The 5G infrastructure market was valued at USD 1.37 billion in 2020 and is projected to reach USD 42.84 billion by 2030, growing at a CAGR of 54.4% from 2020 to 2030. The increasing demand for high-speed internet connectivity, rising adoption of IoT devices, and the growing need for reliable and low-latency communication networks are some of the major drivers of the 5G infrastructure market. In addition, the increasing number of partnerships and collaborations between telecommunication companies and technology providers are expected to boost the market growth in the coming years.

Region-wise, North America is expected to dominate the 5G infrastructure market during the forecast period, followed by Asia Pacific and Europe. This can be attributed to the high adoption of advanced technologies, such as IoT and cloud computing, in these regions.

Some of the major players in the 5G infrastructure market include Huawei Technologies Co., Ltd., Nokia Corporation, Ericsson, Samsung Electronics Co., Ltd., and Qualcomm Technologies, Inc., among others. These players are focusing on expanding their market presence by investing in R&D activities and entering into partnerships and collaborations with other players in the market.

Market Dynamics

Driving Factors

The global 5G infrastructure market is expected to grow significantly in the coming years, and there are several driving factors contributing to this growth. Here are some of the key factors:

Increasing demand for high-speed internet: With the growing adoption of connected devices and internet-enabled technologies, there is a significant increase in demand for high-speed internet connectivity. 5G technology promises to deliver faster speeds and lower latency than previous generations of wireless technology.

Emergence of new applications and services: The high speeds and low latency of 5G networks enable the development of new applications and services that were not possible with previous generations of wireless technology. These include virtual and augmented reality, remote surgery, autonomous vehicles, and more.

Restraining Factors

There are several driving factors contributing to the growth of the global 5G infrastructure market, there are also some restraining factors that could impede this growth. Here are some of the key restraining factors:

High deployment costs: Deploying 5G infrastructure requires significant investment in new equipment, such as base stations and antennas, as well as in network upgrades and maintenance. These costs can be a significant barrier for some network operators and may slow down the pace of deployment.

Lack of consumer awareness: While 5G technology offers significant benefits in terms of speed and latency, many consumers may not be aware of these benefits or may not be willing to pay a premium for 5G services. This could limit the demand for 5G services and slow down the pace of deployment.

Opportunity Factors

The global 5G infrastructure market presents several opportunities for businesses and organizations across different sectors. Here are some of the key opportunities:

Development of new applications and services: The high speeds and low latency of 5G networks enable the development of new applications and services that were not possible with previous generations of wireless technology. This includes applications in areas such as virtual and augmented reality, remote surgery, and autonomous vehicles, as well as new consumer applications such as mobile gaming and video streaming.

Investment opportunities: The deployment of 5G infrastructure represents significant investment opportunities for businesses across different sectors, particularly in areas such as network equipment, software development, and consulting services.

Challenges Factors

The global 5G infrastructure market also presents several challenges for businesses and organizations across different sectors. Here are some of the key challenges:

High deployment costs: As mentioned earlier, deploying 5G infrastructure requires significant investment in new equipment, network upgrades, and maintenance. The high deployment costs can be a challenge for network operators, particularly those in emerging markets or with limited financial resources.

Regulatory challenges: The deployment of 5G infrastructure may be subject to regulatory challenges, particularly in areas such as spectrum allocation and planning permission for new infrastructure. These regulatory hurdles could slow down the pace of deployment and increase the costs of deployment.

Segmentation Analysis

Component Outlook

Hardware includes equipment such as base stations, antennas, and routers that are necessary for the deployment and operation of 5G networks. 5G networks require specialized software to manage network traffic, allocate resources, and ensure quality of service. This includes software-defined networking (SDN) and network functions virtualization (NFV) technologies.

Chipsets are also a critical component of 5G infrastructure, as they enable the development of 5G-enabled devices such as smartphones and other connected devices. The demand for fibre optic cable is also expected to grow significantly with the deployment of 5G networks, as fibre optic cable provides the necessary backbone for high-speed data transfer.

Spectrum Outlook

Spectrum is a critical component of the global 5G infrastructure market, as it provides the necessary bandwidth for high-speed data transfer and enables the deployment of 5G networks. 

