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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Companies in 5G Devices Market
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.
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.
5G Devices Market Report Snapshots
5G Devices Market Regional Analysis
*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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Key Questions Answered in the Report
The market reached a value of approximately USD 13.25 billion in 2024.
The market is projected to grow at a CAGR of 47.2% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 429.85 billion by 2034.
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.
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