5G NTN市場 – 2029年までの世界予測

5G NTN Market - Global Forecast To 2029

5G NTN市場 - オファリング (ハードウェア、ソフトウェア&サービス)、最終用途産業 (海洋、航空宇宙&防衛、政府、鉱業)、用途 (EMBB、URLLC、MMTC)、場所 (都市部、地方、遠隔地、孤立)、プラットフォーム&地域別 - 2029年までの世界予測
5G NTN Market by Offering (Hardware, Software, and Services), End-Use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (EMBB, URLLC, MMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2029
出版MarketsandMarkets
出版年月2024年7月
ページ数233
図表数208
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The 5G NTN market is estimated at USD 7.2 billion in 2024 to USD 31.7 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 34.7%.

5G NTN 市場は、34.7% の年間平均成長率 (CAGR) で、2024 年の 72 億ドルから 2029 年までに 317 億ドルに達すると推定されています。

5G NTN市場 - 2029年までの世界予測

The 5G NTN industry is being driven by the surge in consumer electronics. The need for pervasive connection is growing as more people embrace 5G-enabled smartphones, tablets, and other gadgets. To fill the need, 5G NTN provides high-speed internet connection even in rural locations. The 5G NTN market is expected to develop significantly due to this enhanced coverage, which opens up a whole new universe of consumer applications and services.

“The GEO satellite segment is expected to hold the largest market size during the forecast period.” The 5G NTN GEO satellite market capitalizes on its distinct advantages. GEO satellites provide wide-ranging and reliable coverage from their high equatorial position, making them perfect for remote asset monitoring and marine communications. When launching new satellite constellations, the initial investment costs are higher when using existing infrastructure. However, since they are farther away from customers, GEO satellites have higher latency, which makes them less suitable for real-time applications. They perform particularly well in applications where wide coverage is more important than low latency, including in-flight internet services and distant sensor data backhauling. Notwithstanding the growing importance of competing satellite technologies, the distinct capabilities of GEO satellites continue to meet particular demands as the market changes.

5G NTN市場 - 2029年までの世界予測 ecosystem

“The services segment to register the fastest growth rate during the forecast period.”

The 5G NTN market for services is experiencing explosive growth driven by the increasing demand for ubiquitous connectivity. This demand stems from businesses seeking seamless global coverage for remote operations and data exchange, governments striving to bridge the digital divide in underserved regions, and consumers hungry for uninterrupted high-speed internet access everywhere. The 5G NTN service market offers a range of solutions to address these needs. These include network connectivity services that provide access to 5G NTN infrastructure, ensuring users stay connected even in remote locations. Additionally, deployment services are crucial for planning, installing, and managing 5G NTN networks, ensuring they reach their full potential. This combination of services is fueling rapid expansion in the 5G NTN market, fostering a future of truly global and uninterrupted connectivity.

“Asia Pacific’s highest growth rate during the forecast period.”

In the rapidly evolving 5G NTN market across Asia-Pacific, significant strides are being made by innovative developments and strategic investments. China, South Korea, and India are the major revenue-contributing countries in the Asia Pacific. These countries have shown a significant rise in smart device users. According to the Ericsson Mobility Report published in June 2022, with the rising adoption of 5G smartphones in Asian countries, 5G subscriptions are expected to reach around 50 million by the end of 2023. The large population in Asia Pacific has created an extensive pool of mobile subscribers for telecom companies. The region is the largest contributor to the total number of mobile subscribers across the globe and will add more subscribers to its network in the coming years. Improving public safety in disasters and other emergencies can also be a major driver in adopting 5G NTN solutions in this region. The Asia Pacific region is witnessing a surge in smart infrastructures, such as smart city projects, creating a greater demand for public safety and security technologies such as surveillance systems, scanning and screening systems, and critical communication networks. Various industries such as aerospace, maritime, defense, and others are adopting integrated 5G network and satellite-based solutions to enhance network coverage in diverse locations. In the marine industry, maritime satellite technology has been adopted to leverage advanced communication networks to establish communication with employees working at remote offshore locations.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the 5G NTN market.

  • By Company Type: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
  • By Designation: C-level –35%, D-level – 25%, and Others – 40%
  • By Region: North America – 30%, Europe – 35%, Asia Pacific – 25%, RoW- 10%,

5G NTN市場 - 2029年までの世界予測 region

The major players in the 5G NTN  market include Qualcomm Technologies Inc (US), SoftBank Group Corporation (Japan), Thales Group (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), SES S.A. (Luxembourg), EchoStar Corporation (US), SpaceX (US), AST SpaceMobile (US), ZTE Corporation (China), GateHouse SatCom  (Denmark), OneWeb (UK),  Omnispace LLC (US), Nelco (India), Skylo Technologies (US), Globalstar Inc (US), Spirent Communications (UK), Ericsson  (Sweden), Nokia Corporation (Finland), Telefonica S.A. (Spain), Viasat Inc, (US), Telesat (Canada), Kuiper Systems (US), Sateliot (Spain), VIAVI Solutions (US), Radisys (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their 5G NTN market footprint.

Research Coverage

The market study covers the 5G NTN market size across different segments. It aims at estimating the market size and the growth potential across different segments, including By offering (hardware, software, services), by platform (UAS, LEO Satellite, MEO satellite, GEO satellite), By application (eMBB, mMTC, URLLC), by end-use Industry (maritime, aerospace & defense, government, mining, other end-use industries) by vertical ( urban, rural, remote, isolated) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the global 5G NTN market’s revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Adoption of software-centric approach, Need to address extreme coverage extension, 3GPP evolution toward NTN interworking and integration, Growing demand for IoT), restraints (Need for radio components to be grounded, Regulatory constraints), opportunities (Impact of NR-NTN integration on 5G connectivity, Need for NTN in the evolution toward 5G and 6G, 5G NB-IoT NTN to contribute to global high speed), and challenges (Signal interception, Propagation delay and low latency due to great distance between satellites and terrestrial user equipment) influencing the growth of the 5G NTN market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the 5G NTN market.
  • Market Development: The report provides comprehensive information about lucrative markets, analyzing the 5G NTN market across various regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 5G NTN market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading include Qualcomm Technologies Inc (US), SoftBank Group Corporation (Japan), Thales Group (France), Rohde & Schwarz GmbH & Co KG (Germany), Keysight Technologies, Inc (US), MediaTek Inc. (Taiwan), SES S.A. (Luxembourg), EchoStar Corporation (US), SpaceX (US), AST SpaceMobile (US), ZTE Corporation (China), GateHouse SatCom (Denmark), OneWeb (UK),  Omnispace LLC (US), Nelco (India), Skylo Technologies (US), Globalstar Inc (US), Spirent Communications (UK), Ericsson  (Sweden), Nokia Corporation (Finland), Telefonica S.A. (Spain), Viasat Inc, (US), Telesat (Canada), Kuiper Systems (US), Sateliot (Spain), VIAVI Solutions (US), Radisys (US).

