5G NTN Market - By Component (Hardware, Software, Services), By Platform, By Application, By Location (Urban, Rural, Remote, Isolated), By End-Use (Maritime, Aerospace & Defense, Government, Mining) & Forecast, 2024 - 2032

5G NTN Market Size

5G NTN Market was valued at USD 4.2 billion in 2023 and is estimated to register a CAGR of over 35% between 2024 & 2032. The growth of the market can be attributed to escalating global connectivity requirements. The increasing demand for ubiquitous and high-speed connectivity worldwide is a significant driver for the market. Non-terrestrial networks, including satellite-based solutions, play a crucial role in extending 5G coverage to remote and underserved areas where traditional terrestrial networks face challenges in deployment.
 

Against this backdrop, in December 2023, Lockheed Martin reported the successful completion of the inaugural demonstration of its groundbreaking regenerative non-terrestrial network Satellite Base Station. In a noteworthy self-funded initiative slated for 2024, Lockheed Martin plans to launch this innovative payload into orbit, marking a significant milestone in extending 5G capabilities to outer space and showcasing its potential to establish global connectivity. Over the past two years, AccelerComm has collaborated closely with Lockheed Martin, contributing expertise to the development and integration of the regenerative 5G non terestial network HBS-Space system. AccelerComm's cutting-edge 5G NTN Layer 1 PHY solution has been specifically designed to meet Lockheed Martin's stringent space flight hardware specifications and system requirements.
 

Increased use of non-terrestrial networks for disaster recovery and resilience will be a key factor shaping the 5G NTN market outlook. Non-terrestrial networks contribute to the resilience of communication infrastructure, particularly in the face of natural disasters or other disruptions. Satellite-based 5G NTN can provide backup and alternative connectivity solutions, ensuring that communication remains available even in scenarios where traditional terrestrial networks may be compromised. These benefits have encouraged firms operating in the industry to deliver cutting-edge innovations, thus favoring market growth. 
 

However, implementing non-terrestrial networks, such as satellite-based 5G solutions, involves substantial costs related to the development and deployment of infrastructure. The expense of launching and maintaining satellites, as well as establishing ground-based stations, can be prohibitive. Additionally, the need for ongoing maintenance and upgrades may pose financial challenges for operators and service providers.
 

5G NTN Market Trends

Continuous advancements in satellite technology are expected to impact the 5G NTN industry. These could include innovations in satellite design, launch capabilities, and constellation architectures. For instance, in May 2023, in a noteworthy development for space-based 5G, China Telecom, ZTE, and SpaceIoT announced the successful completion of the industry's inaugural deployment of a 5G non-terrestrial network (NTN) in a marine environment. This milestone took place in Zhoushan, Zhejiang province, encompassing an archipelago of islands at the southern mouth of Hangzhou Bay. The accomplishment signifies the capability for satellite-ground interaction and service data transmission in diverse marine scenarios. It underscores the potential to provide real-time, multi-terminal, and multi-scenario services, including marine water quality monitoring, temperature and humidity monitoring, and emergency rescue on uninhabited islands.
 

Improved satellite technologies may lead to enhanced coverage, higher data transfer rates, and lower costs, making satellite-based 5G solutions more accessible and reliable for global connectivity.
 

5G NTN Market Analysis

Based on the component, the market is divided into hardware, software and services. In 2023, the hardware segment accounted for a market share of around 45%. The demand for hardware components in the 5G Non-Terrestrial Network (NTN) industry is propelled by several factors. As the deployment of 5G NTN involves satellite and ground-based infrastructure, there is a heightened need for advanced antennas, transceivers, and signal-processing equipment to ensure efficient communication. The growing scope of applications, including IoT devices, autonomous systems, and real-time data services, further fuels the demand for robust and high-performance hardware components. Additionally, continuous technological advancements and the need for reliable, low-latency connectivity drive investments in cutting-edge hardware solutions to support the expanding capabilities of 5G NTN networks.
 

