5G Infrastructure Market - Growth, Trends and Forecast (2019 - 2024)

The 5G Infrastructure Market is Segmented by Communication Infrastructure (5G RAN, 5G Core, Small Cell, Macro Cell, Network Functions Virtualization Infrastructure (NFVI)), End-user Industry (Automotive, Industrial, Consumer Electronics, Healthcare, Energy and Utilities, Public Infrastructure), and Geography.

Market Snapshot

Study Period:


Base Year:


Fastest Growing Market:


Largest Market:

North America



Key Players:

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Market Overview

The 5G infrastructure market is poised to witness a CAGR of 42.84% during the forecast period (2019-2024). 5G is expected to drive virtualization in 2019. The number of carriers committing to deploying virtualized network infrastructure to support 5G applications service will increase. Since expectations for 5G are high, the next-generation mobile standard will underpin mission-critical processes and innovations, including telemedicine, remote surgery, and even driverless cars. 

  • Demand for mobile data services is increasing due to the several subscriptions availed by the users. After the commercialization of 5G network connectivity, high demand for 5G-enabled smartphones with high-speed internet connectivity is expected, which is expected to be a key driver for the market.
  • Growth of machine-to-machine communication in industries is due to the involvement of a group of devices in applications, like smart homes, smart cities, etc. Therefore, it makes sense to optimize mobile network communications at a faster speed, which can be a key driver in the growth of the market.
  • However, due to high initial capital expenditure to support huge numbers of small cells network, and network architecture models, the market may face challenge in developing the 5G infrastructure.

Scope of the Report

5G infrastructure is a mobile ultra-broadband network supporting the future internet. Increasing consumer mobile bandwidth demand and connectivity for IoT and sensor devices for smart city applications, along with emerging applications like Augmented Reality (AR) and self-driving cars, support the development of 5G infrastructure. Small cells are the key to the functionality of 5G networks, as they provide the increased data capacity that 5G demands.

By Communication Infrastructure
5G Core
Small Cell
Macro Cell
Network Functions Virtualization Infrastructure (NFVI)
By End-user Industry
Consumer Electronics
Energy and Utilities
Public Infrastructure
Other End-user Industries
North America
Rest of the World

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Key Market Trends

5G RAN to Witness Significant Growth With MBH Traffic Growth

  • MBH upgrades are happening all over the world converting legacy copper-based MBH serving cell sites to packet-based transport over fiber, which enables far higher capacities to best future-proof MBH networks. Mobile Backhaul (MBH) is the process of connecting cell site air interfaces to wireline networks, which are subsequently connected to data centers that host the content and applications accessed by mobile users, both human and machine.

    As MBH traffic grows, the increased adoption of 4G LTE and LTE-Advanced mobile network technology accelerates these MBH fiber upgrades, which can and will be leveraged by future 5G networks, given the almost unlimited bandwidth that fiber-based networks offer.

    As an increasing number of mobile users access more video-centric content, for longer periods of time, using increasingly powerful smartphones, demand for radio access network (RAN) bandwidth will continue to grow in future.

    Last year, Ericsson announced the launch of 5G Radio Access Network (RAN) commercial software based on the 5G New Radio (NR) standard that the 3GPP approved, enabling operators to have an advantage in the launch of 5G services.

    As part of the virtualization process, operators should start down the path to a cloud RAN architecture by at least centralizing some parts of the 4G network. Cloud RAN is a 5G-oriented wireless access network architecture using both network virtualization and network cloud technologies. Cloud RAN supports 5G CU (Centralized Unit) and DU (Distributed Unit) with flexible deployment models, which will help in the network infrastructure of 5G. This is most evident with virtualized and cloud RAN, which will help in the deployment of the high 5G infrastructure network.



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Europe is Expected to Register a Significant Growth Rate

  • Europe is expected to account for a significant portion of the global demand in the 5G infrastructure market, due to the presence of large software providers and carriers' investment to launch technology in this region.
  • The joint venture of the European Commission and European ICT industry to provide 5G infrastructure public-private partnership (5G PPP) will deliver solutions, architectures, technologies, and standards for the coming generation. The aim is to save up to 90% of energy per service provided and also the focus will be on mobile communication networks where the dominating energy consumption comes from the radio access network.
  • Germany and the United Kingdom are actively involved in testing 5G technology. For instance, Vodafone is trialing 5G at the MediaCity UK tech hub in Salford and is rolling out tests in other areas, such as Birmingham, Glasgow, Liverpool, Bristol, Cardiff, London, and Manchester. Other prominent vendors, like Telia, EE, are also actively testing the technology in the region, which make them potential buyers of the market.

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Competitive Landscape

The 5G Infrastructure market is fragmented and is based on new product launches and proven results of the latest products. Hence, the leading industry pioneers have made use of different approaches, including high investments on R&D, new product launches, market initiatives, agreements, joint ventures, mergers and acquisitions, partnerships, collaborations, and other strategies to expand their presence in this market. Key players in the market are Oracle Corporation, Cisco Systems Inc., Intel Corporation, etc. Recent developments in the market are -

  • May 2019: Nokia and FAW Group plan to use 5G to accelerate the digital transformation of the Chinese automotive sector. Nokia will deploy a 5G trial network on FAW's Changchun campus to support R&D in autonomous driving and connected car applications. Nokia will also cooperate with FAW to develop solutions critical to its digital transformation such as data centers, cloud, big data, and 5G network slicing solutions. ​​​​
  • March 2019: Tech Mahindra is building 5G use cases with US-based hospitals to help manage devices remotely and eventually manage remote surgeries that will require seamless network connectivity, which will help to do efficient control in the hospitals.

Major Players

  1. Oracle Corporation
  2. Cisco Systems Inc.
  3. Intel Corporation
  4. NEC Corporation
  5. Nokia Corporation

* Complete list of players covered available in the table of contents below


Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

      1. 4.3.1 Increasing Demand for Mobile Data Services

      2. 4.3.2 Growth of Machine-to-Machine Communication due to Involvement of Various Devices

    4. 4.4 Market Restraints

      1. 4.4.1 High Initial Capital Expenditure due to Deployment of Network Architecture Model

    5. 4.5 Value Chain Analysis

    6. 4.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry


    1. 5.1 By Communication Infrastructure

      1. 5.1.1 5G RAN

      2. 5.1.2 5G Core

      3. 5.1.3 Small Cell

      4. 5.1.4 Macro Cell

      5. 5.1.5 Network Functions Virtualization Infrastructure (NFVI)

    2. 5.2 By End-user Industry

      1. 5.2.1 Automotive

      2. 5.2.2 Industrial

      3. 5.2.3 Consumer Electronics

      4. 5.2.4 Healthcare

      5. 5.2.5 Energy and Utilities

      6. 5.2.6 Public Infrastructure

      7. 5.2.7 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 North America

      2. 5.3.2 Europe

      3. 5.3.3 Asia-Pacific

      4. 5.3.4 Rest of the World


    1. 6.1 Company Profiles

      1. 6.1.1 Marvell Technology Group Ltd. (Cavium, Inc.)

      2. 6.1.2 Cisco Systems Inc.

      3. 6.1.3 Hewlett Packard Enterprise Development LP

      4. 6.1.4 Intel Corporation

      5. 6.1.5 Mavenir Systems

      6. 6.1.6 MediaTek Inc.

      7. 6.1.7 NEC Corporation

      8. 6.1.8 Nokia Corporation

      9. 6.1.9 Oracle Corporation

      10. 6.1.10 Qualcomm Incorporated

      11. 6.1.11 Ericsson

      12. 6.1.12 ZTE Corporation

    2. *List Not Exhaustive


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