Product Code: GVR-4-68038-234-1
5G Infrastructure Market Growth & Trends:
The global 5G infrastructure market size is anticipated to reach USD 95.88 billion by 2030, registering a CAGR of 22.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. A surge in demand for 5G connections globally is vital in driving industry growth. The demand for a 5G network is high due to its ability to offer high-speed & low-latency internet connectivity. Businesses across the globe are increasingly focusing on leveraging the Internet of Things (IoT) ecosystem to optimize their operations and improve overall performance. IoT comprises a network of interconnected devices equipped with sensors, software, and network connectivity, enabling them to gather and share information.
The rapidly increasing number of Industrial Internet of Things (IIoT) devices is expected to generate massive demand for enhanced data connectivity. As a result, it is anticipated to boost the adoption of 5G services in industrial applications, which, in turn, is expected to spur market growth. Key market players are partnering to offer 5G solutions to consumers. For instance, in June 2023, Nokia and Virgin Media O2 extended their ongoing partnership by three years. In this deal, Nokia will continue to supply its RAN equipment from its AirScale portfolio. With this agreement, Virgin Media O2 will continue to offer improved connectivity to its customers in the UK. The COVID-19 pandemic significantly impacted the global economy and 5G infrastructure deployment.
Lockdown measures in countries like the U.S., China, and India caused supply chain disruptions and delayed deployments of 5G infrastructure. Spectrum auctions for 5G frequencies were also postponed by telecom authorities and governments, including in the UK, France, Italy, and Spain. These delays further hampered the global rollout of next-generation network infrastructure, limiting the industry growth. Asia Pacific is expected to dominate the global industry over the forecast period owing to the rapid rollout of 5G in several countries of the region. In addition, the high demand for digital transformation across Asia Pacific will support the regional market growth.
5G Infrastructure Market Report Highlights:
- The hardware component segment dominated the market in 2023 owing to a significant rise in investments in deploying centralized RAN or 5G cloud across key countries, such as the U.S., the UK, China, and Japan
- The private type segment dominated the market in 2023. The growing demand for enhanced security, low latency, and customized solutions from industries, such as manufacturing and healthcare, are driving the segment's growth
- The sub-6 GHz spectrum segment dominated the market in 2023. The segment growth is attributed to the high focus on releasing sub-6 GHz frequency bands by federal governments across key countries to deliver high-speed data services
- The standalone network architecture segment is expected to register the highest CAGR from 2024 to 2030. Growing investments in installing a standalone 5G network to deliver ultra-reliable low-latency connectivity for applications, such as connected vehicles, are estimated to drive segment growth
- In terms of vertical, the industrial segment is expected to register a significant CAGR from 2024 to 2030 owing to the growing need to provide unified connectivity to several industrial sensors and collaborative robots
- Asia Pacific dominated the global market in 2023. Favorable government initiatives and growing deployment & adoption of the 5G network in countries, such as South Korea, China, and India, are propelling the regional market growth
- In February 2023, Fujitsu Ltd., a communication technology company, announced a new 5G vRAN solution that combined Fujitsu Ltd.'s virtualized DU (vDU) and virtualized CU (vCU) with NVIDIA's GPU technology
- With the new solution, Fujitsu Ltd. aims to support the worldwide expansion of open 5G networks in collaboration with telecom operators, such as NTT DOCOMO, which also facilitated the performance verification and evaluation tests for the solution
Table of Contents
Chapter 1. 5G Infrastructure Market: Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. 5G Infrastructure Market: Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. 5G Infrastructure Industry Outlook
- 3.1. Market Introduction/Lineage Outlook
- 3.2. 5G Infrastructure Market - Value Chain Analysis
- 3.3. 5G Infrastructure Market - Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.1.1. Continuing rise in data traffic and resulting need for network capacity expansion
- 3.3.1.2. Increasing deployment of 5G network infrastructure for smart city use-case applications
- 3.3.1.3. Rising Adoption of Internet of Things (IoT) technology
- 3.3.2. Market challenge analysis
- 3.3.2.1. High initial investments involved in 5G network infrastructure development & deployment
