Global 5G Antenna Market - Forecasts from 2025 to 2030

The global 5G antenna market is expected to grow at a CAGR of 17.14%, from US$24.309 billion in 2025 to US$53.489 billion by 2030.

5G is the largest wireless technology which delivers a higher multi-Gbps data speed, and ultra-low latency. A 5G antenna is a type of technology, which is designed to transmit and receive the high-frequency signals of the fifth-generation network connectivity. It offers multiple benefits to the consumers, as it helps to achieve a higher data transfer speed and reduces latency. The 5G antenna also helps to increase the data transfer capacity and enhances the precision of the connectivity.

One of the major factors pushing the global 5G antenna market's growth is the increasing usage of mobile phones worldwide. The International Telecommunication Union (ITU), in its global mobile phone ownership report, stated that in 2023, 78% of the global population owned a mobile phone, pushing the demand for wireless network connectivity solutions forward. The report further stated that Europe is among the largest regions in mobile phone ownership, with about 93% of the total region population having mobile phones, 88% in the Americas, 82% in the Arab States, 75% in Asia-Pacific, and 63% in Africa.

5G antenna market drivers

• Increasing Deployment of 5G

The expanding deployment of 5G technology worldwide is propelling the global 5G antenna market forward. The 5G is the latest and most advanced technology available. The International Telecommunication Union (ITU), in its global 5G report, stated that the coverage of 5G technology expanded rapidly. In 2021, the total population coverage of the 5G network was recorded at 18%, which increased to about 31% in 2022. In 2023, the total 5G network coverage across the globe was recorded at about 38%.

In 2023, the total population of Europe using 5G network technology was recorded at about 68%, whereas it was about 59% in the Americas region. The 5G technology coverage of the Asia-Pacific region and the Arab States was recorded at 42% and 12%, respectively.

5G antenna market Geographical outlooks

The United States is anticipated to hold a significant share of the 5G Antenna Market:

The US 5G antenna market is witnessing rapid and significant growth due to the expansion of networks and increased coverage of 5G connectivity, resulting in improved data speed across all regions. Major market players are making huge investments in 5G infrastructure to roll out many antennas everywhere for better signal strength and capacity. The antenna requirement is driven by 5G technology to provide faster data speeds than previous generations, like 4G, increasing the need for antennas that can meet these higher throughput requirements across the area. According to the Ericsson Mobility Report, 90% of the population in the US is their coverage area for low-band 5G, while there are between 210 million and 300 million people covered with mid-band 5G.

One of the major variables positively impacting the market's growth is the rising number of applications that employ 5G antenna technology. With telecom operators investing in creating and expanding their 5G networks, the necessity for antennas significantly increases. The deployment of 5G-compatible devices and IoT applications and development in sectors such as retail, healthcare, and manufacturing, are increasing the scope for more competent antenna infrastructure. For instance, as per Accenture Analysis, the installation of 5G technology is expected to drive major changes in the US economy.

It is estimated that over 2021-25, 5G could create an estimated $2.7 trillion in ongoing annual combined gross output across industries in the United States. Standardization benefits all sectors, but the growth is mainly related to ICT. This means telecommunications and high-tech industries have up to +3.5% additional sales, which is about US$404 trillion in the country. This will contribute to 5G infrastructure expansion which will directly fuel the demand for 5G antennas and will help in developing new antenna technologies. Hence, with the rising demand from the telecommunication sector, the market for 5G antenna is anticipated to grow.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
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Global 5G Antenna Market is segmented and analyzed as follows:

By Type

• Switched Multi-Beam Antenna
• Adaptive Array Antenna

By Technology

• SIMO
• MISO
• MIMO

By Application

• Mobile Phones
• Connected Vehicles
• Industry Automation
• IoT

By Geography

• Americas
• United States
• Others
• Europe, Middle East, and Africa
• Germany
• UK
• Others
• Asia Pacific
• China
• Japan
• South Korea
• Others