PUBLISHER: Allied Market Research | PRODUCT CODE: 1365685
PUBLISHER: Allied Market Research | PRODUCT CODE: 1365685
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) applications- Allied Market Research
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.
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