From GlobeNewswire: 2025-03-28 10:00:00

The 5G NTN Market was valued at USD 5.5 billion in 2023, projected to reach USD 77.9 billion by 2032, with a CAGR of 34.14%. Major players include SpaceX, OneWeb, Telesat, Amazon, AST SpaceMobile, SES S.A., Eutelsat, Inmarsat, Thales Group, Lockheed Martin, and more.

Hardware dominates the market with 47% share, while services are expected to register the fastest CAGR. UAS Platform leads in platform analysis, with LEO Satellite set for fastest growth. Urban segment dominates in location analysis, with rural segment showing rapid growth.

eMBB application dominates, while MMTC registers fastest growth. Aerospace & Defense leads in end-use analysis, while the Maritime segment is projected to grow fastest. North America dominates regional insights, with Asia-Pacific poised for fastest growth in the 5G NTN Market. Key market players like SpaceX, Amazon, and AT&T are driving regional leadership in the 5G NTN market. The Asia-Pacific region is expected to have the fastest growth rate, with countries like India, China, and Japan adopting NTN solutions for better connectivity in rural and island areas. The demand for 5G NTN services is also rising due to expanding smart cities and industrial growth. For more information, visit https://www.snsinsider.com/reports/5g-ntn-market-5978. SNS Insider offers consulting services such as Go To Market Assessment, Total Addressable Market Assessment, and Competitive Benchmarking to help clients navigate the changing market landscape with confidence.



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