Telenor, Telesat, Thaicom, T-Mobile, Verizon, ViaSat, Vodacom, Vodafone, YahSat, and ZTE.
About NSR
NSR is the leading global market research and consulting firm focused on the satellite and space sectors, NSR’s global team, unparalleled coverage and anticipation of trends with a high degree of confidence and precision than the competition is the cornerstone of all NSR offerings. First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries.
Contact us at info@nsr.com to discuss how we can assist your business.
