5G Network Market
5G Network Market Size, Share & Trends Analysis Report by Communication Infrastructure (Free Wireless Access, Enhanced Mobile Broadband, and Ultra Reliable Low Latency Communications), by Spectrum Band (Millimeter Wave, Mid-Band Spectrum, High-Band Spectrum, and Low-Band Spectrum), and by End User (Residential, Commercial, and Industrial) Forecast Period (2023-2030)
5G network market is anticipated to grow at attractive CAGR of 50.0% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for high-speed and low-latency communication, advancements in communication technologies, and the proliferation of connected devices. Further, the deployment of 5G networks to support emerging technologies such as Internet of Things (IoT), autonomous vehicles, and smart cities are also anticipated to fuel the demand for 5G networks. For instance, in the consumer electronics segment, the adoption of 5G technology in smartphones and other connected devices is expected to drive significant market growth. Owing to this various mobile companies launches 5G supported mobile phones to cater the demand of 5G Network. For instance, in February 2023, OnePlus launched the OnePlus 11 5G phones. The phone features an OLED panel, 120Hz screen refresh rate, Snapdragon 8 Gen 2 processor, 100W fast charging support, and more. The phone has a 6.70-inch touchscreen display with a resolution of 1440x3216 pixels (QHD+) at a pixel density of 525 pixels per inch (ppi) .It runs on Android 13 and is powered by a 5000mAh non-removable battery. The phone supports Super VOOC fast charging and face unlock. Connectivity options include Wi-Fi, GPS, NFC, 3G, 4G, and 5G with active 4G on both SIM cards.
Segmental Outlook
The global 5G network market is segmented based on its communication infrastructure, spectrum band, and end user. Based on the communication infrastructure, the market is segmented into Free Wireless Access (FWA), Enhanced Mobile Broadband (EMBB), and Ultra Reliable Low Latency Communications (URLLC). Based on the spectrum band, the market is categorized into millimeter wave, mid-band spectrum, high-band spectrum, and low-band spectrum. Based on the end user, the market is segmented into residential, commercial, and industrial. Among the communication infrastructure, the EMBB segment is anticipated to hold a prominent market share due to the increasing demand for high-speed data services and video streaming applications.
The Commercial Segment is Projected to Experience Substantial Growth of the Global 5G Network
The commercial segment is projected to experience substantial growth with the deployment of 5G networks in sectors such as retail, healthcare, and transportation. 5G technology offers several advantages over previous generations, such as higher data transfer speeds, lower latency, and the ability to connect a massive number of devices simultaneously. These features make 5G particularly suitable for various commercial applications.
Regional Outlooks
The global 5G network market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Europe market is anticipated to cater to prominent growth over the forecast period, driven by government initiatives and investments in 5G infrastructure. However, the Asia-Pacific region is projected to experience considerable growth in the 5G network market due to the presence of major technology players and a large consumer base.
Global 5G Network Market Growth, by Region 2023-2030
The North American Region is Anticipated to Hold a Significant Share in the Global 5G Network Market
The North American region is anticipated to hold a significant share in the global 5G network market. Among these regions, North America is expected to account for a prominent market share during the forecast period. The growth of the 5G network market in the region is primarily driven by factors such as a strong technological ecosystem, increasing demand for high-speed connectivity, the presence of key market players, and government initiatives to promote 5G adoption. For instance, in April 2023, the Biden-Harris Administration launched a $1.5 billion Public Wireless Supply Chain Innovation Fund to invest in the development of open and interoperable networks. The fund aims to invest in the development of open and interoperable networks, which is crucial for the expansion and deployment of 5G technology. By allocating resources to support the advancement of wireless innovation, the administration is indirectly supporting the growth of the 5G network.
Market Players Outlook
The major companies serving the global 5G network market include telecommunications providers, network infrastructure providers, and technology companies such as Huawei Device Co., Ltd., Ericsson AB, Nokia, Samsung Electronics Co., Ltd., and Qualcomm Inc., among others. These market players are considerably contributing to the market growth through the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches to stay competitive in the market and capitalize on the growing demand for 5G network. For instance, in November 2022, Qualcomm Technologies and Siemens Smart Infrastructure are collaborated to reimagine building automation by applying 5G private networks to building automation. The collaboration aims to develop more intelligent smart devices in the future. The companies are working on connecting a 5G private network to HVAC components in a suburban Siemens office location. The collaboration will enable companies to intelligently utilize 5G for building automation.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global 5G network market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Ericsson AB
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Huawei Device Co., Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Nokia
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Qualcomm Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Samsung Electronics Co., Ltd.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global 5G Network Market by Communication Infrastructure