Sub-6 GHz bands frequency bands provide good coverage and capacity for 5G networks and are expected to be the primary bands used for 5G deployment in the short to medium term. Sub-6 GHz bands include the 600 MHz, 700 MHz, 2.6 GHz, and 3.5 GHz bands.

The spectrum outlook is a critical factor in the global 5G infrastructure market, as the availability and allocation of spectrum will have a significant impact on the speed and scope of 5G deployment.

Regional Analysis

North America is expected to be one of the largest markets for 5G infrastructure, driven by the early deployment of 5G networks by major network operators such as Verizon, AT&T, and T-Mobile. The region is also home to several key technology companies involved in 5G development, including Qualcomm and Intel.

The Latin America region is also expected to see significant growth in the 5G infrastructure market, driven by increasing demand for high-speed internet access and the deployment of 5G networks by major network operators in the region.

The Middle East & Africa region is expected to be a key market for 5G infrastructure, with several countries including Saudi Arabia and the UAE launching 5G networks. The region is also home to several major telecom operators and equipment manufacturers.

By Component

• Hardware
• Radio Access Network (RAN)
• Core Network
• Backhaul & Transport

By Services

• Consulting
• Implementation & Integration
• Support & Maintenance
• Training & Education

By Spectrum Outlook

• Sub-6 GHz
• Low Band
• Mid Band
• mmWave

By Network Architecture

• Standalone
• Non-standalone

By Vertical

• Residential
• Enterprise/Corporate
• Smart City
• Industrial
• Energy & Utility
• Transportation & Logistics
• Public Safety and Defense
• Healthcare Facilities
• Retail
• Agriculture
• Others

By Region

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Market Players 

The global 5G Infrastructure Printing market is highly competitive and fragmented, with numerous players vying for market share. Some of the key companies in the market are:

• Huawei Technologies Co., Ltd.
• Samsung Electronics Co., Ltd.
• Nokia Corporation
• Telefonaktiebolaget LM Ericsson
• ZTE Corporation
• NEC Corporation
• Cisco Systems, Inc.
• Fujitsu Limited
• CommScope Inc.
• Comba Telecom Systems Holdings Ltd.
• Altiostar
• Airspan Networks
• Casa Systems
• Hewlett Packard Enterprise Development LP
• Mavenir
• Parallel Wireless
• JMA Wireless
• Ceragon
• Aviat Networks, Inc.

Huawei, Nokia, and Ericsson are currently the top three players in the global 5G infrastructure market, with a combined market share of around 70%. These companies have significant expertise and resources in the development of telecommunications equipment and have been heavily involved in the deployment of 5G networks around the world.

Other major players in the market include Samsung Electronics, ZTE Corporation, and Cisco Systems. These companies are also investing heavily in 5G technology and are expected to be key players in the global 5G infrastructure market in the coming years.

Strategic Developments

There have been several recent developments, mergers, acquisitions, and investments in the global 5G infrastructure market. Here are some of the notable ones:

T-Mobile-Sprint Merger: In 2020, T-Mobile completed its merger with Sprint, creating a combined company with a significant presence in the US 5G infrastructure market.

Ericsson's Acquisition of Cradlepoint: In September 2020, Ericsson announced its acquisition of Cradlepoint, a US-based provider of wireless edge solutions for 5G and other networks.

Nokia's Acquisition of Elenion Technologies: In February 2020, Nokia announced its acquisition of Elenion Technologies, a US-based developer of silicon photonics technology for high-speed data transfer.

Qualcomm's Acquisition of Nuvia: In January 2021, Qualcomm announced its acquisition of Nuvia, a US-based developer of high-performance CPUs for use in 5G infrastructure and other applications.

Verizon's Acquisition of Tracfone: In September 2020, Verizon announced its acquisition of Tracfone, a US-based provider of prepaid wireless services, to expand its presence in the 5G infrastructure market.

Huawei's Investment in 5G Infrastructure: Huawei has been investing heavily in the development and deployment of 5G infrastructure, including the establishment of research centers and partnerships with other companies and governments around the world.

Samsung's Investment in 5G Infrastructure: Samsung has also been investing heavily in the development of 5G infrastructure, including the launch of its 5G network equipment and partnerships with other companies to expand its presence in the market.