5G NTN Market Forecasts Growth from $11.91B (2026) to $45.55B by 2031, Profiling Thales, Qualcomm, SpaceX, Ericsson & Nokia

Company Logo The global 5G NTN market is projected to grow from USD 11.91 billion in 2026 to USD 45.55 billion by 2031, registering a 30.8% CAGR. Growth is driven by demand for satellite connectivity, direct-to-device services, NTN-enabled IoT, and resilient communications across remote, maritime, aviation, and disaster-prone areas. GEO satellites will hold the largest market share, while services will grow fastest. Asia Pacific is expected to record the highest growth, supported by smart cities, expanding mobile use, public safety needs, and aerospace, maritime, and defense adoption. Dublin, Sept.