Product Code: GVR-4-68040-441-2
5G NTN Market Size & Trends:
The global 5G NTN market size was valued at USD 5.76 billion in 2023 and is expected to grow at a CAGR of 33.5% from 2024 to 2030. The rising adoption of a software-centric approach is a significant factor contributing to the growth of the market. This strategy allows for greater flexibility and scalability in network management, enabling operators to rapidly deploy new services and adapt to changing market demands. By leveraging software-defined networking (SDN) and network functions virtualization (NFV), providers can enhance network performance and reduce operational costs, making 5G NTN solutions more attractive to various sectors, including enterprise and government.
Another critical trend contributing to the growth of the 5G NTN market is the need to address extreme coverage extension. Traditional terrestrial networks often struggle to provide consistent and reliable connectivity in remote or underserved areas. The deployment of NTNs via satellites or high-altitude platforms allows for broader and more reliable coverage, overcoming the limitations of terrestrial infrastructure. This expansion is particularly important for delivering 5G services to rural communities, maritime regions, and other challenging environments, thereby enhancing global connectivity.
The 3GPP evolution towards NTN interworking and integration is also a significant driver of market growth. The 3rd Generation Partnership Project (3GPP) has been advancing standards that facilitate the seamless integration of terrestrial and non-terrestrial networks. This interoperability ensures that users experience consistent, high-quality service across different network types, enhancing the user experience and broadening the appeal of 5G NTN solutions. This evolution not only simplifies network management but also promotes a unified ecosystem that supports diverse applications, from consumer connectivity to mission-critical communications.
Furthermore, the growing demand for the Internet of Things (IoT) is accelerating the adoption of 5G NTN technologies. IoT applications require ubiquitous, reliable, and high-capacity connectivity to function effectively, and NTNs are well-positioned to meet these requirements. With the proliferation of IoT devices in sectors such as agriculture, logistics, and smart cities, the demand for networks that can provide seamless and widespread coverage is rising. This trend is pushing operators to explore NTNs as a viable solution for extending 5G coverage to areas where traditional networks fall short.
NTNs, which include satellites, high-altitude Platforms, and other non-ground-based systems, are poised to play a crucial role in delivering high-speed, low-latency communication to remote and underserved regions. As 5G technology evolves, the integration of NTNs can enhance network coverage, support IoT deployments, and bridge connectivity gaps in rural and isolated areas. This expansion is anticipated to unlock new revenue streams for service providers, stimulate innovation in satellite and aerospace technologies, and drive growth in applications ranging from smart agriculture and disaster response to global enterprise connectivity. With investments in satellite constellations and advanced Non-terrestrial network (NTN) solutions, the market is set for robust growth, offering substantial opportunities for industry players to capitalize on the evolving landscape of global communications.
Global 5G NTN Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the home 5G NTN market based on component, platform, location, application, end-use, and region:
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Services
- Platform Outlook (Revenue, USD Million, 2018 - 2030)
- UAS Platform
- LEO Satellite
- MEO Satellite
- GEO Satellite
- Location Outlook (Revenue, USD Million, 2018 - 2030)
- Urban
- Rural
- Remote
- Isolated
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Enhanced Mobile Broadband (EMBB)
- Ultra Reliable and Low Latency Communications (URLCC)
- Massive Machine-Type Communications (MMTC)
- End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Maritime
- Aerospace & Defense
- Government
- Mining
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa (MEA)
- UAE
- Kingdom of Saudi Arabia (KSA)
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Challenge Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. 5G NTN Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. 5G NTN Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. 5G NTN Market: Component Movement Analysis, USD Million, 2023 & 2030
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. 5G NTN Market: Platform Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. 5G NTN Market: Platform Movement Analysis, USD Million, 2023 & 2030
