5G Network Infrastructure Market Size, Share, Opportunities, And Trends By Component (RAN, 5G Core), By Band (Sub-6 GHz, MmWave), By Deployment (Standalone, Non- Standalone), And By Geography - Forecasts From 2024 To 2029

5G Network Infrastructure Market Size:

The 5G network infrastructure market is projected to grow at a CAGR of 15.40% over the forecast period, increasing from US$66.328 billion in 2025 to US$135.740 billion by 2030.

5G Network Infrastructure Market Highlights:

• IoT Growth: Surge in IoT applications fuels demand for 5G infrastructure.
• Economic Impact: 5G drives the digital economy, enhancing sectors like healthcare and manufacturing.
• Government Support: Policies promote 5G rollout, boosting network accessibility and coverage.
• Ericsson’s Leadership: Key player in Malaysia’s 5G infrastructure, driving innovation and deployment.

A 5G network infrastructure is composed of several parts and technologies that operate in tandem with each other for 5G network connections. The top 5G networks have many advantages for users with their fast speed and low latency. The major factor for the increasing expansion of the 5G mobile network market is the expanding use of smart controls around the world. It is becoming increasingly vital for high-speed Internet as cell phones are taking over the whole world.

Another factor propelling the 5G network infrastructure market expansion is the increasing ownership of smartphones globally. With this rising ownership of smartphones, the demand for high-speed internet service will increase significantly. Global smartphone ownership witnessed a major growth, with about 4.3 billion individuals, or about 54% of the total global population owning smartphones, as stated by the GSMA. With the increasing ownership of smartphones, the demand for efficient and high-speed network connectivity is increasing. Further, the need for high-speed instant connections is going up with the acceptance of mobile phones across the global markets. This is further supported by another factor due to the increasing adoption of 5G technology.

Some of the major players operating in the market are Fujitsu, Samsung, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Qualcomm Technologies, Nokia, NEC, 3M, VVDN Technologies, Keysight Technologies, Siemens, and Murata Manufacturing Co., Ltd., among others. The increasing global adoption of the 5G network technology is among the major factors propelling the 5G network infrastructure market expansion.

5G Network Infrastructure Market Growth Drivers:

• The growing adoption of the 5G network is accelerating the demand in the market

This is the most significant factor that will drive the growth of the global 5G network infrastructure market during the forecasted period. As the usage of 5G network solutions continues to increase, the low-speed and low-latency internet technology will also gain traction in the market.

Besides, the global adoption of 5G networks has seen significant growth in recent years. The major factor increasing the adoption rate of the 5G network technology is the increasing adoption of IoT devices and growing ownership of smartphones. For example, the International Telecommunication Union report indicated that in 2021, adoption of the 5G technology was reported to be 18%, which in 2022 became 31%, and in 2023, it hit 38%. The agency continued to point out that the adoption of 5G in Europe in 2023 was reported at 68%. After this, the second region that registered an adoption rate for 5G was the Americas, with a reported 59% in 2023. The adoption of 5G in Asia Pacific and Arab states is recorded at 42% and 12% respectively.

• Network slicing to make way for 5G network adoption is anticipated to increase the market growth

Network slicing divides a single network connection into multiple virtual connections through network virtualization on one side while offering different resource volumes to different types of traffic on the other. Therefore, network slicing can help telecom vendors and mobile operators peel off parts of their networks to meet specific customer use cases that might include connected cars, smart homes, smart factories for the Internet of Things, or smart energy grids, among others. Network slicing is one of the tools used by providers aimed at addressing the varied needs of businesses. This outlines how virtually deploying a dedicated network slice would be possible in meeting different use cases or customer service requirements. Health facilities, for example, will need very different networks from agriculture. Moreover, network slicing enhances the security of critical services, as network slices are rendered dependable and easier once set aside for dedicated services.

5G Network Infrastructure Market Key Segments:

• By component, RAN is expected to witness significant growth in the 5G network infrastructure market

The RAN segment is expected to have the largest 5G infrastructure market share because it can support a wide range of spectrum bands. The exponential growth expected for small cells is due to the expansion of network capacity in specific places. Basically, 5G small cells in an area of high user density can connect the maximum number of smartphones by the operator. As the demand for high broadband increases, together with the growth in data traffic through enhanced network capacity resulting from 5G network architecture, the necessity for small cells is anticipated to rise.

Moreover, there would be a rise in demand for cloud-RAN driven by the increase in demand for newer architectures of wireless networks. Through better network performance, virtual-RAN adds to improved user experience. The need for C-RAN and V-RAN in a 5G infrastructure is forecast to escalate.

For instance, in December 2023, Parallel Wireless, Inc. declared that there was a hardware-agnostic standalone (SA) 5G software stack available. This standalone solution allows operators and private and public safety networks to establish their RAN infrastructure on diverse processor hardware platforms. The expectation is that these moves would quicken the RAN section growth.

