5G NTN market size
The 5G NTN market is expected to be valued at USD 4.2 billion in 2023, registering a CAGR of over 35% between 2024 and 2032. The market growth is attributed to rising global connectivity requirements. The growing demand for ubiquitous and high-speed connectivity across the globe is a major driver of the market. Non-terrestrial networks, including satellite-based solutions, will play a key role in extending 5G coverage to remote and underserved areas where deployment of traditional terrestrial networks poses challenges.
Against this backdrop, in December 2023, Lockheed Martin announced the successful first demonstration of its groundbreaking regenerative non-terrestrial network satellite base station. In a remarkable self-funded effort scheduled for 2024, Lockheed Martin will put this innovative payload into orbit, marking a significant milestone in showcasing the potential to extend 5G capabilities into space and establish global connectivity. Over the past two years, AxelaCom has worked closely with Lockheed Martin, providing its expertise in the development and integration of the regenerative 5G non-terrestrial network HBS-Space system. AxelaCom’s cutting-edge 5G NTN Layer 1 PHY solution is specifically designed to meet Lockheed Martin’s stringent spaceflight hardware specifications and system requirements.
The increasing utilization of non-terrestrial networks for disaster recovery and resilience will be a key factor shaping the outlook for the 5G NTN market. Non-terrestrial networks contribute to the resilience of the communications infrastructure, especially in the face of natural disasters and other disruptions. Satellite-based 5G NTNs can provide backup and alternative connectivity solutions, ensuring that communications are available even in scenarios where traditional terrestrial networks may be compromised. These advantages are encouraging companies operating in the industry to offer cutting-edge innovations, thus fueling the market growth.
| Report Attributes | detail |
|---|---|
| Base year: | 2023 |
| 5G NTN market size in 2023: | $4.2 billion |
| Forecast period: | 2024 – 2032 |
| Forecast period 2024 – 2032 CAGR: | 35% |
| Value projection for 2032: | $79.8 billion |
| Historical Data: | 2018 – 2023 |
| Number of pages: | 230 |
| Tables, graphs, and charts: | 452 |
| Target segments: | Components, Platforms, Applications, Locations, End Uses |
| Growth drivers: |
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| Pitfalls and challenges: |
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However, implementing non-terrestrial networks, such as satellite-based 5G solutions, comes with significant costs associated with developing and deploying the infrastructure. The costs of launching and maintaining satellites and installing ground stations can be prohibitive. Additionally, the need for ongoing maintenance and upgrades can pose financial challenges for telecommunications operators and service providers.
5G NTN Market Trends
Continued advances in satellite technology are expected to impact the 5G NTN industry. These may include innovations in satellite design, launch capabilities, and satellite constellation architecture. For example, in May 2023, as a notable development in space-based 5G, China Telecom, ZTE, and SpaceIoT announced that they had successfully completed the industry’s first deployment of 5G non-terrestrial network (NTN) in a marine environment. The milestone took place in Zhoushan, Zhejiang Province, including islands at the south mouth of Hangzhou Bay. This achievement signifies the capability of satellite-terrestrial interaction and service data transmission in various marine scenarios. This highlights the potential to provide real-time, multi-terminal, and multi-scenario services, such as marine water quality monitoring, temperature and humidity monitoring, and emergency rescue on uninhabited islands.
Improvements in satellite technology will provide greater coverage, higher data speeds and reduced costs, making satellite-based 5G solutions more accessible and improving reliability of global connectivity.
5G NTN Market Analysis
Based on component, the market is divided into hardware, software, and services. In 2023, the hardware segment accounted for around 45% market share. The demand for hardware components in the 5G non-terrestrial network (NTN) industry is driven by several factors. As 5G NTN deployment involves satellite and ground-based infrastructure, it is driving the need for advanced antennas, transceivers, and signal processing equipment to ensure efficient communications. The expanding range of applications such as IoT devices, autonomous systems, and real-time data services are further driving the demand for robust and high-performance hardware components. Moreover, continuous technological advancements and the need for reliable, low-latency connectivity are driving investments in cutting-edge hardware solutions to support the enhanced capabilities of 5G NTN networks.
