5G Infrastructure Market Size, Growth | Share Report 2034

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How Will the Market Growth Rate of the 5G Infrastructure Market Impact Future Demand?
The 5G infrastructure market size has grown exponentially in recent years. It will grow from $22.99 billion in 2025 to $28.28 billion in 2026 at a compound annual growth rate (CAGR) of 23.0%. The growth in the historic period can be attributed to mobile data traffic growth, evolution from 4g lte networks, expansion of fiber infrastructure, smartphone proliferation, early smart city initiatives.

The 5G infrastructure market size is expected to see exponential growth in the next few years. It will grow to $63.74 billion in 2030 at a compound annual growth rate (CAGR) of 22.5%. The growth in the forecast period can be attributed to industrial iot adoption, autonomous vehicle connectivity needs, ultra-low latency application demand, expansion of private enterprise networks, government-led digital infrastructure investments. Major trends in the forecast period include small cell network expansion, fiber-optic backhaul deployment, cloud-native network architectures, private 5G network rollouts, millimeter-wave network densification.

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Which Major Growth Drivers Will Influence the 5G Infrastructure Market by 2030?
The increasing demand for connected devices is expected to propel the growth of the 5G infrastructure market going forward. Connected devices refers to physical objects that can communicate with each other or with a central system via the internet or other networks. The demand for connected devices is rising due to the widespread adoption of the Internet of Things (IoT) to collect, share, and analyze data through the internet, making them smarter, more efficient, and capable of automation. 5G infrastructure boosts connected devices by enabling ultra-fast, low-latency, and high-capacity communication, ensuring real-time data transfer and seamless IoT integration across various sectors. For instance, in September 2024, according to IoT Analytics GmbH, a Germany-based non-governmental organization, by the end of 2023 there were 16.6 billion connected IoT devices, reflecting a 15% increase from 2022. Additionally, the number of connected IoT devices is projected to reach 40 billion by 2030. Therefore, the increasing demand for connected devices is expected to propel the growth of the 5G infrastructure market.

What Segments Are Covered in the 5G Infrastructure Market Report?
The 5G infrastructure market covered in this report is segmented –

1) By Component: Hardware, Software, Services
2) By Spectrum: Sub-6 GHz, Millimeter-wave
3) By Network Architecture: Centralized, Distributed, Cloud-Native, Virtualized
4) By End User: Telecommunications, Automotive, Healthcare, Manufacturing, Smart Cities

Subsegments:
1) By Hardware: Radio Access Network (RAN), Core Network Equipment
2) By Software: Network Management Software, Virtualization Software
3) By Services: Deployment Services, Integration Services

What Are the Top Trends Expected to Shape the 5G Infrastructure Market by 2029?
Major companies operating in the 5G infrastructure market are focusing on developing technological advancements such as 5G network architecture to enhance network performance, reduce latency, and support high-speed data transmission for applications such as IoT, autonomous vehicles, smart cities, and industrial automation. 5G network architecture is a scalable framework comprising the core network (5G C), radio access network (RAN), edge computing, and network slicing to enable high-speed, low-latency, and efficient connectivity for diverse applications. For instance, in November 2024, Viettel Group, a Vietnam-based telecom company, launched the world's first Open RAN (O-RAN) 5G network using Qualcomm Technologies' 5G RAN platforms. It offers several benefits, including increased competition, reduced costs, improved innovation, and enhanced network performance by allowing operators to choose components from multiple vendors. This approach also enables better scalability, energy efficiency, and customer experience through more flexible and interoperable network architectures.

Who Are the Key Players Driving the 5G Infrastructure Market?
Major companies operating in the 5G infrastructure market are Samsung Networks, AT&T Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Qualcomm Incorporated, Oracle Corporation, Fujitsu Limited, Hewlett Packard Enterprise Company, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, KT Corp., ZTE Corporation, Rakuten Mobile Inc., SK Telecom Co. Ltd., CommScope Holding Company Inc, Juniper Networks Inc., Ciena Corporation

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Which Region Is Expected to Lead the 5G Infrastructure Market by 2030?
Asia-Pacific was the largest region in the 5G infrastructure market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the 5G infrastructure market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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