Global 5G NTN Market 2024-2028
The 5g NTN market is forecasted to grow by USD 18347.83 mn during 2023-2028, accelerating at a CAGR of 39.19% during the forecast period. The report on the 5g NTN market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for data-intensive services and applications, surging demand for high-speed, low-latency connectivity, and increased expansion of mobile broadband services.
Technavio's 5g NTN market is segmented as below:
By Component
By Application
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the integration with existing mno networks as one of the prime reasons driving the 5g NTN market growth during the next few years. Also, software-centric approach and unmodified devices and integration with terrestrial networks will lead to sizable demand in the market.
The report on the 5g NTN market covers the following areas:
- 5g NTN market sizing
- 5g NTN market forecast
- 5g NTN market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 5g NTN market vendors that include Amazon.com Inc., Anritsu Corp., Avanti Hylas 2 Ltd., EchoStar Corp., Eutelsat Communications S.A., GateHouse Holding AS, Inmarsat Global Ltd., Intelsat US LLC, Iridium Communications Inc., Keysight Technologies Inc., NELCO Ltd., Nokia Corp., Rohde and Schwarz GmbH and Co. KG, SES SA, Space Exploration Technologies Corp., Spirent Communications plc, Telesat Corp., Thales Group, ZTE Corp., and Qualcomm Inc.. Also, the 5g NTN market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.