Asia Pacific 5g Ntn Market Size & Outlook, 2023-2030
Asia Pacific 5g ntn market highlights
- The Asia Pacific 5g ntn market generated a revenue of USD 1,306.0 million in 2023.
- The market is expected to grow at a CAGR of 34% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,306.0 million |
| Market revenue in 2030 | USD 10,136.3 million |
| Growth rate | 34% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | Thales, EchoStar Corp Class A, Qualcomm Inc, MediaTek Inc, Keysight Technologies Inc, ANRITSU CORPORATION, Telefonaktiebolaget L M Ericsson ADR, SoftBank Group Corp, ZTE Corp Class H |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.7% of the global 5g ntn market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,136.3 million by 2030.
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5G NTN Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ANRITSU CORPORATION | View profile | 1001-5000 | Atsugi, Kanagawa, Japan, Asia | https://www.anritsu.com |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| EchoStar Corp Class A | View profile | 15300 | 9601 South Meridian Boulevard, Englewood, CO, United States, 80112 | https://www.echostar.com |
| ZTE Corp Class H | View profile | 72093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | https://www.zte.com.cn |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| MediaTek Inc | View profile | 6999 | No. 1, Dusing 1st Road, Hsinchu Science Park, Hsinchu City, Taiwan, 30078 | https://www.mediatek.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
Asia Pacific 5g ntn market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g ntn market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific 5g ntn market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of 5g ntn market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific 5g ntn market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific 5g ntn market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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