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.
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.
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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.
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
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