Report Overview

Government’s supportive initiatives for high-speed network connectivity, increasing adoption of 5G networks for smart cities, rapid adoption of smartphones, and spurring demand for better connectivity are expected to present enormous growth opportunities for India 5G Equipment Market during the forecast period between 2022 and 2030.

India 5G Equipment Market - Industry Trends & Forecast Report, 2030

India 5G Equipment Market size is projected to grow at a CAGR of 78.6% during the forecast period between 2022 and 2030. Indian 5G equipment industry is increasing at a rapid pace. On the backbone of advancing telecommunication services, India 5G equipment market is growing at a rapid pace. The increase in demand for faster network services, combined with advancements in the telecommunications sector because of evolving technologies, may drive the growth of India 5G equipment market during the period in analysis. Lower latency in 5G, increasing adoption of virtual networking architecture, and increasing mobile data traffic are also projected to support the high growth of India 5G equipment market during the forecast period.

India 5G Equipment Market - Overview

5G technology enables reliable communication for critical applications, such as patient care, imaging, diagnostics, and treatment, resulting in quality care, resource management, transportation, and agriculture. 5G technology is a critical component of a connected society, necessitating several components, such as device-to-device integration, multi-antenna transmission, and flexible user spectrum to perform operations at a higher frequency, as well as backhaul integration. When compared to 4G and 4G LTE, 5G works faster on mobile phones and other devices. Users can download movies, videos, and music in seconds rather than minutes. The 5G network has a speed of 20 Gbps, allowing organizations to use it for services, such as automation and advanced web conferencing. According to a recent survey, consumers who used 5G saved nearly 23 hours per day on downloading.

Growth Drivers

Growing adoption IoT connected devices to boost growth of 5G market

India 5G equipment is expected to grow due to rapidly rising adoption and use of the internet of things (IoT) in daily lives as well as the rising demand for Artificial Intelligence (AI) to operate a variety of services. IoT has a wide range of uses in many different sectors, including manufacturing, smart cities, logistics, healthcare, and automotive. These industries and IoT-connected devices demand effective communication infrastructure that is underpinned by dependable connections with low latency. With the 5G networks being adopted quickly, the demand for 5G equipment is also expected to grow. This, in turn, could support the growth of 5G equipment market in India.

Increasing utilization of mobile internet

Adoption of 5G is fueled by a high percentage of 4G connections, high data usage, and a high percentage of video consumption (especially HD/UHD). The adoption of 5G is also made possible by the country's currently slow 4G mobile speed. India is quickly implementing 4G connections (50% of subscribers are on 4G), and in the coming years, smartphone penetration is expected to further deepen. The availability of inexpensive data plans has increased mobile data consumption in India, and consumers there are developing the habit of using large amounts of data on their smartphones.

Growing demand for better connectivity

Market for 5G equipment in India is growing rapidly due to rising use of laptops, smartphones, and online work and entertainment services. A growing demand for an efficient network and increased demand for better internet are supporting the expansion of India 5G equipment market during the forecast period. Work-from-home culture grew more popular during the recent Covid-19 pandemic, and many industries—including IT sector—shifted to a home-based workforce. In these circumstances, the need for better internet connectivity and lower data transfer latency could further fuel the growth of India 5G equipment market.

Adoption of 5G Networks for smart cities

Smart cities are expected to make extensive use of 5G. Smart utility management systems, smart grid and metering systems, smart traffic management systems, smart traffic lights, video surveillance and analytics, and waste management are expected to be the major 5G applications for smart cities. In addition, 5G transforms the development of smart cities from a theoretical to a practical endeavor and paves way for the creation and introduction of novel applications. 5G will provide more affordable, more dependable, and more capable connections, enabling high bandwidth and low latency required for applications, such as real-time connected vehicle and traffic data and infrastructure safety in smart cities. IoT is used by smart cities to gather real-time data, better understand how demand patterns are changing, and respond with quicker and less expensive solutions. All these benefits could boost the growth of India 5G equipment market.

Restraints

High initial cost to implement and integrate 5G equipment

The main drawback of 5G is that it only has local availability and has patchy national coverage. Only urban areas will see significant benefits from the 5G network, and rural areas may not experience coverage for several years. Furthermore, compared to other networks, the costs associated with installing tower stations are high. Also, if 5G is deployed in the same manner as previous generations to meet increasing traffic demands, mobile network energy consumption will skyrocket. It could be both financially and environmentally unsustainable. Overall, demand for fast mobile data may be driving the push for 5G in India, but the cost of the service will remain a key consideration.

