Global G Technology Infrastructure Market Overview
5G Technology Infrastructure Market was valued at US$ 15.9 billion in 2024 and is projected to grow at a CAGR of 7.20% to reach US$ 29.9 billion by 2034.
A 5G Technology Infrastructure is an equipment that is often connected to a modem. In the context of computers, 5G refers to the broadband-accessing fifth-generation cellular network technology. The Third Generation Partnership Project (3GPP) has designated 5G wireless as "Release 15" and "Release 16," which is a recognized collection of technologies. The 3GPP is an alliance comprising nearly all international agencies responsible for telecommunication standards. Its goal is to unify the definition of 3G wireless technology and advance it to next-generation networks. Currently, 3GPP defines which technologies are part of 5G wireless and which are not.
5G Technology Infrastructure market is expected to develop due to the introduction of 5G-enabled consumer electronics items, the spread of Machine-to-Machine (M2M) and Internet of Things (IoT) connections, and the rise in demand for mobile broadband services. The rollout of 5G technology is expected to impact the transportation and automotive industries broadly. Requesting transportation and exchanging real-time information are ideal uses for the present 4G network. This offers a platform for businesses like Uber, Ola, and Lyft. However, technologies often demanding high speed and providing cars 4G networks cannot support spontaneous human-like reactions. Herein lies the opportunity for 5G. The need for process automation is rising across several industries, including the manufacturing and process industries.
The proper flow of data and information at the appropriate time and location is essential for these businesses to carry out numerous procedures properly. The target market is growing since it is now easier to access a robust data network with minimal latency and fast speed thanks to the deployment of 5G networks. However, deploying a 5G network comes with substantial investment costs and technical and technological obstacles that limit the market's potential development.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global G Technology Infrastructure Market Dynamics
5G Technology Infrastructure Market Drivers:
Increasing demand for data consumption
- The increase in data usage is driving the 5G Technology Infrastructure Market expansion. Numerous causes are driving this need, such as the adoption of data-intensive technologies like augmented reality (AR) and virtual reality (VR), the rapid growth of Internet of Things (IoT) applications, and the proliferation of smart devices. Reliable connectivity is essential to using smartphones, tablets, and wearable technology, which have become indispensable in our daily routines. Furthermore, as additional gadgets, such as industrial sensors and smart household appliances, are linked, the Internet of Things ecosystem keeps growing.
- Strong 5G infrastructure is required because of the vast volumes of data these devices generate, which must be sent quickly and reliably. Furthermore, augmented reality and virtual reality are becoming more popular across a range of sectors, including gaming, healthcare, and education. High bandwidth and extremely low latency are required for these apps to provide users with an immersive experience. Therefore, 5G's capabilities are essential to achieving these performance standards.
5G Technology Infrastructure Market Restrains:
Increasing threats to cyber security
- The formal launch of 5G has brought with it a plethora of benefits that might influence people's lives and careers. Conversely, 5G networks are a tempting target for foreign enemies and hackers seeking valuable data and information and are causing a worldwide disruption. Certain loT functionalities are being improved by 5G technology, which is expected to lead to an increase in loT devices and a security issue that people and organizations cannot handle.
- With the speed at which new technologies like cloud, Al, and loT are developing, security professionals must catch up. Many organizations are turning to machine learning and security automation solutions to bridge the gap, but they will only address some risks. The lack of human resources poses challenges for companies building or deploying fifth-generation networks. Furthermore, businesses expose themselves to security breaches that can cause enormous losses when they hurry to adopt new technology, typically without adequate preparation or experience.
Global G Technology Infrastructure Market Segmentation
5G Technology Infrastructure Market is segmented based on Communication Infrastructure, Network Technology, Application, and region:
Communication Infrastructure Insights:
- Small Cell:
Small Cells are indoor, low-power, low-range base stations placed in crowded metropolitan areas or other locations needing targeted coverage upgrades.
- Macro Cell:
Traditionally, Macro Cells have been high-powered base stations with broader coverage regions. Macro cells will be essential for delivering basic 5G coverage even if they won't develop as quickly as tiny cells, especially in rural or sparsely inhabited areas.
- Radio Access Network:
The Radio Access Network (RAN) links consumer devices to the core network. 5G is significantly changing the RAN with features like software-defined functionality and virtualization. This section depends on enabling 5G technology's fundamental features.
