5G Infrastructure Market Outlook – 2030
The global 5G infrastructure market size was valued at $2.06 billion in 2020, and is projected to reach $83.62 billion by 2030, registering a CAGR of 45.3% from 2021 to 2030. The network of small & macro cell base type stations with edge computing potential required for the fifth-generation technology standard designed for cellular networks is referred to as 5G infrastructure. It also offers low latency coverage for large data streams, which power applications such as semi-autonomous vehicles, augmented reality, and IoT devices.
Growth of the global 5G infrastructure market is anticipated to be driven by factors such as rise in demand for mobile broadband services and proliferation of M2M/IoT connections. Increased acceptance of virtual networking architecture in telecom industry, lower latency in 5G, and surge in mobile data traffic fuels the growth of the 5G infrastructure market. However, high initial investment acts as a major restraint for the global 5G infrastructure market. On the contrary, high demand from Asia-Pacific especially in consumer electronics and industrial automation segment is expected to create lucrative opportunities for the 5G infrastructure industry.
Key Takeaways
The global market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
More than 1,500 product literatures, industry releases, annual reports, and other such documents of major market industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.
Key Market Dynamics
Growth of the global 5G infrastructure market is anticipated to be driven by factors such as rise in demand for mobile broadband services and proliferation of M2M/IoT connections. Increased acceptance of virtual networking architecture in telecom industry, lower latency in 5G, and surge in mobile data traffic fuels the growth of the 5G infrastructure market. However, high initial investment acts as a major restraint for the global 5G infrastructure market. On the contrary, high demand from Asia-Pacific especially in consumer electronics and industrial automation segment is expected to create lucrative opportunities for the 5G infrastructure industry.
Segment Overview
The 5G infrastructure market is segmented on the basis of communication infrastructure, network technology, chipset type, application, and region. By communication infrastructure, the market is classified into small cell, macro cell, radio access network, and distributed antenna system. On the basis of network technology, market is divided into software defined networking, network chipset type virtualization, mobile edge computing, and fog computing. By chipset type, market is segmented into application specific integrated circuit, radio frequency integrated circuit, mmWave integrated circuit, field programmable gate array. Depending on application, it is categorized into automotive & transportation, energy & utilities, healthcare, retail, consumer electronics, industrial automation, and others.
By Communication Infrastructure
Radio Access Network (RAN) segment will grow at a highest CAGR of 49.0% during 2021 - 2030
Region wise, the 5G infrastructure market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific dominated the 5G infrastructure market in 2020, and is projected to register significant growth rate during the forecast period, owing to growth in the flexible 5G infrastructure segment. Also, Asia-Pacific is expected to witness significant growth by the end of the forecast period, followed by North America.
By Network Technology
Mobile Edge Computing (MEC) segment projected to be the most lucrative segment during 2021 - 2030
Leading manufacturers such as, Huawei Devices Co. Ltd., Ericsson, Nokia Corporation, and AT&T are focused on their investments on technologically advanced, cost-effective, and more secure products and solutions for various applications.
Top Impacting Factors
The prominent factors that impact the 5G infrastructure market growth include surge in demand for mobile broadband services and proliferation of M2M/IoT connections. However, high investment and privacy & security concerns restrict the market growth. On the contrary, rise in government initiatives for building smart cities in Asia-Pacific are expected to create lucrative opportunities for the market.
By Chipset Type
Application Specific Integrated Circuit (ASIC) segment will lead the market during 2021 - 2030
Regional/Country Market Outlook
The 5G infrastructure market is experiencing robust growth across various regions, driven by increasing demand for high-speed connectivity and the proliferation of IoT devices. North America, led by the United States, is at the forefront, characterized by substantial investments from telecom operators and technology firms. Europe is also advancing rapidly, with countries like Germany and the UK focusing on infrastructure development to enhance network capabilities. In Asia-Pacific, China and South Korea are leaders, pushing 5G deployment through government initiatives and technological innovation. Latin America and the Middle East are gradually catching up, with emerging markets exploring 5G for smart city initiatives and improved mobile broadband services.
Competitive Analysis
Competitive analysis and profiles of the major market players such as AT&T, Huawei Devices Co. Ltd., Ericsson, Intel Corporation, Mediatek Inc., Nokia Corporation, Qualcomm Technologies Inc., Hewlett Packard Enterprise, Samsung Electronics Co. Ltd., and Verizon have been covered in the report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.
By Application
Industrial Automation segment will grow at a highest CAGR of 52.2% during the forecast period
Report Coverage & Deliverables
This report delivers in-depth insights into the 5G infrastructure market, by communication infrastructure, network technology, chipset type, application, and key strategies employed by major players. It offers detailed market forecasts and emerging trends.
