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.
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 Stakeholders
- The study provides an 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.
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Key Market Segments
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
By Component
- Hardware
- Solution
- Service
By Region
- North 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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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: 5G NTN MARKET, BY COMPONENT
CHAPTER 5: 5G NTN MARKET, BY APPLICATION
CHAPTER 6: 5G NTN MARKET, BY END USER
CHAPTER 7: 5G NTN MARKET, BY LOCATION
CHAPTER 8: 5G NTN MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
The 5G NTN Market is likely to experience a significant growth rate of 40.6% from 2023-2032 owing to increasing market demand for enhanced mobile broadband (EMBB) applications5G 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.
The development of the 5G NTN industry is primarily driven by improvements made by the 3GPP to NTN connection and integration. The Third Generation Connectivity Programme (3GPP) is the company that develops and upholds telecommunications standards. The connection of 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 fundamental 5G capabilities driving the market's rise. Additionally, the increasing deployment of 5G devices and the rising demand for data-intensive applications and services are the two key factors propelling market advancement. Furthermore, by integrating 5G technology with non-terrestrial communications infrastructure, like satellites or high-altitude sites, the expanding data needs of diverse applications and services may be met. High-quality video content and expanding streaming capacity are driving up demand for high-speed connectivity and dependability. Faster download and streaming rates are available on 5G NTN networks, which also permit smooth streaming of 8K and 4K video content. Additionally, to gather insights and make wise judgements, big data analytics and AI algorithms are frequently used in data-intensive applications.
The market also provides growth opportunities for key players in the market. The increased importance of NTN in the evolution to 5G and 6G presents a huge opportunity for the 5G NTN industry. Ground connectivity can provide extension and connectivity in areas where there is little or no ground infrastructure. Remote rural areas and harsh environments such as mountains, deserts and oceans can benefit from the NTN for high-speed data services. By extending coverage, the NTN helps bridge the digital divide and ensures connectivity in an underserved area. In addition, NTN’s integration into 5G and 6G networks has the potential to significantly increase their capacity. Thus, the growing need for NTN to move to 5G and 6G offers significant opportunities for the expansion of the global 5G NTN market during the forecast period.
The 5G NTN market are 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. Region wise, it is analyzed across North America (the U. S., and Canada), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study are Qualcomm Technologies, Inc., Thales, ZTE Corporation, Rohde & Schwarz, MediaTek Inc., Nokia, Telefonaktiebolaget LM Ericsson, Intelsat, Spirent Communications, and Keysight Technologies. The players in the market have been actively engaged in the adoption various strategies such as collaboration, product launch, and partnership to remain competitive and gain advantage over the competitors in the market. For instance, in December 2022, E-Space, a France-based global space company, signed a definitive agreement to acquire CommAgility for an undisclosed amount. With the acquisition, CommAgility's specialized 3GPP 5G NTN (Non-Terrestrial Networks) source code was integrated into E-Space's vertically integrated capabilities, which allowed E-Space to innovate more quickly in the areas of 5G NTN, 5G-Advanced, and 6G, as well as more quickly develop satellite payloads and customer use cases and continuously improve its space-based connectivity solutions. Moreover, in June 2023, Qualcomm Technologies, Inc. launched two modem chipsets with satellite capability: the Qualcomm® 212S Modem and the Qualcomm® 9205S Modem. The new Qualcomm® modem chipsets power off-grid industrial use cases that require standalone non-terrestrial network (NTN) connectivity or hybrid connectivity alongside terrestrial networks, and allow IoT enterprises, developers, ODMs, and OEMs to harness real-time information and insights to manage business projects. Therefore, such strategies helped to support the growth of the 5G NTN market.
Key Market Insights
By component, the solution segment was the highest revenue contributor to the market, and is estimated to reach $36.44 billion by 2032, with a CAGR of 37.6%. However, the service segment is estimated to be the fastest growing segment with the CAGR of 46.9% during the forecast period.By application, the enhanced mobile broadband (EMBB)segment dominated the global market, and is estimated to reach $35.03 billion by 2032, with a CAGR of 37.3%. However, the massive machine-type communications (MMTC) segment is expected to be the fastest growing segment with the CAGR of 44.5% during the forecast period.
By end user, the maritime segment dominated the global market, and is estimated to reach $25.73 billion by 2032, with a CAGR of 36.7%. However, the small and aerospace and defense segment is expected to be the fastest growing segment with the CAGR of 27.9% during the forecast period.
By location, the remote segment dominated the global market, and is estimated to reach $44.25 billion by 2032, with a CAGR of 43.3%. However, the same segment is expected to be the fastest growing segment during the forecast period.
Based on region, North America was the highest revenue contributor, accounting for $1.25 billion in 2022, and is estimated to reach $30.18 billion by 2032, with a CAGR of 37.7%.
Companies Mentioned
- Intelsat
- Keysight Technologies
- MediaTek Inc.
- Nokia
- Qualcomm Technologies, Inc.
- Rohde & Schwarz
- Spirent Communications
- Telefonaktiebolaget LM Ericsson
- Thales
- ZTE Corporation.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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