5G Infrastructure Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global 5G Infrastructure Market was valued at USD 6,654.0 million in 2023 and is projected to grow at a CAGR of over 45% from 2024 to 2032. The rise of IoT applications, smart cities, and autonomous vehicles drives the need for faster, more reliable communication networks. For example, in August 2024, Vital launched comprehensive 4G and 5G infrastructure services in Brazil. Government and private sector investments in 5G deployment are significant growth drivers. Globally, countries recognize 5G's role in economic growth and technological innovation. Governments allocate spectrum, offer subsidies, and implement policies to expedite 5G rollout. Telecom operators and tech companies invest heavily in infrastructure upgrades, anticipating new revenue from enhanced mobile broadband, ultra-reliable low-latency communication, and massive machine-type communications.

The overall 5G infrastructure industry is classified based on the component, network architecture, deployment mode, spectrum, end use , and region.

The market is segmented by components into hardware, software, and services. The hardware segment is expected to exceed USD 100 billion by 2032. 5G network deployment requires substantial investment in hardware, including antennas, base stations, and network routers. The complexity of 5G infrastructure, with its advanced antennas and dense small-cell networks, drives significant hardware expenditures. As the operators in telecom enhance their existing networks and extend coverage into new areas, there is a rising demand for advanced 5G hardware. This demand encompasses both initial installations and continuous upgrades necessary to align with advancing technology standards and performance benchmarks.

By spectrum, the market is divided into sub-6 GHz and mmWave, with the mmWave segment growing fastest at a CAGR of over 50% from 2024 to 2032. Advancements in mmWave technology, such as improved antenna designs and signal processing, have made mmWave networks more feasible. These improvements reduce costs and expand practical applications of mmWave frequencies. New use cases requiring high-speed, low-latency connectivity drive demand for mmWave technology. Applications like autonomous vehicles, smart cities, and advanced industrial automation benefit from mmWave capabilities.

North America dominated the global 5G infrastructure market in 2023, accounting for over 30% of the share. The region is home to leading technology firms and early adopters of the latest innovations. North American telecom operators and service providers are at the forefront of adopting and deploying emerging technologies, such as 5G, which fuels substantial investment and infrastructure development. The U.S. 5G infrastructure market has demonstrated strong growth, underpinned by considerable investment and innovation. Major telecom players, including AT&T, Verizon, and T-Mobile, are pivotal in maintaining the leadership of the country in 5G deployment through their significant capital investments.

Product Code: 5258

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing demand for high-speed connectivity
  - 3.8.1.2 Government initiatives and investments
  - 3.8.1.3 Expansion of smart manufacturing and industry 4.0
  - 3.8.1.4 Rising data consumption
  - 3.8.1.5 Innovation in network technologies
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 High deployment costs
  - 3.8.2.2 Spectrum availability and regulation
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Component, 2021 - 2032 (USD million)

5.1 Key trends
5.2 Hardware
- 5.2.1 Radio Access Networks (RAN)
- 5.2.2 Core network
- 5.2.3 Transport network
- 5.2.4 Backhaul
- 5.2.5 Antennas
5.3 Software
- 5.3.1 Network management software
- 5.3.2 Network orchestration software
5.4 Services
- 5.4.1 Consulting
- 5.4.2 Implementation and integration
- 5.4.3 Maintenance and support

Chapter 6 Market Estimates and Forecast, By Spectrum, 2021 - 2032 (USD million)

6.1 Key trends
6.2 Sub-6 GHz
- 6.2.1 Low band
- 6.2.2 Mid band
6.3 mmWave

Chapter 7 Market Estimates and Forecast, By Network Architecture, 2021 - 2032 (USD million)

7.1 Key trends
7.2 Standalone (SA)
7.3 Non-Standalone (NSA)

Chapter 8 Market Estimates and Forecast, Deployment Mode, 2021 - 2032 (USD million)

8.1 Key trends
8.2 Urban
8.3 Rural
8.4 Remote

Chapter 9 Market Estimates and Forecast, By Organization Size, 2021 - 2032 (USD million)

9.1 Key trends
9.2 Small and medium enterprises (SME)
9.3 Large enterprises

Chapter 10 Market Estimates and Forecast, By End Use, 2021 - 2032 (USD million)

10.1 Key trends
10.2 Residential
10.3 Enterprise/corporate
10.4 Smart city
10.5 Industrial
10.6 Energy and utility
10.7 Transportation and logistics
10.8 Public safety and defense
10.9 Healthcare facilities
10.10 Retail
10.11 Agriculture
10.12 Others

Chapter 11 Market Estimates and Forecast, By Region, 2021 - 2032 (USD million)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 UAE
- 11.6.2 South Africa
- 11.6.3 Saudi Arabia
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles

12.1 AT and T Inc.
12.2 BT Group plc
12.3 China Mobile Ltd.
12.4 Ciena Corporation
12.5 Cisco Systems, Inc.
12.6 CommScope Holding Company, Inc.
12.7 Deutsche Telekom AG
12.8 Ericsson AB
12.9 Fujitsu Limited
12.10 Huawei Technologies Co., Ltd.
12.11 Intel Corporation
12.12 Juniper Networks, Inc.
12.13 Mavenir Systems, Inc.
12.14 NEC Corporation
12.15 Nokia Corporation
12.16 NTT DOCOMO, Inc.
12.17 Orange S.A.
12.18 Qualcomm Technologies, Inc.
12.19 Samsung Electronics Co., Ltd.
12.20 SK Telecom Co., Ltd.
12.21 Telefonica S.A.
12.22 T-Mobile US, Inc.
12.23 Verizon Communications Inc.
12.24 Vodafone Group Plc
12.25 ZTE Corporation