Table of Contents

1            INTRODUCTION            25

1.1         STUDY OBJECTIVES      25

1.2         MARKET DEFINITION   25

1.3         STUDY SCOPE  26

1.3.1      MARKET SEGMENTATION         26

1.3.2      REGIONS COVERED      26

1.3.3      INCLUSIONS & EXCLUSIONS     27

1.4         YEARS CONSIDERED     27

1.5         CURRENCY CONSIDERED          27

1.6         LIMITATIONS   28

1.7         STAKEHOLDERS            28

1.8         SUMMARY OF CHANGES            28

1.8.1      RECESSION IMPACT      29

2            RESEARCH METHODOLOGY     30

2.1         RESEARCH DATA           30

2.1.1      SECONDARY DATA       31

2.1.1.1   Key data from secondary sources     31

2.1.2      PRIMARY DATA 31

2.1.2.1   Primary interviews with experts       32

2.1.2.2   List of key primary interview participants       32

2.1.2.3   Breakdown of primaries     32

2.1.2.4   Key data from primary sources         33

2.1.2.5   Key industry insights          33

2.2         MARKET SIZE ESTIMATION       34

2.2.1      BOTTOM-UP APPROACH           34

2.2.2      TOP-DOWN APPROACH             35

2.2.3      5G NTN MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS (TOP-DOWN) 36

