North America 5g Ntn Market Size & Outlook, 2023-2030

The 5g ntn market in North America is expected to reach a projected revenue of US$ 13,457.4 million by 2030. A compound annual growth rate of 32.2% is expected of North America 5g ntn market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,910.3
Forecast, 2030 (US$M)
$13,457.4
CAGR, 2024 - 2030
32.2%
Report Coverage
North America

North America 5g ntn market, 2018-2030 (US$M)

North
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North America 5g ntn market highlights

  • The North America 5g ntn market generated a revenue of USD 1,910.3 million in 2023.
  • The market is expected to grow at a CAGR of 32.2% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Hardware is the most lucrative component segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2023USD 1,910.3 million
Market revenue in 2030USD 13,457.4 million
Growth rate32.2% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentHardware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware
Key market players worldwideThales, EchoStar Corp Class A, Qualcomm Inc, MediaTek Inc, Keysight Technologies Inc, ANRITSU CORPORATION, Telefonaktiebolaget L M Ericsson ADR, SoftBank Group Corp, ZTE Corp Class H


Other key industry trends

  • In terms of revenue, North America region accounted for 33.2% of the global 5g ntn market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 10,136.3 million by 2030.

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5G NTN Market Scope

5g ntn market segmentation & scope
Software
Services
Platform
UAS Platform
LEO Satellite
MEO Satellite
GEO Satellite
Location
Urban
Rural
Remote
Isolated
Application
Enhanced Mobile Broadband (EMBB)
Ultra Reliable and Low Latency Communications (URLCC)
Massive Machine-Type Communications (MMTC)
End Use
Maritime
Aerospace & Defense
Government
Mining
Others

5G NTN Market Companies

Name Profile # Employees HQ Website

North America 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 North America 5g ntn market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America 5g ntn market , including forecasts for subscribers. This continent databook contains high-level insights into North America 5g ntn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America 5g ntn market

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