Report Overview

Global 5G Infrastructure Market - Industry Trends & Forecast Report 2028 

The global 5G Infrastructure market was worth USD 2,958.1 Million in 2021 and expected to reach the valuation of USD 39,283.8 Million by 2028 at a CAGR of 44.9% during the forecast period of 2022-2028. The high growth rate is attributable to the growth of the colossal IoT ecosystem that would allow networks to connect billions of devices. The emergence of advanced technologies like artificial intelligence, machine learning, wired and wireless communications have created the demand for an uninterrupted network with faster internet connectivity and greater bandwidth. Increase in demand for mobile broadband services and proliferation of M2M/IoT connections drive the growth of the global 5G infrastructure market. On the other hand, high initial investment impedes the growth to some extent.

5G Infrastructure Overview 

5G stands for fifth-generation cellular network. It is approximately 100X faster than 4G and has been creating unfathomable opportunities for people as well as businesses in various dimensions. 5G infrastructure comprises several small-scale micro base stations that form the network. The 5G infrastructure offers faster connectivity speeds, ultra-low latency down to single-digit, and greater bandwidth, revamping industries and improving day-to-day experiences. It has brought the arrival of futuristic services like e-health, connected vehicles, and traffic systems, advanced mobile cloud gaming, etc. Variations in 5G infrastructure suggestion stand alone and non-standalone have broadened the horizons for the application of 5G. Huge investments are being made in 5G infrastructure propelling the 5G infrastructure market to grow at an expeditious rate. 5G has been deployed in 60+ countries and counting. There has been a faster rollout and adoption compared with 4G due to higher speeds and low latencies.

Global 5G Infrastructure Market

Growth Drivers 

Existence of Large-Scale Industries, Rising Demand for A Smooth Due to Fourth Industrial Revolution Expected to Drive Market Growth

Several large-scale companies are present in the sector adopting different strategies like collaborations, acquisitions, etc. The escalating number of such large-scale collaborations is a significant factor causing the market to exhibit a high CAGR during the forecast period. Despite the restraints and debates that have raised concerns regarding the implementation of 5G and their impact on human life, the 5G concept is expected to be integrated on a large scale in the coming years. The growing demand for seamless network and internet connectivity will create a massive platform for the companies operating in this network. Furthermore, the optimistic impact of the fourth industrial revolution and its related emerging technologies can be completely harnessed by the wide-scale deployment of 5G communication networks along with other connectivity solutions. These foremost drivers of 5G will unlock a wide array of opportunities, like optimization of service delivery, end-user experience as well as decision-making. This is expected to generate $13.2 trillion in global economic value by 2035, producing about 22.3 million jobs in the 5G global value chain. All these factors are likely to propel the growth of the global 5G infrastructure market during the forecast period.

Growth Restraint

Escalating Issues of Data Privacy and Cybersecurity Expected to Hamper the Market Growth

5G technology ensures uninterrupted connectivity at the global front. However, the constant connectivity breeds several privacy and security concerns among its users. Customers have experienced data breaches on the online portals owing to the presence of pernicious viruses and unauthenticated hackers. Additionally, Convoluted architecture involved in 5G network technology, makes it more critical. 5G promises to meet diversified service requirements with a single network. Network Functions Virtualization (NFV) concept is being widely used in 5G networks for network slicing, creating intelligence networks at the edge, multiple radio networks / connections and many more. Nevertheless, such new techniques require a new operating model which is different and complex from its previous versions and need proper knowledge to develop the architecture that can serve network requirements. Such factors anticipated to hamper market growth of global 5G infrastructure market in upcoming years.

Impact of COVID-19 On Global 5G Infrastructures Market.

The repercussions of the COVID-19 pandemic that engulfed the world at the start of 2020, could be felt immensely on the global 5G infrastructure market. Important governments all over the world, imposed lockdowns restrictions and border closures bringing the significant global supply chain to a halt. Except for life support items organizations and the clinical supplies, the majority of sectors have been impacted severely, with 5G and mobile network infrastructure endeavors being the prominent ones amidst the impacted. The disruptions in trials and testing required to verify the stability and processing performance of 5G standalone networks have resulted in delays in the launch of the 5G mobile networks by different countries. Furthermore, the telecom regulatory authorities have also postponed their plans for the 5G spectrum auction, thereby unduly impacting the market growth. For instance- governments in a few major countries entailing France, Spain, and Australia have temporarily postponed the spectrum auctions on several frequencies, like Sub-6 GHz and mm.