2.2.4      5G NTN MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 37

2.2.5      MARKET FORECAST      37

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    38

2.4         RESEARCH ASSUMPTIONS         39

2.5         LIMITATIONS & RISK ASSESSMENT        39

2.6         IMPACT OF RECESSION ON 5G NTN MARKET    40

3            EXECUTIVE SUMMARY 41

4            PREMIUM INSIGHTS      43

4.1         OPPORTUNITIES FOR PLAYERS IN 5G NTN MARKET      43

4.2         5G NTN MARKET, BY OFFERING             43

4.3         5G NTN MARKET, BY LOCATION            44

4.4         5G NTN MARKET, BY APPLICATION      44

4.5         5G NTN MARKET, BY END-USE INDUSTRY          45

4.6         5G NTN MARKET, BY PLATFORM           45

4.7         NORTH AMERICA: 5G NTN MARKET, BY OFFERING AND KEY PLATFORM       46

5            MARKET OVERVIEW AND INDUSTRY TRENDS   47

5.1         INTRODUCTION            47

5.2         MARKET DYNAMICS     47

5.2.1      DRIVERS            48

5.2.1.1   Adoption of software-centric approach          48

5.2.1.2   Need to address extreme coverage extension 48

5.2.1.3   3GPP evolution toward NTN interworking and integration       48

5.2.1.4   Growing demand for IoT   49

5.2.2      RESTRAINTS     49

5.2.2.1   Need for radio components to be grounded   49

5.2.2.2   Regulatory constraints       49

5.2.3      OPPORTUNITIES           50

5.2.3.1   Impact of NR-NTN integration on 5G connectivity     50

5.2.3.2   Need for NTN in evolution toward 5G and 6G            50

5.2.3.3   5G NB-IoT NTN to contribute to global high speed    50

5.2.4      CHALLENGES   51

5.2.4.1   Signal interception             51

5.2.4.2   Propagation delay and low latency due to great distance between satellites and terrestrial user equipment  51

5.2.4.3   Doppler frequency shift owing to mobility issues          51

5.3         BRIEF HISTORY OF 5G NTN TECHNOLOGY        52

5.3.1      2000–2015          52

5.3.2      2016–2018          52

5.3.3      2019–2021          52

5.3.4      2022–2023          53

5.3.5      2024–PRESENT  53

5.4         TRENDS & DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              53

5.5         PRICING ANALYSIS        54

5.5.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE              54

5.5.2      INDICATIVE PRICING ANALYSIS OF KEY PLAYERS, BY SERVICE 54

5.6         VALUE CHAIN ANALYSIS            55

5.7         5G NTN MARKET: ECOSYSTEM ANALYSIS           56

5.8         TECHNOLOGY ANALYSIS           58

5.8.1      KEY TECHNOLOGIES    58

5.8.1.1   Satellite communications   58

5.8.1.2   IoT        58

5.8.1.3   High-Altitude Platforms (HAPs)     59

5.8.2      COMPLEMENTARY TECHNOLOGIES     59

5.8.2.1   Wi-Fi     59

5.8.2.2   Cloud computing 59

5.8.2.3   Fiber optic           59

5.8.3      ADJACENT TECHNOLOGIES      59

5.8.3.1   Artificial Intelligence and Machine Learning  59

5.8.3.2   Edge computing   60

5.9         PATENT ANALYSIS        60

5.9.1      METHODOLOGY           60

5.9.2      LIST OF MAJOR PATENTS GRANTED, 2022–2023 61

5.10       HS CODES         63

5.10.1    EXPORT SCENARIO FOR HS CODE: 851761          63

5.10.2    IMPORT SCENARIO FOR HS CODE: 851761          64

5.11       CASE STUDY ANALYSIS 65

5.11.1    CASE STUDY 1: KEYSIGHT TECHNOLOGIES AND QUALCOMM TECHNOLOGIES ESTABLISHED END-TO-END 5G NTN CONNECTION    65

5.11.2    CASE STUDY 2: ERICSSON, QUALCOMM, AND THALES COLLABORATED TO PROVIDE GLOBAL COVERAGE THROUGH 5G SMARTPHONES 66

5.11.3    CASE STUDY 3: SMART AND OMNISPACE TEAMED UP TO EXPLORE SPACE-BASED 5G TECHNOLOGIES        67

5.11.4    CASE STUDY 4: T-MOBILE AND SPACEX COLLABORATED TO PROVIDE TEXT COVERAGE AND OFFER NO-DEAD ZONES             68

5.11.5    CASE STUDY 5: ZTE CORPORATION AND CHINA MOBILE SHOWCASED FIRST 5G NTN FIELD TRIAL       68

5.12       KEY CONFERENCES & EVENTS  69

5.13       5G NTN MARKET: BUSINESS MODELS   69

5.13.1    SATELLITE INTERNET SERVICE PROVIDERS (ISPS)        69

5.13.2    AERIAL NETWORK PROVIDERS 69

5.13.3    ENTERPRISE SOLUTIONS           69

5.13.4    SUBSCRIPTION-BASED SERVICES           70

5.13.5    INFRASTRUCTURE-AS-A-SERVICE (IAAS)            70

5.14       BEST PRACTICES IN 5G NTN MARKET   70

5.14.1    STRATEGIC DEPLOYMENT PLANNING 70

5.14.2    TECHNOLOGY INTEGRATION  70

5.14.3    ADVANCED ANTENNA AND MODEM TECHNOLOGIES  70

5.14.4    EFFICIENT SPECTRUM MANAGEMENT 70

5.14.5    ROBUST BACKHAUL SOLUTIONS           70

5.14.6    POWER MANAGEMENT AND SUSTAINABILITY  70

5.14.7    SECURITY AND PRIVACY            70

5.14.8    COLLABORATIONS AND PARTNERSHIPS            70

5.14.9    ROBUST API DOCUMENTATION            71

5.14.10  USER EXPERIENCE AND FEEDBACK       71

5.15       5G NTN TOOLS, FRAMEWORKS, AND TECHNIQUES       71

5.16       REGULATORY LANDSCAPE       72

5.16.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          72

5.16.2    REGULATIONS, BY REGION       74

5.16.2.1 North America     74

5.16.2.1.1            US         74

5.16.2.1.2            Canada  74

5.16.2.2 Europe  74

5.16.2.3 Asia Pacific          74

5.16.2.3.1            China     74

5.16.2.3.2            Australia 75

5.16.2.3.3            Japan     75

5.16.2.4 Middle East & Africa          75

5.16.2.4.1            UAE      75

5.16.2.4.2            KSA       75

5.16.2.5 Latin America      75

5.16.2.5.1            Mexico  75

5.17       PORTER’S FIVE FORCES ANALYSIS         76

5.17.1    THREAT OF NEW ENTRANTS    77

5.17.2    THREAT OF SUBSTITUTES         77

5.17.3    BARGAINING POWER OF BUYERS           77

5.17.4    BARGAINING POWER OF SUPPLIERS     77

5.17.5    INTENSITY OF COMPETITIVE RIVALRY 77

5.18       KEY STAKEHOLDERS & BUYING CRITERIA          78

5.18.1    KEY STAKEHOLDERS IN BUYING PROCESS         78

5.18.2    BUYING CRITERIA         78

5.19       INVESTMENT & FUNDING SCENARIO    79

6            5G NTN MARKET, BY OFFERING             80

6.1         INTRODUCTION            81

6.1.1      OFFERINGS: 5G NTN MARKET DRIVERS 81

6.2         HARDWARE      82

6.2.1      SHIFT TOWARD 5G NTN HARDWARE INSTALLATION TO ENHANCE NETWORK COVERAGE 82

6.3         SOFTWARE       82

6.3.1      SOFTWARE SOLUTIONS TO ENSURE SEAMLESS CONNECTIVITY IN REMOTE LOCATIONS   82

6.4         SERVICES          83

6.4.1      DEMAND FOR UNINTERRUPTED CONNECTIVITY IN UNDERSERVED AREAS TO DRIVE MARKET FOR 5G NTN SERVICES          83

6.4.2      DEPLOYMENT SERVICES           84

6.4.3      CONNECTIVITY SERVICES         85

7            5G NTN MARKET, BY PLATFORM           86

7.1         INTRODUCTION            87

7.1.1      PLATFORMS: 5G NTN MARKET DRIVERS            87

7.2         UAS PLATFORM             88

7.2.1      FOCUS ON SUPPORTING AIRBORNE COMMUNICATION TO SPUR GROWTH          88

7.3         LEO SATELLITE             89

7.3.1      LEO SATELLITES PROVIDE CONNECTIVITY COVERAGE AT ALTITUDES RANGING FROM 300 TO 1500 KM            89

7.4         MEO SATELLITE            89

7.4.1      MEO SATELLITES HAVE LOWER ORBITS THAN GEO SATELLITES, REDUCING RF POWER REQUIREMENTS AND COMMUNICATION DELAYS              89

