Multiple outlets report that the global 5G non-terrestrial networks (NTN) market is expected to expand rapidly over the second half of the decade. A Medium-Technology piece states the market is valued at USD 11.91 billion in 2026 and projects growth to USD 45.55 billion by 2031. It describes the opportunity as increasing alongside expansion in connected devices worldwide. PR Newswire, citing MarketsandMarkets™, similarly reports a forecast from USD 11.91 billion in 2026 to USD 45.55 billion by 2031. PR Newswire also provides the forecast’s implied pace of growth: a compound annual growth rate (CAGR) of 30.8% over 2026–2031. The outlets present these figures as market research projections and do not detail specific countries, technologies, or company commitments in the provided excerpts. Overall, both sources align on the same starting value, ending value, and timeframe for the market forecast, with growth attributed generally to broader expansion in connected devices.