5G NTN Market

5G NTN Market Size, Share, Growth Analysis, By Component(Hardware, Solutions, Services), By End-Use(Maritime, Aerospace And Defense, Government, Mining), By Application(EMBB, URLLC, MMTC), By Geography(North America, Europe, Asia-Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG50C2028 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

5G NTN Market Insights

Market Overview:

The global 5G non-terrestrial network (NTN) market is witnessing substantial growth and is expected to experience significant expansion from 2023 to 2032. With an estimated market size of USD 3.79 billion in 2022, it is projected to reach around USD 27.69 billion by 2032, exhibiting an impressive compound annual growth rate (CAGR) of 22.00% during the forecast period. The market analysis highlights several key drivers contributing to this growth. Firstly, the increasing demand for high-speed and low-latency connectivity is driving the adoption of 5G NTN solutions. As the number of connected devices and data-intensive applications continues to rise, the need for robust and reliable communication networks is critical, especially in remote and challenging terrains where traditional terrestrial networks may be limited.

5G NTN Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Wireless Telecommunication Services by segment aggregation, the contribution of the Wireless Telecommunication Services in Telecommunication Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for 5G NTN was estimated to be valued at US$ XX Mn in 2021.

The 5G NTN Market is estimated to grow at a CAGR of XX% by 2028.

The 5G NTN Market is segmented on the basis of Component, End-Use, Application, Geography.

Based on region, the 5G NTN Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the 5G NTN Market are Anritsu, Ast Spacemobile, Echostar, Ericsson, Gatehouse, Gilat Satellite Networks, Globalstar, Inmarsat, Intelsat, Keysight Technologies, Mediatek, Nelco, Nokia, Omnispace, Oneweb, Qualcomm, Rohde & Schwarz, Ses, Skylo, Softbank, Spacex, Spirent.

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5G NTN Market

Report ID: UCMIG50C2028

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