Global 5G New Radio Market Size study & Forecast, by Offering by Operating Frequency, by Architecture, by Application, by Industry and Regional Analysis, 2023-2030

Description

List of Tables

Global 5G New Radio Market is valued approximately at USD 32.6 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 29.1% over the forecast period 2023-2030. 5G New Radio (NR) is a standard for wireless communication and is a key component of 5G networks. It is designed to enable faster data rates, lower latency, and support a massive number of connected devices compared to previous generations of wireless technology. 5G NR operates in a wide range of frequency bands, including low-frequency bands (sub-1 GHz), mid-frequency bands (1-6 GHz), and high-frequency bands (above 6 GHz). The use of high-frequency bands, such as millimeter waves, allows for greater bandwidth and faster data rates.. The 5G New Radio Market is being driven by factors such as surge in data traffic and increasing use of advanced radio units such as massive MIMO and beamforming.

The 5G NR offers significantly faster data speeds and greater network capacity to meet these increasing data demands. With the proliferation of smartphones, Internet of Things (IoT) devices, and other connected devices, there has been an exponential increase in data consumption worldwide. People are using more data-intensive applications such as video streaming, online gaming, and virtual reality, which require faster and more reliable network connectivity. 5G NR technology is designed to meet these growing demands by providing ultra-fast download and upload speeds, reducing latency for real-time applications, and supporting a massive number of simultaneous connections. According to IDC, the amount of data produced was estimated to reach 35 zettabytes by 2020, but it reached that level in 2018, and in 2020, approximately 59 zettabytes of data were created. IDC predicts that by 2025, newly created data will reach 175 zettabytes, representing a 146-fold increase between 2010 and 2025. This exponential growth in data creation has led to the data processing and storage market's valuation estimated to grow from USD 56 billion in 2020 to USD 90 billion by 2025. Thus, increasing data traffic and data consumption is fueling the growth of the market. In addition to global connectivity & cross-industry collaboration and government initiatives of deployment & adoption of 5G new radio create lucrative opportunities for the market. However, the high cost of 5G infrastructure and regulatory and environmental concerns hinders market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G New Radio Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the presence of prominent manufacturers such as Huawei Technologies Co., Ltd. and Samsung. These manufacturers, known for their expertise in telecommunications and mobile technologies, contribute to the growth and development of 5G networks in the region. Additionally, there is a notable increase in investment aimed at establishing automated factories in the region. Asia Pacific is expected to be the fastest growing region during the forecasted period due to strong focus on technological advancements and industrial automation.

Major market player included in this report are:

Huawei Technologies Co., Ltd.
Qualcomm Technologies, Inc
Telefonaktiebolaget LM Ericsson
Samsung Electronics Co., Ltd
Intel Corporation
Cisco Systems Inc.
Fujitsu Limited
NEC Corporation
Verizon Communications Inc.
Keysight Technologies

Recent Developments in the Market:

In November 2023, Ericsson introduced the Ercisson Reduced Capability (RedCap) Radio Access Network (RNA) solution, which aims to unlock new 5G use cases for devices like smartwatches, wearables, and industrial sensors. This innovative solution simplifies network complexities and extends battery life, enabling efficient and optimized connectivity for these devices. With the RedCap RNA solution, Ericsson addresses the specific requirements of these low-power and resource-constrained devices, opening up possibilities for enhanced connectivity and extended battery performance in various industries and applications.

Global 5G New Radio Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Offering, Operating Frequency , Architecture, Application, Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

Hardware
Software
Service

By Operating Frequency:

Sub-6 GHz
mmWave

By Architecture:

Non-Standalone (NSA)
Standalone (SA)

By Application:

Enhanced Mobile Broadband (eMBB)
Ultra-reliable Low-Latency Communications (URLLC)
Massive Machine-type Communications (mMTC).