- 3.4. 5G Infrastructure Market - Porter's Five Forces Analysis
- 3.5. 5G Infrastructure Market - PESTEL Analysis
Chapter 4. 5G Infrastructure Component Outlook
- 4.1. Segment Dashboard
- 4.2. 5G Infrastructure Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Radio Access Network (RAN)
- 4.3.2.1. Radio Access Network (RAN) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Core Network
- 4.3.3.1. Core Network Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Backhaul & Transport
- 4.3.4.1. Backhaul & Transport Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.5. FrontHaul
- 4.3.5.1. FrontHaul Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.6. MidHaul
- 4.3.6.1. MidHaul Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.2. Consulting
- 4.4.2.1. Consulting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.3. Implementation & Integration
- 4.4.3.1. Implementation & Integration Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.4. Support & Maintenance
- 4.4.4.1. Support & Maintenance Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4.5. Training & Education
- 4.4.5.1. Training & Education Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. 5G Infrastructure Type Outlook
- 5.1. Segment Dashboard
- 5.2. 5G Infrastructure Market: Type Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Public
- 5.3.1. Public Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Private
- 5.4.1. Private Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. 5G Infrastructure Spectrum Outlook
- 6.1. Segment Dashboard
- 6.2. 5G Infrastructure Market: Spectrum Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Sub-6 GHz
- 6.3.1. Sub-6 GHz Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.1.1. Low Band
- 6.3.1.1.1. Low Band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.1.2. Mid Band
- 6.3.1.2.1. Mid Band Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. mmWave
- 6.4.1. mmWave Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. 5G Infrastructure Network Architecture Outlook
- 7.1. Segment Dashboard
- 7.2. 5G Infrastructure Market: Architecture Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Standalone
- 7.3.1. Standalone Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Non-Standalone
- 7.4.1. Non-standalone Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. 5G Infrastructure Vertical Outlook
- 8.1. Segment Dashboard
- 8.2. 5G Infrastructure Market: Vertical Movement Analysis, 2023 & 2030 (USD Million)
- 8.3. Residential
- 8.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Enterprises/Corporate
- 8.4.1. Enterprises/Corporate Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Smart City
- 8.5.1. Smart City Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Industrial
- 8.6.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Energy & Utility
- 8.7.1. Energy & Utility Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.8. Transportation & Logistics
- 8.8.1. Transportation & Logistics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.9. Public Safety & Defense
- 8.9.1. Public Safety & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.10. Healthcare Facilities
- 8.10.1. Healthcare Facilities Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.11. Retail
- 8.11.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.12. Agriculture
- 8.12.1. Agriculture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.13. Others
- 8.13.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. 5G Infrastructure Regional Outlook
- 9.1. 5G Infrastructure Market Share, By Region, 2023 & 2030 (USD Million)
- 9.2. North America
- 9.2.1. North America 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.2.4. Mexico
- 9.2.4.1. Mexico 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.3.4. Italy
- 9.3.4.1. Italy 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4.2. China
- 9.4.2.1. China 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4.4. India
- 9.4.4.1. India 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.4.6. Australia
- 9.4.6.1. Australia 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.6. MEA
- 9.6.1. MEA 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.6.2. Kingdom of Saudi Arabia (KSA)
- 9.6.2.1. Kingdom of Saudi Arabia (KSA) 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.6.3. UAE
- 9.6.3.1. UAE 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa 5G Infrastructure Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis by Key Market Participants
- 10.2. Company Categorization
- 10.3. Company Market Positioning
- 10.4. Company Market Share Analysis
- 10.5. Company Heat Map Analysis
- 10.6. Strategy Mapping
- 10.6.1. Expansion
- 10.6.2. Mergers & Acquisition
- 10.6.3. Partnerships & Collaborations
- 10.6.4. New Product Launches
- 10.6.5. Research And Development
- 10.7. Company Profiles
- 10.7.1. Huawei Technologies Co., Ltd.
