5G Techonology Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global 5G Techonology Market Size and Landscape analyses the detailed coverage of 5G Adoption (Macro cell-site, Small cell-site), 5G Connections (Mobile Broadband, Fixed Wireless Access, M2M&IoT, Mission Critical), 5G Devices (by form factor (smartphone, CPE (indoor, outdoor), modules, hotspot, laptops, industrial grade), by spectrum support(sub-6 GHz, mmwave)), 5g Chipset (by IC type (RFIC, ASIC, mmWave IC, cellular IC), by Deployment (device, CPE, network infrastructure) and by region. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments

5G Techonology Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

5G Market Size

Global 5G Market Landscape Summary
Study Period 2019 - 2030
Market Size (2025) USD 32.74 Billion
Market Size (2030) USD 71.17 Billion
CAGR (2025 - 2030) 16.80 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration High

Major Players

Global 5G Market Landscape Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global 5G Market Landscape with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

5G Market Analysis

The Global 5G Market size is estimated at USD 32.74 billion in 2025, and is expected to reach USD 71.17 billion by 2030, at a CAGR of 16.8% during the forecast period (2025-2030).

With seamless coverage, high data rates, low latency, much better performance, and efficient communications, the 5G network-the next generation of mobile networking standards-is ready to provide an improved end-user experience.

The sphere of smartphones will be one of many things that will be impacted by 5G connectivity. Infrastructural advancements in the Internet of Things (IoT) and Machine-to-Machine (M2M) have, for example, long been constrained by the slow download speeds and latency of 4G. The cumulative effect of any latency will be more significant and observable as more devices are connected to a network and communicating with one another. For instance, augmented reality will eventually enable wearable technology to seamlessly integrate with people's daily lives due to increased speed and bandwidth. Instantaneous communication amongst autonomous vehicles will be quite advantageous for them as well.

Additionally, 5G will dramatically improve smart city services for public security and safety. In instances like a car accident or terrorist attack, real-time analytics of video recordings from public spaces combined with biometric software will be able to identify unsafe circumstances and automatically warn authorities instantly. Contrary to current CCTV systems, 5G-enabled equipment will be able to get updates wirelessly, and data management platforms will link different services. Additionally, 5G connected equipment will be extended to mobile form factors like drones and robots and be able to be installed everywhere there is mobile network coverage, doing away with the requirement for fixed wire.

Furthermore, national governments aiding the expansion of smart city projects is also a key trend in the market. With the support of the Ministry of Housing and Urban Affairs in India, the nation aims to develop 4,000 cities to house a population of 5,00,000 each by 2023. Moreover, in England, Sunderland City Council awarded a 20-year strategic partnership to BAI Communications to design, build and operate next-generation digital infrastructure, including a private 5G small cell network, in October 2021. The New 5G network will realize Sunderland City Council's ambition to be a fully digitally enabled smart city.

Indeed, more than ever, consumers and professionals depend on reliable, fast internet performance after the COVID-19 pandemic, which has increased demand for connectivity. For instance, pandemic restrictions prompted the closure of numerous enterprises and industrial facilities, causing manufacturing processes and supply chains to be disrupted. Remotely controlled devices with 5G communication suddenly became essential. They made it possible for human drivers to operate cranes, drones, and other industrial machinery more quickly, accurately, and from a distance. This is just one of the many ways that 5G could be important for assisting businesses to continue operating and be resilient in the face of any future disruption.

On the flip side, a 5G connection is expected to add multiple layers of complexity to the spectrum due to the all-inclusive nature of services. Limited spectrum availability is a big challenge in the development of 5G. The bandwidth requirements of 5G mean a higher frequency spectrum would be fundamental in delivering high-speed, high-quality connectivity. The 5G standard, which uses millimeter waves, is a lot shorter than the wavelengths 4G uses. The shorter wavelength means a 5G connection can carry much data faster than 4G, but it also means a significantly shorter range. 4G wavelengths have a range of almost 10 miles. 5G wavelengths range about 1,000 feet, not even 2% of 4G's coverage. So, to ensure a robust 5G signal, there is a requirement for many 5G cell towers and antennas everywhere, increasing the setup cost.

5G Industry Overview

The 5G market Landspace is highly consolidated. All the companies involved in the production continue to enhance their product offerings frequently, leveraging their high R&D capabilities and investments, leaving the current market scenario highly competitive and mostly market incumbents.

In August 2022, Chinese chip manufacturer UNISOC released its second-generation 5G chip in the second half of 2022 or the first part of 2023. Extreme ultraviolet (EUV) technology, a crucial process for advanced chip manufacturing, was reportedly used by UNISOC to start mass-producing 6nm 5G devices. UNISOC already has three distinct types of 5G chips on the market.