Based on end-use, the market is categorized into maritime, aerospace & defense, government, mining, and others. In 2023, the aerospace & defense segment accounted for a market share of around 35%. 5G Non-Terrestrial Networks (NTN) are gaining traction in the aerospace and defense sector due to their transformative impact on communication capabilities. The sector demands robust, low-latency connectivity for applications such as unmanned aerial vehicles (UAVs), mission-critical communications, and remote sensing. 5G NTN offers enhanced data transmission, improved reliability, and extended coverage, aligning with the stringent requirements of aerospace and defense operations. This technology facilitates real-time data exchange, enabling advanced situational awareness, autonomous systems, and secure, high-throughput communication, making 5G NTN a crucial enabler for innovation and efficiency in the aerospace and defense domain.
 

North America dominated the global 5G NTN market with a major share of around 35% in 2023. North America 5G Non-Terrestrial Network (NTN) industry is flourishing due to a combination of factors. The region boasts advanced technological infrastructure and a robust ecosystem of aerospace and defense industries, driving the demand for innovative communication solutions. With a focus on cutting-edge technologies, North America is at the forefront of 5G NTN development and deployment. Additionally, the vast geography, including remote and underserved areas, presents opportunities for satellite-based 5G solutions. Strategic partnerships between telecommunications companies, technology providers, and government agencies further contribute to the thriving 5G NTN ecosystem in North America, positioning the region as a leader in this transformative industry.
 

5G NTN Market Share

Mediatek and Qualcomm Technologies hold a significant market share of over 15% in the 5G NTN industry. Qualcomm Technologies Q has a strong focus on innovation in chipsets and technologies. The company continues to invest in research and development to create cutting-edge 5G chipsets that support both terrestrial and non-terrestrial networks. Advancements in chip design, energy efficiency, and integration of multiple wireless technologies could be key areas of focus.
 

MediaTek focus on expanding its product portfolio to offer a diverse range of chipsets that cater to 5G NTN requirements. This could include chipsets optimized for satellite communication, high-altitude platforms, and other non-terrestrial network elements.
 

5G NTN Market Companies

Major players operating in the 5G NTN industry are:

• Anritsu Corporation
• Echostar Corporation
• Ericsson
• Intelsat
• Keysight Technologies
• Mediatek
• Qualcomm Technologies
• Rohde & Schwarz
• Softbank Group
• Thales Group
• ZTE Corporation
   

5G NTN Industry News

• In October 2023, during the India Mobile Congress (IMC) 2023, MediaTek, a fabless semiconductor company, presented its newest technological advancements across various portfolios such as Dimensity, Filogic, Genio, Kompanio, Pentonic, and Dimensity Auto. The spotlight was on MediaTek's Dimensity Auto platform, designed to shape the future of intelligent, consistently connected vehicles by offering substantial computing power and a comprehensive range of technologies. The exhibition featured a diverse array of devices powered by MediaTek, showcasing the company's influence across various industries and its collaborations with major global brands.
   
• In August 2023, Viavi Solutions Inc.  announced the availability of base station and end-to-end testing supporting Non-Terrestrial Networks (NTN) and High-Altitude Platforms (HAPs) for 5G and 6G satellite communication. The VIAVI TM500 and TeraVM test platforms validate the conformance, performance, and reliability of gNodeBs and entire networks under the unique service link conditions of NTN and HAPs networks.
   

5G NTN market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:

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Market, By Component

• Hardware
• Software
• Services

Market, By Platform

• UAS platform
• LEO satellite
• MEO satellite
• GEO satellite

Market, By Application

• Enhanced Mobile Broadband (EMBB)
• Ultra Reliable and Low Latency Communications (URLCC)
• Massive Machine-Type Communications (MMTC)

Market, By Location

• Urban
• Rural
• Remote
• Isolated

Market, By End-Use

• Maritime
• Aerospace & defense
• Government
• Mining
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA