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The global 5G infrastructure market attained a value of nearly USD 11.4 billion in 2024. The market is further expected to grow at a CAGR of 44.7% during the forecast period of 2025-2034 to reach a value of USD 318.2 billion by 2034.
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The Asia Pacific accounts for a significant share in the global 5G infrastructure industry and is anticipated to remain dominant in the forecast period as well. This growth can be attributed to the role of major communication service providers towards aggressive deployment of new 5G radio infrastructure. The continent’s growth is further accelerated by the increasing focus of Japan, South Korea, and China towards using 5G network of sub-6 Ghz.
5G Infrastructure Market Growth
5G Infrastructure 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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In 2024, the global 5G infrastructure market attained a value of nearly USD 11.4 billion.
The market is projected to grow at a CAGR of 44.7% between 2025 and 2034.
The industry is being driven by the rapid industrialisation and digitalisation, improved user experience, rapid technological advancements in the healthcare sector, increasing prevalence of work-from-home culture, significant investments made by key communication service providers, and growing automotive industry.
The growing need for next-generation technology and advanced infrastructure for cellular and other networks are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa with the Asia Pacific accounting for the largest share in the market.
Based on communication infrastructure, the market is divided into macro cell, small cell, and radio access network (RAN), among others.
Based on network technology, the industry can be segmented into network function virtualisation and software-defined networking, among others.
On the basis of network architecture, the industry can be categorised into standalone and non-standalone.
On the basis of frequency, the market is segmented into sub-6 Ghz and above 6 Ghz.
The end-uses are residential, enterprise/corporate, automotive, energy and utilities, transportation and logistics, healthcare, and retail, among others.
The major players in the industry are Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd, Nokia Corporation, Qualcomm Technologies, Inc., LG Electronics Inc., ZTE Corporation, Intel Corporation, Telefonaktiebolaget LM Ericsson, Oracle Corporation, Cisco Systems, Inc., AT&T Inc., NEC Corporation, Dell Technologies, Microsoft Corporation, and HRMavenir Systems, Inc, among others.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 318.2 billion by 2034.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124