Global 5G Infrastructure Market– By Communication Infrastructure Type

Based on the component, the global 5G infrastructure market can be segmented into two segmentations: small cell, macro cell and others. Amidst the segmentation, the small cell segmentation accounts for a larger market share in 2021. This is attributable to the fact that a majority of the 5G networks are likely to be composed of small cells as they help the providers to reduce costs by eradicating pricey rooftop systems and installation costs. Moreover, they are anticipated to help improve the battery life and the performance of mobile handsets.

Global 5G Infrastructure Market– By Core Network Technology Type

Based on the core network technology type, the global 5G infrastructure market has been segmented into software-defined networking (SDN) and network function virtualization (NFV). Amidst the segmentation, the network function virtualization accounted for the largest market share in 2021. The NFV has been engineered in such a manner that a network operator can easily implement different network functions through software that can be run on standard server hardware and can be easily moved or installed in different locations in the network according to the requirement without the requirement to install new hardware equipment. To be more precise, the network provider will no more need to purchase application-specific or dedicated hardware devices to add, develop or offer new services.

Global 5G Infrastructure Market– By Network Architecture

Based on the network architecture, the global 5G infrastructure market segmented into 5G NR non-standalone (LTE Combined) and 5G standalone (NR + core). Amidst the segmentation, 5G Standalone (NR + Core) is projected to exhibit a higher CAGR in 5G infrastructure market during the forecast period 2022-2028 owing to 5G Standalone (SA) being an independent 5G network. 5G SA comprises both New Radio and Core. 5G SA network offers an end-to-end 5G experience to users. In terms of the 5G non-standalone network, it needs to be supported by the existing 4G infrastructure. By leveraging the existing 4G network infrastructure, carriers are able to provide more reliable and faster networks without having to completely rework their core network technology.

Global 5G Infrastructure Market– By Operational Frequency

Based on the operational frequency, the global 5G infrastructure market fragmented into sub 6 GHz and above 6 GHz. Amidst the segmentation, above 6 GHz or mm wave is expected to witness a higher growth rate during forecast period. Although both sub-6 GHz and above 6 GHz spectrum in providing much faster speeds than 4G LTE, above 6 GHz technology has the potential to deliver lightning-fast speeds as high as 5.0 Gbps or faster. The current 4G LTE services offer 100 to 200 Mbps speed. This is so, owing to the fact that the spectrum is crowded at the lower as sub-6 GHz frequency bands are mostly leveraged for cellular communications. On the other hand, at higher above 6 GHz frequencies, more bandwidth is available. Thereby, the above 6 GHz spectrum allows for large bandwidth and potentially faster speeds. Meanwhile, the sub-6 GHz spectrum offers lesser bandwidth so its speeds are slower.

Global 5G Infrastructure Market– By End User

Based on the end-user, the global 5G infrastructure market has been segmented into residential, commercial, industrial, and government. Amidst the segmentation, the industrial end-user segment is projected to grow with the highest CAGR in the 5G infrastructure market during the forecast period- 2022-2028. Presently, the deployment of 5G in the industrial sector is in its nascent stage, so not many developments can be observed. Nonetheless, owing to the potential growth opportunities in M2M and IoT communication technologies, a 5G network is anticipated to play a decisive role across different sectors like manufacturing, aerospace & defense, healthcare, industrial, automotive, and others.

Global 5G Infrastructure Market– Regional Insights.

On the basis of regions, the global 5G Infrastructure market has been segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Amidst the segmentation, North America accounted for the largest share of the 5G infrastructure market in 2021. North America is one of the most prominent markets for 5G infrastructure, in terms of research and development activities in 5G technology, network design, and deployment. Moreover, there is a substantial presence of major players of 5G technology in North America. In terms of the highest growth rate, Asia-Pacific is projected to dominate in this region. The growing demand for 5G networks and the consistently rising population in Asia-Pacific coupled with an increasing number of smartphone users has facilitated the growth of the 5G infrastructure market in the region. Furthermore, there has been an increase in government initiatives for building smart cities in Asia-Pacific. A Smart city is a futuristic technological advancement that is being adopted across the globe. Smart cities are equipped with advanced technologies such as AI, IoT, AR/VR, cloud computing, etc. This is also a major factor behind the growth of 5G networks in the region.

