Global 5g Ntn Market Size & Outlook, 2023-2030
Global 5g ntn market, 2018-2030 (US$M)
Global 5g ntn market highlights
- The global 5g ntn market generated a revenue of USD 5,759.8 million in 2023 and is expected to reach USD 42,199.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 32.9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 5,759.8 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,759.8 million |
| Market revenue in 2030 | USD 42,199.3 million |
| Growth rate | 32.9% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 33.2% of the global 5g ntn market in 2023.
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5G NTN Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ANRITSU CORPORATION | View profile | 1001-5000 | Atsugi, Kanagawa, Japan, Asia | https://www.anritsu.com |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| ZTE Corp Class H | View profile | 72093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | https://www.zte.com.cn |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| MediaTek Inc | View profile | 6999 | No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, Taiwan, 30078 | https://www.mediatek.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
Global 5g ntn market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g ntn market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global 5g ntn market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.
- Global 5G NTN Component Outlook (Revenue, USD Million, 2018-2030)
- Services
- Software
- Hardware
- Global 5G NTN Platform Outlook (Revenue, USD Million, 2018-2030)
- UAS Platform
- MEO Satellite
- LEO Satellite
- GEO Satellite
- Global 5G NTN Location Outlook (Revenue, USD Million, 2018-2030)
- Urban
- Rural
- Remote
- Isolated
- Global 5G NTN Application Outlook (Revenue, USD Million, 2018-2030)
- Ultra Reliable and Low Latency Communications (URLCC)
- Massive Machine-Type Communications (MMTC)
- Enhanced Mobile Broadband (EMBB)
- Global 5G NTN End Use Outlook (Revenue, USD Million, 2018-2030)
- Aerospace & Defense
- Government
- Maritime
- Others
- Mining
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Our clientele includes a mix of 5g ntn market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global 5g ntn market , including forecasts for subscribers. This global databook contains high-level insights into Global 5g ntn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global 5g ntn market size, by regions, 2018-2030 (US$M)
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