5G NTN Market by Offering (Hardware, Software, and Services), End-Use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (EMBB, URLLC, MMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2029

5G NTN Market by Offering (Hardware, Software, and Services), End-Use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (EMBB, URLLC, MMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2029

The 5G NTN market is estimated at USD 7.2 billion in 2024 to USD 31.7 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 34.7%. The 5G NTN industry is being driven by the surge in consumer electronics. The need for pervasive connection is growing as more people embrace 5G-enabled smartphones, tablets, and other gadgets. To fill the need, 5G NTN provides high-speed internet connection even in rural locations. The 5G NTN market is expected to develop significantly due to this enhanced coverage, which opens up a whole new universe of consumer applications and services.

“The GEO satellite segment is expected to hold the largest market size during the forecast period.” The 5G NTN GEO satellite market capitalizes on its distinct advantages. GEO satellites provide wide-ranging and reliable coverage from their high equatorial position, making them perfect for remote asset monitoring and marine communications. When launching new satellite constellations, the initial investment costs are higher when using existing infrastructure. However, since they are farther away from customers, GEO satellites have higher latency, which makes them less suitable for real-time applications. They perform particularly well in applications where wide coverage is more important than low latency, including in-flight internet services and distant sensor data backhauling. Notwithstanding the growing importance of competing satellite technologies, the distinct capabilities of GEO satellites continue to meet particular demands as the market changes.

“The services segment to register the fastest growth rate during the forecast period.”

The 5G NTN market for services is experiencing explosive growth driven by the increasing demand for ubiquitous connectivity. This demand stems from businesses seeking seamless global coverage for remote operations and data exchange, governments striving to bridge the digital divide in underserved regions, and consumers hungry for uninterrupted high-speed internet access everywhere. The 5G NTN service market offers a range of solutions to address these needs. These include network connectivity services that provide access to 5G NTN infrastructure, ensuring users stay connected even in remote locations. Additionally, deployment services are crucial for planning, installing, and managing 5G NTN networks, ensuring they reach their full potential. This combination of services is fueling rapid expansion in the 5G NTN market, fostering a future of truly global and uninterrupted connectivity.

“Asia Pacific's highest growth rate during the forecast period.”

In the rapidly evolving 5G NTN market across Asia-Pacific, significant strides are being made by innovative developments and strategic investments. China, South Korea, and India are the major revenue-contributing countries in the Asia Pacific. These countries have shown a significant rise in smart device users. According to the Ericsson Mobility Report published in June 2022, with the rising adoption of 5G smartphones in Asian countries, 5G subscriptions are expected to reach around 50 million by the end of 2023. The large population in Asia Pacific has created an extensive pool of mobile subscribers for telecom companies. The region is the largest contributor to the total number of mobile subscribers across the globe and will add more subscribers to its network in the coming years. Improving public safety in disasters and other emergencies can also be a major driver in adopting 5G NTN solutions in this region. The Asia Pacific region is witnessing a surge in smart infrastructures, such as smart city projects, creating a greater demand for public safety and security technologies such as surveillance systems, scanning and screening systems, and critical communication networks. Various industries such as aerospace, maritime, defense, and others are adopting integrated 5G network and satellite-based solutions to enhance network coverage in diverse locations. In the marine industry, maritime satellite technology has been adopted to leverage advanced communication networks to establish communication with employees working at remote offshore locations.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the 5G NTN market.

By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%

By Designation: C-level –35%, D-level – 25%, and Others – 40%

By Region: North America – 30%, Europe – 35%, Asia Pacific – 25%, RoW- 10%,

The major players in the 5G NTN market include Qualcomm Technologies Inc (US), SoftBank Group Corporation (Japan), Thales Group (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), SES S.A. (Luxembourg), EchoStar Corporation (US), SpaceX (US), AST SpaceMobile (US), ZTE Corporation (China), GateHouse SatCom (Denmark), OneWeb (UK), Omnispace LLC (US), Nelco (India), Skylo Technologies (US), Globalstar Inc (US), Spirent Communications (UK), Ericsson (Sweden), Nokia Corporation (Finland), Telefonica S.A. (Spain), Viasat Inc, (US), Telesat (Canada), Kuiper Systems (US), Sateliot (Spain), VIAVI Solutions (US), Radisys (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their 5G NTN market footprint.

