5G is the term used to describe the fifth generation of wireless communication technologies which support cellular data network. The next generation of wireless network addressed the development of massive M2M and internet of things (IoT) applications, fast broadband speed, and significantly reduce the cost for mobile and fixed network. 5G offers high speed internet connectivity, low latency and enhanced safety measures to support the end-user industries such as aviation, consumer electronics, transportation & logistics, energy & utilities, and heavy industries. In addition, significant changes in the demand of consumer for the higher bandwidth, low latency, and seamless connectivity to remote areas has led the telecom companies to collaborate with satellite operators. It will create enormous opportunities for satellite as mobile network operators to balance their 5G services with satellite connectivity and offload their terrestrial networks in a large scale. They will be able to take advantage of satellite’s inbuilt multicasting/broadcast functionality for new use cases, such as connected cars.

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Satellite solutions such as backhaul and tower feed, trunking and head end feed, communication-on-the-move, and hybrid multiplay is helpful to the mobile operators in a longer range for the rollout of 5G network in remote areas where terrestrial network for the development of broadband services is too costly. Moreover, functionalities of satellite such as backhauling, multicasting and mobility access enables mobile and fibre operators to expand their coverage areas. Many key players are planning to launch the integration of 5G and communication satellite in the near future. For instance, Industry leaders such as SpaceX and OneWeb are planning to launch 5G-satellite integration networks by 2023, to cater to the growing needs for speed, reliability, and low latency.

The high growth of the global 5G satellite communication market is supported by the growing demand to cater to a range of applications where the current communication network technologies and bandwidths struggle to deliver optimum performance. The performance parameters used to represent this new age network are low latency, high bandwidth, high system spectral efficiency, and peak throughput, along with less energy spill out. Moreover, due to a strong demand for 5G network for various application, there has been a surge in enhancing the current communication infrastructure, including towers, fiber network, and small cell, to cater to the technological needs for 5G satellite communication networks.

The key players that are actively participating in the global 5G satellite communication market include Airbus S.A.S, Avanti Communications Group PLC, Eutelsat S.A., Gomspace A/S, Gilat Satellite Networks, OHB SE, Quortus, Space X, The Boeing Company, and the Thales Group.

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Prominent players in the 5G satellite communication market adopted strategies of partnerships and collaborations, contracts, agreements, and other key strategies to expand their business. The companies are also involved in some of the projects that include demonstration, integration, and business expansion. Due to the intensive competition, the 5G satellite communication market requires telecom operators to constantly innovate and develop cost-effective services for 5G with the integration of satellite. The existing companies as well as new entrants aim to develop 5G satellite communication networks in the adherence with the existing and forthcoming industry standards for various end-user applications. The chapter includes key strategies adopted by the major companies operating in the global 5G satellite communication market along with the competitive strength of the key players. The major strategies compiled in the chapter are partnerships and collaborations, contracts, agreements, and new projects related to the integration of 5G and satellite. These strategies and the competitive strength of major companies working in the market are analyzed to present a detailed competitive landscape of the industry.