Communication Infrastructure Insights
The communication infrastructure market is advancing with the adoption of small cells for enhanced urban coverage, macro cells providing broad rural connectivity, and radio access networks (RAN) transitioning to cloud-based solutions. Distributed antenna systems (DAS) are also gaining importance in high-density venues for improved user experiences.
Network Technology Insights
Innovations like Software-Defined Networking (SDN) and network chipset virtualization are enabling more agile and efficient networks. Mobile edge computing reduces latency by processing data closer to users, while fog computing extends cloud capabilities to the network edge, enhancing IoT applications.
Chipset Type Insights
The chipset market features various integrated circuits, including Application-Specific Integrated Circuits (ASICs) for tailored applications, Radio Frequency Integrated Circuits (RFICs) for wireless communication, mmWave integrated circuits for high-frequency 5G applications, and Field-Programmable Gate Arrays (FPGAs) for flexible and adaptable configurations.
Application Insights
5G applications span sectors like automotive, where it supports connected vehicles; energy, enhancing grid management; healthcare, enabling telemedicine; retail, improving customer experiences; consumer electronics, driving smart device innovation; and industrial automation, facilitating real-time data analytics.
By Region
Asia-Pacific region will lead the market with a highest CAGR of 47.7% during 2021 - 2030
Key Strategies and Developments
In July, 2024, American chipmaker Qualcomm introduced its budget-friendly Snapdragon 4s Gen 2 chipset in India, aiming to bring 5G and Wi-Fi 5 connectivity to smartphones priced under $99.
In July 2024, Xiaomi, the renowned Chinese technology company, is reportedly working on an in-house 5G-enabled chipset specifically designed for smartphones. This proprietary chip is expected to be launched in the first half of 2025 and is being developed in partnership with chipmaker Unisoc, which will also provide the 5G modems for the system-on-chip (SoC). Although Xiaomi has yet to officially confirm its plans for the chipset, it remains uncertain whether it will be integrated into flagship models or midrange devices.
Key Benefits For Stakeholders
- This study comprises analytical depiction of the global 5G infrastructure market size along with current trends and future estimations to depict imminent investment pockets.
- The overall 5G infrastructure market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current 5G infrastructure market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and the 5G infrastructure market share of key vendors.
- The report includes the market trends and the market share of key vendors.
5G Infrastructure Market Report Highlights
| Aspects | Details |
 By Communication Infrastructure |
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 By Network Technology |
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 By Chipset Type |
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 By Application |
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 By Region |
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 By Key Market Players |
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Analyst Review
The global 5G infrastructure market has flourished at a rapid pace. However, high initial investment and technological & infrastructure challenges in the implementation of 5G network are still major concerns for new entrants. Market players generously invest in R&D activities to develop improved solutions to reduce overall costs of 5G infrastructure products. In addition, according to industry experts, it is essential to optimize affordable prices for 5G infrastructure products for long-term growth.
Growth of the global 5G infrastructure market is anticipated to be driven by factors such as rise in demand for mobile broadband services and proliferation of M2M/IoT connections. Increased acceptance of virtual networking architecture in telecom industry, lower latency in 5G, and surge in mobile data traffic fuels the growth of 5G infrastructure market. However, high initial investment acts as a major restraint for the global 5G infrastructure market. On the contrary, high demand from Asia-Pacific especially in consumer electronics and industrial automation segment is expected to create lucrative opportunities for the 5G infrastructure industry.
Key players of the market focus on introducing technologically advanced products to remain competitive in the market. Partnership, acquisition, and product launches are expected to be the prominent strategies adopted by the market players. Asia-Pacific accounted for a major share of the market in 2020, owing to the presence of major players in the region; Also, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of 5G infrastructure market in a variety of fields.
The 5G Infrastructure Market is anticipated to grow at a CAGR of 45.3% from 2021 to 2030.
The 5G Infrastructure Market is projected to reach $83.62 billion by 2030.
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Rise in demand for mobile broadband services and proliferation of M2M/IoT connections etc. boost the market growth.
The key players profiled in the report include AT&T, Huawei Devices Co. Ltd., Ericsson, Intel Corporation, and many more.
On the basis of top growing big corporations, we select top 10 players.
The 5G Infrastructure Market is segmented on the basis of communication infrastructure, network technology, chipset type, application, and region.
The key growth strategies of 5G Infrastructure market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.
Mobile Edge Computing (MEC) segment will grow at a highest CAGR of 48.3% during the forecast period.
Application Specific Integrated Circuit (ASIC) segment will dominate the market during 2021 - 2030.
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