Research Coverage

The market study covers the 5G NTN market size across different segments. It aims at estimating the market size and the growth potential across different segments, including By offering (hardware, software, services), by platform (UAS, LEO Satellite, MEO satellite, GEO satellite), By application (eMBB, mMTC, URLLC), by end-use Industry (maritime, aerospace & defense, government, mining, other end-use industries) by vertical ( urban, rural, remote, isolated) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the global 5G NTN market’s revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

1. Analysis of key drivers (Adoption of software-centric approach, Need to address extreme coverage extension, 3GPP evolution toward NTN interworking and integration, Growing demand for IoT), restraints (Need for radio components to be grounded, Regulatory constraints), opportunities (Impact of NR-NTN integration on 5G connectivity, Need for NTN in the evolution toward 5G and 6G, 5G NB-IoT NTN to contribute to global high speed), and challenges (Signal interception, Propagation delay and low latency due to great distance between satellites and terrestrial user equipment) influencing the growth of the 5G NTN market.

2. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the 5G NTN market.

3. Market Development: The report provides comprehensive information about lucrative markets, analyzing the 5G NTN market across various regions.

4. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 5G NTN market.

5. Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading include Qualcomm Technologies Inc (US), SoftBank Group Corporation (Japan), Thales Group (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), SES S.A. (Luxembourg), EchoStar Corporation (US), SpaceX (US), AST SpaceMobile (US), ZTE Corporation (China), GateHouse SatCom (Denmark), OneWeb (UK), Omnispace LLC (US), Nelco (India), Skylo Technologies (US), Globalstar Inc (US), Spirent Communications (UK), Ericsson (Sweden), Nokia Corporation (Finland), Telefonica S.A. (Spain), Viasat Inc, (US), Telesat (Canada), Kuiper Systems (US), Sateliot (Spain), VIAVI Solutions (US), Radisys (US).

List of Tables

Table 1 Usd Exchange Rates, 2020–2023

Table 2 Market Forecast

Table 3 Average Selling Price Trend Of Key Players, By Hardware (Usd)

Table 4 Indicative Pricing Analysis Of 5g Ntn, By Service (Usd)

Table 5 5g Ntn Market: Role Of Players In Market Ecosystem

Table 6 Export Scenario For Hs Code: 851761, By Country,

2021–2023 (Usd Thousand)

Table 7 Import Scenario For Hs Code: 851761, By Country,

2021–2023 (Usd Thousand)

Table 8 5g Ntn Market: Detailed List Of Conferences & Events, 2024–2025

Table 9 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 10 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 11 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 12 Middle East & Africa: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 13 Latin America: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 14 Impact Of Porter’s Five Forces On 5g Ntn Market

Table 15 Influence Of Stakeholders On Buying Process For Key Locations

Table 16 Key Buying Criteria

Table 17 5g Ntn Market, By Offering, 2023–2029 (Usd Million)

Table 18 Hardware: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 19 Software: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 20 5g Ntn Market, By Service, 2023–2029 (Usd Million)

Table 21 Services: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 22 Deployment Services: 5g Ntn Market, By Region,

2023–2029 (Usd Million)

Table 23 Connectivity Services: 5g Ntn Market, By Region,

2023–2029 (Usd Million)

Table 24 5g Ntn Market, By Platform, 2023–2029 (Usd Million)

Table 25 Uas Platform: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 26 Leo Satellite: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 27 Meo Satellite: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 28 Geo Satellite: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 29 5g Ntn Market, By Application, 2023–2029 (Usd Million)

Table 30 Embb: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 31 Mmtc: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 32 Urllc: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 33 5g Ntn Market, By End-use Industry, 2023–2029 (Usd Million)

Table 34 Maritime: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 35 Aerospace & Defense: 5g Ntn Market, By Region,

2023–2029 (Usd Million)

Table 36 Government: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 37 Mining: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 38 Other End-use Industries: 5g Ntn Market, By Region,

2023–2029 (Usd Million)

Table 39 5g Ntn Market, By Location, 2023–2029 (Usd Million)