Impact of COVID -19 on India 5G Equipment Market

The COVID-19 pandemic crisis caused a delay in India's 5G rollout schedule. The initially scheduled June 2020 for 5G spectrum auction was postponed. The Third Generation Partnership Project (3GPP) also postponed the publication of 5G standards. It, in turn, caused layers to halt the manufacturing of infrastructure tools and gadgets. The delay in the 5G spectrum auction caused major companies, such as Samsung and Oppo. to launch their most recent products in India without 5G support, even though the same products have 5G support features in other markets. India 5G market saw a sharp increase in demand for high-speed data amid the pandemic, despite the delay in 5G launch. Post the pandemic, it is expected that 5G market will benefit from an exponential increase in data traffic, the need for a seamless network connection for remote work, and deepening penetration of IoT devices.

India 5G Equipment Market

Segmental Coverage

India 5G Equipment Market - By Product

India 5G equipment market has Small Cells, Macro Cells, and other segments based on the product. Among them, the small cells segment is expected to dominate India 5G equipment market by product. As 5G necessitates network densification, small cells will be an essential component of 5G networks. The RoW application procedure for deploying small cells simplified, allowing service providers to use street infrastructure to deploy the network at a low cost of INR 150 (USD 1.80) per year in rural areas and INR 300 (USD 3.70) in urban areas.

India 5G Equipment Market - By End User

On basis of end user, India 5G equipment market has Commercial, Industrial, Government & Defense, and Residential. Homeland security, defense, and government institutions/agencies make up remainder of the government & defense segment. Due to the massive investments being made in maritime and military industries, the government & defense segment is expected to expand at the highest growth rate during the forecast period.

India 5G Equipment Market - By Frequency

By frequency, India 5G equipment market has Sub 6 GHz and above 6 GHz segments. Sprint’s sub-6GHz network (which is now T-Mobile’s) has experienced peak speeds of about 200Mb/s. Although a good LTE connection can achieve those speeds, Sub-6GHz 5G is faster than most people will experience with LTE, despite not being able to achieve the incredible speeds possible with mmWave. Sub-6GHz 5G bands do not deviate as much from current generations' frequency ranges as mmWave 5G does because they do. Even though the frequencies themselves only offer a slight speedup over LTE, having more sub-6GHz spectrum means more bandwidth and faster user speeds. The above 6 GHz frequency segment is expected to grow significantly during the forecast period.

India 5G Equipment Market - By Technology

By Technology, India 5G equipment market has Network Function Visualization (NFV) and Software Defined Networking (SDN) segments. The growing number of devices accessing the network, supported by expanding variety of networking applications and services, is driving up demand for SDN and NFV applications. SDN and NFV allow for the modification of service and network architecture (NFV). SDN enables control of network devices without the need for software updates each time a new protocol is implemented. The SDN and NFV market is expected to experience growth over the coming years because of their advantages as well as the increase in internet usage during COVID-19.

India 5G Equipment Market - By Architecture

By architecture, India 5G equipment market is segmented into 5G Standalone (NR + Core) and 5G NR Non-Standalone (LTE Combined). The two main deployment models for 5G networks are standalone and non-standalone. In the standalone mode, which Jio has chosen, 5G network runs in parallel with the current 4G network and is supported by specialized equipment, whereas, in the non-standalone mode, 4G core infrastructure is used to support the 5G network. To unleash full potential of 5G standalone, 5G Core implements new 3GPP network architecture, enabling faster connectivity speeds, extremely low latency, higher bit rates, and network dependability.

India 5G Equipment Market – By Region

Geographically, India 5G equipment has four major regions: North India, South India, East India, and West India. On October 1, 2022, the Prime Minister Shri. Narendra Modi launched 5G services in Pragati Maidan, New Delhi, ushering in a new technological era. The sixth iteration of the India Mobile Congress (IMC) was also officially opened by the prime minister, who also attended the IMC Exhibition. The Prime Minister has launched 5G in a few cities, and over the following few years, it will gradually expand to the entire nation. The 13 cities where 5G networks are launching first are Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad, Jamnagar, Kolkata, Lucknow, Mumbai, and Pune. Airtel is the first telecom operator in India to officially launch 5G services. Airtel 5G Plus service has now been launched in eight cities by one of the country's largest telecom operators. Meanwhile, Reliance Jio is launching 5G service in four cities: Delhi, Kolkata, Mumbai, and Varanasi.

Competitive Landscape

India 5G equipment market is fiercely competitive, with Bharti Airtel Limited, Bharat Sanchar Nigam Limited, Reliance Jio Infocomm Limited, Vodafone Idea Limited, Cisco Systems, Inc., Ericsson, and Nokia Corporation. Key strategies used by these market leaders are new product and service launches, mergers and acquisitions, partnerships, collaborations, and joint ventures. To further grow their market share, these companies are also focusing on investing in innovations and expansions.

