5G NTN Market

Global 5G NTN Market Size (2024 to 2029)

The global 5G NTN market is predicted to reach USD 5.91 billion in 2024 and USD 32.58 billion in 2029, growing at a CAGR of 40.7% during the forecast period.

5G Non-Terrestrial Networks (NTN) refers to using satellites or high-altitude platforms to offer customers 5G wireless access. These networks are being created to overcome the difficulties of delivering connectivity in remote or difficult-to-reach regions where regular terrestrial networks are impractical. 5G NTN is anticipated to offer a variety of advantages, including enhanced coverage and capacity, decreased latency, and higher dependability. It is also anticipated to support various applications, such as Internet of Things (IoT) devices, driverless vehicles, and remote healthcare services. 

MARKET DRIVERS

3GPP growth towards NTN interworking and integration- Integration of terrestrial networks with non-terrestrial networks (NTNs), such as HAPS flying in the stratosphere or satellites in LEO or GEO, is one of the new 5G capabilities that is boosting the demand of the market.

3GPR R17 standard requires NTN functionality. It continues to evolve in 5G-Advanced and has become an integral part of the 3GPR 18 R18 work plan. Future use of direct satellite connection with mobile phones will be widespread in both personal and multiple end-use application industries, significantly expanding the application scope of satellites. Globally, convergence technological innovation is being aggressively pushed, the integration chain is being accelerated, and integration between the cellular satellite sectors is being encouraged. The combination of satellite networks with terrestrial networks will yield substantial benefits. 

5G NB-IoT is contributing to opening the world to high-speed internet- There has never been a more critical time for 5G standards to include satellite-based communication. With 5G NB-IoT NTN specifications, the mobile network and global communications industries will enter a new era. This will allow multiple industries to offer services worldwide through seamless 5G connections, even in remote areas with limited network coverage.  A high-speed connection based in space can significantly help gas, oil, maritime, and agricultural businesses. For example, the shipping industry needs help with connectivity and visibility when container ships cross the ocean. This makes the supply chain unstable and hard to predict. NB-IoT's change to 3GPP’s specifications is meant to help these businesses deal with their current problems because of low TN coverage. These are all set for growth opportunities for the 5G NTN market. 

MARKET RESTRAINTS

Meeting ground station demand- The radio components, including Gnb and relay, must be in space while the core network must be on the ground. This implies that the satellite or airborne platform must, sometimes, be connected to a base station. Determining how far it can travel before losing contact with the ground station is difficult. A satellite’s distance from a ground station before being separated is limited. Hence, many ground stations and satellites must cover a big area. A potential solution for this circumstance is to permit some satellites to interact with the core network via another satellite instead of a ground station. To do this, it would be necessary for the satellites to build relay networks or mesh networks. Indeed, this is theoretically possible, and most satellite communication systems are designed with this in mind. Unfortunately, it would be tough to apply in practice. Such implementation challenges threaten the 5G NTN market's growth and impact ecosystem participants' investments. In addition, difficulty in maintenance and a lack of skilled people are restraining the demand of the 5G NTN market. 

Impact of COVID-19 on the Global 5G NTN Market

It is projected that the rapid of COVID-19 around the globe will cause significant disruption to the supply chain, which will, in turn, slow down the implementation of 5G in the near and medium terms. Moreover, the considerable delays in releasing 5G gear and the overall economic consequences will severely impact the market in the coming years. On the other hand, it is estimated that the rising demand for digital health services, home connectivity, and even economic stimulus programs will accelerate the development of 5G in the long run. 

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global 5G NTN Market Analysis By Component

By component, the solutions segment contributes the dominant shares of the market. With 5G technology, 5G NTN solutions can assist operators in delivering a superior connectivity experience while reducing operational costs. By combining satellite communication, the 5G NTN solutions may provide exceptional network coverage without regard to geographic limitations. Several industry leaders provide 5G NTN test solutions to evaluate the system’s dependability, affordability, and efficacy before its release into space. Test solutions help resolve difficulties businesses face in testing the system's scalability and compatibility with long-distance coverage. Its mobility, satellite movement, speed, quality, and dependability in meeting demand and its capacity for multi-layer communication. 

