5G from Space Market projected to grow significantly, bridging digital divide globally with satellite technology.

From Globe Newswire: 2024-06-19 04:30:00

The 5G from Space Market is projected to grow from USD 300 million in 2023 to USD 3,693 million by 2028, with a 65.1% CAGR. It combines satellite communication with 5G networks, providing global connectivity and high-speed services.

5G from space technology can bridge the digital divide by reaching remote areas with satellite deployment in low Earth orbit, offering seamless global connectivity.

Asia Pacific is expected to have the highest growth in the market due to government investments in infrastructure and digital initiatives.

In the 5G from Space market, the service segment is estimated to lead from 2023 to 2028, offering system integration services for seamless interoperability.

Enhanced Mobile Broadband (eMBB) in 5G from space technology is revolutionizing mobile broadband connectivity, supporting data-intensive applications and driving global connectivity.

The 5G from Space Market is set to transform connectivity with satellite-based networks, providing reliable coverage and potential to bridge digital divides globally.



Read more at Globe Newswire: The 5G From Space Market: Insights and Opportunities for