PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719946
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719946
The 5G infrastructure market size is expected to reach USD 161.61 billion by 2034, according to a new study by Polaris Market Research. The report "5G Infrastructure Market Size, Share, Trends, Industry Analysis Report: By Communication Infrastructure (Small Cell and Macro Cell), Core Network Technology, End Use, and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
5G infrastructure comprises a network of macro and small-cell base stations improved with edge computing capabilities. This setup enables low-latency communication, which is essential for applications such as IoT devices and autonomous vehicles. It includes standalone and non-standalone configurations, utilizing both new and existing 4G LTE technologies for optimal performance.
The 5G infrastructure market is driven by the rising development of smart cities. Smart cities integrate advanced technologies to improve urban living by improving transportation systems, energy efficiency, and public services. For example, real-time traffic management, connected public utilities, and automated waste management depend on the high-speed, low-latency capabilities of 5G. Additionally, governments and private entities are investing heavily in smart city projects to address urban challenges and promote sustainability, thereby driving the 5G infrastructure market demand.
Industries worldwide are adopting automation technologies to improve efficiency, reduce costs, and stay competitive. Applications such as robotic assembly lines, real-time monitoring, and predictive maintenance require highly reliable, low-latency networks to function effectively. 5G enables faster communication between devices, making it ideal for supporting industrial automation. 5G allows businesses to integrate advanced technologies such as artificial intelligence (AI) and machine learning (ML) into their operations by providing unparalleled connectivity and capacity. Therefore, the growth of smart factories and industrial IoT applications is fueling the demand for robust 5G infrastructure, thereby driving the 5G infrastructure market growth.
The small cell segment accounted for the largest revenue share in 2024 due to its high bandwidth in populated areas.
The commercial segment is expected to grow significantly during the forecast period, owing primarily to increased demand for greater data bandwidth across corporate enterprises.
In 2024, North America had the largest 5G infrastructure market revenue share, driven by significant investments from telecom operators and the government.
Asia Pacific is experiencing significant growth in the global market, driven by ongoing efforts to digitize.
The global key market players are Airspan Networks Holdings Inc.; Altiostar; Ceragon Networks Ltd.; Cisco Systems, Inc.; Ericsson; Huawei Technologies Co., Ltd.; Mavenir; Nokia Networks; Samsung Electronics Co., Ltd.; and ZTE Corporation.
Polaris market research has segmented 5G infrastructure market report based on communication technology, core network technology, end use, and region:
By Communication Technology (Revenue - USD Billion, 2020-2034)
By Core Network Technology (Revenue - USD Billion, 2020-2034)
By End Use (Revenue - USD Billion, 2020-2034)