Recent Developments

• In October 2022, Nokia stated that it was expanding its 5G equipment manufacturing facility in Chennai, Tamil Nadu, India, to address the increasing demand for its products in the country.

• In September 2022,  Ericsson announced that it was increasing the capacity of its 4G and 5G equipment manufacturing facility in Pune, Maharashtra, India, to supply its equipment to telecom operators in India.

Scope of the Report

Attributes	Details
Years Considered	Estimated Year – 2022
	Forecast Period – 2022–2028
Facts Covered	Revenue in USD Billion
Market Coverage	India
Product/ Service Segmentation	Product, End User, Frequency, Technology, Architecture, Region
Key Players	Bharti Airtel Limited, Bharat Sanchar Nigam Limited, Reliance Jio Infocomm Limited, Vodafone Idea Limited, Ericsson, Nokia Corporation.

 

By Product

• Small Cells

• Macro Cells

• Others

By End User

• Commercial

• Industrial

• Government & Defense

• Residential

By Frequency

• Sub 6 GHz

• Above 6 GHz

By Technology

• Network Function Visualization (NFV)

• Software Defined Networking (SDN)

By Architecture

• 5G Standalone (NR + Core)

• 5G NR Non-Standalone (LTE Combined)

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India 5G Equipment Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Adoption of 5G Networks for Smart Cities
         2. Growing Adoption of Smartphones and Demand for Better Connectivity
      2. Restraints
         1. High Initial Cost to Implement and Integrate 5G Equipment
      3. Opportunity
         1. Government’s Initiatives for High-Speed network connectivity
      4. Challenges
         1. The energy efficiency challenges in 5G small cell networks
   3. Technological Advancements/Recent Developments
   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
4. India 5G Equipment Market Overview
   1. Market Size & Forecast by Value, 2022–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
         1. Small Cells
         2. Macro Cells
         3. Others
      2. By End User
         1. Commercial
         2. Industrial
         3. Government & Defense
         4. Residential
      3. By Frequency
         1. Sub 6 GHz
         2. Above 6 GHz
      4. By Technology
         1. Network Function Visualization (NFV)
         2. Software Defined Networking (SDN)
      5. By Architecture
         1. 5G Standalone (NR + Core)
         2. 5G NR Non-Standalone (LTE Combined)
      6. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India 5G Equipment Market
   1. 1. Market Size & Forecast by Value, 2022–2030
      2. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By End User
      3. By Frequency
      4. By Technology
      5. By Architecture
6. South India 5G Equipment Market
   1. Market Size & Forecast by Value, 2022–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By End User
      3. By Frequency
      4. By Technology
      5. By Architecture
7. East India 5G Equipment Market
   1. Market Size & Forecast by Value, 2022–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By End User
      3. By Frequency
      4. By Technology
      5. By Architecture
8. West India 5G Equipment Market
   1. Market Size & Forecast by Value, 2022–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By End User
      3. By Frequency
      4. By Technology
      5. By Architecture
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India 5G Equipment Company Market Share Analysis, 2021
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India 5G Equipment Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. Bharti Airtel Limited
    2. Bharat Sanchar Nigam Limited
    3. Reliance Jio Infocomm Limited
    4. Vodafone Idea Limited
    5. Ericsson
    6. Nokia Corporation
    7. Other Prominent Players
12. Key Strategic Recommendations
13. 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. Assumptions & Limitations

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1      India 5G Equipment Market Segmentation

Figure 2      India 5G Equipment Market Value Chain Analysis

Figure 3      Company Market Share Analysis, 2021

Figure 4      India 5G Equipment Market Size, By Value (USD Million), 2022–2030

Figure 5      India 5G Equipment Market Share, By Product, By Value, 2022–2030

Figure 6      India 5G Equipment Market Share, By End User, By Value, 2022–2030

Figure 7      India 5G Equipment Market Share, By Frequency, By Value, 2022–2030

Figure 8      India 5G Equipment Market Share, By Technology, By Value, 2022–2030

Figure 9      India 5G Equipment Market Share, By Architecture, By Value, 2022–2030

  Figure 10    India 5G Equipment Market Share, By Region, By Value, 2022–2030

Figure 11    North India 5G Equipment Market Size, By Value (USD Million), 2022–2030

Figure 12    North India 5G Equipment Market Share, By Product, By Value, 2022–2030

Figure 13    North India 5G Equipment Market Share, By End User, By Value, 2022–2030

Figure 14    North India 5G Equipment Market Share, By Frequency, By Value, 2022–2030

Figure 15    North India 5G Equipment Market Share, By Technology, By Value, 2022–2030

Figure 16    North India 5G Equipment Market Share, By Architecture, By Value, 2022–2030

