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The 5G Non-Terrestrial Networks (NTN) Market size is projected to increase by USD 18.34 billion, at a CAGR of 39.19% between 2023 and 2028. The growth rate of the market depends on several factors, including rising demand for data-intensive services and applications, surging demand for high-speed, low-latency connectivity, and increased expansion of mobile broadband services.
Non-Terrestrial Network refers to the deployment of wireless communication technology using satellite or high-altitude platforms (HAPs) like drones or balloons. Deploying wireless communication technology using such HAPs extends the coverage and connectivity capabilities of networks to previously underserved or remote areas, thereby bridging the digital divide. By leveraging satellite communication, provides access to high-speed Internet services with low latency and reliable connectivity, enabling various applications like IoT, autonomous vehicles, and mission-critical services in areas where traditional terrestrial networks are limited or unavailable. This technology revolutionizes global connectivity and enables seamless communication on a global scale. This market analysis and report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
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In today's hyper-connected world, global connectivity requirements have surged, emphasizing the need for ubiquitous and high-speed connectivity. With the advent of 5G coverage, even remote and underserved areas are now within reach, thanks to regenerative non-terrestrial network (NTN) Satellite Base Stations. These innovative solutions leverage 5G capabilities, extending connectivity to outer space and challenging environments beyond terrestrial boundaries. NTN services, including satellite-to-cell services, cater to various sectors, from emergency and mission-critical applications to IoT gadgets and self-driving cars. Through a software approach and flagship devices, the global 5G NTN Market aims to redefine connectivity, offering an alternative approach to conventional terrestrial networks while ensuring dependability, even in remote or difficult-to-reach places.
In the hardware segment of the Global 5G NTN Market, innovative approaches are reshaping connectivity solutions. Non-terrestrial networks (NTN), including satellite-to-cell services, offer unique advantages for reaching remote or difficult-to-reach places, making them indispensable for emergency and mission-critical applications. Through a software approach, flagship devices leverage 5G NTN to provide reliable connectivity beyond the limitations of conventional terrestrial networks. Drones equipped with NTN hardware facilitate seamless communication in challenging environments, enhancing coverage and reducing latency. The alternative approach of 5G NTN hardware presents distinct advantages in terms of dependability, particularly for self-driving cars and other critical applications. With the ability to bridge communication gaps in remote areas, NTN hardware plays a vital role in expanding the reach and capabilities of 5G networks globally.
The market share growth by the hardware segment will be significant during the forecast period. As technology continues to evolve, the demand for advanced hardware components and infrastructure solutions is increasing rapidly. One of the key hardware components driving the growth of the market is the deployment of satellite-based communication systems. Satellites offer wide coverage and the ability to provide connectivity in remote areas where terrestrial networks are limited. With the increasing focus on bridging the digital divide and providing universal Internet connectivity, satellite-based solutions are gaining traction.
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The hardware segment was the largest and was valued at USD 462.84 million in 2018. Additionally, there is a growing demand for advanced antenna systems, such as massive MIMO (Multiple Input, Multiple Output) antennas, in the market. Massive MIMO technology utilizes many antennas to serve multiple users simultaneously, thereby increasing network capacity and data throughput. The global market is also witnessing significant investments in the development of radio access network (RAN) infrastructure. RAN infrastructure includes various hardware components, such as base stations, small cells, and backhaul equipment. These components are essential for providing high-speed, low-latency wireless connectivity in networks. Thus, the hardware segment of the market is witnessing rapid growth during the forecast period.
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North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and market growth analysis and drivers that shape the market during the forecast period. The market in North America is witnessing significant growth and is expected to be at the forefront of the region's telecommunications industry. refers to the integration of terrestrial and non-terrestrial networks to provide seamless connectivity and enhanced network coverage. North America has been at the forefront of technological advancements, and the rapid deployment of infrastructure is no exception. With a strong emphasis on innovation and digital transformation, the region is focused on harnessing the power of to revolutionize various sectors, including healthcare, transportation, manufacturing, and others.
In addition, governments in North America are actively promoting the development of networks by providing regulatory frameworks and allocating substantial funding. This has resulted in increased infrastructure investments, enabling the expansion and optimization of network deployment. Thus, the region is actively investing in and fostering the development of infrastructure. Through collaborations and advancements in technology, North America is set to lead the way in leveraging the benefits during the forecast period.
The Global 5G NTN Market addresses global connectivity requirements by leveraging regenerative non-terrestrial network Satellite Base Stations, catering to ubiquitous and high-speed connectivity needs through satellite-based solutions and Internet of Things (IoT) gadgets, particularly in remote and underserved areas where traditional terrestrial networks face challenges, ensuring 5G coverage even in outer space and other challenging environments, with NTN services offering satellite-to-cell services for emergency and mission-critical applications, employing a software approach alongside flagship devices as an alternative approach to terrestrial boundaries.
Rising demand for data-intensive services and applications is notably driving market growth. As consumers increasingly rely on data-hungry services, such as video streaming, cloud computing, and Internet of Things (IoT) devices, the need for faster, more reliable, and low-latency connectivity has become paramount. The proliferation of video streaming platforms, such as Netflix and YouTube, has revolutionized the way people consume media. With 5G technology, users can enjoy high-definition and immersive streaming experiences without facing buffering or pixelation issues. Further, 5G networks provide the necessary bandwidth and reliability to support these services, ensuring uninterrupted access to critical applications and services.
