Global Satellite NTN Market size was valued at USD 0.67 billion in 2023. It is likely to grow up to USD 2.9 billion by 2030 at a CAGR of 38.6% during the forecast period ranging between 2025 and 2030.
Satellite NTN refers to a network that functions from satellites and high-altitude platforms. It provides fast internet even in remote areas as its primary advantages include enhancing 5G and maintaining communication in emergency situations. Low-Earth Orbit (LEO) satellites, High-Earth Orbit (GEO/MEO) satellites, and High-Altitude Platform Systems (HAPS) comprise the technology. It is employed in space research, emergency services, military activities, rural areas, and maritime locations. This technology will be crucial to the development of 6G. The provision of connection in remote and challenging geographic places is the most significant trend in the global satellite NTN market. Around the world, millions of people continue to reside in places that are inaccessible to conventional mobile networks. However, high cost and infrastructure complexity hamper the market growth.
Browse market data Tables and Figures spread through 140 Pages and in-depth TOC on Global Satellite NTN Market By Orbit Type (Low Earth Orbit, Medium Earth Orbit, and Geostationary Earth Orbit), By Component (Antenna, Transponder, Receiver and Payloads), By Application (Maritime, Aviation, Defense, Emergency Response, Remote Connectivity and 5G and IoT Based Applications), By End User (Government, Defense, Enterprises, Telecom Companies and Civil Organizations) and By Geography (North America, Europe, Asia Pacific, Rest of the World) - Forecast from 2025 to 2030.
|
Segment / Key Players |
Categorization |
|
Orbit |
Low Earth Orbit, Medium Earth Orbit and Geostationary Earth Orbit |
|
Component |
Antenna, Transponder, Receiver and Payloads |
|
Application |
Maritime, Aviation, Defense, Emergency Response, Remote Connectivity and 5G and IoT Based Applications |
|
End User |
Government, Defense, Enterprises, Telecom Companies and Civil Organizations |
|
Key Players |
SpaceX (Starlink), OneWeb, Amazon (Project Kuiper), SES S.A., Inmarsat, Iridium Communications, Boeing, Airbus Defence and Space, L3Harris Technologies, Thales Alenia Space, Teledyne Technologies, Honeywell International, Qorvo Inc., Mercury Systems |
By Orbit, LEO satellites dominated the global satellite NTN market.
LEO satellites are considered to be the most promising as they offer low latency, high speed, and better coverage, especially in rural and remote areas.
"North America dominated the global satellite NTN market."
North America is leading the global satellite NTN market as it has a large number of technology companies, 5G networks and government investments in the space sector.
Some of the major players in this market are SpaceX (Starlink), OneWeb, Amazon (Project Kuiper), SES S.A., Inmarsat, Iridium Communications, Boeing, Airbus Defence and Space, L3Harris Technologies, Thales Alenia Space, Teledyne Technologies, Honeywell International, Qorvo Inc., Mercury Systems
Recent Developments by the Key Players
SpaceX has launched a Falcon 9 rocket from Cape Canaveral Space Force Station that has added another 28 Starlink satellites into low Earth orbit.
Tata Group's Nelco has collaborated with Eutelsat to roll out OneWeb's low Earth orbit (LEO) satellite connectivity services across India.
Global Satellite NTN Market coverage (By Value)
Geographical Segmentation
Global Satellite NTN Market by Region