7.5         GEO SATELLITE             90

7.5.1      GEO PLATFORMS SUPPORT AND ENHANCE NETWORK COVERAGE IN REMOTE, ISOLATED, AND UNDERSERVED AREAS          90

8            5G NTN MARKET, BY APPLICATION      91

8.1         INTRODUCTION            92

8.1.1      APPLICATIONS: 5G NTN MARKET DRIVERS        92

8.2         EMBB   93

8.2.1      NEED TO OFFER HIGH-SPEED BROADBAND CONNECTIVITY IN DENSELY POPULATED AREAS TO PROPEL GROWTH     93

8.3         MMTC  94

8.3.1      NEED FOR SCALABLE AND EFFICIENT CONNECTIVITY OF MANY DEVICES TO BOOST MARKET EXPANSION         94

8.4         URLLC 94

8.4.1      URLLC PROVIDES DATA TRANSMISSION WITH HIGH RELIABILITY IN 5G NTN SYSTEMS          94

9            5G NTN MARKET, BY END-USE INDUSTRY          96

9.1         INTRODUCTION            97

9.1.1      END-USE INDUSTRIES: 5G NTN MARKET DRIVERS         97

9.2         MARITIME         98

9.2.1      ENHANCED 5G NETWORK COVERAGE TO SUPPORT TRACKING AND MONITORING IN MARITIME INDUSTRY 98

9.2.2      USE CASES        98

9.2.2.1   Vessel Connectivity           98

9.2.2.2   Port Operations Optimization         98

9.3         AEROSPACE & DEFENSE             99

9.3.1      INCREASING ADOPTION OF INNOVATIVE TECHNOLOGY AND DIGITALIZED SOLUTIONS TO DRIVE MARKET  99

9.3.2      USE CASES        99

9.3.2.1   Military Tactical Communication    99

9.3.2.2   Airborne Command and Control      99

9.3.2.3   Defense Surveillance and Reconnaissance      99

9.4         GOVERNMENT 100

9.4.1      RISING NEED FOR IMPROVED SAFETY AND SECURITY OF GOVERNMENT NETWORKS TO BOOST MARKET            100

9.4.2      USE CASES        100

9.4.2.1   Disaster Response Coordination      100

9.4.2.2   Remote Governance and Public Services        100

9.5         MINING              101

9.5.1      ADOPTION OF 5G CONNECTIVITY IN MINING SECTOR TO FACILITATE WORKER SAFETY           101

9.5.2      USE CASES        101

9.5.2.1   Remote Equipment Monitoring       101

9.5.2.2   Environmental Monitoring 101

9.6         OTHER END-USE INDUSTRIES  102

9.6.1      USE CASES        102

9.6.1.1   Smart Warehousing           102

9.6.1.2   Wildfire Detection and Prevention  102

9.6.1.3   Autonomous Driving         102

9.6.1.4   Real-Time Patient Monitoring         102

10          5G NTN MARKET, BY LOCATION            104

10.1       INTRODUCTION            105

10.1.1    LOCATIONS: 5G NTN MARKET DRIVERS             105

10.2       URBAN 106

10.2.1    HIGH-SPEED INTERNET CONNECTIVITY TO STRENGTHEN SMART INFRASTRUCTURE IN URBAN AREAS     106

10.3       RURAL 106

10.3.1    FOCUS ON ELIMINATING DIGITAL DIVIDE IN RURAL AREAS TO ENCOURAGE ADOPTION OF 5G NTN SYSTEMS 106

10.4       REMOTE            107

10.4.1    5G NTN SYSTEMS SUPPORT MOVEMENT OF WORKERS FROM URBAN TO REMOTE AREAS       107

10.5       ISOLATED         108

10.5.1    5G NTN SERVICES PROVIDE 5G COVERAGE IN ISOLATED AREAS              108

11          5G NTN MARKET, BY REGION   109

11.1       INTRODUCTION            110

11.2       NORTH AMERICA          111

11.2.1    NORTH AMERICA: 5G NTN MARKET DRIVERS   111

11.2.2    NORTH AMERICA: RECESSION IMPACT 111

11.2.3    US         115

11.2.3.1 Remarkable growth of smart connected devices to boost market growth   115

11.2.4    CANADA            115

11.2.4.1 Improvement in network connectivity in rural areas to drive market         115

11.3       EUROPE             116

11.3.1    EUROPE: 5G NTN MARKET DRIVERS      116

11.3.2    EUROPE: RECESSION IMPACT   116

11.3.3    UK         119

11.3.3.1 Deployment of 5G services to help reduce carbon emission        119

11.3.4    GERMANY         120

11.3.4.1 Initiatives by government to expand 5G coverage to spur growth             120

11.3.5    FRANCE             120

11.3.5.1 Advanced economy and flourishing IT market to drive use of 5G NTN systems              120

11.3.6    ITALY   120

11.3.6.1 Government initiatives and funding to drive use of 5G NTN systems       120

11.3.7    REST OF EUROPE           121

11.4       ASIA PACIFIC    121

11.4.1    ASIA PACIFIC: 5G NTN MARKET DRIVERS           121

11.4.2    ASIA PACIFIC: RECESSION IMPACT        121

11.4.3    CHINA  125

11.4.3.1 Successful field trial of 5G NTN to demonstrate communication services 125

11.4.4    INDIA   125

11.4.4.1 Increasing focus on smart infrastructure development to lead to adoption of 5G NTN services       125

11.4.5    SOUTH KOREA 126

11.4.5.1 Demand for 5G and 6G wireless technology to drive market      126

11.4.6    JAPAN  126

11.4.6.1 Strategic collaborations and 5G NTN advancements to drive market       126

11.4.7    REST OF ASIA PACIFIC  126

11.5       MIDDLE EAST & AFRICA             127

11.5.1    MIDDLE EAST & AFRICA: 5G NTN MARKET DRIVERS      127

11.5.2    MIDDLE EAST & AFRICA: RECESSION IMPACT   127

11.5.3    GCC COUNTRIES           130

11.5.3.1 UAE      130

11.5.3.1.1            Government initiatives and major companies to drive growth    130

11.5.3.2 Saudi Arabia        131

11.5.3.2.1            Initiatives by major players to drive growth    131

11.5.3.3 Rest of GCC Countries      131

11.5.4    SOUTH AFRICA 131

11.5.4.1 Focus of rural connectivity to drive growth of market   131

11.5.5    REST OF MIDDLE EAST & AFRICA           132

11.6       LATIN AMERICA             132

11.6.1    LATIN AMERICA: 5G NTN MARKET DRIVERS      132

11.6.2    LATIN AMERICA: RECESSION IMPACT   133

11.6.3    BRAZIL 135

11.6.3.1 Increased investment in digital infrastructure to drive demand for 5G NTN solutions 135

11.6.4    MEXICO             135

11.6.4.1 Focus of select companies on enhancing network connectivity to propel market              135

11.6.5    REST OF LATIN AMERICA          136

12          COMPETITIVE LANDSCAPE       137

12.1       INTRODUCTION            137

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          137

12.2.1    OVERVIEW OF STRATEGIES DEPLOYED BY KEY 5G NTN PLAYERS              137

12.3       REVENUE ANALYSIS      139

12.4       MARKET SHARE ANALYSIS         140

12.4.1    MARKET RANKING ANALYSIS   143

12.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   143

12.5.1    STARS  143

12.5.2    EMERGING LEADERS    143

12.5.3    PERVASIVE PLAYERS     143

12.5.4    PARTICIPANTS 144

12.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      145

