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Stock impact report

Global 5G NTN Market Forecast to 2028: High Growth Projected in Asia Pacific with LEO Satellites and eMBB Applications Leading the Charge [Yahoo! Finance]

Telesat Corporation (TSAT) 
Company Research Source: Yahoo! Finance
Industry (Maritime, Aerospace & Defense, Government, Mining), Application (eMBB, URLLC, mMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The latest insights into the burgeoning field of non-terrestrial networks (NTN) project a robust growth trajectory for the global 5G NTN market. With an estimated leap from USD 4.2 billion to USD 23.5 billion, the market is anticipated to grow at a compound annual growth rate (CAGR) of 40.7% from 2023 to 2028. This substantial growth underscores the market's response to the demand for expansive 5G network coverage in remote, rural, and underserved regions worldwide. Fueled by advancements in satellite technology and the escalating need for uninterrupted connectivity, the market is embracing High Altitude Platform Stations (HAPS), Geostationary Earth Orbit (GEO), Low Earth Orbit (LEO) satellites, and other platforms to revolutionize 5G NTN systems. Show less Read more
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