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5G satellite to generate $17bn through 2023: Juniper Research

September 19, 2023


Telecom operators will generate $17 billion of additional revenue from 3GPP-compliant 5G satellite networks between the 2024-2030 period, according to a new research report from Juniper Research.

The report urges operators to sign partnerships with satellite network operators (SNOs), which will enable carriers to launch monetizable satellite-based 5G services to their subscribers. Juniper Research highlighted that SNOs possess the capabilities to launch next-generation satellite hardware into space, as well as being responsible for the operation and management of the resulting networks.

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