Table 40 Urban: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 41 Rural: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 42 Remote: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 43 Isolated: 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 44 5g Ntn Market, By Region, 2023–2029 (Usd Million)

Table 45 North America: 5g Ntn Market, By Offering, 2023–2029 (Usd Million)

Table 46 North America: 5g Ntn Market, By Service, 2023–2029 (Usd Million)

Table 47 North America: 5g Ntn Market, By Platform, 2023–2029 (Usd Million)

Table 48 North America: 5g Ntn Market, By End-use Industry,

2023–2029 (Usd Million)

Table 49 North America: 5g Ntn Market, By Application, 2023–2029 (Usd Million)

Table 50 North America: 5g Ntn Market, By Location, 2023–2029 (Usd Million)

Table 51 North America: 5g Ntn Market, By Country, 2023–2029 (Usd Million)

Table 52 Europe: 5g Ntn Market, By Offering, 2023–2029 (Usd Million)

Table 53 Europe: 5g Ntn Market, By Service, 2023–2029 (Usd Million)

Table 54 Europe: 5g Ntn Market, By Platform, 2023–2029 (Usd Million)

Table 55 Europe: 5g Ntn Market, By End-use Industry, 2023–2029 (Usd Million)

Table 56 Europe: 5g Ntn Market, By Application, 2023–2029 (Usd Million)

Table 57 Europe: 5g Ntn Market, By Location, 2023–2029 (Usd Million)

Table 58 Europe: 5g Ntn Market, By Country, 2023–2029 (Usd Million)

Table 59 Asia Pacific: 5g Ntn Market, By Offering, 2023–2029 (Usd Million)

Table 60 Asia Pacific: 5g Ntn Market, By Service, 2023–2029 (Usd Million)

Table 61 Asia Pacific: 5g Ntn Market, By Platform, 2023–2029 (Usd Million)

Table 62 Asia Pacific: 5g Ntn Market, By End-use Industry,

2023–2029 (Usd Million)

Table 63 Asia Pacific: 5g Ntn Market, By Application, 2023–2029 (Usd Million)

Table 64 Asia Pacific: 5g Ntn Market, By Location, 2023–2029 (Usd Million)

Table 65 Asia Pacific: 5g Ntn Market, By Country, 2023–2029 (Usd Million)

Table 66 Middle East & Africa: 5g Ntn Market, By Offering,

2023–2029 (Usd Million)

Table 67 Middle East & Africa: 5g Ntn Market, By Service,

2023–2029 (Usd Million)

Table 68 Middle East & Africa: 5g Ntn Market, By Platform,

2023–2029 (Usd Million)

Table 69 Middle East & Africa: 5g Ntn Market, By End-use Industry,

2023–2029 (Usd Million)

Table 70 Middle East & Africa: 5g Ntn Market, By Application,

2023–2029 (Usd Million)

Table 71 Middle East & Africa: 5g Ntn Market, By Location,

2023–2029 (Usd Million)

Table 72 Middle East & Africa: 5g Ntn Market, By Region,

2023–2029 (Usd Million)

Table 73 Latin America: 5g Ntn Market, By Offering, 2023–2029 (Usd Million)

Table 74 Latin America: 5g Ntn Market, By Service, 2023–2029 (Usd Million)

Table 75 Latin America: 5g Ntn Market, By Platform, 2023–2029 (Usd Million)

Table 76 Latin America: 5g Ntn Market, By End-use Industry,

2023–2029 (Usd Million)

Table 77 Latin America: 5g Ntn Market, By Application, 2023–2029 (Usd Million)

Table 78 Latin America: 5g Ntn Market, By Location, 2023–2029 (Usd Million)

Table 79 Latin America: 5g Ntn Market, By Country, 2023–2029 (Usd Million)

