openPR Logo
Press release

Exploring the Exponential Growth of the Global 5G NTN Market: Key Players, Trends and Projections for 2024-2029

01-23-2025 08:10 AM CET | IT, New Media & Software

Press release from: The Business Research Company

5G NTN Market

5G NTN Market

The 5G NTN market is seeing tremendous expansion, with notable CAGR, key market drivers, and emerging trends paving the way for future growth.

What Is The Projected Market Size Of The Global 5G NTN Market And Its Growth Rate?
• The market will grow from $3.66 billion in 2024 to $4.96 billion in 2025, with a CAGR of 35.7%.
• The growth is due to mobile data traffic surge, enhanced mobile broadband (EMBB), IoT and smart device proliferation, global standardization efforts, and emergence of edge computing.
• The projected market size for 2029 is expected to reach $17.01 billion, at a CAGR of 36.1%.
• This growth can be attributed to industry-specific use cases, Massive Machine Type Communication (MMTC), integration with satellite networks, advancements in network slicing, and commercialization of private 5g networks.

What Is Driving The Growth In The 5G NTN Market?
The increase in connected devices is fueling the 5G NTN market growth. A rise in the use of appliances connected to the internet and capable of interacting with other network devices are becoming prevalent. 5G-NTN technology, with its faster download and upload speeds, reduced latency, and greater capacity, is ideal for supporting an expanding amount of connected devices. For instance, according to a report by the National Association of Insurance Commissioners in January 2023, the number of devices connected is expected to reach 500 million by the end of 2022, driving the growth of the 5G NTN market.

Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10048&type=smp

Who Are the Key Players Driving 5G NTN Market Growth?
• Anritsu Corporation
• AST and Science LLC
• GateHouse SatCom A/S
• Globalstar Inc.
• Gilat Satellites Network
• EchoStar Corporation
• Media Tek Inc.
• Nelco Limited
• Inmarsat Global Limited
• Nokia Corporation
• OneWeb Network Access Associates Limited
• Qualcomm Technologies Inc.
• Intelsat LLC
• Rhode and Schwarz GmbH
• Keysight Technologies Inc.
• Omnispace LLC
• Telefonaktiebolaget LM Ericsson
• Thales Group
• SoftBank Group Corporation
• SES S.A.
• ZTE Corporation
• Spirent Communications
• BAE Systems plc
• Cobham plc
• General Dynamics Corporation
• Harris Corporation
• Honeywell International Inc.
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• Safran S.A.
• Airbus SE
• Boeing Company

What Are The Key Trends In The 5G NTN Market?
• Satellite integration with 5g networks
• Leveraging high-altitude platforms (haps)
• Advancements in edge computing
• Emergence of low earth orbit (LEO) satellite constellations
• Industry-specific deployments

What Are The Segments Of The Global 5G NTN Market?
1) By Component: Hardware, Solutions, Services
2) By Platform: UAS Platform, LEO Platform, GEO Platform, MEO Platform
3) By Application: Enhanced Mobile Broadband (EMBB), Ultra-Reliable Low-Latency Communication (URLLC), Massive Machine-Type Communications (MMTC)
4) By End-User: Maritime, Aerospace and Defense, Government, Mining, Other End-Users

Which Region Leads The 5G NTN Market?
North America was the largest region in the 5G NTN market in 2024. Asia-Pacific is expected to be the fastest-growing region during the forecast period. The report covers key regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/5g-ntn-global-market-report

What Is Covered In The 5G NTN Market Global Market Report?

- Market Size Analysis: Analyze the 5G NTN Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the 5G NTN Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall 5G NTN Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the 5G NTN Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Request Customization For This Report: https://www.thebusinessresearchcompany.com/Customise?id=10048&type=smp

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Exploring the Exponential Growth of the Global 5G NTN Market: Key Players, Trends and Projections for 2024-2029 here

News-ID: 3829081 • Views:

More Releases from The Business Research Company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Strategy Insights
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Company Registration Service Market Through 2025? The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecasts, and Growth Drivers
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025? In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market in 2025: Advancement In Digital Insurance Platforms Transforms Small And Medium Enterprises Coverage With Integrated, Data-Driven Solutions
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025? The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due To Rising Environmental Monitoring Requirements: Strengthening the Growth Trajectory of the Combustion Emissions Analyzer Market
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025? In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth

All 5 Releases


More Releases for NTN

5G NTN Market Future Prediction Report By 2032
The global 5G Non-Terrestrial Networks (NTN) market was valued at approximately $3.78 billion in 2023 and is projected to reach around $50 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 33.23% from 2024 to 2032. 5G NTN Market Overview The 5G Non-Terrestrial Networks (NTN) market is experiencing rapid growth as satellite and high-altitude platform-based connectivity solutions integrate with terrestrial 5G networks. These networks aim to provide seamless,
Pioneering Advancements in 5G NTN Technology
The Business Research Company recently released a comprehensive report on the Global 5G NTN Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The 5g ntn market size
Exploring the Global 5G NTN Market: A Comprehensive Overview
The 5g ntn market size has grown exponentially in recent years. It will grow from $4.51 billion in 2023 to $5.71 billion in 2024 at a compound annual growth rate (CAGR) of 26.6%. The growth in the historic period can be attributed to mobile data traffic surge, demand for enhanced mobile broadband (embb), iot and smart devices proliferation, global standardization efforts, emergence of edge computing. The 5g ntn market
5G NTN Market Will Reach USD 25,184 Million by 2030
The size of the 5G NTN market was USD 3,495 million in 2022, and will reach USD 25,184 million by 2030, progressing at a rate of 28% in the years to come This is because of the growing 5G infra, increasing requirement for low latency connectivity by the consumers in urban and out-of-town locations, high-speed, growing mobile data traffic, and mounting government efforts for improving 5G's reach to the people. Request for
5G NTN Market Size, Share, Trends, Growth Analysis Report - 2027
the 5G NTN market is expected 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. Increasing adoption of digital devices in various sectors, including mining and maritime, has fueled the adoption of 5G NTN solutions to enhance network coverage area. There has been a growing need for high-speed connectivity solutions to connect devices and machines worldwide. Get
Automotive Drive Shaft Market 2022 : GKN, NTN, Dana, Nexteer, Hyundai-Wia
Global Automotive Drive Shaft Market Status, 2011-2022 Market Historical and Forecasts, Professional Market Research Report This New Version Automotive Drive Shaft Market Research Report is a deep market research report in this market. This report focused on global and regional market, major manufacturers, as well as the segment market details on different classifications and applications. First, this report analyzed the basic scope of this industry like definition, specification, classification, application, industry