5G NTN Market Size, Precise, Powerful, & Measurable Forecast 2031

Kings Research published a new report on 5G NTN Market Global Industry Size, Share, Growth, Industry Trends & Forecast 2031, 5G NTN Market was expected to be UUSD 4.99 billion in 2023, projected to rise at a compound annual growth rate CAGR of 30.60% from 2024 to 2031, and estimated to be USD 41.78 billion in 2031.

Key Companies in 5G NTN Market
SES S.A.
EchoStar Corporation
AST & Science, LLC
oneweb.net.
Rohde & Schwarz
Gatehouse Satcom A/S
Omnispace, LLC
Thales
Skylo

Keysight Technologies

Strategic Collaborations and Technological Integration
The market's expansion is further accelerated by strategic partnerships and collaborations among satellite operators, telecommunications companies, and technology providers. These collaborations facilitate innovation and drive market growth by integrating terrestrial and non-terrestrial networks, thus opening new avenues for revenue generation and market differentiation.

Full Insights @ https://www.kingsresearch.com/5g-ntn-market-661

By 2031, Europe is expected to bring in a significant amount of money—USD 9.66 billion. The region's multi-access edge computing (MEC) infrastructure and 5G NTN technological convergence are the primary drivers of this expansion. Thanks to this integration, European operators may now offer cutting-edge services like high-bandwidth, low-latency autonomous cars, augmented reality (AR), and virtual reality (VR).