4.1.1. Free Wireless Access (FWA)
4.1.2. Enhanced Mobile Broadband (EMBB)
4.1.3. Ultra Reliable Low Latency Communications (URLLC)
4.2. Global 5G Network Market by Spectrum Band
4.2.1. Millimeter Wave (mmWave)
4.2.2. Mid-Band Spectrum (2.5-6.5 GHz)
4.2.3. High-Band Spectrum (28-60 GHz)
4.2.4. Low-Band Spectrum (600-900 MHz)
4.3. Global 5G Network Market by End User
4.3.1. Residential
4.3.2. Commercial
4.3.3. Industrial
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AT&T
6.2. Beijing Unimobile Technology Co., Ltd.
6.3. Bharti Airtel Ltd.
6.4. China Mobile Hong Kong Co. Ltd.
6.5. China Telecom Corp. Ltd.
6.6. Cisco Systems, Inc.
6.7. Deutsche Telekom AG
6.8. Ericsson
6.9. Intel
6.10. LG Electronics Inc.
6.11. NTT DOCOMO, Inc.
6.12. Orange S.A.
6.13. SK Telecom.
6.14. SoftBank Group Corp.
6.15. Sprint Corp.
6.16. Telefónica S.A.
6.17. Telstra
6.18. The Verizon
6.19. T-Mobile
6.20. Vodafone
6.21. ZTE Corp.
1. GLOBAL 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COMMUNICATION INFRASTRUCTURE, 2022-2030 ($ MILLION)
2. GLOBAL FREE WIRELESS ACCESS (FWA) 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL ENHANCED MOBILE BROADBAND (EMBB) 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL ULTRA RELIABLE LOW LATENCY COMMUNICATIONS (URLLC) 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL 5G NETWORK MARKET RESEARCH AND ANALYSIS BY SPECTRUM BAND, 2022-2030 ($ MILLION)
6. GLOBAL MILLIMETER WAVE (MMWAVE) 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL MID-BAND SPECTRUM MARKET 5G NETWORK RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL HIGH-BAND SPECTRUM 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL LOW-BAND SPECTRUM 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL 5G NETWORK MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
11. GLOBAL 5G NETWORK FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL 5G NETWORK FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL 5G NETWORK FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL 5G NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. NORTH AMERICAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
16. NORTH AMERICAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COMMUNICATION INFRASTRUCTURE, 2022-2030 ($ MILLION)
17. NORTH AMERICAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY SPECTRUM BAND, 2022-2030 ($ MILLION)
18. NORTH AMERICAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
19. EUROPEAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. EUROPEAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COMMUNICATION INFRASTRUCTURE, 2022-2030 ($ MILLION)
21. EUROPEAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY SPECTRUM BAND, 2022-2030 ($ MILLION)
22. EUROPEAN 5G NETWORK MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
23. ASIA-PACIFIC 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
24. ASIA-PACIFIC 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COMMUNICATION INFRASTRUCTURE, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC 5G NETWORK MARKET RESEARCH AND ANALYSIS BY SPECTRUM BAND, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC 5G NETWORK MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
27. REST OF THE WORLD 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
28. REST OF THE WORLD 5G NETWORK MARKET RESEARCH AND ANALYSIS BY COMMUNICATION INFRASTRUCTURE, 2022-2030 ($ MILLION)
29. REST OF THE WORLD 5G NETWORK MARKET RESEARCH AND ANALYSIS BY SPECTRUM BAND, 2022-2030 ($ MILLION)
30. REST OF THE WORLD 5G NETWORK MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
1. GLOBAL 5G NETWORK MARKET SHARE BY COMMUNICATION INFRASTRUCTURE, 2022 VS 2030 (%)
2. GLOBAL FREE WIRELESS ACCESS (FWA) 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL ENHANCED MOBILE BROADBAND (EMBB) 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL ULTRA RELIABLE LOW LATENCY COMMUNICATIONS (URLLC) 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL 5G NETWORK MARKET SHARE BY SPECTRUM BAND, 2022 VS 2030 (%)
6. GLOBAL MILLIMETER WAVE (MMWAVE) 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL MID-BAND SPECTRUM 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL HIGH-BAND SPECTRUM5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL LOW-BAND SPECTRUM 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL 5G NETWORK MARKET SHARE BY END USER, 2022 VS 2030 (%)
11. GLOBAL 5G NETWORK FOR RESIDENTIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL 5G NETWORK FOR COMMERCIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL 5G NETWORK FOR INDUSTRIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL 5G NETWORK MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. US 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
16. CANADA 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
17. UK 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
18. FRANCE 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
19. GERMANY 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
20. ITALY 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
21. SPAIN 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
22. REST OF EUROPE 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
23. INDIA 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
24. CHINA 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
25. JAPAN 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
26. SOUTH KOREA 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF ASIA-PACIFIC 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF THE WORLD 5G NETWORK MARKET SIZE, 2022-2030 ($ MILLION)
