Global 5G Technologies Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Network Technology;

Software-Defined Networking (SDN) , Network Functions Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC), and Distributed Antenna System (DAS).

By Chipset Type;

ASIC Chips, RFIC Chips, Millimeter Wave Technology Chips, and Field-Programmable Gate Array (FPGA).

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn117370364 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global 5G Technologies Market (USD Million), 2021 - 2031

In the year 2024, the Global 5G Technologies Market was valued at USD 38,712.47 million. The size of this market is expected to increase to USD 1,322,127.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 65.6%.

The Global 5G Technologies Market is at the forefront of revolutionizing the telecommunications industry, poised to deliver unprecedented speed, capacity, and connectivity for both consumers and industries worldwide. As the fifth generation of mobile networks, 5G promises to significantly enhance the way we communicate, work, and interact with technology. Unlike its predecessors, 5G is designed not only to improve mobile broadband experiences but also to support a vast array of applications that require ultra-reliable and low-latency connectivity, such as autonomous vehicles, remote healthcare, smart cities, and industrial automation.

From 2020 to 2030, the Global 5G Technologies Market is expected to experience exponential growth fueled by continuous advancements in network infrastructure, spectrum allocation, and technological innovations. Key components of the 5G ecosystem include advanced radio access technologies like Massive MIMO (Multiple Input, Multiple Output) and beamforming, which enable higher data speeds and greater network capacity. Core network enhancements such as Network Slicing and Edge Computing are integral to delivering customized services and low-latency applications tailored to specific industry needs. Moreover, the deployment of small cells and massive IoT (Internet of Things) connectivity will extend 5G capabilities to support a multitude of devices and applications, driving digital transformation across sectors.

Leading global players in the telecommunications sector, including Huawei, Ericsson, Nokia, and Qualcomm, are pivotal in shaping the 5G landscape through extensive research, development, and commercialization efforts. These companies collaborate with telecom operators, governments, and industry stakeholders to deploy 5G networks, ensuring interoperability, security, and regulatory compliance. As governments worldwide accelerate their digital agendas and businesses seek to capitalize on new opportunities presented by 5G, the Global 5G Technologies Market is set to redefine connectivity standards, unlock innovation, and pave the way for a hyper-connected future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Network Technology
    2. Market Snapshot, By Chipset Type
    3. Market Snapshot, By Region
  4. Global 5G Technologies Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Growth in Internet of Things (IoT) Applications
        2. Emergence of Smart Cities and Connected Infrastructure
        3. Advancements in Mobile Technologies
        4. Government Initiatives and Investments
      2. Restraints
        1. Spectrum Allocation Challenges
        2. Technological Integration Complexity
        3. Security and Privacy Concerns
        4. Regulatory Compliance
      3. Opportunities
        1. Development of Autonomous Vehicles
        2. Enhanced Mobile Broadband Services
        3. Integration with Edge Computing
        4. Partnerships with Vertical Industries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global 5G Technologies Market, By Network Technology, 2021 - 2031 (USD Million)
      1. Software-Defined Networking (SDN)
      2. Network Functions Virtualization (NFV)
      3. Mobile Edge Computing (MEC)
      4. Fog Computing (FC)
      5. Distributed Antenna System (DAS)
    2. Global 5G Technologies Market, By Chipset Type, 2021 - 2031 (USD Million)
      1. ASIC Chips
      2. RFIC Chips
      3. Millimeter Wave Technology Chips
      4. Field-Programmable Gate Array (FPGA)
    3. Global 5G Technologies Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AT&T
      2. British Telecommunications plc
      3. China Mobile Ltd
      4. China Telecom Corporation Ltd
      5. Bharti Airtel Limited
      6. KT Corp
      7. Saudi Telecom Company
      8. Vodafone Group
  7. Analyst Views
  8. Future Outlook of the Market