According to the latest report by IMARC Group, titled “5G Equipment Market Report by Technology (Network Function Virtualization (NFV), Software Defined Networking (SDN), Multi-access Edge Computing (MEC)), Equipment (Macrocell, Small Cell, and Others), Architecture (5G Standalone (NR + Core), 5G NR Non-Standalone (LTE Combined)), Frequency (Sub 6 GHz, Above 6 GHz), Application (Automotive, Consumer Electronics, Commercial, Industrial), and Region 2025-2033,” the global 5G equipment market size reached USD 23.4 Billion in 2024. 5G equipment refers to the hardware and infrastructure components required to support the implementation and operation of 5G networks. The equipment includes a range of devices and systems, such as base stations, antennas, routers, servers, and software-defined networks. It aims to provide faster data speeds, lower latency, and increased capacity compared to its predecessors. The equipment also incorporates fiber-optic cables to enable high-speed data transmission over long distances. This infrastructure upgrade helps overcome the limitations of previous wireless technologies and facilitates the delivery of ultra-fast connectivity and innovative services, including autonomous vehicles, smart cities, and Internet of Things (IoT) applications. It plays an important role in building and expanding 5G networks, enabling transformative experiences for individuals, industries, and society.
Global 5G Equipment Market Trends:
The increasing demand for high-speed and reliable wireless communication networks is driving the global market. Moreover, the proliferation of bandwidth-intensive applications such as video streaming, virtual reality, augmented reality, and gaming is catalyzing the growth of the market. Besides, the rising adoption of Internet of Things (IoT) devices and smart technologies further supports the need for 5G equipment as the IoT ecosystem relies on efficient connectivity and massive device connectivity, which 5G networks can provide. Apart from this, the widespread adoption of the 5G equipment by various industries such as manufacturing, healthcare, transportation, and agriculture are creating a positive market outlook. Furthermore, governments and telecommunications companies worldwide are heavily investing in the deployment of 5G networks that aim to drive economic growth, enable digital transformation, and support emerging technologies such as autonomous vehicles and smart cities. This is also providing a boost to the market. Along with this, several major companies are constantly developing new solutions, such as advanced antennas, beamforming techniques, and network optimization algorithms, to enhance the performance and efficiency of 5G networks, thereby impacting the market favorably. Looking forward, the market value is projected to reach USD 277.0 Billion by 2033, expanding at a CAGR of 30.01% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Technologies Covered | Network Function Virtualization (NFV), Software Defined Networking (SDN), Multi-access Edge Computing (MEC) |
Equipments Covered | Macrocell, Small Cell, Others |
Architectures Covered | 5G Standalone (NR + Core), 5G NR Non-Standalone (LTE Combined) |
Frequencies Covered | Sub 6 GHz, Above 6 GHz |
Applications Covered | Automotive, Consumer Electronics, Commercial, Industrial |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Airspan Networks, Cisco Systems Inc, CommScope, Fujitsu Limited, Huawei Technologies Co. Ltd., NEC Corporation (AT&T Inc.), Nokia Corporation, Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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