The global 5G satellite communication market is one of the most competitive industries with the leading players actively competing against each other to gain a greater share in the industry. The competitive landscape of the 5G satellite communication market exhibits an inclination toward emerging strategies and developments by market players.

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The aviation industry is expected to be the second largest with consumer electronics as the frontrunner, in the global 5G satellite communication market. The development of network technology (from 2G to 5G) has enhanced the Machine to Machine (M2M) communication by providing lower latency and higher bandwidth. The evolution in smartphone technology, growing importance of connectivity and safety, and high-speed internet connectivity have significantly transformed the aviation industry. Out of the wide area of end users, satellite plays a vital role in connecting remote devices that cannot be assessed with terrestrial connectivity. Satellites can potentially integrate the gathered information from monitoring, the fixed and mobile remote assets. It is expected that by 2021, the 5G satellite communication market would be dominated by Gilat Satellite Network, Avanti Communication and VT Direct among others. However, due to huge growth in the market, new players are emerging in the market.

Apart from the growth factors, the 5G satellite communication market is also facing several challenges such as complications pertaining to the integration of 5G mobile wireless terrestrial systems and satellite communication signaling, which is difficult due to the intricate architecture of each sector. In order to offer reliable and robust 5G satellite communication services, a service provider tends to have global coverage with a large set of satellites in a constellation. 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.

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