Table 80 5g Ntn Market: Degree Of Competition

Table 81 Offering Footprint, 2023

Table 82 Location Footprint, 2023

Table 83 Regional Footprint, 2023

Table 84 Detailed List Of Startups/Smes, 2023

Table 85 Competitive Benchmarking Of Key Startups/Smes

Table 86 5g Ntn Market: Product Launches, January 2021–june 2023

Table 87 5g Ntn Market: Deals, January 2021–march 2024

Table 88 Thales: Business Overview

Table 89 Thales: Products/Solutions/Services Offered

Table 90 Thales: Deals

Table 91 Echostar Corporation: Business Overview

Table 92 Echostar Corporation: Products/Solutions/Services Offered

Table 93 Echostar Corporation: Product Launches

Table 94 Echostar Corporation: Deals

Table 95 Echostar Corporation: Contracts

Table 96 Qualcomm: Business Overview

Table 97 Qualcomm: Products/Solutions/Services Offered

Table 98 Qualcomm: Product Launches

Table 99 Qualcomm: Deals

Table 100 Mediatek: Business Overview

Table 101 Mediatek: Products/Solutions/Services Offered

Table 102 Mediatek: Product Launches

Table 103 Mediatek: Deals

Table 104 Spacex: Business Overview

Table 105 Spacex: Products/Solutions/Services Offered

Table 106 Spacex: Product Launches

Table 107 Spacex: Deals

Table 108 Keysight Technologies: Business Overview

Table 109 Keysight Technologies: Products/Solutions/Services Offered

Table 110 Keysight Technologies: Product Launches

Table 111 Keysight Technologies: Deals

Table 112 Gatehouse: Business Overview

Table 113 Gatehouse: Products/Solutions/Services Offered

Table 114 Gatehouse: Deals

Table 115 Softbank Group: Business Overview

Table 116 Softbank Group: Products/Solutions/Services Offered

Table 117 Softbank Group: Product Launches

Table 118 Softbank Group: Deals

Table 119 Rohde & Schwarz: Business Overview

Table 120 Rohde & Schwarz: Products/Solutions/Services Offered

Table 121 Rohde & Schwarz: Deals

Table 122 Ses: Business Overview

Table 123 Ses: Products/Solutions/Services Offered

Table 124 Ses: Deals

Table 125 Zte: Business Overview

Table 126 Zte: Products/Solutions/Services Offered

Table 127 Zte: Product Launches

Table 128 Zte: Deals

Table 129 Maritime Satellite Communication Market, By Component,

2016–2018 (Usd Million)

Table 130 Maritime Satellite Communication Market, By Component,

2019–2025 (Usd Million)

Table 131 Solutions: Maritime Satellite Communication Market, By Region,

2016–2018 (Usd Million)

Table 132 Solutions: Maritime Satellite Communication Market, By Region,

2019–2025 (Usd Million)

Table 133 Services: Maritime Satellite Communication Market, By Region,

2016–2018 (Usd Million)

Table 134 Services: Maritime Satellite Communication Market, By Region,

2019–2025 (Usd Million)

Table 135 Maritime Satellite Communication Market, By Solution,

2016–2018 (Usd Million)

Table 136 Maritime Satellite Communication Market, By Solution,

2019–2025 (Usd Million)

Table 137 Vsat: Maritime Satellite Communication Market, By Region,

2016–2018 (Usd Million)

Table 138 Vsat: Maritime Satellite Communication Market, By Region,

2019–2025 (Usd Million)

Table 139 Maritime Satellite Communication Market, By Service,

2016–2018 (Usd Million)

Table 140 Maritime Satellite Communication Market, By Service,

2019–2025 (Usd Million)

Table 141 Maritime Satellite Communication Market, By End User,

2016–2018 (Usd Million)

Table 142 Maritime Satellite Communication Market, By End User,

2019–2025 (Usd Million)

Table 143 Nanosatellite And Microsatellite Market, By Component,

2017–2021 (Usd Million)

Table 144 Nanosatellite And Microsatellite Market, By Component,

2022–2027 (Usd Million)

Table 145 Nanosatellite And Microsatellite Market, By Type,

2017–2021 (Usd Million)

Table 146 Nanosatellite And Microsatellite Market, By Type,

2022–2027 (Usd Million)

Table 147 Nanosatellite And Microsatellite Market, By Organization Size,

2017–2021 (Usd Million)

Table 148 Nanosatellite And Microsatellite Market, By Organization Size,

2022–2027 (Usd Million)

Table 149 Nanosatellite And Microsatellite Market, By Application,

2017–2021 (Usd Million)

Table 150 Nanosatellite And Microsatellite Market, By Application,

2022–2027 (Usd Million)

Table 151 Nanosatellite And Microsatellite Market, By Vertical,

2017–2021 (Usd Million)

