5G Technology Market Size, Share, Trends, Value 2030

5G Technology Market

5G Technology Market: By Offerings (Hardware, Software, and Services), By Technology (Wi-Fi, HSPA, RAT, GSM, and WiMAX), By Application (AR/VR, Connected Automotive, Smart Manufacturing, Connected Energy, Wireless eHealth, Connected Drones, Smart Cities and Others) and By Region- Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025.

Category: Technology & Media Report Format : PDF Pages: 178 Report Code: ZMR-4861 Published Date: Oct-2019 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 612.58 Billion USD xx Billion 40.2% 2018

5G technology market to surpass a valuation of USD 612 58 Billion at a 40.2 % CAGR, 5G Technology Market By Communication Infrastructure, Services 5G technology Industry.

5G Technology is basically 5th generation mobile network technology. It is the latest form of cellular network technology and is still in commercialization phase. It is observed to be most advanced form of network technology with unbeatable benefits such as 20 GBPS data transmission rate and extensively low latency of 1 MS.

5G Technology Market Overview

5G is a next generation telecom network technology that provides broadband access. Beyond improved speed, it is also expected to support massive demand of IoT ecosystem where it can serve communication needs of connected devices worldwide. It has revolutionized the field of wireless networking and has enhanced machine-to-machine devices connectivity management. This will help in enhancing market for various sectors and also create opportunity for connected and smart devices.

The demand for smart phone is emerging and almost everyone in the world is using it. The increasing usage of smart phone for entertainment and work related activities is contributing to the market growth. Activities such as online gaming, VR headsets to enhance experience, video conferencing download files, application based entertainment via Netflix, hotstar and amazon is driving the need for smartphones. Moreover, rising digitalization and increasing online orders of food and products along with cab bookings is expected to support growth in the years ahead.

Due to increased usage of wireless mobile networks, the society has extremely exposed to security issues. Globally rising cyber-attacks is anticipated to hamper overall market growth to some extent. Remarkable progress in telecommunications and networking technologies is forecasted to result in lucrative market opportunities.

5G Technology Market: Report Scope

Report Attributes Report Details
Report Name 5G Technology Market Research Report
Market Size in 2018 USD 612.58 Billion
Market Forecast in 2025 USD xx Billion
Growth Rate CAGR of 40.2%
Number of Pages 210
Key Companies Covered SK Telecom, Ericsson, Qualcomm Technologies, Inc., Nokia Networks, Deutsche Telekom AG, AT&T, Inc., Telecom Italia, Huawei Technologies Co. Ltd., Orange, S.A., China Mobile Limited, Verizon Communications, Inc. and KT Corporation
Segments Covered By Offerings, By Technology, By Application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2018
Forecast Year 2018 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global 5G technology market is segmented on the basis of offerings, technology, applications, and geography. Offering segment is majorly classified into hardware, software, and services. Services sub segment of the market is anticipated to flourish during forecast time frame. Based on technology, the market bifurcated into Wi-Fi, GSM (Global System for Mobile), RAT (Radio Access Technologies), HSPA (High Speed Package Access), and WiMAX (Worldwide Interoperability for Microwave Access). 5G technologies is implied in diverse applications including AR/VR, connected automotive, smart manufacturing, connected energy, wireless e-health, connected drones and smart cities among other. Market demand in Augmented and Virtual Reality segment is expected to witness remarkable growth.

5G Technology Market: Competitive Space

Some of the globally renowned participants of 5G technology market are SK Telecom, Ericsson, Qualcomm Technologies, Inc., Nokia Networks, Deutsche Telekom AG, AT&T, Inc., Telecom Italia, Huawei Technologies Co. Ltd., Orange, S.A., China Mobile Limited, Verizon Communications, Inc. and KT Corporation among others.

5G Technology Market: Regional Insights

On the basis of geography, 5G technology markets is categorized into five main regions including North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Attributing to strong presence of prominent 5G technology providers, North America is anticipated to attain substantial market share. Furthermore, the United States is observed to dominate in the region.

Global 5G Technology Market ShareRequest Free Sample

The report segments the 5G technology market as follows:

Global 5G Technology Market: By Offerings Segment Analysis

  • Hardware
  • Software
  • Services

Global 5G Technology Market: By Technology Segment Analysis

  • Wi-Fi
  • HSPA (High Speed Package Access)
  • RAT (Radio Access Technologies)
  • GSM (Global System for Mobile)
  • WiMAX (Worldwide Interoperability for Microwave Access)

Global 5G Technology Market: By Application Segment Analysis

  • AR/VR
  • Connected Automotive
  • Smart Manufacturing
  • Connectecd Energy
  • Wireless eHealth
  • Connected Drones
  • Smart Cities
  • Others

Global 5G Technology Market: By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

5G technology refers to the fifth generation of wireless communication technology, succeeding the previous generations (1G, 2G, 3G, and 4G/LTE). It represents a significant advancement in mobile and wireless communications, offering higher data speeds, lower latency, increased capacity, and improved connectivity compared to its predecessors. 5G is designed to meet the growing demands of an increasingly connected world, supporting a wide range of applications and services, including mobile communication, Internet of Things (IoT), industrial automation, virtual reality, augmented reality, and more.

As of my last knowledge update in September 2021, the deployment and adoption of 5G technology were significant trends in the telecommunications industry. While the 5G landscape has likely evolved since then, here are some key factors that were expected to influence the growth of the 5G technology market.

5G technology market to surpass a valuation of USD 612.58 Billion in 2018

On the basis of geography, 5G technology markets is categorized into five main regions including North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Attributing to strong presence of prominent 5G technology providers, North America is anticipated to attain substantial market share. Furthermore, the United States is observed to dominate in the region.

Some of the globally renowned participants of 5G technology market are SK Telecom, Ericsson, Qualcomm Technologies, Inc., Nokia Networks, Deutsche Telekom AG, AT&T, Inc., Telecom Italia, Huawei Technologies Co. Ltd., Orange, S.A., China Mobile Limited, Verizon Communications, Inc. and KT Corporation among others.

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