5G NTN Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2027

December 13 20:15 2022
5G NTN Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2027
Qualcomm Technologies, Inc (US), Gilat Satellite Networks (Israel), SoftBank Group Corporation (Japan), Thales Group (France), Thales Alena Space (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), Anritsu Corporation (Japan), SES S.A. (Luxembourg), EchoStar Corporation (EchoStar) (US).
5G NTN Market by Component (Hardware, Solutions, Services), End-Use Industry (Maritime, Aerospace and Defense, Government, Mining), Application (EMBB, URLLC, and MMTC), & Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2027

The 5G NTN market is projected to grow from USD 3.2 billion in 2022 to USD 16.1 billion by 2027, at a CAGR of 38.2% during the forecast period. With the rising technological advancements to improve NTN capacity, bandwidth, and stability, 5G NTN could provide primary mobile services to customers regardless of location at reduced infrastructure cost, driving the 5G NTN market growth.

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By location, rural area is estimated to account for the largest market share in 2022

The demand for 5G and broadband in rural areas is bridging the digital divide that will provide internet access at broadband speeds for consumers in rural areas. Leading market players are actively working on connecting rural areas and have observed a huge opportunity to expand their footprint as internet connectivity providers. NTN support multicasting broadcasting, IoT communication, the internet of vehicles, internet of remote things in rural areas beyond the coverage of the terrestrial network. Fixed wireless access, network resilience, wide area connectivity, disaster management, and emergency are the key applications of 5G NTN in rural areas.

By application, mMTC is expected to register the fastest growth rate during the forecast period.

mMTC is a 5G service capable of supporting an exceptionally high connection of online devices, high density of smart devices, and long range. Through the mMTC connections, devices can communicate with one another by occasionally broadcasting small amounts of traffic. LEO satellite is preferred to offer mMTC due to its path loss and lower transmission delay. One of the key application areas of 5G will probably be in IoT and Machine-to-Machine (M2M) communication.

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The major vendors covered in the 5G NTN market include Qualcomm Technologies, Inc (US), Gilat Satellite Networks (Israel), SoftBank Group Corporation (Japan), Thales Group (France), Thales Alena Space (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), Anritsu Corporation (Japan), SES SA (Luxembourg), EchoStar Corporation (EchoStar) (US), SpaceX (US), AST & Science, LLC (US), ZTE Corporation (China), OneWeb (UK), GateHouse SatCom A/S (Denmark), Omnispace, LLC (US), Nelco Limited (US), Inmarsat Global Limited (UK), Skylo Technologies (US), Globalstar, Inc (US), Spirent Communications (Spirent) (UK), Telefonaktiebolaget LM Ericsson (Sweden), Nokia Corporation (Finland), Intelsat US LLC (US), and Telefonica SA (Spain), Viasat Inc, (US), Telesat (Canada). These companies have adopted various strategies to cater to the growing demand for 5G NTN and strengthen their position in the market.

Qualcomm, a global leader in 3G, 4G, and next-generation wireless technology innovation, invented the breakthroughs that enable 5G. It is enabling a world where everything and everyone can be intelligently connected, featuring its products and technologies, such as 5G-enabled smartphones, gaming gadgets, and technology that underlies the smart connected factories, smarter vehicles, and cities. Qualcomm is working on critical wireless technologies that the world relies on today.

The company is investing in R&D and developing solutions to support 5G deployment at terrestrial and non-terrestrial networks. With the 5G advancement and 3GPP release 18, Qualcomm expanded lower complexity NR-Light, non-terrestrial communication (satellites), integrated access and backhaul, and enhanced capabilities of URLLC, multi-Transmission and Reception Points (TRP) and multi-beam operations, massive MIMO, and network coverage. The partner ecosystem of the company includes AT&T, Nokia, Vodafone Group, ZTE, Samsung, Sprint, and Huawei.

Gilat Satellite Network provides broadband communications based on satellite. The company designs and manufactures ground-segment equipment and provides various innovative solutions and services. The product portfolio of the company includes cellular backhaul, 5G, network backup and business continuity, SkyEdge IV, SkyEdge II-C, mobility terminals, unmanned terminals, antennas, and gateways. Gilat is focusing on the next-generation era of a satellite named Elastix Era to offer excellent satellite communications, software-defined satellites, and cloud-based applications. This next generation of the satellite will offer excellent connectivity anywhere at sea, land, and air with multi-orbit constellations, such as Very High Throughput Satellites (VHTS) and Non-Geostationary Orbit (NGSO). The partner ecosystem of the company includes Eutelsat, Intelsat, Hispasat, Telesat, Inmarsat, Avanti Communications, and NBN.

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