According to the report by Expert Market Research (EMR), the global 5G NTN market size reached a value of USD 4.51 billion in 2023. Aided by the rising demand for broadband services, the market is projected to further grow at a CAGR of 34.7% between 2024 and 2032 to reach a value of USD 65.87 billion by 2032.
5G NTN stands for “5G Non-Terrestrial Network.” It refers to the use of non-terrestrial or space-based platforms to extend the coverage and capabilities of 5G wireless networks beyond the limitations of terrestrial infrastructure. Non-terrestrial networks include satellite constellations, high-altitude platforms (HAPs), drones, and other aerial or space-based platforms that can deliver broadband connectivity to remote or underserved areas, as well as provide additional capacity and resilience to terrestrial networks.
The 5G NTN market growth is propelled by significant technological innovations that leverage satellite networks to extend the reach of 5G services beyond the constraints of terrestrial infrastructure. These advancements include the development of low Earth orbit (LEO) satellite constellations, offering lower latency and higher bandwidth compared to traditional geostationary satellites. Furthermore, the integration of advanced beamforming techniques and inter-satellite links enhances network efficiency, providing a seamless user experience akin to terrestrial 5G networks.
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The 5G NTN market expansion is also propelled by the growing demand for universal, reliable internet access, underscored by the global push towards digitalisation in all sectors of the economy. The ability of 5G NTN to deliver high-speed connectivity to aviation, maritime, and rural areas presents a transformative opportunity for industries reliant on global communications networks. Moreover, the strategic emphasis on achieving global connectivity goals, as outlined by international bodies such as the ITU and the UN, underscores the importance of 5G NTN in addressing the connectivity challenges faced by developing nations. This, coupled with the increased investment by governments and private entities in space technologies, is driving the rapid deployment of 5G NTN infrastructure.
Looking ahead, the 5G NTN market is likely to be influenced by the potential applications ranging from IoT connectivity for agriculture and environmental monitoring to critical communications for emergency services and defence. The ongoing research and development in space-based solar power and satellite manufacturing technologies are expected to further reduce costs and enhance the sustainability of 5G NTN operations.
According to the 5G NTN market outlook, HAPs (high-altitude platforms), such as stratospheric balloons, airships, and solar-powered drones, are emerging as viable alternatives to satellites for providing 5G connectivity in urban and suburban areas. HAPs operate at altitudes above traditional aircraft but below satellites, offering low-latency, high-bandwidth wireless links to ground stations and mobile devices.
According to the 5G NTN market analysis, the collaboration between telecommunications companies, satellite operators, and technology providers is key to unlocking the full potential of 5G NTN, fostering innovation in network design, service delivery, and user equipment. As the market matures, the standardisation of 5G NTN protocols and the establishment of global partnerships will be crucial in realising the vision of a connected world, free from the limitations of geography and infrastructure.
Regulatory frameworks and spectrum allocation policies play a crucial role in shaping the growth and deployment of 5G NTN solutions. Governments and regulatory authorities are exploring spectrum-sharing arrangements, licensing regimes, and frequency coordination mechanisms to facilitate the deployment of the satellite, HAP, and drone-based 5G networks while ensuring interference mitigation, spectrum efficiency, and safety compliance, which can support the overall 5G NTN market share.
Global 5G Ntn Market Segmentation
The market can be divided based on component, platform, application, location, end use industry, and region.
Market Breakup by Component
- Hardware
- Solutions
- Services
Market Breakup by Platform
- UAS Platform
- LEO Satellite
- MEO Satellite
- GEO Satellite
Market Breakup by Application
- EMBB
- URLLC
- MMTC
Market Breakup by Location
- Urban
- Rural
- Remote
- Isolated
Market Breakup by End Use Industry
- Maritime
- Aerospace and Defence
- Government
- Mining
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Global 5G Ntn Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global 5G NTN market. Some of the major players explored in the report by Expert Market Research are as follows:
- Samsung Electronics
- Gatehouse Satcom A/S.
- Gilat Satellite Networks Ltd.
- SoftBank Corp.
- Rohde & Schwarz USA, Inc.
- MediaTek Inc.
- ZTE Corporation
- Omnispace, LLC
- AST & Science, LLC
- Telefónica, S.A
- Others
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