5G Technologies Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2023-2032

Posted by Amruta Pritam on October 25th, 2023

The Business Research Company’s 5G Technologies Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The 5G Technologies Global Market Report 2023 evaluates 5g technologies market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global 5G technologies market is poised for remarkable expansion, with projections indicating an impressive surge from its 2026 valuation of ,726.0 million, manifesting a substantial growth rate of 67.3%. Furthermore, this sector is anticipated to sustain and accelerate its growth momentum, with a robust Compound Annual Growth Rate (CAGR) of 40.1% projected from 2026 onwards. By the year 2031, the 5G technologies market is forecasted to achieve a noteworthy market size of 4,040.9 million.

This trajectory underscores the dynamic and transformative role of 5G technologies in the modern digital landscape. 5G is not merely an upgrade to its predecessor but a pivotal enabler of the fourth industrial revolution, introducing ultra-fast connectivity, low latency, and unprecedented capabilities for industries and individuals alike. The proliferation of IoT, smart cities, autonomous vehicles, and enhanced mobile experiences hinges on the widespread adoption of 5G technologies. The continuous evolution of telecommunications and data transmission is powering the growth of this market, making it a cornerstone of digital transformation.

  

Increasing investments is expected to drive the growth of the 5G technologies market in the forecast period. For example, in July 2020, South Korea's three major mobile operators, SK Telecom, KT and LG Uplus, have invested US billion (KRW 25.7 trillion) to boost 5G infrastructure across the country.  Also, according to data from the 2022 World 5G Convention in Harbin, capital of Northeast China's Heilongjiang province, in August 2022, Chinese telecom operators invested 401.6 billion yuan (about .4 billion) in 5G.  Therefore, increasing investments are expected to propel forward demand in the 5G technologies market.

 

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The 5g technologies market segments in the report are:

1) By Communication Infrastructure: Small Cell; Macro Cell; Radio Access Network (RAN); Distributed Antenna System (DAS)

2) By End-User: Automotive; Industrial; Consumer Electronics; Healthcare; Telecom; Other End-Users

3) By Core Network Technology: Software-Defined Networking (SDN); Network Functions Virtualization (NFV); Mobile Edge Computing (MEC); Fog Computing (FC)

4) By Chipset Type: ASIC Chips; RFIC Chips; Millimeter Wave Technology Chips; Field-Programmable Gate Array (FPGA)

The table of contents in TBRC’s 5g technologies market report includes:

1. Executive Summary

2. Table of Contents

3. List of Figures

4. List of Tables

5. Report Structure

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19. Company Profiles
20. Key Mergers and Acquisitions

21. Opportunities And Strategies

22. 5G Technologies Market, Conclusions And Recommendations

23. Appendix

 

 

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

 

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Amruta Pritam

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Amruta Pritam
Joined: September 20th, 2022
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