5G NTN Market Report 2025

The 5G NTN market size has grown exponentially in recent years. It will grow from $3.66 billion in 2024 to $4.96 billion in 2025 at a compound annual growth rate (CAGR) of 35.7%. The growth in the historic period can be attributed to mobile data traffic surge, demand for enhanced mobile broadband (EMBB), IoT and smart devices proliferation, global standardization efforts, emergence of edge computing.

The 5G NTN market size is expected to see exponential growth in the next few years. It will grow to $17.01 billion in 2029 at a compound annual growth rate (CAGR) of 36.1%. The growth in the forecast period can be attributed to industry-specific use cases, massive machine type communication (MMTC), integration with satellite networks, advancements in network slicing, commercialization of private 5g networks. Major trends in the forecast period include satellite integration with 5g networks, leveraging high-altitude platforms (haps), advancements in edge computing, emergence of low earth orbit (LEO) satellite constellations, industry-specific deployments.

The anticipated growth in the 5G NTN (Non-Terrestrial Network) market is closely tied to the proliferation of connected devices. Connected devices, which refer to appliances interacting over the Internet, are expected to experience a surge, contributing to the expansion of the 5G NTN market. The technology behind 5G NTN offers accelerated download and upload speeds, reduced latency, and greater capacity compared to earlier generations of mobile networks, making it particularly suitable for handling numerous connected devices. For example, in January 2023, a report by the National Association of Insurance Commissioners in the United States projected a significant increase in connected devices entering IoT platforms, with their value expected to reach $13.3 billion by 2025. The report indicated a substantial rise in connected devices in 2021, and the number was predicted to reach 500 million by the close of 2022. As a result, the upswing in connected devices is a driving force behind the growth of the 5G NTN market.

The growing demand within the aerospace industry is anticipated to contribute significantly to the expansion of the 5G NTN market. The aerospace sector encompasses the design, development, production, and maintenance of aircraft and spacecraft. The implementation of 5G NTN in the aerospace industry enhances connectivity, data transfer speeds, and overall operational capabilities, leading to advancements in safety, efficiency, and innovation across various aerospace applications. For instance, a report from Cadrex, a US-based company, indicates that aerospace industry revenue reached $741 billion in 2022, reflecting a 3% increase from 2021. This increasing demand within the aerospace industry is a significant contributor to the growth of the 5G NTN market.

Major players dedicated to creating innovative products to fortify their market standing. In February 2023, Samsung, a leading South Korean mobile device manufacturer, introduced a secure and standardized 5G non-terrestrial network, aiming to enhance service interoperability and scalability for global telecom operators, mobile device manufacturers, and chip manufacturers. Samsung plans to integrate this NTN technology into its Exynos modem solutions, expediting the commercialization of 5G satellite communications and paving the way for the Internet of Everything (IoE) powered by 6G.

Key companies in the 5G NTN market are strategically forming partnerships to boost their revenues. These partnerships involve collaborative alliances between independent entities to achieve shared objectives and mutual benefits. For instance, in August 2022, Taiwan-based semiconductor company MediaTek Corporation partnered with Germany-based Rohde & Schwarz GmbH & Co. KG. Through this collaboration, MediaTek aims to validate the industry's first 3GPP Rel. 17 NTN NB-IoT protocol conformance test cases, enabling the development of a new class of 5G standalone devices, such as edge-AI, logistics, industrial sensors for 5G smart factories, and always-connected wearables.

In December 2022, E-Space, a France-based global space company, finalized an agreement to acquire CommAgility for an undisclosed amount. This acquisition integrates CommAgility's specialized 3GPP 5G NTN source code into E-Space's vertically integrated capabilities, enabling quicker innovation in 5G NTN, 5G-Advanced, and 6G. It also facilitates the rapid development of satellite payloads and customer use cases, enhancing E-Space's space-based connectivity solutions. CommAgility, the UK-based developer of embedded signal processing and RF modules for 4G and 5G mobile networks, is now part of this strategic move.

Major companies operating in the 5G NTN market include Anritsu Corporation, AST and Science LLC, GateHouse SatCom A/S, Globalstar Inc., Gilat Satellites Network, EchoStar Corporation, Media Tek Inc., Nelco Limited, Inmarsat Global Limited, Nokia Corporation, OneWeb Network Access Associates Limited, Qualcomm Technologies Inc., Intelsat LLC, Rhode and Schwarz GmbH, Keysight Technologies Inc., Omnispace LLC, Telefonaktiebolaget LM Ericsson, Thales Group, SoftBank Group Corporation, SES S.A., ZTE Corporation, Spirent Communications, BAE Systems plc, Cobham plc, General Dynamics Corporation, Harris Corporation, Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Safran S.A., Airbus SE, Boeing Company.

North America was the largest region in the 5G NTN market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global 5G NTN market report during the forecast period. The regions covered in the 5g ntn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the 5g ntn market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A 5G non-terrestrial network (NTN) is a wireless communication system utilizing satellites, drones, or other aerial platforms to deliver high-speed internet and diverse communication services. Operating in space or the upper atmosphere, 5G NTN ensures global coverage and enhanced capacity.

The essential components of 5G NTN encompass hardware, solutions, and services. Hardware refers to both internal and external devices and machinery enabling crucial functions such as input, output, storage, communication, and processing. This operates across various platforms, including UAS (Unmanned Aerial System), LEO (Low Earth Orbit) platform, GEO (Geostationary Earth Orbit) platform, and MEO (Medium Earth Orbit) platform, catering to applications such as Enhanced Mobile Broadband (EMBB), Ultra-Reliable Low Latency Communication (URLLC), and Massive Machine Type Communication (MMTC). These applications find utility in end-users such as maritime, aerospace and defense, government, mining, and various other sectors.

The 5G NTN market research report is one of a series of new reports that provides 5G NTN optical components market statistics, including 5G NTN optical components industry global market size, regional shares, competitors with a 5G NTN optical components market share, detailed 5G NTN optical components market segments, market trends and opportunities, and any further data you may need to thrive in the 5G NTN optical components industry. This 5G NTN optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The 5G NTN market includes revenues earned by entities by services such as computer networking, broadcasting, systems design services, and information distribution technologies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The 5G NTN market consists of sales of 5G networks, including 3GPP, GEO, MEO, LEO, and HAPS. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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