Global 5G NTN Market Analysis By End Use Industry

During the forecast period, aerospace and defense would have the highest CAGR among end-use industries. The aerospace and military industry’s prosperity hinges on the increasing use of innovative technology and digitalized solutions; 5 G NTN solutions are centered on expanding 5G coverage to enable a variety of applications in this industry and providing high-speed internet connectivity to airplane passengers to ensure the same degree of connectivity on board as on the ground. In the defense industry, the requirement for a 5G NTN system will play a crucial role in enabling application areas such as static communication, deployable CIS for expeditionary operations, land operations, real-time remote surgery, and maritime operations. 

Global 5G NTN Market Analysis By Application

The EMBB segment is leading with significant shares of the market. 5G NTN focused on putting EMBB into place to provide high bandwidth with reasonable latency, keep high mobility of about 500 km/hr and handle 10,000 times more traffic. In release-18, there is a list of EMBB application cases, such as improving mobility, MIMO, and reducing system power. Some of the most prominent players are using upgraded mobile broadband to connect to 5G networks in a way that is similar to LTE. On projects like planes and ships, 5G NTN’s EMBB services provide excellent broadband access in places that are hard to reach or not well served. 

Global 5G NTN Market Analysis By Location

Remote areas will have a greater CAGR during the projection period. NTN system will extend its network coverage to various locales without terrestrial coverage. It will also ensure connectivity in rural areas with limited internet access and remote sectors, such as oil and gas exploration and mining. 5G technologies and services for remote education are being adopted to enable remote working. Diverse businesses are rewriting regulations and policies to permit remote work and labor migration from urban to rural areas. They are deploying satellites in LEO, MEO, and GEO to provide network coverage in remote regions at a cost-effective and technically possible level of complexity. The objective of 5G NTN in a distant location is to construct a highly spread network and network connectivity for safety and emergencies. 

REGIONAL ANALYSIS

The North American 5G NTN market has accounted for holding the dominant shares for the past few years. Developed countries like the US contribute the most significant market shares. Smart connected devices, the industrial Internet of Everything (IIoE), and the rising commercialization of 5G services drive North America's need for the 5G NTN market.

Europe's 5G NTN market shares are next to North America's, owing to the rise in the economy. 

KEY PARTICIPANTS IN THE GLOBAL 5G NTN MARKET

The major companies operating in the global 5G NTN market include Anritsu, Ast Spacemobile, EchoStar, Erricson, Gatehouse, Gilat Satelite Networks, Globalstar, Inmarsat, Intelsat, Keysight Technologies, Nelco, Nokia, Omnispace, Oneweb, Ses, Skylo, SpaceX, and Spirent.

RECENT HAPPENINGS IN THE GLOBAL 5G NTN MARKET

• In August 2022, MediaTek and Rohde & Schwarz teamed up to demonstrate the potential of 5G NTN technology to enhance the network coverage of 5G communication at any time, everywhere. Media Tek utilized Rohde & Schwarz’s test solutions to ensure the flawless operation of satellites and accompanying terminals and base solutions. 

• In July 2022, Qualcomm, Ericsson, and Thales worked together to test and validate 5G NTN for smartphone-based application cases. Qualcomm will give test phones to confirm the future availability of 5G handsets on 5G networks. 

• In April 2022, Thales Alenia Space and Omnispace joined to release Spark-2 into orbit. Omnispace Spark-2 will validate the successful construction and deployment of Omnispace’s global non-terrestrial network. 

DETAILED SEGMENTATION OF THE GLOBAL 5G NTN MARKET INCLUDED IN THIS REPORT

This research report on the global 5G NTN market has been segmented and sub-segmented based on the component, end-use industry, application, location, and region.

By Component

• Hardware 

• Solutions 

• Services 

By End Use Industry

• Maritime

• Aerospace and Defense 

• Government

• Mining 

By Application

• EMBB

• URLLC

• MMTC

By Location

• Urban 

• Rural

• Remote

• Isolated 

By Region

• North America

  • The United States

  • Canada

  • Rest of North America

• Europe

  • The United Kingdom

  • Spain

  • Germany

  • Italy

  • France

  • Rest of Europe

• The Asia Pacific

  • India

  • Japan

  • China

  • Australia

  • Singapore

  • Malaysia

  • South Korea

  • New Zealand

  • Southeast Asia

• Latin America

  • Brazil

  • Argentina

  • Mexico

  • Rest of LATAM

• The Middle East and Africa

  • Saudi Arabia

  • UAE

  • Lebanon

  • Jordan

  • Cyprus