12.5.5.1 Company Footprint           145

12.5.5.2 Offering Footprint             146

12.5.5.3 Location Footprint            147

12.5.5.4 Regional Footprint             148

12.6       STARTUP/SME EVALUATION MATRIX, 2023       149

12.6.1    PROGRESSIVE COMPANIES       149

12.6.2    RESPONSIVE COMPANIES          149

12.6.3    DYNAMIC COMPANIES 149

12.6.4    STARTING BLOCKS       149

12.6.5    COMPETITIVE BENCHMARKING            151

12.7       COMPETITIVE SCENARIO          152

12.7.1    PRODUCT LAUNCHES  152

12.7.2    DEALS  153

12.8       BRAND/PRODUCT COMPARISON          157

12.9       COMPANY VALUATION AND FINANCIAL METRICS        158

13          COMPANY PROFILES    159

13.1       KEY PLAYERS   159

13.1.1    THALES             159

13.1.1.1 Business overview 159

13.1.1.2 Products/Solutions/Services offered 160

13.1.1.3 Recent developments         161

13.1.1.3.1            Deals     161

13.1.1.4 MnM view           161

13.1.1.4.1            Right to win         161

13.1.1.4.2            Strategic choices made       161

13.1.1.4.3            Weaknesses and competitive threats 161

13.1.2    ECHOSTAR CORPORATION       162

13.1.2.1 Business overview 162

13.1.2.2 Products/Solutions/Services offered 163

13.1.2.3 Recent developments         164

13.1.2.3.1            Product launches 164

13.1.2.3.2            Deals     164

13.1.2.3.3            Others   165

13.1.2.4 MnM view           165

13.1.2.4.1            Right to win         165

13.1.2.4.2            Strategic choices made       165

13.1.2.4.3            Weaknesses and competitive threats 165

13.1.3    QUALCOMM TECHNOLOGIES  166

13.1.3.1 Business overview 166

13.1.3.2 Products/Solutions/Services offered 167

13.1.3.3 Recent developments         168

13.1.3.3.1            Product launches 168

13.1.3.3.2            Deals     169

13.1.3.4 MnM view           169

13.1.3.4.1            Right to win         169

13.1.3.4.2            Strategic choices made       169

13.1.3.4.3            Weaknesses and competitive threats 170

13.1.4    MEDIATEK        171

13.1.4.1 Business overview 171

13.1.4.2 Products/Solutions/Services offered 172

13.1.4.3 Recent developments         173

13.1.4.3.1            Product launches 173

13.1.4.3.2            Deals     173

13.1.4.4 MnM view           174

13.1.4.4.1            Right to win         174

13.1.4.4.2            Strategic choices made       174

13.1.4.4.3            Weaknesses and competitive threats 174

13.1.5    SPACEX 175

13.1.5.1 Business overview 175

13.1.5.2 Products/Solutions/Services offered 175

13.1.5.3 Recent developments         176

13.1.5.3.1            Product launches 176

13.1.5.3.2            Deals     176

13.1.5.4 MnM view           177

13.1.5.4.1            Right to win         177

13.1.5.4.2            Strategic choices made       177

13.1.5.4.3            Weaknesses and competitive threats 177

13.1.6    KEYSIGHT TECHNOLOGIES      178

13.1.6.1 Business overview 178

13.1.6.2 Products/Solutions/Services offered 179

13.1.6.3 Recent developments         180

13.1.6.3.1            Product launches 180

13.1.6.3.2            Deals     180

13.1.7    GATEHOUSE    182

13.1.7.1 Business overview 182

13.1.7.2 Products/Solutions/Services offered 182

13.1.7.3 Recent developments         183

13.1.7.3.1            Deals     183

13.1.8    SOFTBANK GROUP        185

13.1.8.1 Business overview 185

13.1.8.2 Products/Solutions/Services offered 186

13.1.8.3 Recent developments         187

13.1.8.3.1            Product launches 187

13.1.8.3.2            Deals     187

13.1.9    ROHDE & SCHWARZ      189

13.1.9.1 Business overview 189

13.1.9.2 Products/Solutions/Services offered 189

13.1.9.3 Recent developments         190

13.1.9.3.1            Deals     190

13.1.10  SES        192

13.1.10.1             Business overview 192

13.1.10.2             Products/Solutions/Services offered 193

13.1.10.3             Recent developments         194

13.1.10.3.1          Deals     194

13.1.11  ZTE       195

13.1.11.1             Business overview 195

13.1.11.2             Products/Solutions/Services offered 196

13.1.11.3             Recent developments         197

13.1.11.3.1          Product launches 197

13.1.11.3.2          Deals     197

13.1.12  VIAVI SOLUTIONS INC. 198

13.1.13  TELEFONICA    199

13.1.14  VIASAT 200

13.1.15  GLOBALSTAR   201

13.1.16  SPIRENT COMMUNICATIONS    202

13.1.17  ERICSSON          203

13.1.18  NOKIA  204

13.1.19  RADISYS            205

13.1.20  TELESAT           205

13.2       STARTUPS/SMES           206

13.2.1    AST SPACEMOBILE       206

13.2.2    ONEWEB           207

13.2.3    OMNISPACE      208

13.2.4    SKYLO  209

13.2.5    SPACEIOT         210

13.2.6    SATELIOT         211

13.2.7    NELCO 212

13.2.8    KUIPER SYSTEMS           213

14          ADJACENT/RELATED MARKETS             214

14.1       MARITIME SATELLITE COMMUNICATION         214

14.1.1    MARKET OVERVIEW     214

14.1.2    MARITIME SATELLITE COMMUNICATION MARKET, BY COMPONENT              214

14.1.3    MARITIME SATELLITE COMMUNICATION MARKET, BY SOLUTION              216

14.1.4    MARITIME SATELLITE COMMUNICATION MARKET, BY SERVICE              218

14.1.5    MARITIME SATELLITE COMMUNICATION MARKET, BY END USER              218

14.2       NANOSATELLITE AND MICROSATELLITE MARKET        220

14.2.1    MARKET DEFINITION   220

14.2.2    NANOSATELLITE AND MICROSATELLITE MARKET, BY COMPONENT              220

14.2.3    NANOSATELLITE AND MICROSATELLITE MARKET, BY TYPE     221

14.2.4    NANOSATELLITE AND MICROSATELLITE MARKET, BY ORGANIZATION SIZE    222

14.2.5    NANOSATELLITE AND MICROSATELLITE MARKET, BY APPLICATION              222

14.2.6    NANOSATELLITE AND MICROSATELLITE MARKET, BY VERTICAL              223

14.2.7    NANOSATELLITE AND MICROSATELLITE MARKET, BY FREQUENCY              224

15          APPENDIX         226

15.1       DISCUSSION GUIDE      226

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             229

15.3       CUSTOMIZATION OPTIONS      231

15.4       RELATED REPORTS       231

15.5       AUTHOR DETAILS         232

LIST OF TABLES

TABLE 1             USD EXCHANGE RATES, 2020–2023         28

TABLE 2             MARKET FORECAST      37

TABLE 3             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE (USD)         54