Additionally, the need for faster speeds, increased capacity, and low-latency connectivity has propelled the development and deployment of 5G networks. As the world becomes more digitized and data-driven, will continue to play a vital role in enabling the seamless and efficient delivery of data-intensive services to meet the evolving needs of consumers and businesses, which, in turn, will drive the growth of the market during the forecast period.
Integration with existing MNO networks is an emerging trend shaping the market growth. Integration with existing Mobile Network Operator (MNO) networks is a significant trend in the networks market and as countries around the world embrace the deployment, this trend has gained momentum due to its numerous advantages. Integration with existing MNO networks enables a more cost-effective and efficient deployment of infrastructure. Utilizing existing network infrastructure, such as towers, base stations, and backhaul connectivity, makes the deployment and expansion less time-consuming and resource-intensive. This approach reduces capital expenditure significantly for MNOs and enables faster rollout of services to consumers.
However, by sharing network resources and infrastructure, MNOs can strengthen their market position, deliver consistent services, and explore new revenue opportunities. This collaborative approach fosters healthy competition and encourages the exchange of best practices and innovation within the industry. Thus, the integration with existing MNO networks represents a significant trend in the global market, which, in turn, will drive the growth of the market during the forecast period.
The high cost of investments in infrastructure is a significant challenge hindering market growth. The implementation of technology on a global scale is undoubtedly a transformative endeavor that presents numerous challenges. One of the most significant obstacles faced by countries is the high cost of the technology and the need for infrastructure investments in the deployment networks. This challenge holds particular relevance for nations that are participating in the initiative. Further, limited financial resources and existing infrastructure gaps can impede the rapid deployment of networks.
However, governments may need to rely on collaboration with private entities to secure investments or seek partnerships with other countries or international organizations to mitigate these financial constraints. Thus, the high cost and need for substantial infrastructure investments required for implementation present significant challenges, which, in turn, will hamper the growth of the global market during the forecast period.
Market forecasts include the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and market trends and analysis strategies.
Global Market Customer Landscape
Key industry players are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amazon.com Inc.: The company offers solutions through its subsidiary Kuiper Systems LLC.
EchoStar Corp.: The company offers solutions through their S-band satellite-enabled with the LoRa protocol for connecting very low-cost, long-lived devices.
Avanti Hylas 2 Ltd.: The company offers solutions through the SaT5G project with the integration of satellite into 3GPP testbed networks.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The 5G wireless connections heralds a transformative era, especially in hard-to-reach areas. The push for 5G devices and infrastructure upgrades promises high-speed connections, significantly enhancing data transfer speeds for data-intensive content and applications. The impact spans from high-definition video streaming and online gaming to augmented reality and cloud-based services. Particularly in remote rural areas and harsh environments like mountains, deserts, and oceans, the deployment of 5G NTN in non-terrestrial environments revolutionizes ground connectivity. The focus on extending high-speed data services to underserved areas near Enhanced Mobile Broadband (eMBB), Ultra-Reliable and Low Latency Communications (URLCC), and Massive Machine-Type Communications (mMTC) demonstrates its versatility. The NTN industry plays a vital role in various sectors, including maritime, aerospace and defense, mining, urban, rural, and isolated regions, as it offers cost-effective high-speed communication solutions.
Telecom companies drive extensive adoption, catering to diverse needs such as Internet of Things (IoT) applications, connected homes, driverless cars, industrial automation, distributed work, and edge computing. The business models, incorporating network virtualization and Software-Defined Networking (SDN) technologies at the edge of the network, enable the development of smart cities and industrial IoT. Manufacturers witness a surge in demand for data-intensive applications, combining non-terrestrial communications infrastructure to ensure high-quality video content streaming capacity and a seamless experience for 4K and 8K video content. The integration of big data analytics, AI algorithms, and real-time data processing and agile analytics and AI-driven services, empower predictive maintenance, personalized recommendations, and efficient scheduling.
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest market growth and trends opportunities from 2018 to 2028
5G Non-Terrestrial Networks (NTN) Market Scope |
|
Report Coverage |
Details |
Page number |
161 |
Base year |
2023 |
Historic period |
2018-2022 |
Market forecasting period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 39.19% |
Market Growth 2024-2028 |
USD 18.34 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
36.4 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 40% |
Key countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Amazon.com Inc., Anritsu Corp., Avanti Hylas 2 Ltd., EchoStar Corp., Eutelsat Communications S.A., GateHouse Holding AS, Inmarsat Global Ltd., Intelsat US LLC, Iridium Communications Inc., Keysight Technologies Inc., NELCO Ltd., Nokia Corp., Rohde and Schwarz GmbH and Co. KG, SES SA, Space Exploration Technologies Corp., Spirent Communications plc, Telesat Corp., Thales Group, ZTE Corp., and Qualcomm Inc. |
Market dynamics |
Parent market analysis, Market Growth and Trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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