By Industry:

Telecom & IT
Manufacturing
Automotive
Healthcare
Retail
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. 5G New Radio Market, by region, 2020-2030 (USD Billion)
- 1.2.2. 5G New Radio Market, by Offering, 2020-2030 (USD Billion)
- 1.2.3. 5G New Radio Market, by Operating Frequency, 2020-2030 (USD Billion)
- 1.2.4. 5G New Radio Market, by Architecture, 2020-2030 (USD Billion)
- 1.2.5. 5G New Radio Market, by Application, 2020-2030 (USD Billion)
- 1.2.6. 5G New Radio Market, by Industry, 2020-2030 (USD Billion)
- 1.2.7.
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global 5G New Radio Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global 5G New Radio Market Dynamics

3.1. 5G New Radio Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing data traffic
  - 3.1.1.2. Increasing use of advanced radio units such as massive MIMO and beamforming
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of 5G infrastructure
  - 3.1.2.2. Regulatory and Environmental Concerns
- 3.1.3. Market Opportunities
  - 3.1.3.1. Government Initiatives of deployment and adoption of 5G NR
  - 3.1.3.2. Global Connectivity and Cross-Industry Collaboration

Chapter 4. Global 5G New Radio Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global 5G New Radio Market, by Offering

5.1. Market Snapshot
5.2. Global 5G New Radio Market by Offering, Performance - Potential Analysis
5.3. Global 5G New Radio Market Estimates & Forecasts by Offering 2020-2030 (USD Billion)
5.4. 5G New Radio Market , Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Service

Chapter 6. Global 5G New Radio Market, by Operating Frequency

6.1. Market Snapshot
6.2. Global 5G New Radio Market by Operating Frequency , Performance - Potential Analysis
6.3. Global 5G New Radio Market Estimates & Forecasts by Operating Frequency 2020-2030 (USD Billion)
6.4. 5G New Radio Market , Sub Segment Analysis
- 6.4.1. Sub-6 GHz
- 6.4.2. mmWave

Chapter 7. Global 5G New Radio Market, by Architecture

7.1. Market Snapshot
7.2. Global 5G New Radio Market by Architecture, Performance - Potential Analysis
7.3. Global 5G New Radio Market Estimates & Forecasts by Architecture 2020-2030 (USD Billion)
7.4. 5G New Radio Market , Sub Segment Analysis
- 7.4.1. Human Non-Standalone (NSA)
- 7.4.2. Standalone (SA)

Chapter 8. Global 5G New Radio Market, by Application

8.1. Market Snapshot
8.2. Global 5G New Radio Market by Application, Performance - Potential Analysis
8.3. Global 5G New Radio Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. 5G New Radio Market , Sub Segment Analysis
- 8.4.1. Enhanced Mobile Broadband (eMBB)
- 8.4.2. Ultra-reliable Low-Latency Communications (URLLC)
- 8.4.3. Massive Machine-type Communications (mMTC).

Chapter 9. Global 5G New Radio Market, by Industry

9.1. Market Snapshot
9.2. Global 5G New Radio Market by Industry, Performance - Potential Analysis
9.3. Global 5G New Radio Market Estimates & Forecasts by Industry 2020-2030 (USD Billion)
9.4. 5G New Radio Market , Sub Segment Analysis
- 9.4.1. Telecom & IT
- 9.4.2. Manufacturing
- 9.4.3. Automotive
- 9.4.4. Healthcare
- 9.4.5. Retail
- 9.4.6. Others