TABLE 4             INDICATIVE PRICING ANALYSIS OF 5G NTN, BY SERVICE (USD)              55

TABLE 5             5G NTN MARKET: ROLE OF PLAYERS IN MARKET ECOSYSTEM              57

TABLE 6             EXPORT SCENARIO FOR HS CODE: 851761, BY COUNTRY,

2021–2023 (USD THOUSAND)     63

TABLE 7             IMPORT SCENARIO FOR HS CODE: 851761, BY COUNTRY,

2021–2023 (USD THOUSAND)     65

TABLE 8             5G NTN MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025        69

TABLE 9             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         72

TABLE 10           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         72

TABLE 11           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         73

TABLE 12           MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         73

TABLE 13           LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         74

TABLE 14           IMPACT OF PORTER’S FIVE FORCES ON 5G NTN MARKET              76

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY LOCATIONS            78

TABLE 16           KEY BUYING CRITERIA 79

TABLE 17           5G NTN MARKET, BY OFFERING, 2023–2029 (USD MILLION)              81

TABLE 18           HARDWARE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          82

TABLE 19           SOFTWARE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          83

TABLE 20           5G NTN MARKET, BY SERVICE, 2023–2029 (USD MILLION)              83

TABLE 21           SERVICES: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          84

TABLE 22           DEPLOYMENT SERVICES: 5G NTN MARKET, BY REGION,

2023–2029 (USD MILLION)          84

TABLE 23           CONNECTIVITY SERVICES: 5G NTN MARKET, BY REGION,

2023–2029 (USD MILLION)          85

TABLE 24           5G NTN MARKET, BY PLATFORM, 2023–2029 (USD MILLION)              88

TABLE 25           UAS PLATFORM: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          88

TABLE 26           LEO SATELLITE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          89

TABLE 27           MEO SATELLITE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          90

TABLE 28           GEO SATELLITE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          90

TABLE 29           5G NTN MARKET, BY APPLICATION, 2023–2029 (USD MILLION)              92

TABLE 30           EMBB: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)              93

TABLE 31           MMTC: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          94

TABLE 32           URLLC: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          95

TABLE 33           5G NTN MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION)          98

TABLE 34           MARITIME: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          99

TABLE 35           AEROSPACE & DEFENSE: 5G NTN MARKET, BY REGION,

2023–2029 (USD MILLION)          100

TABLE 36           GOVERNMENT: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          101

TABLE 37           MINING: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          102

TABLE 38           OTHER END-USE INDUSTRIES: 5G NTN MARKET, BY REGION,

2023–2029 (USD MILLION)          103

TABLE 39           5G NTN MARKET, BY LOCATION, 2023–2029 (USD MILLION)              105

TABLE 40           URBAN: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          106

TABLE 41           RURAL: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          107

TABLE 42           REMOTE: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          107

TABLE 43           ISOLATED: 5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)          108

TABLE 44           5G NTN MARKET, BY REGION, 2023–2029 (USD MILLION)              111

TABLE 45           NORTH AMERICA: 5G NTN MARKET, BY OFFERING, 2023–2029 (USD MILLION) 112

TABLE 46           NORTH AMERICA: 5G NTN MARKET, BY SERVICE, 2023–2029 (USD MILLION) 113

TABLE 47           NORTH AMERICA: 5G NTN MARKET, BY PLATFORM, 2023–2029 (USD MILLION) 113

TABLE 48           NORTH AMERICA: 5G NTN MARKET, BY END-USE INDUSTRY,

2023–2029 (USD MILLION)          113

TABLE 49           NORTH AMERICA: 5G NTN MARKET, BY APPLICATION, 2023–2029 (USD MILLION)     114

TABLE 50           NORTH AMERICA: 5G NTN MARKET, BY LOCATION, 2023–2029 (USD MILLION) 114

TABLE 51           NORTH AMERICA: 5G NTN MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 114

TABLE 52           EUROPE: 5G NTN MARKET, BY OFFERING, 2023–2029 (USD MILLION)          117

TABLE 53           EUROPE: 5G NTN MARKET, BY SERVICE, 2023–2029 (USD MILLION)          117

TABLE 54           EUROPE: 5G NTN MARKET, BY PLATFORM, 2023–2029 (USD MILLION)          117

TABLE 55           EUROPE: 5G NTN MARKET, BY END-USE INDUSTRY, 2023–2029 (USD MILLION) 118

TABLE 56           EUROPE: 5G NTN MARKET, BY APPLICATION, 2023–2029 (USD MILLION)          118

TABLE 57           EUROPE: 5G NTN MARKET, BY LOCATION, 2023–2029 (USD MILLION)          118

TABLE 58           EUROPE: 5G NTN MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          119

TABLE 59           ASIA PACIFIC: 5G NTN MARKET, BY OFFERING, 2023–2029 (USD MILLION)          122

TABLE 60           ASIA PACIFIC: 5G NTN MARKET, BY SERVICE, 2023–2029 (USD MILLION)          123

TABLE 61           ASIA PACIFIC: 5G NTN MARKET, BY PLATFORM, 2023–2029 (USD MILLION) 123

TABLE 62           ASIA PACIFIC: 5G NTN MARKET, BY END-USE INDUSTRY,

2023–2029 (USD MILLION)          123

TABLE 63           ASIA PACIFIC: 5G NTN MARKET, BY APPLICATION, 2023–2029 (USD MILLION) 124

TABLE 64           ASIA PACIFIC: 5G NTN MARKET, BY LOCATION, 2023–2029 (USD MILLION)          124

TABLE 65           ASIA PACIFIC: 5G NTN MARKET, BY COUNTRY, 2023–2029 (USD MILLION)          124

TABLE 66           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY OFFERING,

2023–2029 (USD MILLION)          128

TABLE 67           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY SERVICE,

2023–2029 (USD MILLION)          128

TABLE 68           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY PLATFORM,

2023–2029 (USD MILLION)          128

TABLE 69           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY END-USE INDUSTRY,

2023–2029 (USD MILLION)          129

TABLE 70           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY APPLICATION,