Competitive Landscape 

The key players dominating the global 5G Infrastructure market are Huawei, Nokia, Ericsson, ZTE, Samsung, NEC, Cisco, Qualcomm, Intel, Skyworks, Mediatek, Marvell, Qorvo, AT&T, Verizon Ltd., CommScope Inc., Corning Incorporated, Hewlett Packard Ent and other prominent players. The significant market pioneers maintain their dominance in the market by investing in research and activities, integrating the latest and advanced technologies into their products, and launching improved products for the customers. Different strategies are adopted like engaging in strategic alliances, agreements, mergers and collaborations

Recent Development

• November 2021: Ericsson, a Stockholm based company, declared that it was planning to acquire Vonage, a NEW-Jersey based communication platform for $6.2 billion in order to offer tools for implanting communication services in 5G applications running on the company's telecom as well as enterprise infrastructure products. As a result, Ericsson would gain more than 1 million developers capable of embedding video, messaging and voice services in software and Vonage would obtain global reach.
• February 2020: Mavenir entered into a strategic partnership with Turkcell, Turkey’s major digital operator. The alliance formed to test and deploy OpenRAN vRAN within the Turkcell Group. The Mavenir vRAN architecture and platform to support 4G and both the NSA and SA implementations of 5G NR. The Virtual RAN solution to be deployed on Turkcell Telco Cloud, and to go live on Turkcell Edge Cloud.

Scope of Report:

By Communication Infrastructure Type  

• Small Cell
• Macro Cell
• Others

By Core Network Technology

• Software-Defined Networking (SDN)
• Network Function Virtualization (NFV)

By Network Architecture

• 5g NR Non-Standalone (LTE Combined)
• 5g Standalone (NF + Core)

By Operational Frequency

• Sub 6 GHz
• Above 6 GHz

By End-User

• Residential
• Commercial
• Industrial
• Government

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global 5G Infrastructure Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global 5G Infrastructure Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Communication Infrastructure
         1. Small Cell
         2. Macro Cell
         3. Others
      2. By Core Network Technology
         1. Software-Defined Networking (SDN)
         2. Network Function Virtualization (NFV)
      3. By Network Architecture
         1. 5G NR Non-Standalone (LTE Combined)
         2. 5G Standalone (NR + Core)
      4. By Operational Frequency
         1. Sub 6 GHz
         2. Above 6 GHz
      5. By End User
         1. Residential
         2. Commercial
         3. Industrial
         4. Government
      6. By Region
         1. North America
         2. Europe
         3. The Asia-Pacific
         4. Latin America
         5. The Middle-East and Africa
6. North America 5G Infrastructure Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Communication Infrastructure
      2. By Core Network Technology
      3. By Network Architecture
      4. By Operational Frequency
      5. By End User
      6.  By Country
         1. United States
         2. Canada
7. Europe 5G Infrastructure Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Communication Infrastructure
      2. By Core Network Technology
      3. By Network Architecture
      4. By Operational Frequency
      5. By End User
      6. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. The Asia Pacific 5G Infrastructure Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Communication Infrastructure
      2. By Core Network Technology
      3. By Network Architecture
      4. By Operational Frequency
      5. By End User
      6. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America 5G Infrastructure Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Communication Infrastructure
      2. By Core Network Technology
      3. By Network Architecture
      4. By Operational Frequency
      5. By End User
      6. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. The Middle East & Africa 5G Infrastructure Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
    2. Market Share & Forecast
       1. By Communication Infrastructure
       2. By Core Network Technology
       3. By Network Architecture
       4. By Operational Frequency
       5. By End User
       6.        By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on 5G Infrastructure Market Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Huawei
    2. Nokia
    3. Ericsson
    4. ZTE
    5. Samsung
    6. NEC
    7. Cisco
    8. Qualcomm
    9. Intel
    10. Skyworks
    11. Mediatek
    12. Marvell
    13. Qorvo
    14. AT&T
    15. Verizon Ltd.
    16. CommScope Inc.
    17. Corning Incorporated
    18. Hewlett Packard Ent
    19. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

 Figure 1        Global 5G Infrastructure Market Segmentation

Figure 2        Global 5G Infrastructure Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global 5G Infrastructure Market Size, By Value (USD Million), 2018-2028

Figure 5        Global 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 6        Global 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 7        Global 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 8        Global 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 9        Global 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 10       Global 5G Infrastructure Market Share, By Region, By Value, 2018-2028

Figure 11       North America 5G Infrastructure Market Size, By Value (USD Million), 2018-2028

Figure 12       North America 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 13       North America 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 14       North America 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 15       North America 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 16       North America 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 17       North America 5G Infrastructure Market Share, By Country, By Value, 2018-2028

Figure 18       Europe 5G Infrastructure Market Size, By Value (USD Million), 2018-2028

Figure 19       Europe 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 20       Europe 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 21       Europe 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 22       Europe 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 23       Europe 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 24       Europe 5G Infrastructure Market Share, By Country, By Value, 2018-2028

Figure 25       The Asia-Pacific 5G Infrastructure Market Size, By Value (USD Million), 2018-2028

Figure 26       The Asia-Pacific 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 27       The Asia-Pacific 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 28       The Asia-Pacific 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 29       The Asia-Pacific 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 30       The Asia-Pacific 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 31       The Asia-Pacific 5G Infrastructure Market Share, By Country, By Value, 2018-2028

