The global 5G devices market reached approximately USD 19.50 Billion in 2025. The market is projected to grow at a CAGR of 47.20% between 2026 and 2035, reaching a value of around USD 931.35 Billion by 2035.
Base Year
Historical Period
Forecast Period
While 5G smartphones are the most prominent category, the market also includes devices such as tablets and laptops.
5G devices are at forefront of technological advancements, incorporating features such as high-speed processors and enhanced connectivity options.
Manufacturers are readily working to ensure that 5G devices have robust security features to protect against cyber threats.
Compound Annual Growth Rate
47.2%
Value in USD Billion
2026-2035
*this image is indicative*
5G stands for fifth generation and 5G device refers to electronic devices including mobile phones that use the fifth-generation mobile network to connect machines, devices, and objects virtually and are engineered to increase the speed and responsiveness of wireless networks. Examples of 5G devices include smartphones, tablets, laptops with 5G modems, Internet of Things (IoT) devices, and fixed wireless access points.
Infrastructural development such as the upgradation of existing modems and towers, among others, along with the growing adoption of wearable technologies is supporting the 5G devices market development. The rising requirement for speed data connectivity owing to the increase in work-from-home is also fuelling the market growth. The demand for 5G devices from the healthcare and automobile sectors is rising rapidly owing to their capability to support high-speed data transfer rate, consistent connectivity, and low latency. Moreover, government initiatives to develop smart cities are further boosting the requirement for 5G infrastructure to allow device connectivity and deployment of sensors. 5G also allows for industrial automation and smart manufacturing by enabling multiple advances including computer vision and machine learning, among others.
Affordable 5G devices; enhanced security features; enhanced network slicing capabilities; and the development of 5G-advanced (5G-A) devices are the major trends impacting the 5G devices market expansion
Initially, 5G devices were premium-priced, but there is a trend towards more affordable 5G devices, making 5G more accessible to a broader range of consumers.
As 5G networks support a wide range of applications, including critical infrastructure and services, there is a growing focus on enhancing security features in 5G devices.
5G devices are increasingly supporting network slicing, a feature that allows the creation of multiple virtual networks on a single physical network infrastructure.
There is ongoing development of 5G-Advanced (5G-A) devices that will offer improved performance and capabilities compared to the initial wave of 5G devices.
The expansion of 5G networks to support a wide range of applications, especially in critical infrastructure and services, has raised concerns about security vulnerabilities and the potential for cyberattacks. As a result, there is a growing focus on enhancing security features in 5G devices to ensure the protection of data, privacy, and the integrity of communication networks. For instance, implementing strong encryption protocols for data transmitted over 5G networks to prevent unauthorised access or interception.
Market players in 5G devices market are enhancing their partnership and collaboration efforts to expand the 5G network. The announcement of the partnership between Comviva, a leading global provider of mobility solutions, and GSMA's Open Gateway initiative to standardise 5G APIs, in March 2024, aims to unlock the full potential of 5G networks by providing a unified ecosystem for developers and cloud providers to rapidly deploy services across operator networks.
“5G Devices Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Form Factor
Market Breakup by Spectrum Support
Market Breakup by Region
Demand for smartphones is increasing due to the growing launch of new 5G models as well as the rise in 5G network plans
Smartphones are expected to account for a significant market share over the forecast period. This growth can be attributed to the increasing popularity of various data-intensive applications including gaming and video streaming, among others. The growing technological advancements and rising demand for massive connectivity, ultra-high bandwidth, and ultra-low latency in smartphones are further supporting the segment growth. The increased requirement for high-speed data for IoT applications is further propelling the requirement for 5G smartphones.
CPE is anticipated to grow at a sizeable rate in the 5G devices market in the coming years. CPE includes devices such as indoor and outdoor routers, gateways, and fixed wireless access points that enable 5G connectivity in homes and businesses. With the deployment of 5G networks, there is a growing demand for 5G CPE to provide high-speed internet access in areas where traditional wired broadband is not available or is less reliable.
The sub-6 GHz segment maintains its dominance in the market as a wide variety of devices offer support to sub-6 GHZ frequencies
Sub-6 GHz holds a significant share of the 5G devices market. The majority of 5G devices currently in the market support Sub-6 GHz frequencies. This is because Sub-6 GHz bands offer a good balance of coverage and capacity, making them suitable for a wide range of applications and environments. Sub-6 GHz frequencies can penetrate buildings and other obstacles more effectively than mmWave frequencies, providing more extensive and reliable coverage.
Both Spectrum Bands segment is anticipated to witness sizeable growth in the forecast period. Devices that support both Sub-6 GHz and mmWave frequencies are becoming increasingly popular, especially in markets where mmWave 5G deployment is expanding as these devices offer the best of both worlds: the extensive coverage of Sub-6 GHz and the ultra-high speeds of mmWave.
The market players are increasing product launches to gain a competitive edge in the 5G devices market
ZTE Corporation was founded in 1985 and is headquartered in Shenzhen, China. The telecommunications company provides integrated solutions and innovative technologies for consumers, government enterprises, and global operators.
Samsung Electronics Co. Ltd is an electronics company that was founded in 1969, is headquartered in Suwon-si, South Korea, and specialises in device solutions and consumer electronics, among others.
Xiaomi Corporation was established in 2010 and has its headquarters located in Beijing, China. The software development company pursues innovation, operational efficiency, and high-quality user experience.
Lenovo Group Limited is a multinational technology company with headquarters in Beijing, China. Its product portfolio includes a wide range of technology products and services, including personal computers and tablets.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other 5G devices market key players include Nokia Corporation, Huawei Technologies Co., Ltd., Apple Inc., Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., and Qualcomm Technologies, Inc., among others.
North America is anticipated to hold a significant share of the market over the forecast period owing to the increasing launch of commercial 5G services for mobile broadband. The introduction of 5G devices which are capable of supporting all three frequency bands are anticipated to encourage the adoption of 5G technology in the region. An increase in the number of fixed wireless access and improved infrastructural support for the 5G rollout is further boosting the market demand.
The demand for 5G devices market in the Asia Pacific region is expected to experience significant growth in the foreseeable future. Many countries in the Asia Pacific region, such as South Korea, China, Japan, and Australia, are at the forefront of 5G network deployment. The availability of 5G networks is driving the demand for 5G-enabled devices, as consumers and businesses seek to take advantage of faster data speeds and lower latency.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 19.50 Billion in 2025.
The market is projected to grow at a CAGR of 47.20% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 931.35 Billion by 2035.
The major market drivers include development of smart cities and increasing utilisation of 5G devices for industrial automation.
The key trends fuelling the growth of the market rising demand from automobile and healthcare sectors and growing speed data connectivity owing to increase in work from home.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant spectrum supports include sub-6 GHz, mmWave, and both spectrum bands.
The major players in the market are ZTE Corporation, Samsung Electronics Co. Ltd, Xiaomi Corporation, Lenovo Group Limited, Nokia Corporation, Huawei Technologies Co., Ltd., Apple Inc., Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., and Qualcomm Technologies, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Form Factor |
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| Breakup by Spectrum Support |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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