- 10.7.1.1. Company overview
- 10.7.1.2. Financial performance
- 10.7.1.3. Product benchmarking
- 10.7.1.4. Strategic initiatives
- 10.7.2. Samsung Electronics Co., Ltd.
- 10.7.2.1. Company overview
- 10.7.2.2. Financial performance
- 10.7.2.3. Product benchmarking
- 10.7.2.4. Strategic initiatives
- 10.7.3. Nokia Corporation
- 10.7.3.1. Company overview
- 10.7.3.2. Financial performance
- 10.7.3.3. Product benchmarking
- 10.7.3.4. Strategic initiatives
- 10.7.4. Telefonaktiebolaget LM Ericsson
- 10.7.4.1. Company overview
- 10.7.4.2. Financial performance
- 10.7.4.3. Product benchmarking
- 10.7.4.4. Strategic initiatives
- 10.7.5. ZTE Corporation
- 10.7.5.1. Company overview
- 10.7.5.2. Financial performance
- 10.7.5.3. Product benchmarking
- 10.7.5.4. Strategic initiatives
- 10.7.6. NEC Corporation
- 10.7.6.1. Company overview
- 10.7.6.2. Financial performance
- 10.7.6.3. Product benchmarking
- 10.7.6.4. Strategic initiatives
- 10.7.7. Cisco Systems, Inc.
- 10.7.7.1. Company overview
- 10.7.7.2. Financial performance
- 10.7.7.3. Product benchmarking
- 10.7.7.4. Strategic initiatives
- 10.7.8. Fujitsu Limited
- 10.7.8.1. Company overview
- 10.7.8.2. Financial performance
- 10.7.8.3. Product benchmarking
- 10.7.8.4. Strategic initiatives
- 10.7.9. CommScope Inc.
- 10.7.9.1. Company overview
- 10.7.9.2. Financial performance
- 10.7.9.3. Product benchmarking
- 10.7.9.4. Strategic initiatives
- 10.7.10. Comba Telecom Systems Holdings Ltd.
- 10.7.10.1. Company overview
- 10.7.10.2. Financial performance
- 10.7.10.3. Product benchmarking
- 10.7.10.4. Strategic initiatives
- 10.7.11. Altiostar
- 10.7.11.1. Company overview
- 10.7.11.2. Financial performance
- 10.7.11.3. Product benchmarking
- 10.7.11.4. Strategic initiatives
- 10.7.12. Airspan Networks
- 10.7.12.1. Company overview
- 10.7.12.2. Financial performance
- 10.7.12.3. Product benchmarking
- 10.7.12.4. Strategic initiatives
- 10.7.13. Casa Systems
- 10.7.13.1. Company overview
- 10.7.13.2. Financial performance
- 10.7.13.3. Product benchmarking
- 10.7.13.4. Strategic initiatives
- 10.7.14. Hewlett Packard Enterprise Development LP
- 10.7.14.1. Company overview
- 10.7.14.2. Financial performance
- 10.7.14.3. Product benchmarking
- 10.7.14.4. Strategic initiatives
- 10.7.15. Mavenir
- 10.7.15.1. Company overview
- 10.7.15.2. Financial performance
- 10.7.15.3. Product benchmarking
- 10.7.15.4. Strategic initiatives
- 10.7.16. Parallel Wireless
- 10.7.16.1. Company overview
- 10.7.16.2. Financial performance
- 10.7.16.3. Product benchmarking
- 10.7.16.4. Strategic initiatives
- 10.7.17. JMA Wireless
- 10.7.17.1. Company overview
- 10.7.17.2. Financial performance
- 10.7.17.3. Product benchmarking
- 10.7.17.4. Strategic initiatives
- 10.7.18. Ceragon
- 10.7.18.1. Company overview
- 10.7.18.2. Financial performance
- 10.7.18.3. Product benchmarking
- 10.7.18.4. Strategic initiatives
- 10.7.19. Aviat Networks, Inc
- 10.7.19.1. Company overview
- 10.7.19.2. Financial performance
- 10.7.19.3. Product benchmarking
- 10.7.19.4. Strategic initiatives