5G Non-Terrestrial Networks Market Size, Share & Trends Analysis Report By Platform (Unidentified Aerial System (UAS) Platform, Low-Earth Orbit (LEO) Satellite, Medium Earth Orbit (MEO) Satellite, Geosynchronous Equatorial Orbit (GEO) Satellite), By Application (Enhanced Mobile Broadband (EMBB), Ultra Reliable Low Latency Communications (URLLC), Massive Machine Type Communications (MMTC)), By Component Type, By Location, By End User, Region And Segment Forecasts, 2025-2034

5G Non-Terrestrial Networks Market Size is valued at  5.5 billion in 2024 and is predicted to reach  192.0 billion by the year 2034 at a 43.1% CAGR during the forecast period for 2025-2034.

Key Industry Insights & Findings from the Report:  

• Market growth can be accelerated through the use of a 5G non-terrestrial network through collaboration between government agencies and satellite providers, which can encourage innovation for the market's future growth.
• The increasing demand for constant and uninterrupted connectivity worldwide due to the spread of Internet of Things (IoT) devices and rising 5G non-terrestrial networks are anticipated to fuel substantial industry expansion in the years ahead.
• North America dominated the market and accounted for a global revenue share in 2023.
• High costs associated with technology might slow this industry's growth and raise regulatory concerns. 

In order to offer users 5G wireless access, 5G non-terrestrial networks (NTN) utilize satellites or high-altitude platforms like drones or balloons. The difficulties of delivering connectivity in remote or difficult-to-reach places, where conventional terrestrial networks are not practicable, are being addressed by the development of these networks. Many advantages are anticipated from 5G NTN, including more capacity and coverage, less latency, and enhanced dependability. Additionally, a broad range of applications, such as internet of things (IoT) gadgets, self-driving cars, and remote medical services, are anticipated to be supported.

The use of 5G Non-Terrestrial Networks (NTN) in mining activities is also conceivable. In the mining business, it might be challenging to access remote locations because typical terrestrial networks might not be stable or available. To enable real-time monitoring, control, and communication between employees, equipment, and operations, NTN can be utilised to deliver high-speed and dependable wireless connection to mining sites. Mining businesses are implementing the most-latest automation technologies to improve operations. For instance, Ericsson and the Swedish mine operator Boliden worked together to create an autonomous gold mine where Ericsson implemented the 5G network. As more vessels are needed to handle high data rates for applications like video and file transmission, there is an increasing demand for 5G NTN solutions. 

Recent Developments:

• In February 2023, Samsung Electronics Co., Ltd., a leader in innovative semiconductor technology, acquired standardized 5G non-terrestrial networks (NTN) modem technology enabling direct connection between smartphones and satellites, particularly in remote areas. As part of its Exynos modem lineup, Samsung plans to integrate this technology, which will hasten the commercialization of 5G satellite communications and create the foundation for the Internet of Everything (IoE) future, which will be powered by 6G. 

Competitive Landscape:

Some of the 5G Non-Terrestrial Networks market players are:

• SpaceX (Starlink)
• AST SpaceMobile
• Lynk Global
• Eutelsat OneWeb
• SES
• Viasat (Inmarsat)
• Intelsat
• Iridium
• Globalstar
• Omnispace
• Sateliot
• OQ Technology
• Amazon (Project Kuiper)
• Thales Alenia Space
• Airbus Defence and Space
• SoftBank / HAPS Mobile
• Nokia
• Ericsson
• Qualcomm
• MediaTek

Market Segmentation:

The 5G Non-Terrestrial Networks market is segmented on the basis of component type, platform, application, location, and end-user. Based on component type, the market is segmented as hardware, solutions, and services. The platform segment includes Unidentified Aerial System (UAS) Platform, Low-Earth Orbit (LEO) Satellite, Medium Earth Orbit (MEO) Satellite, and Geosynchronous Equatorial Orbit (GEO) Satellite. By application, the market is segmented into Enhanced Mobile Broadband (EMBB), Ultra Reliable Low Latency Communications (URLLC), and Massive Machine Type Communications (MMTC). The platform segment includes urban, rural, remote, and isolated. By end-user, the market is segmented as aerospace & defense, government, it & telecom, mining, maritime, and others.

Based On Components, The Solutions Segment Is Accounted As A Major Contributor In The 5G Non-Terrestrial Networks Market

Operators can use 5G NTN solutions to minimize operational costs while delivering a superior connectivity experience using 5G technologies. The 5G NTN solutions can offer high network coverage without bounds by merging with satellite communication. Before introducing the system into the market, several top firms offer 5G NTN test solutions to ensure its dependability, affordability, and effectiveness. Test solutions help resolve issues businesses have with the system's scalability, compatibility with long-distance coverage, mobility, satellite movement, speed, quality, and reliability in meeting demand, as well as its capacity for multi-layer communication.

The Remote Location Segment Witnessed Growth At A Rapid Rate

The NTN system will increase network coverage to a variety of locales without terrestrial coverage, guarantee connectivity in rural areas with little to no Internet access, and support remote businesses like mining and oil and gas development.

The usage of 5G solutions and services in remote education is rising to support remote working. Several businesses are concentrating on changing the laws and regulations to permit remote work and the transfer of employees from urban to rural areas. To provide network coverage in remote locations with cost-effectiveness and manageable technological complexity, they are deploying satellites in LEO, MEO, and GEO. The deployment of a highly spread network and network connectivity in an emergency and safety situation is the goal of 5G NTN in a distant location.

In The Region, The North America 5G Non-Terrestrial Networks Market Holds A Significant Revenue Share

The majority of the global 5G NTN market is anticipated to be in North America. In this area, 5G NTN technology has a high acceptance rate in the US. The growth of smart connected devices, the Industrial Internet of Everything (lloE), and the growing commercialization of 5G services are the drivers that are popularising the demand for 5G NTN solutions in this sector. The percentage of 5G connections in North America was 14% in 2022, according to the Global System for Mobile Communication (GSMA) study The Mobile Economy and is predicted to increase to 64% by the end of 2025. 

5G Non-Terrestrial Networks Market Report Scope:

Segmentation of 5G Non-Terrestrial Networks Market-

5G Non-Terrestrial Networks Market By Component Type-

• Hardware
• Solutions
• Services 

5G Non-Terrestrial Networks Market By Platform-

• Unidentified Aerial System (UAS) Platform
• Low-Earth Orbit (LEO) Satellite
• Medium Earth Orbit (MEO) Satellite
• Geosynchronous Equatorial Orbit (GEO) Satellite

5G Non-Terrestrial Networks Market By Application-

• Enhanced Mobile Broadband (EMBB)
• Ultra Reliable Low Latency Communications (URLLC)
• Massive Machine Type Communications (MMTC)
• Direct-to-Device & IoT Connectivity
• 5G Backhaul & Mission-Critical Services

5G Non-Terrestrial Networks Market By Location-

• Urban
• Rural
• Remote
• Isolated
• Maritime & Aerospace

5G Non-Terrestrial Networks Market By End-User-

• Aerospace & Defense
• Government
• IT & Telecom
• Mining
• Maritime
• Energy & Utilities
• Transportation & Logistics
• Other

5G Non-Terrestrial Networks Market By Region-

North America-

• The US
• Canada
• Mexico

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Rest of Latin America

 Middle East & Africa-

• GCC Countries
• South Africa
• Rest of the Middle East and Africa