Global 5G Satellite Communication Market Report 2022: A $43.21 Billion Industry by 2032 - Potential of 5G Killer Apps to Catalyze Commercial and Consumer Industry
Global 5G Satellite Communication Market Report 2022: A $43.21 Billion Industry by 2032 - Potential of 5G Killer Apps to Catalyze Commercial and Consumer Industry
The "5G Satellite Communication Market - A Global and Regional Analysis: Focus on Satellite Solution Type, End User, Orbit, Spectrum Band, Services, and Country - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
The global 5G satellite communication market was valued at $2,708.3 million in 2021 and it is estimated to reach $43,215.4 million by 2032, at a CAGR of 28.12% during the forecast period 2022-2032.
The major factor driving the market growth is the need for low latency, high-speed connectivity covering a wide geographic area.