Figure 32       Latin America 5G Infrastructure Market Size, By Value (USD Million), 2018-2028

Figure 33       Latin America 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 34       Latin America 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 35       Latin America 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 36       Latin America 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 37       Latin America 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 38       Latin America 5G Infrastructure Market Share, By Country, By Value, 2018-2028

Figure 39       The Middle East & Africa 5G Infrastructure Market Size, By Value (USD Million), 2018-2021

Figure 40       The Middle East & Africa 5G Infrastructure Market Share, By Communication Infrastructure, By Value, 2018-2028

Figure 41       The Middle East & Africa 5G Infrastructure Market Share, By Core Network Technology, By Value, 2018-2028

Figure 42       The Middle East & Africa 5G Infrastructure Market Share, By Network Architecture, By Value, 2018-2028

Figure 43       The Middle East & Africa 5G Infrastructure Market Share, By Operational Frequency, By Value, 2018-2028

Figure 44       The Middle East & Africa 5G Infrastructure Market Share, By End User, By Value, 2018-2028

Figure 45       The Middle East & Africa 5G Infrastructure Market Share, By Country, By Value, 2018-2028

List of Tables

Table 1            Global 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 2         Global 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2028

Table 3         Global 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2028

Table 4         Global 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2028

Table 5         Global 5G Infrastructure Market Size, By End User, By Value, 2018-2028

Table 6         Global 5G Infrastructure Market Size, By Region, By Value, 2018-2028

Table 7         North America 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 8         North America 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2028

Table 9         North America 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2028

Table 10        North America 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2028

Table 11        North America 5G Infrastructure Market Size, By End User, By Value, 2018-2028

Table 12        North America 5G Infrastructure Market Size, By Country, By Value, 2018-2028

Table 13        Europe 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 14        Europe 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2021

Table 15        Europe 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2021

Table 16        Europe 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2021

Table 17        Europe 5G Infrastructure Market Size, By End User, By Value, 2018-2021

Table 18        Europe 5G Infrastructure Market Size, By Country, By Value, 2018-2028

Table 19        The Asia-Pacific 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 20        The Asia-Pacific 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2028

Table 21        The Asia-Pacific 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2028

Table 22        The Asia-Pacific 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2028

Table 23        The Asia-Pacific 5G Infrastructure Market Size, By End User, By Value, 2018-2028

Table 24        The Asia-Pacific 5G Infrastructure Market Size, By Country, By Value, 2018-2028

Table 25        Latin America 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 26        Latin America 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2028

Table 27        Latin America 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2028

Table 28        Latin America 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2028

Table 29        Latin America 5G Infrastructure Market Size, By End User, By Value, 2018-2028

Table 30        Latin America 5G Infrastructure Market Size, By Country, By Value, 2018-2028

Table 31     The Middle East & Africa 5G Infrastructure Market Size, By Communication Infrastructure, By Value, 2018-2028

Table 32      The Middle East & Africa 5G Infrastructure Market Size, By Core Network Technology, By Value, 2018-2028

Table 33        The Middle East & Africa 5G Infrastructure Market Size, By Network Architecture, By Value, 2018-2028

Table 34        The Middle East & Africa 5G Infrastructure Market Size, By Operational Frequency, By Value, 2018-2028

Table 35        The Middle East & Africa 5G Infrastructure Market Size, By End User, By Value, 2018-2028

Table 36        The Middle East & Africa 5G Infrastructure Market Size, By Country, By Value, 2018-2028

Table 37        Huawei Company Overview

Table 38        Huawei Financial Overview

Table 39        Nokia Company Overview

Table 40        Nokia Financial Overview

Table 41        ZTE Company Overview

Table 42        ZTE Financial Overview

Table 43        Samsung Company Overview

Table 44        Samsung Financial Overview

Table 45        Cisco Company Overview

Table 46        Cisco Financial Overview

Table 47        Intel Company Overview

Table 48        Intel Financial Overview

Table 49        Skyworks Company Overview

Table 50        Skyworks Financial Overview

Table 51        Mediatek Company Overview

Table 52        Mediatek Financial Overview

Table 53        Marvell Company Overview

Table 54        Marvell Financial Overview

Table 55        Qorvo Company Overview

Table 56        Qorvo Financial Overview

Table 57        AT&T Company Overview

Table 58        AT&T Financial Overview

Table 59        Verizon Ltd. Company Overview

Table 60        Verizon Ltd. Financial Overview

Table 61        CommScope Inc. Company Overview

Table 62        CommScope Inc. Financial Overview

Table 63        Corning Incorporated Company Overview

Table 64        Corning Incorporated Financial Overview

Table 65        Hewlett Packard Ent Company Overview

Table 66        Hewlett Packard Ent Financial Overview