PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625484
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1625484
The global 5G NTN market size is expected to reach USD 139.51 billion by 2034, according to a new study by Polaris Market Research. The report "5G NTN Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, and Services), Platform, Application, Location, End User, and Region; Segment Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The 5G non-terrestrial network (NTN) market refers to the segment within the telecommunications industry that focuses on extending 5G connectivity beyond traditional terrestrial networks. It includes technologies such as satellite-based systems, high-altitude platforms (HAPs) like drones or balloons, and other airborne platforms. These non-terrestrial solutions complement terrestrial networks by providing coverage in remote, rural, maritime, or disaster-prone areas where ground-based infrastructure is limited or absent.
Increasing demand for widespread connectivity; advancements in satellite technology; regulatory support; and partnerships between telecom operators, satellite providers, and technology firms are driving innovation and the 5G NTN market expansion. Furthermore, continuous advancements in satellite technology are expected to impact the 5G NTN industry. These include innovations in satellite design, launch capabilities, and strategic collaboration.
In September 2023, China Telecom, ZTE, and SpaceIoT successfully deployed the first 5G Non-Terrestrial Network (NTN) in a marine scenario. This collaboration highlights capabilities for real-time, multi-terminal services such as marine water quality monitoring, humidity and temperature monitoring, and emergency rescue on uninhabited islands. Enhanced satellite technologies promise expanded coverage, faster data transfer rates, and reduced costs, enhancing the accessibility and reliability of satellite-based 5G solutions for global connectivity.
In March 2024, Gatehouse Satcom and Druid Software announced an MoU that signifies their collaborative efforts to enhance Non-Terrestrial Network (NTN) services. The deal aims to integrate satellite and terrestrial network solutions, focusing on creating a more accessible and interoperable infrastructure for the satellite communications industry. These MOUs and innovative collaborations among key players signify the increasing demand for the 5G Non-Terrestrial Network (NTN) market.
Based on location, in 2024, the remote segment accounted for the largest market share due to significant demand for connectivity solutions in remote areas. 5G NTN technologies, including satellite and high-altitude platform-based systems, provide essential connectivity in these regions where traditional networks are insufficient.
The aerospace & defense segment, by end user, is projected to register the highest CAGR during the forecast period due to robust and secure communication networks for mission-critical applications. 5G NTN technologies offer enhanced capabilities such as low latency, high reliability, and secure data transmission.
North America held the largest share of the global 5G NTN market revenue in 2024 due to a strong technological base, coupled with significant investments in satellite constellations and HAPs.
The Asia Pacific 5G non-terrestrial network market is anticipated to record the highest CAGR during the forecast period due to rapid digital transformation and urbanization, leading to increased demand for high-speed connectivity across diverse geographical landscapes.
A few global key market players are Counterpoint Technology; Druid Software; EchoStar Corporation; Ericsson; Gatehouse Satcom A/S; Keysight Technologies; MediaTek Inc; Nelco; Omnispace, LLC; Qualcomm Technologies Inc.; Radisys Corporation; Rohde & Schwarz; Sateliot; Skylo; SoftBank Group Corporation; Spirent Communications; Telesat; Thales Group; VIAVI Solutions Inc.; ZTE Corporation.
Polaris Market Research has segmented the 5G Non-Terrestrial Network (NTN) market report on the basis of component, platform, application, location, end user, and region