Chapter 10. Global 5G New Radio Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. 5G New Radio Market , Regional Market Snapshot
10.4. North America 5G New Radio Market
- 10.4.1. U.S. 5G New Radio Market
  - 10.4.1.1. Offering breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Operating Frequency breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Architecture breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. Application breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. Industry breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada 5G New Radio Market
10.5. Europe 5G New Radio Market Snapshot
- 10.5.1. U.K. 5G New Radio Market
- 10.5.2. Germany 5G New Radio Market
- 10.5.3. France 5G New Radio Market
- 10.5.4. Spain 5G New Radio Market
- 10.5.5. Italy 5G New Radio Market
- 10.5.6. Rest of Europe 5G New Radio Market
10.6. Asia-Pacific 5G New Radio Market Snapshot
- 10.6.1. China 5G New Radio Market
- 10.6.2. India 5G New Radio Market
- 10.6.3. Japan 5G New Radio Market
- 10.6.4. Australia 5G New Radio Market
- 10.6.5. South Korea 5G New Radio Market
- 10.6.6. Rest of Asia Pacific 5G New Radio Market
10.7. Latin America 5G New Radio Market Snapshot
- 10.7.1. Brazil 5G New Radio Market
- 10.7.2. Mexico 5G New Radio Market
10.8. Middle East & Africa 5G New Radio Market
- 10.8.1. Saudi Arabia 5G New Radio Market
- 10.8.2. South Africa 5G New Radio Market
- 10.8.3. Rest of Middle East & Africa 5G New Radio Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Huawei Technologies Co., Ltd.
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. Qualcomm Technologies, Inc
- 11.3.3. Telefonaktiebolaget LM Ericsson
- 11.3.4. Samsung Electronics Co., Ltd
- 11.3.5. Intel Corporation
- 11.3.6. Cisco Systems Inc.
- 11.3.7. Fujitsu Limited
- 11.3.8. NEC Corporation
- 11.3.9. Verizon Communications Inc.
- 11.3.10. Keysight Technologies

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global 5G New Radio Market , report scope
TABLE 2. Global 5G New Radio Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global 5G New Radio Market estimates & forecasts by Offering 2020-2030 (USD Billion)
TABLE 4. Global 5G New Radio Market estimates & forecasts by Operating Frequency 2020-2030 (USD Billion)
TABLE 5. Global 5G New Radio Market estimates & forecasts by Architecture 2020-2030 (USD Billion)
TABLE 6. Global 5G New Radio Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 7. Global 5G New Radio Market estimates & forecasts by Industry 2020-2030 (USD Billion)
TABLE 8. Global 5G New Radio Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global 5G New Radio Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global 5G New Radio Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global 5G New Radio Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global 5G New Radio Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global 5G New Radio Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global 5G New Radio Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global 5G New Radio Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global 5G New Radio Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global 5G New Radio Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. U.S. 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. Canada 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Canada 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. UK 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. UK 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. Germany 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Germany 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. France 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. France 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Italy 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Italy 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. Spain 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. Spain 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. RoE 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. RoE 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. China 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. China 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. India 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. India 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. Japan 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Japan 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. South Korea 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. South Korea 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. Australia 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Australia 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. RoAPAC 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. RoAPAC 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Brazil 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Brazil 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. Mexico 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Mexico 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. RoLA 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoLA 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. Saudi Arabia 5G New Radio Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 70. South Africa 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. RoMEA 5G New Radio Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global 5G New Radio Market
TABLE 73. List of primary sources, used in the study of global 5G New Radio Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global 5G New Radio Market , research methodology
FIG 2. Global 5G New Radio Market , Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global 5G New Radio Market , key trends 2022
FIG 5. Global 5G New Radio Market , growth prospects 2023-2030
FIG 6. Global 5G New Radio Market , porters 5 force model
FIG 7. Global 5G New Radio Market , pest analysis
FIG 8. Global 5G New Radio Market , value chain analysis
FIG 9. Global 5G New Radio Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global 5G New Radio Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global 5G New Radio Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global 5G New Radio Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global 5G New Radio Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global 5G New Radio Market , regional snapshot 2020 & 2030
FIG 15. North America 5G New Radio Market 2020 & 2030 (USD Billion)
FIG 16. Europe 5G New Radio Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific 5G New Radio Market 2020 & 2030 (USD Billion)
FIG 18. Latin America 5G New Radio Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa 5G New Radio Market 2020 & 2030 (USD Billion)