Table 152 Nanosatellite And Microsatellite Market, By Vertical,

2022–2027 (Usd Million)

Table 153 Nanosatellite And Microsatellite Market, By Frequency,

2017–2021 (Usd Million)

Table 154 Nanosatellite And Microsatellite Market, By Frequency,

2022–2027 (Usd Million)

List of Figures

Figure 1 5g Ntn Market: Research Design

Figure 2 Market Size Estimation Methodology, Bottom-up (Supply Side): Collective Revenue From Hardware, Software, And Services Of

5g Ntn Market

Figure 3 Market Size Estimation Methodology: Supply-side Analysis (Top-down)

Figure 4 Market Size Estimation Methodology: Demand-side Analysis

Figure 5 Data Triangulation

Figure 6 Limitations

Figure 7 5g Ntn Market, 2024–2029 (Usd Million)

Figure 8 5g Ntn Market, By Region, 2024

Figure 9 Increasing Demand For Internet In Remote And Isolated Areas

To Drive Market Growth

Figure 10 Services Segment To Register Highest Growth Rate During

Forecast Period

Figure 11 Rural Segment Estimated To Lead Market In 2024

Figure 12 Embb Segment To Account For Largest Market By 2029

Figure 13 Maritime To Account For Largest Market By 2029

Figure 14 Geo Satellite To Account For Largest Market By 2024

Figure 15 Hardware And Geo Satellite Segments To Account For Significant Shares In 2024

Figure 16 5g Ntn Market: Drivers, Restraints, Opportunities, And Challenges

Figure 17 Brief History Of 5g Ntn Technology

Figure 18 Trends & Disruptions Impacting Customers’ Businesses

Figure 19 Average Selling Price Trends Of Key Players, By Hardware

Figure 20 5g Ntn Market: Value Chain Analysis

Figure 21 5g Ntn Market: Ecosystem Analysis

Figure 22 List Of Major Patents In 5g Ntn Market

Figure 23 Export Scenario For Hs Code: 851761, By Country,

2021–2023 (Usd Thousand)

Figure 24 Import Scenario For Hs Code: 851761, By Country,

2021–2023 (Usd Thousand)

Figure 25 5g Ntn Market: Porter’s Five Forces Analysis

Figure 26 Influence Of Key Stakeholders On Buying Process For Key Locations

Figure 27 Key Buying Criteria

Figure 28 Investment And Funding Scenario

Figure 29 Services Segment To Grow At Highest Cagr During Forecast Period

Figure 30 Leo Satellite Segment To Grow At Highest Cagr During Forecast Period

Figure 31 Mmtc Segment To Grow At Highest Cagr During Forecast Period

Figure 32 Aerospace & Defense Segment To Grow At Highest Cagr During Forecast Period

Figure 33 Isolated Segment To Grow At Highest Cagr During Forecast Period

Figure 34 5g Ntn Market: Regional Snapshot

Figure 35 5g Ntn Market, By Region, 2024 Vs. 2029 (Usd Million)

Figure 36 North America: 5g Ntn Market Snapshot

Figure 37 Asia Pacific: 5g Ntn Market Snapshot

Figure 38 Historical Revenue Analysis Of Key Players, 2019–2023 (Usd Million)

Figure 39 Share Of Leading Companies In 5g Ntn Market, 2023

Figure 40 Market Ranking Analysis Of Top Five Players

Figure 41 5g Ntn Market: Company Evaluation Matrix (Key Players), 2023

Figure 42 Company Footprint, 2024

Figure 43 5g Ntn Market: Startup/Sme Evaluation Matrix, 2023

Figure 44 Brand/Product Comparison

Figure 45 Company Valuation (Usd Million)

Figure 46 Financial Metrics Of Key 5g Ntn Vendors, 2024

Figure 47 Thales: Company Snapshot

Figure 48 Echostar Corporation: Company Snapshot

Figure 49 Qualcomm: Company Snapshot

Figure 50 Mediatek: Company Snapshot

Figure 51 Keysight Technologies: Company Snapshot

Figure 52 Softbank Group: Company Snapshot

Figure 53 Ses: Company Snapshot

Figure 54 Zte: Company Snapshot