- 5.3. UAS Platform
- 5.3.1. UAS Platform Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. LEO Satellite
- 5.4.1. LEO Satellite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. MEO Satellite
- 5.5.1. MEO Satellite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. GEO Satellite
- 5.6.1. GEO Satellite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. 5G NTN Market: Location Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. 5G NTN Market: Location Movement Analysis, USD Million, 2023 & 2030
- 6.3. Urban
- 6.3.1. Urban Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Rural
- 6.4.1. Rural Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Remote
- 6.5.1. Remote Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Isolated
- 6.6.1. Isolated Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. 5G NTN Market: Application Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. 5G NTN Market: Application Movement Analysis, USD Million, 2023 & 2030
- 7.3. Enhanced Mobile Broadband (EMBB)
- 7.3.1. Enhanced Mobile Broadband (EMBB) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Ultra Reliable and Low Latency Communications (URLCC)
- 7.4.1. Ultra Reliable and Low Latency Communications (URLCC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Massive Machine-Type Communications (MMTC)
- 7.5.1. Massive Machine-Type Communications (MMTC) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. 5G NTN Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. 5G NTN Market: End Use Movement Analysis, USD Million, 2023 & 2030
- 8.3. Maritime
- 8.3.1. Maritime Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Aerospace & Defense
- 8.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Government
- 8.5.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Mining
- 8.6.1. Mining Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Others
- 8.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. 5G NTN Market: Regional Estimates & Trend Analysis
- 9.1. 5G NTN Market Share, By Region, 2023 & 2030, USD Million
- 9.2. North America
- 9.2.1. North America 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4.3. India
- 9.4.3.1. India 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4.4. Japan
- 9.4.4.1. Japan 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.6. Middle East & Africa
- 9.6.1. Middle East & Africa 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.6.2. The Kingdom of Saudi Arabia (KSA)
- 9.6.2.1. The Kingdom of Saudi Arabia (KSA) 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.6.3. UAE
- 9.6.3.1. UAE 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Arica
- 9.6.4.1. South Africa 5G NTN Market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis by Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Market Positioning
- 10.4. Company Market Share Analysis
- 10.5. Company Heat Map Analysis
- 10.6. Strategy Mapping
- 10.6.1. Expansion
- 10.6.2. Mergers & Acquisition
- 10.6.3. Partnerships & Collaborations
- 10.6.4. New Product Launches
- 10.6.5. Research And Development
- 10.7. Company Profiles
- 10.7.1. Thales
- 10.7.1.1. Participant's Overview
- 10.7.1.2. Financial Performance
- 10.7.1.3. Product Benchmarking
- 10.7.1.4. Recent Developments
- 10.7.2. Echostar Corporation
- 10.7.2.1. Participant's Overview
- 10.7.2.2. Financial Performance
- 10.7.2.3. Product Benchmarking
- 10.7.2.4. Recent Developments
- 10.7.3. Qualcomm Technologies, Inc.
- 10.7.3.1. Participant's Overview
- 10.7.3.2. Financial Performance
- 10.7.3.3. Product Benchmarking
- 10.7.3.4. Recent Developments
- 10.7.4. MediaTek Inc.
- 10.7.4.1. Participant's Overview
- 10.7.4.2. Financial Performance
- 10.7.4.3. Product Benchmarking
- 10.7.4.4. Recent Developments
- 10.7.5. Keysight Technologies
- 10.7.5.1. Participant's Overview
- 10.7.5.2. Financial Performance
- 10.7.5.3. Product Benchmarking
- 10.7.5.4. Recent Developments
- 10.7.6. Anritsu Corporation
- 10.7.6.1. Participant's Overview
- 10.7.6.2. Financial Performance
- 10.7.6.3. Product Benchmarking
- 10.7.6.4. Recent Developments
- 10.7.7. Intelsat
- 10.7.7.1. Participant's Overview
- 10.7.7.2. Financial Performance
- 10.7.7.3. Product Benchmarking
- 10.7.7.4. Recent Developments
- 10.7.8. Telefonaktiebolaget LM Ericsson
- 10.7.8.1. Participant's Overview
- 10.7.8.2. Financial Performance
- 10.7.8.3. Product Benchmarking
- 10.7.8.4. Recent Developments
- 10.7.9. Softbank Group
- 10.7.9.1. Participant's Overview
- 10.7.9.2. Financial Performance
- 10.7.9.3. Product Benchmarking
- 10.7.9.4. Recent Developments
- 10.7.10. ZTE Corporation
- 10.7.10.1. Participant's Overview
- 10.7.10.2. Financial Performance
- 10.7.10.3. Product Benchmarking
- 10.7.10.4. Recent Developments