5G NTN Market to Grow with Rising Connectivity Demands Across Sectors

CIOTechOutlook Team | Monday, 27 January 2025, 08:46 IST

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The 5G NTN Market is set for growth owing to the increasing need for worldwide connectivity spurred by sectors like telecommunications, defense, transportation, maritime, and agriculture. The Market was assessed at USD 7.86 Billion in 2024 and is predicted to grow to USD 46.53 Billion by 2030, with a CAGR of 34.30%.

The 5G NTN (Non-Terrestrial Network) market pertains to the combination of satellite and aerial communication systems with terrestrial 5G networks to provide seamless, high-speed, and dependable connectivity in remote, underserved, and mobile regions. In contrast to conventional 5G networks that depend solely on terrestrial infrastructure, 5G NTN utilizes satellites, high-altitude platforms, and drones to expand network availability to regions where ground-based networks are impractical or too expensive.

Governments and private companies are progressively funding 5G NTN infrastructure to facilitate essential applications such as enhanced mobile broadband (eMBB), ultra-reliable low latency communication (uRLLC), and massive machine-type communication (mMTC). Improvements in satellite technology, lower launch expenses, and the increasing number of low-earth orbit (LEO) satellites are boosting market expansion even more. Furthermore, the emergence of smart cities, self-driving cars, and Internet of Things (IoT) environments is driving the demand for seamless, high-speed connectivity that overcomes geographical obstacles.

Collaborations among satellite operators, network providers, and technology firms are facilitating the rollout of creative solutions to address the requirements of various end users. Support from global and regional regulators in allocating spectrum for 5G NTN and its integration with current infrastructure enhances market opportunities.

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