NTN for Evolution: 5G and 6-G Possibilities
Global 5G NTN Market
Dublin, 26 December 2022 (GLOBE NETWORKWIRE) “5G NTN Market by Component (Hardware, Solutions, Services), End-Use Industry (Maritime, Aerospace and Defense, Government, Mining), Application (EMBB, URLLC, and MMTC), & Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2027” Report has been added ResearchAndMarkets.com’s offering.
The market for 5G NTN will grow from USD3.2 billion in 2022, to USD 16.1 trillion by 2027 at a CAGR (38.2%) during the forecast period. To improve their operations, mining companies are using the most recent automation technologies.
Boliden, a Swedish miner, has partnered with Ericsson in order to create an autonomous gold mine. Ericsson also installed the 5G network at this site. The increasing demand for 5G NTN solutions is driven by the need for vessels that have high data rates for certain applications such as video and file transfer.
LEO satellite and platform will register higher CAGRs during the forecast period
LEO is a popular solution to create a 5G NTN network system. This will increase network coverage and give you ample opportunities to connect. Countries in the Middle East & Africa, such as Saudi Arabia and Abu Dhabi, are leveraging the capabilities of LEO technology to their vision for 2030.
Different governments in different countries support the expansion of network coverage. They integrate the terrestrial network with LEO spacecraft to create a 5G NTN network. Telesat and the Government of Canada signed a USD 600 million deal in July 2019 to reduce Canada’s connectivity gaps using the LEO satellite constellation of Telesat. In August 2022, MediaTek and Rohde & Schwarz collaborated to demonstrate the capabilities of 5G NTN to provide more reliable and fast connectivity by executing a NodeB network (gNB) test over an LEO satellite. A new milestone in 5G has been reached by the company when it powered a smartphone using a 5G NTN link for the first time.
eMBB to hold the largest market share for the forecast period through application
5G NTN was focused on the deployment and management of eMBB. This will provide high bandwidth with moderate latency and support high mobility at approximately 500 km/h. It can also handle 10,000 times more traffic. Release-18 discusses a few possible uses of eMBB. These include network power saving, mobility enhancement and MIMO. Numerous major players have adopted enhanced mobile broadband to provide 5G network connectivity comparable to LTE services. eMBB provides excellent broadband connectivity for rural and under-served areas via moving platforms like aircraft and vessels.
Asia Pacific will record the highest CAGR in the forecast period
The Asia Pacific region is home to a large number of people, a developing infrastructure, and high-tech technology. This has greatly influenced the growth of the 5G NTN marketplace. Adoption of 5G NTN solutions in this region is driven by the need for improved public safety in emergency situations and disasters. This region is experiencing a boom in smart infrastructures such as smart cities projects. This has created a greater need for public safety and security technology such as scanning and screening systems and critical communication networks. Many industries like aerospace, maritime, defense and other are using integrated 5G networks as well as satellite-based solutions to improve network coverage in different locations. The maritime sector has adopted maritime satellite technology to enable communication between employees located at distant offshore locations.
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
The following are the key topics covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry trends
6 5G Ntn Markets, By Component
6.1 Introduction
6.2 Hardware
6.3 Solutions
Services
7 5G Ntn Marketplace, by Platform
7.1 Introduction
7.2 UAS Platform
7.3 Leo Satellite
Satellite 7.4 Meo
Satellite 7.5 Geo
8 5G Ntn markets, by application
8.1 Introduction
8.2 EMBB
8.3 MMTC
8.4 URLLC
9 5G Ntn markets, by End Use Industry
9.1 Introduction
9.2 Maritime
9.3 Aerospace and Defense
9.4 Government
9.5 Mining
9.6 Other End Use Industries
10 5G Ntn markets, according to location
10.1 Introduction
Urban 10.2
10.3 Rural
Remote 10.4
10.5 Isolated
11 5G Ntn Marketplaces, By Region
12 Competitive Landscapes
13 Company Profiles
14 adjacent/related markets
15 Appendix
Companies Mentioned
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Anritsu
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Ast Spacemobile
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Echostar
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Ericsson
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Gatehouse
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Gilat Satellite Networks
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Globalstar
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Inmarsat
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Intelsat
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Keysight Technologies
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Mediatek
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Nelco
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Nokia
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Omnispace
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Oneweb
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Qualcomm
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Rohde & Schwarz
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Ses
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Skylo
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Softbank
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Spacex
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Spirit
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Telefonica
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Telesat
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Thales
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Thales Alenia Space
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Viasat
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Zte
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