The study involved four major activities in estimating the current size of the global 5G NTN market. Exhaustive secondary research collected information on the market, peer, and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total 5G NTN market size. After that, the market breakup and data triangulation techniques were used to estimate the market size of segments and subsegments.
Secondary Research
Various secondary sources, such as Bloomberg and BusinessWeek, were consulted in the secondary research process to identify and collect information for this study. The secondary sources included company annual reports, press releases, investor presentations, white papers, journals, articles from recognized authors, directories, and databases.
Primary Research
Various primary sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Marketing Officers (CMO), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the 5G NTN market along with the associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Following is the breakup of primary respondents.
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Market Size Estimation
The top-down and bottom-up approaches were used to estimate and forecast the 5G NTN and other dependent submarkets. The bottom-up procedure was used to arrive at the overall market size of the global 5G NTN market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:
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Key players in the market have been identified through extensive secondary research.
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In terms of value, the industry’s supply chain and market size have been determined through primary and secondary research processes.
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All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.
5G NTN Market Size: Bottom-Up Approach
5G NTN Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size, the 5G NTN market was divided into several segments and subsegments. A data triangulation procedure was used to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with data triangulation and market breakdown, the market size was validated by the top-down and bottom-up approaches.
Market Definition
Non-Terrestrial Networks (NTN) can satisfy requests for anywhere and anytime connection by offering wide-area coverage and ensuring service availability, continuity, and scalability. 5G NTN, a 5G non-terrestrial network, expands 5G technology by incorporating satellite communication into its infrastructure. This allows for global connectivity, bridging the gap for remote and underserved areas. 5G NTN leverages a unique combination of satellite constellations, ground-based infrastructure, and advanced protocols, enabling seamless and reliable global communication.
Key Stakeholders
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Satellite operators
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Suppliers, distributors, and contractors
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Mobile operators
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Business organizations
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Government organizations
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System integrators
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Value-added resellers
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Vendors of software applications
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Investors and venture capitalists
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Government and financial institutions
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Research institutes and organizations
Report Objectives
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To determine, segment, and forecast the 5G NTN market by offering, platform, end-use industry, application, and region in terms of value.
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To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
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To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the 5G NTN market.
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To study the complete value chain and related industry segments and perform a value chain analysis of the market landscape
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To strategically analyze the macro and micro-markets with respect to individual growth trends, prospects, and contributions to the total market
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To analyze the industry trends, pricing data, patents, and innovations related to the market
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To analyze the opportunities for stakeholders by identifying the high-growth segments of the market
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To profile the key players in the market and comprehensively analyze their market share/ranking and core competencies
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To track and analyze competitive developments, such as mergers & acquisitions, product launches & developments, partnerships, agreements, collaborations, business expansions, and R&D activities
Available Customizations
With the given market data, MarketsandMarkets offers customizations per the company’s specific needs
The following customization options are available for the report:
Country-wise information
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Analysis for additional countries (up to five)
Company Information
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Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in 5G NTN Market