2023–2029 (USD MILLION)          129

TABLE 71           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY LOCATION,

2023–2029 (USD MILLION)          129

TABLE 72           MIDDLE EAST & AFRICA: 5G NTN MARKET, BY REGION,

2023–2029 (USD MILLION)          130

TABLE 73           LATIN AMERICA: 5G NTN MARKET, BY OFFERING, 2023–2029 (USD MILLION) 133

TABLE 74           LATIN AMERICA: 5G NTN MARKET, BY SERVICE, 2023–2029 (USD MILLION) 133

TABLE 75           LATIN AMERICA: 5G NTN MARKET, BY PLATFORM, 2023–2029 (USD MILLION) 133

TABLE 76           LATIN AMERICA: 5G NTN MARKET, BY END-USE INDUSTRY,

2023–2029 (USD MILLION)          134

TABLE 77           LATIN AMERICA: 5G NTN MARKET, BY APPLICATION, 2023–2029 (USD MILLION)     134

TABLE 78           LATIN AMERICA: 5G NTN MARKET, BY LOCATION, 2023–2029 (USD MILLION) 134

TABLE 79           LATIN AMERICA: 5G NTN MARKET, BY COUNTRY, 2023–2029 (USD MILLION) 135

TABLE 80           5G NTN MARKET: DEGREE OF COMPETITION   141

TABLE 81           OFFERING FOOTPRINT, 2023    146

TABLE 82           LOCATION FOOTPRINT, 2023   147

TABLE 83           REGIONAL FOOTPRINT, 2023    148

TABLE 84           DETAILED LIST OF STARTUPS/SMES, 2023         151

TABLE 85           COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              152

TABLE 86           5G NTN MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2023      152

TABLE 87           5G NTN MARKET: DEALS, JANUARY 2021–MARCH 2024  153

TABLE 88           THALES: BUSINESS OVERVIEW 159

TABLE 89           THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160

TABLE 90           THALES: DEALS             161

TABLE 91           ECHOSTAR CORPORATION: BUSINESS OVERVIEW         162

TABLE 92           ECHOSTAR CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   163

TABLE 93           ECHOSTAR CORPORATION: PRODUCT LAUNCHES       164

TABLE 94           ECHOSTAR CORPORATION: DEALS       164

TABLE 95           ECHOSTAR CORPORATION: CONTRACTS          165

TABLE 96           QUALCOMM: BUSINESS OVERVIEW       166

TABLE 97           QUALCOMM: PRODUCTS/SOLUTIONS/SERVICES OFFERED              167

TABLE 98           QUALCOMM: PRODUCT LAUNCHES     168

TABLE 99           QUALCOMM: DEALS     169

TABLE 100         MEDIATEK: BUSINESS OVERVIEW          171

TABLE 101         MEDIATEK: PRODUCTS/SOLUTIONS/SERVICES OFFERED              172

TABLE 102         MEDIATEK: PRODUCT LAUNCHES         173

TABLE 103         MEDIATEK: DEALS        173

TABLE 104         SPACEX: BUSINESS OVERVIEW  175

TABLE 105         SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 175

TABLE 106         SPACEX: PRODUCT LAUNCHES 176

TABLE 107         SPACEX: DEALS 176

TABLE 108         KEYSIGHT TECHNOLOGIES: BUSINESS OVERVIEW         178

TABLE 109         KEYSIGHT TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED   179

TABLE 110         KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES       180

TABLE 111         KEYSIGHT TECHNOLOGIES: DEALS       180

TABLE 112         GATEHOUSE: BUSINESS OVERVIEW       182

TABLE 113         GATEHOUSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED              182

TABLE 114         GATEHOUSE: DEALS     183

TABLE 115         SOFTBANK GROUP: BUSINESS OVERVIEW          185

TABLE 116         SOFTBANK GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          186

TABLE 117         SOFTBANK GROUP: PRODUCT LAUNCHES        187

TABLE 118         SOFTBANK GROUP: DEALS        187

TABLE 119         ROHDE & SCHWARZ: BUSINESS OVERVIEW        189

TABLE 120         ROHDE & SCHWARZ: PRODUCTS/SOLUTIONS/SERVICES OFFERED          189

TABLE 121         ROHDE & SCHWARZ: DEALS      190

TABLE 122         SES: BUSINESS OVERVIEW         192

TABLE 123         SES: PRODUCTS/SOLUTIONS/SERVICES OFFERED         193

TABLE 124         SES: DEALS        194

TABLE 125         ZTE: BUSINESS OVERVIEW        195

TABLE 126         ZTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED        196

TABLE 127         ZTE: PRODUCT LAUNCHES       197

TABLE 128         ZTE: DEALS       197

TABLE 129         MARITIME SATELLITE COMMUNICATION MARKET, BY COMPONENT,

2016–2018 (USD MILLION)          214

TABLE 130         MARITIME SATELLITE COMMUNICATION MARKET, BY COMPONENT,

2019–2025 (USD MILLION)          215

TABLE 131         SOLUTIONS: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2016–2018 (USD MILLION)          215

TABLE 132         SOLUTIONS: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2019–2025 (USD MILLION)          215

TABLE 133         SERVICES: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2016–2018 (USD MILLION)          216

TABLE 134         SERVICES: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2019–2025 (USD MILLION)          216

TABLE 135         MARITIME SATELLITE COMMUNICATION MARKET, BY SOLUTION,

2016–2018 (USD MILLION)          216

TABLE 136         MARITIME SATELLITE COMMUNICATION MARKET, BY SOLUTION,

2019–2025 (USD MILLION)          217

TABLE 137         VSAT: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2016–2018 (USD MILLION)          217