Based on end use, the market is segmented into maritime, aerospace & defense, government, mining, and others. In 2023, the aerospace and defense segment accounted for around 35% market share. 5G Non-Terrestrial Networks (NTNs) are gaining traction in the aerospace and defense sector as they will have a transformative impact on communication capabilities. The sector requires robust, low-latency connectivity for applications such as unmanned aerial vehicles (UAVs), mission-critical communications, and remote sensing. 5G NTNs offer enhanced data transmission, improved reliability, and extended coverage to align with the stringent requirements of aerospace and defense operations. 5G NTNs are a key enabler of innovation and efficiency in the aerospace and defense sector as the technology facilitates real-time data exchange, enabling advanced situational awareness, autonomous systems, and secure, high-throughput communications.
North America dominated the global 5G NTN market with a significant share of around 35% in 2023. The 5G non-terrestrial network (NTN) industry in North America is thriving due to a combination of factors. The region boasts of advanced technological infrastructure and a strong ecosystem of aerospace and defense industries, driving the demand for innovative communication solutions. North America’s focus on cutting-edge technologies has put it at the forefront of 5G NTN development and deployment. Moreover, its vast geography, including remote and underserved areas, provides opportunities for satellite-based 5G solutions. Strategic partnerships between telecommunications companies, technology providers, and government agencies further contribute to North America’s thriving 5G NTN ecosystem, positioning the region as a leader in this transformative industry.
5G NTN Market Share
MediaTek and Qualcomm Technologies hold a large market share of over 15% in the 5G NTN industry. Qualcomm Technologies Q focuses on chipset and technology innovation. The company continues to invest in research and development to create cutting-edge technology. 5G chipset Supporting both terrestrial and non-terrestrial networks. Advances in chip design, energy efficiency and integration of multiple wireless technologies are likely to be key focuses.
MediaTek is focused on expanding its product portfolio to offer a variety of chipsets that meet the requirements of 5G NTN, which may include chipsets optimized for satellite communications, high altitude platforms and other non-terrestrial network elements.
5G NTN Market Companies
Key players in the 5G NTN industry are:
- Anritsu Corporation
- Echostar Inc.
- Ericsson
- Intelsat
- Keysight Technologies
- MediaTek
- Qualcomm Technologies
- Rohde & Schwarz
- SoftBank Group
- Thales Group
- ZTE Corporation
5G NTN Industry News
- In October 2023, at the India Mobile Congress (IMC) 2023, MediaTek, a fabless semiconductor company, unveiled its latest technological advancements across various portfolios including Dimensity, Filogic, Genio, Kompanio, Pentonic and Dimensity Auto. Highlighted was MediaTek’s Dimensity Auto platform, designed to shape the future of intelligent and consistently connected vehicles by providing considerable computing power and comprehensive technologies. The exhibition showcased a range of MediaTek-powered devices and showcased the company’s influence across various industries and collaborations with leading global brands.
- In August 2023, Viavi Solutions Inc. announced the availability of base station and end-to-end testing supporting non-terrestrial networks (NTN) and high altitude platforms (HAP) for 5G and 6G satellite communications. The VIAVI TM500 and TeraVM test platforms validate the conformance, performance, and reliability of gNodeBs and the entire network under the unique service link conditions of NTN and HAP networks.
The 5G NTN market research report provides in-depth coverage of the industry. Revenue (USD Billion) estimates and forecasts from 2018 to 2032, For the following segments:
click here Buy sections of this report
By market and component
- Hardware
- software
- service
By market and platform
- UAS Platform
- LEO satellites
- MEO satellite
- GEO satellite
By market and application
- Enhanced Mobile Broadband (EMBB)
- Ultra-Reliable Low Latency Communications (URLCC)
- Large Scale Machine Based Communications (MMTC)
By market and location
- Urban
- countryside
- Remote
- Isolated
By market and end use
- Maritime
- Aerospace and Defense
- government
- Mining
- others
The above information is provided for the following regions and countries:
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Russia
- Nordic
- Other Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Southeast Asia
- Rest of Asia Pacific
- latin america
- Brazil
- Mexico
- Argentina
- Other Latin America
- Ministry of Foreign Affairs
- United Arab Emirates
- Saudi Arabia
- South Africa
- Remaining MEA