Further, the RAN market will be largely driven by government efforts to improve digital infrastructure, such as spectrum auctions and investments in rural broadband. For instance, in February 2024, TELUS and Samsung Electronics announced that this would be Canada's first open and virtualized commercial radio access network (RAN). These dynamics promise better performance, flexibility, the economy of energy, and some aspects of automation.

Moreover, the AI-RAN Alliance, a new cooperative, was introduced in February 2024 at the GSMA Mobile World Congress in Barcelona. It will be a project in which artificial intelligence (AI) is combined with mobile technology to accelerate mobile systems and RAN technologies. Additionally, in February 2024, NTT Docomo and NEC Corporation announced the establishment of a joint venture, to be named OREX SAI on April 1, 2024, with the aim of facilitating open radio access network (Open RAN) services for global deployment. Docomo owns a 66% controlling interest, and NEC has a 34% non-controlling interest in the planned joint company.

• By deployment, standalone is expected to witness significant growth in the 5G network infrastructure market

A 5G standalone network is a unique and independent infrastructure, in which both the 5G core and the 5G new radio are deployed as different networks. 5G technology is a genuine innovation by SA architecture, which contains all the possible 5G features and capabilities. It is particularly effective in situations where a complete network redesign is needed or when a 5G greenfield deployment is feasible. SA architecture, when compared to NSA architecture, besides lower latency and enhanced performance, can specifically meet the needs of applications where the highest efficiency and reliability are needed, e.g., critical Internet of Things (IoT) services, and driverless cars.

The global market for standalone 5G networks is expanding due to the growing investments made in 5G standalone infrastructure by multiple network operators. For instance, the GSAA 5G-Standalone September 2024 summary report states that the number of devices with claimed 5G SA support has increased from 1,227 at the end of 2022 to 1,906 announced devices, a 55.3% increase. As of the end of March 2024, 68.1% of all 5G devices had 5G SA support, up from 57.9% in December 2020. Of the 96 modems or mobile processors/platform chipsets that claim to support 5G SA, 93 are presumably commercially available.

Further, technological advancements and the changes in telecommunications infrastructure through innovations are major aspects that drive the standalone 5G network market industry. With the businesses engaged in research and development, new technologies that make the standalone 5G networks more functional and improve their performance are being developed and introduced. With the acquisition of such developments, marketing applications may widen to include other applications and services, thus enhancing the network efficacy. In addition, the synergy between government organizations, technology companies, and telecom providers nurtures a secure environment, fostering innovation that can rapidly deploy top-tier network solutions that can serve the needs of different sectors. For instance, Ericsson has prepared standalone 5G solutions or the complete realization of the 5G potential, capable of executing features such as massive IoT support, ultra-reliable low-latency communication, and increased network efficiency.

Moreover, Nokia has an extensive product lineup, including core network solutions, advanced software enabling easy connectivity, and advanced radio access networks (RAN). Through the company's SA 5G architecture, which is set up to optimize the performance of the network, lower the delay in data transfer, and improve the capacity, operators will offer services such as industrial IoT applications and higher mobile broadband.

5G Network Infrastructure Market Geographical Outlook:

• The North American region is expected to witness significant growth in the 5G network infrastructure market.

The increasing need for high-speed connectivity is propelling the 5G network infrastructure market in North America. Emerging technologies like virtual and augmented reality (VR/AR), online gaming, and video streaming produce data-intensive applications that call for faster, more dependable networks. High bandwidth and ultra-low latency, which 5G can only offer, are essential for improving user experiences and business and consumer operational efficiency.

The United States 5G network infrastructure market is driven by a growing demand for high-speed connectivity. Video streaming, online gaming, and other emerging technologies like virtual and augmented reality (VR/AR) create data-intensive applications that require faster, more reliable networks. Ultra-low latency and high bandwidth, which 5G can provide uniquely, are necessary for enhancing user experiences and operational efficiency for consumers and businesses alike. 5G FWA services have also made a strong run, with the US nearly at 10 million FWA subscribers at the end of Q2 2024.

Another major driver is the rapid expansion of the IoT. As per GSMA, by 2030, there will be more than 540 million licensed cellular IoT connections in North America, with the US accounting for more than 90% of these. IoT devices, from smart home appliances to industrial automation systems and connected vehicles, rely heavily on robust and scalable network infrastructure. The capability of 5G to support massive device connectivity and enable seamless data transfer is essential for the continued growth and integration of IoT technologies across various sectors.

The push for digital transformation across industries also propels the 5G market forward. Healthcare, manufacturing, transportation, and retail sectors are adopting 5G to power innovations such as telemedicine, autonomous vehicles, and smart factories. These innovations rely on the reliability and speed of 5G networks to facilitate real-time data processing and automation, creating new possibilities for efficiency and productivity.