TABLE 138         VSAT: MARITIME SATELLITE COMMUNICATION MARKET, BY REGION,

2019–2025 (USD MILLION)          217

TABLE 139         MARITIME SATELLITE COMMUNICATION MARKET, BY SERVICE,

2016–2018 (USD MILLION)          218

TABLE 140         MARITIME SATELLITE COMMUNICATION MARKET, BY SERVICE,

2019–2025 (USD MILLION)          218

TABLE 141         MARITIME SATELLITE COMMUNICATION MARKET, BY END USER,

2016–2018 (USD MILLION)          219

TABLE 142         MARITIME SATELLITE COMMUNICATION MARKET, BY END USER,

2019–2025 (USD MILLION)          219

TABLE 143         NANOSATELLITE AND MICROSATELLITE MARKET, BY COMPONENT,

2017–2021 (USD MILLION)          220

TABLE 144         NANOSATELLITE AND MICROSATELLITE MARKET, BY COMPONENT,

2022–2027 (USD MILLION)          221

TABLE 145         NANOSATELLITE AND MICROSATELLITE MARKET, BY TYPE,

2017–2021 (USD MILLION)          221

TABLE 146         NANOSATELLITE AND MICROSATELLITE MARKET, BY TYPE,

2022–2027 (USD MILLION)          221

TABLE 147         NANOSATELLITE AND MICROSATELLITE MARKET, BY ORGANIZATION SIZE,

2017–2021 (USD MILLION)          222

TABLE 148         NANOSATELLITE AND MICROSATELLITE MARKET, BY ORGANIZATION SIZE,

2022–2027 (USD MILLION)          222

TABLE 149         NANOSATELLITE AND MICROSATELLITE MARKET, BY APPLICATION,

2017–2021 (USD MILLION)          223

TABLE 150         NANOSATELLITE AND MICROSATELLITE MARKET, BY APPLICATION,

2022–2027 (USD MILLION)          223

TABLE 151         NANOSATELLITE AND MICROSATELLITE MARKET, BY VERTICAL,

2017–2021 (USD MILLION)          224

TABLE 152         NANOSATELLITE AND MICROSATELLITE MARKET, BY VERTICAL,

2022–2027 (USD MILLION)          224

TABLE 153         NANOSATELLITE AND MICROSATELLITE MARKET, BY FREQUENCY,

2017–2021 (USD MILLION)          225

TABLE 154         NANOSATELLITE AND MICROSATELLITE MARKET, BY FREQUENCY,

2022–2027 (USD MILLION)          225

LIST OF FIGURES

FIGURE 1           5G NTN MARKET: RESEARCH DESIGN   30

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM HARDWARE, SOFTWARE, AND SERVICES OF

5G NTN MARKET           35

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS (TOP-DOWN)             36

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS          37

FIGURE 5           DATA TRIANGULATION             38

FIGURE 6           LIMITATIONS   39

FIGURE 7           5G NTN MARKET, 2024–2029 (USD MILLION)      41

FIGURE 8           5G NTN MARKET, BY REGION, 2024        42

FIGURE 9           INCREASING DEMAND FOR INTERNET IN REMOTE AND ISOLATED AREAS

TO DRIVE MARKET GROWTH   43

FIGURE 10         SERVICES SEGMENT TO REGISTER HIGHEST GROWTH RATE DURING

FORECAST PERIOD       43

FIGURE 11         RURAL SEGMENT ESTIMATED TO LEAD MARKET IN 2024              44

FIGURE 12         EMBB SEGMENT TO ACCOUNT FOR LARGEST MARKET BY 2029              44

FIGURE 13         MARITIME TO ACCOUNT FOR LARGEST MARKET BY 2029              45

FIGURE 14         GEO SATELLITE TO ACCOUNT FOR LARGEST MARKET BY 2024              45

FIGURE 15         HARDWARE AND GEO SATELLITE SEGMENTS TO ACCOUNT FOR SIGNIFICANT SHARES IN 2024         46

FIGURE 16         5G NTN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES        47

FIGURE 17         BRIEF HISTORY OF 5G NTN TECHNOLOGY        52

FIGURE 18         TRENDS & DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES      53

FIGURE 19         AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY HARDWARE      54

FIGURE 20         5G NTN MARKET: VALUE CHAIN ANALYSIS        55

FIGURE 21         5G NTN MARKET: ECOSYSTEM ANALYSIS           57

FIGURE 22         LIST OF MAJOR PATENTS IN 5G NTN MARKET  61

FIGURE 23         EXPORT SCENARIO FOR HS CODE: 851761, BY COUNTRY,

2021–2023 (USD THOUSAND)     63

FIGURE 24         IMPORT SCENARIO FOR HS CODE: 851761, BY COUNTRY,

2021–2023 (USD THOUSAND)     64

FIGURE 25         5G NTN MARKET: PORTER’S FIVE FORCES ANALYSIS     76

FIGURE 26         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR KEY LOCATIONS   78

FIGURE 27         KEY BUYING CRITERIA 78

FIGURE 28         INVESTMENT AND FUNDING SCENARIO            79

FIGURE 29         SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       81

FIGURE 30         LEO SATELLITE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD     87

FIGURE 31         MMTC SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       92

FIGURE 32         AEROSPACE & DEFENSE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD        97

FIGURE 33         ISOLATED SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       105

FIGURE 34         5G NTN MARKET: REGIONAL SNAPSHOT           110

FIGURE 35         5G NTN MARKET, BY REGION, 2024 VS. 2029 (USD MILLION)              110

FIGURE 36         NORTH AMERICA: 5G NTN MARKET SNAPSHOT             112

FIGURE 37         ASIA PACIFIC: 5G NTN MARKET SNAPSHOT       122

FIGURE 38         HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 (USD MILLION) 139

FIGURE 39         SHARE OF LEADING COMPANIES IN 5G NTN MARKET, 2023              140

FIGURE 40         MARKET RANKING ANALYSIS OF TOP FIVE PLAYERS     143

FIGURE 41         5G NTN MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 144

FIGURE 42         COMPANY FOOTPRINT, 2024    145

FIGURE 43         5G NTN MARKET: STARTUP/SME EVALUATION MATRIX, 2023              150

FIGURE 44         BRAND/PRODUCT COMPARISON          157

FIGURE 45         COMPANY VALUATION (USD MILLION)             158

FIGURE 46         FINANCIAL METRICS OF KEY 5G NTN VENDORS, 2024   158

FIGURE 47         THALES: COMPANY SNAPSHOT 160

FIGURE 48         ECHOSTAR CORPORATION: COMPANY SNAPSHOT       163

FIGURE 49         QUALCOMM: COMPANY SNAPSHOT     167

FIGURE 50         MEDIATEK: COMPANY SNAPSHOT        172

FIGURE 51         KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT       179

FIGURE 52         SOFTBANK GROUP: COMPANY SNAPSHOT        186

FIGURE 53         SES: COMPANY SNAPSHOT        193

FIGURE 54         ZTE: COMPANY SNAPSHOT       196