- Distributed Antenna System:
A Distributed Antenna System enhances indoor or localized coverage by placing many strategically placed antennas across a structure or location. Alongside the need for improved in-building and particular-location connectivity, this market is anticipated to expand specific-location connectivity for various applications.
Among the segments mentioned above, the one that dominated the market is the Radio Access Network, as RAN comprises base stations, antennas, macro cells, and small cells. There are two approaches to implement 5G: either by linking a 5G RAN to a 4G network or by establishing a 5G core network.
Network Technology Insights:
Software Defined Networking & Network Function Virtualization:
New technologies in Software-Defined Networking and network Function Virtualization (SDN & NFV) provide 5G network managers with more scalability and flexibility. Network functions are virtualized via NFV, which speeds up innovation and lowers costs, while SDN centralizes network control. This sector is an essential factor in the agility and efficiency of the 5G network.
- Mobile Edge Computing:
Mobile Edge Computing (MEC) is a technique that allows for the faster processing of data generated by connected devices by bringing computing resources closer to the network edge. Applications that demand ultra-low latency, such as industrial automation, augmented reality, and driverless cars, depend on this area.
- Fog Computing:
Fog Computing technology extends processing capabilities to the network edge like MEC, but it can handle a larger range of devices and applications and be geographically distributed. Growth in this market is anticipated in settings with dispersed infrastructure, such as industrial IoT installations and smart cities.
Application Insights:
- Automotive:
The automotive industry relies on 5G infrastructure to develop and deploy connected and autonomous vehicles. High bandwidth and low latency are critical for real-time communication, data interchange, and vehicle-to-everything (V2X) applications that improve traffic control, safety, and the overall driving experience.
- Energy & Utilities:
5G technology makes real-time monitoring of energy distribution and consumption throughout the grid possible, enhancing smart grid management. As a result, grid resilience is increased, line losses are decreased, and energy utilization is optimized. 5G also makes it possible to remotely monitor vital infrastructure, such as substations and power plants, speeding up outage reaction times and allowing for predictive maintenance.
- Healthcare:
5G enables real-time data transfer for surgery and diagnostics, remote patient monitoring, and remote specialist consultations, all of which contribute to the progress of telemedicine. This can raise the standard of treatment, make healthcare more accessible in rural regions, and possibly lower medical expenses.
- Retail:
5G can enhance logistics management with real-time inventory tracking, customize marketing with targeted promotions, and enable innovations like AR/VR product visualization to change the in-store consumer experience.
- Others:
This category includes a range of uses that are boosted by 5G infrastructure, including public safety, smart cities, agribusiness, and industrial automation.
5G Technology Infrastructure Market Regional Insights
- The North American market is estimated to witness a significantly high revenue share over the forecast period because of the advancement of 5G infrastructure, which has the support of both the government and industry. Government efforts and financing schemes accelerate network expansion and technological innovation in this region
- The Asia Pacific market is estimated to witness the largest revenue share because of the region's fast urbanization, which is producing dense urban areas that require 5G's high capacity and low latency capabilities. Government efforts in several Asian nations are actively supporting the development of 5G infrastructure, with funds allocated for spectrum allocation and network implementation.
- Europe market finds lucrative market opportunities because of the heavy emphasis on infrastructural improvements and technological innovation. Operators in Europe are aggressively testing new applications and establishing 5G networks.
- Latin America market is increasing gradually due to the region's growing infrastructure, growing disposable income, and substantial potential for developing 5G technology.
- The Middle East and Africa market is an emerging market, driven by infrastructural spending, increased internet usage, and rising disposable income levels among consumers, particularly in Arab nations.