Moreover, government and private sector investments significantly drive the U.S. 5G network infrastructure market. Federal initiatives, such as spectrum auctions and funding for rural broadband expansion, are aimed at accelerating 5G deployment. For instance, the US National Spectrum Strategy, launched in November 2023, with the lower part of the 3.5 GHz range (3.1–3.45 GHz), was an important step as the US works to increase the amount of mid-band spectrum available for mobile services, which will be crucial in delivering sustainable social and industrial development.

Meanwhile, telecommunications companies and technology firms are heavily investing in building and upgrading network infrastructure to meet the rising demand and remain competitive in the global market. In this regard, in May 2024, Verizon formed a strategic partnership with AST SpaceMobile to achieve 100% coverage in the US on the 850 MHz spectrum. The operator looks to remove dead zones and endow remote regions with satellite-based connectivity.

Moreover, in August 2024, Ericsson and Uscellular announced an infrastructure upgrade, utilizing Ericsson's already existing Router 6000 portfolio along with the newly launched Router 6671, to close the digital divide in rural America by bolstering 5G transport infrastructure and enhancing high-speed internet access. Openvia Mobility, the technological and innovation platform, and company for the mobility of the future within the Globalvia Group, a leading company in the management of transport infrastructure concessions and mobility services, and NTT DATA, a global digital business and IT services leader, prepared the deployment of Private 5G for roads in the United States as of April 2024.

Comprehensively, the U.S. 5G network infrastructure market is driven by growing demand for high-speed connectivity, IoT expansion, and industry-wide digital transformation. For instance, as per GSMA, the penetration of 5G networks in the United States is estimated to reach 94% by 2030. Significant government initiatives and private investments further accelerate its deployment. These factors position 5G to revolutionize connectivity and enable transformative technological advancements.

5G Network Infrastructure Market Key Developments:

• In January 2025, 3M demonstrated its dedication to developing 5G technologies at CES 2025 by presenting cutting-edge solutions meant to improve network dependability and performance. The business underlined its responsibility to tackle issues including signal integrity and electromagnetic interference (EMI), which are essential for a successful rollout of 5G.
• In August 2024, Ericsson and Uscellular announced an infrastructure upgrade, utilizing Ericsson's already existing Router 6000 portfolio along with the newly announced Router 6671, to close the digital divide in rural America by bolstering 5G transport infrastructure and enhancing high-speed internet access.

List of Top 5G Network Infrastructure Companies:

• Fujitsu
• Samsung
• Telefonaktiebolaget LM Ericsson
• Huawei Technologies Co., Ltd.
• Qualcomm Technologies

5G Network Infrastructure Market Scope:

Report Metric	Details
5G Network Infrastructure Market Size in 2025	US$66.328 billion
5G Network Infrastructure Market Size in 2030	US$135.740 billion
Growth Rate	CAGR of 15.40%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Component Band Deployment Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the 5G Network Infrastructure Market	Fujitsu Samsung Telefonaktiebolaget LM Ericsson Huawei Technologies Co., Ltd. Qualcomm Technologies
Customization Scope	Free report customization with purchase

 

The 5G network infrastructure Market is analyzed into the following segments:

• By Component
  • RAN
  • 5G Core
• By Band
  • Sub-6 GHz
  • MmWave
• By Deployment
  • Standalone
  • Non- Standalone
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific Region
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Taiwan
    • Others

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. 5G NETWORK INFRASTRUCTURE MARKET BY COMPONENT

4.1. Introduction

4.2. RAN

4.3. 5G Core

5. 5G NETWORK INFRASTRUCTURE MARKET BY BAND

5.1. Introduction

5.2. Sub-6 GHz

5.3. MmWave

6. 5G NETWORK INFRASTRUCTURE MARKET BY DEPLOYMENT

6.1. Introduction

6.2. Standalone

6.3. Non-Standalone

7. 5G NETWORK INFRASTRUCTURE MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. France

7.4.3. Germany

7.4.4. Spain

7.4.5. Italy

7.4.6. Others 

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Others 

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Fujitsu

9.2. Samsung

9.3. Telefonaktiebolaget LM Ericsson

9.4. Huawei Technologies Co., Ltd.

9.5. Qualcomm Technologies

9.6. Nokia

9.7. NEC

9.8. 3M

9.9. VVDN Technologies

9.10. Keysight Technologies

9.11. Siemens

9.12. Murata Manufacturing Co., Ltd. 

Fujitsu

Samsung

Telefonaktiebolaget LM Ericsson

Huawei Technologies Co., Ltd.

Qualcomm Technologies

Nokia

NEC

3M

VVDN Technologies

Keysight Technologies

Siemens

Murata Manufacturing Co., Ltd.