Mon Jun 9, 3:06AM CDT "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)." 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. The size of the global 5G NTN market is expected to increase at a Compound Annual Growth Rate (CAGR) of 34.7% from USD 7.2 billion in 2024 to USD 31.7 billion by 2029. One major factor propelling the 5G NTN market is the digital divide. Due to difficult terrain and scarce populations, traditional cell towers have difficulty reaching isolated and rural places, which results in limited or nonexistent internet connection in these areas. 5G NTN gets around these restrictions, especially when using satellite technology. This opens doors for social inclusion, healthcare, education, and economic growth by allowing these neglected areas to finally take part in the digital revolution. As governments and business enterprises work to connect the disconnected, this bridge across the digital divide drives the 5G NTN market. Top Companies in the 5G NTN Market The major vendors covered in the 5G NTN market are 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 footprint in the 5G NTN market. EchoStar Corporation EchoStar is a provider of satellite communications and video delivery solutions. EchoStar Corporation operates in four main segments: Pay-TV, Retail Wireless, 5G Network Deployment, and Broadband and Satellite Services. The company provides secure communication services and technologies through its subsidiaries, EchoStar Satellite Services and Hughes Network Systems. The company offers its products and services through satellite, data, and video and broadcast services. EchoStar Satellite Services provides satellite communications infrastructure and solutions to support various industries, such as enterprises, government and defense, and media and broadcast organizations. Keysight Technologies Keysight Technologies is a global provider of electronic design and test solutions, structured around three main business segments: the Communications Solutions Group (CSG), the Aerospace, Defense, and Government (ADG) segment, and the Electronic Industrial Solutions Group (EISG). Offering a wide range of products, such as network application solutions necessary for developing technologies like 5G, 6G, and IoT, RF/microwave equipment, and electrical design and test software, the CSG serves the global commercial communications industry. The ADG section provides solutions for electromagnetic spectrum operations, radars, satellites, and surveillance systems to manufacturers and research institutes in the aerospace and defence industries. EISG offers software and equipment for electrical testing, design verification, and production automation in addition to AI-driven test automation solutions. The company focuses on high-value applications in the automotive, energy, consumer electronics, and semiconductor sectors. With more than 32,000 clients in 100 countries, Keysight Technologies has established many contracts, alliances, and alliances with well-known suppliers, cellular carriers, and system integrators. Qualcomm Technologies, Inc Qualcomm Technologies, Inc. is a leading American multinational corporation headquartered in San Diego, California. The company is a subsidiary of Qualcomm Incorporated and specializes in the development and commercialization of wireless telecommunications products and services. Qualcomm is renowned for its pioneering advancements in 5G technology, mobile processors, and cellular modem technologies. The company's innovations in chipsets and software have become integral to the functioning of modern smartphones, tablets, and other wireless devices, making Qualcomm a crucial player in the global technology landscape. GateHouse SatCom A/S GateHouse SatCom A/S, based in Denmark, is a prominent provider of satellite communication software solutions. The company focuses on the development of advanced communication protocols and technologies for satellite and wireless communications. GateHouse SatCom's expertise lies in delivering high-performance and reliable software solutions that enable seamless connectivity in challenging and remote environments. Their products are widely used in various industries, including maritime, aerospace, and defense, where robust and secure communication is essential. Rohde & Schwarz GmbH & Co KG Rohde & Schwarz GmbH & Co KG is a globally recognized German company headquartered in Munich, specializing in electronics and communication technology. Founded in 1933, the company has a long-standing history of innovation in test and measurement equipment, broadcasting, secure communications, and network testing. Rohde & Schwarz's comprehensive portfolio includes spectrum analyzers, signal generators, oscilloscopes, and wireless communication testers. The company's cutting-edge solutions are utilized by industries ranging from telecommunications and aerospace to defense and media, underscoring its reputation as a leader in the technology sector. Media Contact