5G Technology Infrastructure Market Report Scope:
Attribute |
Details |
Market Size 2024 |
US$ 15.9 billion |
Projected Market Size 2034 |
US$ 29.9 billion |
CAGR Growth Rate |
7.20% |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Communication Infrastructure - Small Cell, Macro Cell, Radio Access Network, and Distributed Antenna System. By Network Technology - Software Defined Networking & Network Function Virtualization, Mobile Edge Computing, and Fog Computing. By Application - Automotive, Energy & Utilities, Healthcare, Retail, and Others. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the 5G Technology Infrastructure Market report based on Communication Infrastructure, Network Technology, Application and region:
5G Technology Infrastructure Market, By Communication Infrastructure:
- Small Cell
- Macro Cell
- Radio Access Network
- Distributed Antenna System
5G Technology Infrastructure Market, By Network Technology:
- Software Defined Networking & Network Function Virtualization
- Mobile Edge Computing
- Fog Computing
5G Technology Infrastructure Market, By Application:
- Automotive
- Energy & Utilities
- Healthcare
- Retail
- Others
5G Technology Infrastructure Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global G Technology Infrastructure Market Key Players
The key players operating the 5G Technology Infrastructure Market includes AT&T Corp., Ericsson Inc., Huawei Technologies Co., Ltd., Hewlett Packard Enterprise (HPE), Intel Technology India Pvt. LTD., Mediatek Inc., Nokia Corporation, Inc., Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Verizon.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global G Technology Infrastructure Market Key Issues Addressed
- In October 2023, Nokia and Vodafone collaborated to launch a commercial 5G Open RAN test in the northern region of Italy. Red Hat OpenShift, a well-known hybrid cloud platform driven by Kubernetes, will host Nokia's containerized baseband software for this experiment. The software will run on Dell PowerEdge XR8000 servers, suited for Open RAN workloads and made especially for mobile edge computing. Marvell and Nokia developed the Smart Network Interface Card (NIC), which will be installed on these servers for Layer 1 processing. This partnership is a significant step toward an architecture for telecom networks that is more adaptable and open.
- In February 2023, NEC Corporation and ADVA collaborated to install time synchronization solutions for Telkom Indonesia, Indonesia's largest fixed network operator, to enable the operator to prepare its transport network to offer time-sensitive 5G services across the nation. For mobile carriers to gain traction in the 5G era, new service monetization—such as providing ultra-low latency applications—is essential. Telkom Indonesia is improving the timing precision of its transport network to satisfy the expected expectations of partners and mobile carriers utilizing the company's services.
Global G Technology Infrastructure Market Company Profile
- AT&T Corp.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ericsson Inc.
- Huawei Technologies Co., Ltd.
- Hewlett Packard Enterprise (HPE)
- Intel Technology India Pvt. LTD.
- Mediatek Inc.
- Nokia Corporation, Inc.
- Qualcomm Technologies, Inc.
- Samsung Electronics Co. Ltd.
- Verizon
“*” marked represents similar segmentation in other categories in the respective section.
Global G Technology Infrastructure Market Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Communications Infrastructure
- Market Snippet, By Network Technology
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Market Segmentation, By Communications Infrastructure, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Small Cell
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Macro Cell
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Radio Access Network
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Distributed Antenna System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Network Technology, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Software Defined Networking
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Network Function Virtualization
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Mobile Edge Computing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Fog Computing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Energy
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Utilities
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Communications Infrastructure, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Network Technology, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Communications Infrastructure, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Network Technology, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Communications Infrastructure, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Network Technology, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Communications Infrastructure, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Network Technology, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Communications Infrastructure, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Network Technology, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- AT&T Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ericsson Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huawei Technologies Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hewlett Packard Enterprise (HPE)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Intel Technology India Pvt. LTD.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Mediatek Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nokia Corporation, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Qualcomm Technologies, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Samsung Electronics Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Verizon
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
Global G Technology Infrastructure Market Highlights
FAQs
5G Technology Infrastructure Market accounted for US$ 15.9 Billion in 2024 and is estimated to be US$ 29.9 Billion by 2034 and is anticipated to register a CAGR of 7.20%.
5G Technology Infrastructure Market is segmented into communication infrastructure, network technology, application, and region.
Upcoming trends in the 5G Technology Infrastructure Market include the deployment of standalone 5G networks, the proliferation of IoT devices and applications, and the expansion of 5G into diverse industry verticals, presenting global opportunities.
The 5G Technology Infrastructure Market is driven by the demand for high-speed, low-latency connectivity, the proliferation of mobile and IoT devices, and the push for advanced technologies like autonomous vehicles and smart cities, fostering global market growth.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the target market includes, AT&T Corp., Ericsson Inc., Huawei Technologies Co., Ltd., Hewlett Packard Enterprise (HPE), Intel Technology India Pvt. LTD., Mediatek Inc., Nokia Corporation, Inc., Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Verizon.