5G NTN Market By Component (Hardware, Solution, Service), By Application (Enhanced Mobile Broadband (EMBB), Ultra Reliable and Low Latency Communications (URLCC), Massive Machine-Type Communications (MMTC)), By End User (Maritime, Aerospace and Defense, Government, Mining, Others), By Location (Urban, Rural, Remote, Isolated): Global Opportunity Analysis and Industry Forecast, 2023-2032
5G NTN is an integrated solution between satellite networks and terrestrial cellular networks that complies with 3GPP standards to facilitate the segmentation of terminals and applications, reduces the cost of satellite connections, and achieves the coverage of the sky and sea level.
3GPP upgrades to NTN connectivity and integration are key drivers for the growth of the 5G NTN market. The 3rd generation connectivity program (3GPP) is an organization that develops and maintains standards for telecommunications. Combining terrestrial networks with non-terrestrial networks (NTNs), such as HAPS flying in the stratosphere or satellites in low Earth orbit (LEO) or geostationary equatorial orbit (GEO), is one of the new 5G capabilities that is boosting the growth of the market. Moreover, increasing adoption of 5G devices and increasing demand for data-intensive applications and services are the major market growth drivers. However, doppler frequency shift due to mobility issues is a major market restraining factor the development process. Doppler shifts caused by user or vehicle motion can cause signal distortion, smoothing, and increased bit error rates. These effects degrade the received signals and affect the overall communication performance. Unreliable signals can hinder the rollout and deployment of 5G NTN networks, especially in applications that require consistent and stable connectivity. Contrarily, the evolution of NTN’s needs towards 5G and 6G presents significant opportunities for the 5G NTN industry. Ground connectivity can provide extension and connectivity in areas where there is little or no ground infrastructure. remote and harsh rural areas such as mountain deserts and oceans can benefit from NTN for high-speed data services. By extending coverage, NTN helps bridge the digital divide and ensure connectivity in underserved areas.
The 5G NTN market is segmented on the basis of component, application, end user, location and region. On the basis of component, it is categorized into hardware, solution, and service. On the basis of application, it is divided into near enhanced mobile broadband (EMBB), ultra reliable and low latency communications (URLCC), and massive machine-type communications (MMTC). On the basis of end user, it is classified into maritime, aerospace and defense, government, mining, and others. On the basis of location, it is categorized into urban, rural, remote, and isolated. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the 5G NTN market such as Qualcomm Technologies, Inc., Thales, ZTE Corporation, Rohde & Schwarz, MediaTek Inc., Nokia, Telefonaktiebolaget LM Ericsson, Intelsat, Spirent Communications, and Keysight Technologies. These players have adopted various strategies to increase their market penetration and strengthen their position in the 5G NTN market.
Key Benefits for StakeholdersThe study provides in-depth analysis of the global 5G NTN market along with the current & future trends to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the global 5G NTN market size is provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global 5G NTN market from 2022 to 2032 is provided to determine the market potential.
Key Market SegmentsBy ApplicationEnhanced Mobile Broadband (EMBB)
Ultra Reliable and Low Latency Communications (URLCC)
Massive Machine-Type Communications (MMTC)
By End UserMaritime
Aerospace and Defense
Government
Mining
Others
By LocationUrban
Rural
Remote
Isolated
By ComponentHardware
Solution
Service
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Intelsat
Keysight Technologies
MediaTek Inc.
Nokia
Qualcomm Technologies, Inc.
Rohde & Schwarz
Spirent Communications
Telefonaktiebolaget LM Ericsson
Thales
ZTE Corporation.
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