Figure 17    South India 5G Equipment Market Size, By Value (USD Million), 2022–2030

Figure 18    South India 5G Equipment Market Share, By Product, By Value, 2022–2030

Figure 19    South India 5G Equipment Market Share, By End User, By Value, 2022–2030

Figure 20    South India 5G Equipment Market Share, By Frequency, By Value, 2022–2030

Figure 21    South India 5G Equipment Market Share, By Technology, By Value, 2022–2030

Figure 22    South India 5G Equipment Market Share, By Architecture, By Value, 2022–2030

Figure 23    East India 5G Equipment Market Size, By Value (USD Million), 2022–2030

Figure 24    East India 5G Equipment Market Share, By Product, By Value, 2022–2030

Figure 25    East India 5G Equipment Market Share, By End User, By Value, 2022–2030

Figure 26    East India 5G Equipment Market Share, By Frequency, By Value, 2022–2030

Figure 27    East India 5G Equipment Market Share, By Technology, By Value, 2022–2030

Figure 28    East India 5G Equipment Market Share, By Architecture, By Value, 2022–2030

Figure 29    West India 5G Equipment Market Size, By Value (USD Million), 2022–2030

Figure 30    West India 5G Equipment Market Share, By Product, By Value, 2022–2030

Figure 31    West India 5G Equipment Market Share, By End User, By Value, 2022–2030

Figure 32    West India 5G Equipment Market Share, By Frequency, By Value, 2022–2030

Figure 33    West India 5G Equipment Market Share, By Technology, By Value, 2022–2030

Figure 34    West India 5G Equipment Market Share, By Architecture, By Value, 2022–2030

List of Tables

 

Table 1   India 5G Equipment Market Size, By Product, By Value, 2022–2030

Table 2   India 5G Equipment Market Size, By End User, By Value, 2022–2030

Table 3   India 5G Equipment Market Size, By Frequency, By Value, 2022–2030

Table 4   India 5G Equipment Market Size, By Technology, By Value, 2022–2030

Table 5   India 5G Equipment Market Size, By Architecture, By Value, 2022–2030

Table 6   India 5G Equipment Market Size, By Region, By Value, 2022–2030

Table 7   North India 5G Equipment Market Size, By Product, By Value, 2022–2030

Table 8   North India 5G Equipment Market Size, By End User, By Value, 2022–2030

Table 9   North India 5G Equipment Market Size, By Frequency, By Value, 2022–2030

Table 10 North India 5G Equipment Market Size, By Technology, By Value, 2022–2030

Table 11 North India 5G Equipment Market Size, By Architecture, By Value, 2022–2030

Table 12 South India 5G Equipment Market Size, By Product, By Value, 2022–2030

Table 13 South India 5G Equipment Market Size, By End User, By Value, 2022–2030

Table 14 South India 5G Equipment Market Size, By Frequency, By Value, 2022–2030

Table 15 South India 5G Equipment Market Size, By Technology, By Value, 2022–2030

Table 16 South India 5G Equipment Market Size, By Architecture, By Value, 2022–2030

Table 17 East India 5G Equipment Market Size, By Product, By Value, 2022–2030

Table 18 East India 5G Equipment Market Size, By End User, By Value, 2022–2030

Table 19 East India 5G Equipment Market Size, By Frequency, By Value, 2022–2030

Table 20 East India 5G Equipment Market Size, By Technology, By Value, 2022–2030

Table 21 East India 5G Equipment Market Size, By Architecture, By Value, 2022–2030

Table 22 West India 5G Equipment Market Size, By Product, By Value, 2022–2030

Table 23 West India 5G Equipment Market Size, By End User, By Value, 2022–2030

Table 24 West India 5G Equipment Market Size, By Frequency, By Value, 2022–2030

Table 25 West India 5G Equipment Market Size, By Technology, By Value, 2022–2030

Table 26 West India 5G Equipment Market Size, By Architecture, By Value, 2022–2030

Table 27 Bharti Airtel Limited Company Overview

Table 28 Bharti Airtel Limited Financial Overview

Table 29 Bharat Sanchar Nigam Limited Company Overview

Table 30 Bharat Sanchar Nigam Limited Financial Overview

Table 31 Reliance Jio Infocomm Limited Company Overview

Table 32 Reliance Jio Infocomm Limited Financial Overview

Table 33 Vodafone Idea Limited Company Overview

Table 34 Vodafone Idea Limited Financial Overview

Table 35 Cisco Systems, Inc. Company Overview

Table 36 Cisco Systems, Inc. Financial Overview

Table 37 Ericsson Company Overview

Table 38 Ericsson Financial Overview

Table 39 Nokia Corporation Company Overview

Table 40 Nokia Corporation Financial Overview