In May 2022, MediaTek introduced Dimensity 1050 system-on-chip [SoC], the company's first mmWave 5G chipset, which offers seamless connection, displays, gaming, and power efficiency. Dimensity 930 and Helio G99 are two other chipsets that were also introduced as part of the company's expansion of its 5G and gaming chipset families. The Dimensity 1050 is constructed using an octa-core CPU and the TSMC 6nm fabrication process, combining mmWave 5G and sub-6GHz to aid network spectrum migration.

5G Market Leaders

  1. Qualcomm Technologies Inc.

  2. Samsung Group

  3. Huawei Technologies Co. Ltd

  4. ZTE Corporation

  5. MediaTek Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Global 5G Market Landscape Concentration
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5G Market News

  • October 2022: Fibocom, a Chinese manufacturer of communication devices, introduced the FX170(W) Series, a new generation of 5G Sub-6GHz and mmWave Modules. It is powered by the Snapdragon X65 5G Modem-RF System and provides a wireless communication experience similar to fiber with enhanced network coverage, faster throughput, and more functionality. The Fibocom FX170(W) modules come in four different configurations that independently use the land grid array (LGA) and M.2 form factors and adhere to the 3GPP R16 standard.
  • September 2022: With the 5G roll-out launch in India, Quectel Wireless Solutions announced that its technologies and services were prepared to introduce 5G devices to the Indian market. The RM510Q-GL, RM50xQ, and RG50xQ are three 5G modules from Quectel that are available to service the Indian market. They are all based on Qualcomm chipsets. These modules allow standalone and non-standalone 5G, providing 3G and 4G fallback with optional integrated SIM (iSIM) capabilities.

5G Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 5G Timeline Overview
  • 4.3 Current Adoption Cycle -Forerunners, Adopters & Laggards
  • 4.4 Market Drivers (Sustained increase in number of devices & endpoints worldwide| Technological innovations at a component & device level to aid adoption| Key benefits offered by 5G over its predecessors| Growing adoption of virtual networking architecture)
  • 4.5 Market Challenges (Standardization delays| Design & Operational Challenges )
  • 4.6 Market Opportunities (Anticipated rise in demand from industrial sector| Ongoing efforts towards introduction of 5G in emerging countries)
  • 4.7 5G and Beyond -The Path Ahead
  • 4.8 Impact of COVID-19 on the 5G Landscape
  • 4.9 Key Industry Regulations & Policies

5. TECHNOLOGY SNAPSHOT

6. 5G ADOPTION MARKET LANDSCAPE

  • 6.1 Number of Operators Worldwide-Breakdown by Trials & Commercial Launches (Q2'18- Q1 '20)
  • 6.2 Country-level coverage on 5G Adoption - Investment & Commercialization Trends
  • 6.3 Total Cell-site Backhaul, Macro & Small Cell-site Backhaul Usage - In Percentage (Microwave, Satellite, Sub-6 GHz)
    • 6.3.1 Macro-Cell Site
    • 6.3.2 Small-Cell Site
    • 6.3.3 Market Outlook

7. 5G CONNECTION MARKET LANDSCAPE

  • 7.1 Number of 5G Connections, In Millions
  • 7.2 Number of 5G Connections, by Type
    • 7.2.1 Mobile Broadband
    • 7.2.2 Fixed Wireless Access
    • 7.2.3 M2M & IoT
    • 7.2.4 Mission-Critical
  • 7.3 5G Coverage, % of Geography
  • 7.4 Adoption of 5G vs 4G, Percentage of Connections
  • 7.5 Market share of 2G, 3G, 4G, 5G-Percentage Share
  • 7.6 Number of 5G Connections by US, Japan, Europe, China, CIS, LATAM MENA, SSA (2027)
  • 7.7 Number of 5G Devices (March 2019 - April 2020)

8. MARKET SEGMENTATION (5G DEVICES MARKET LANDSCAPE)

  • 8.1 Number of 5G Devices, by Form Factor
    • 8.1.1 Smartphone
    • 8.1.2 CPE (Indoor/Outdoor)
    • 8.1.3 Modules
    • 8.1.4 Hotspots
    • 8.1.5 Laptops
    • 8.1.6 Industrial Grade CPE/Router/Gateway
    • 8.1.7 Other Form Factors(Drones, HMDs, Tablets, TV, Dongles, etc.)
  • 8.2 Number of 5G Devices, by Spectrum support
    • 8.2.1 Sub-6 GHz
    • 8.2.2 mmWave
    • 8.2.3 Both Spectrum Bands
  • 8.3 List of Major Vendors

9. 5G SMARTPHONE MARKET LANDSCAPE

  • 9.1 Smartphone Shipments - in Million Units
  • 9.2 Brand Market Share, In Percentage, 2022
    • 9.2.1 Samsung
    • 9.2.2 Huawei
    • 9.2.3 Vivo
    • 9.2.4 Xiaomi
    • 9.2.5 LG
    • 9.2.6 OPPO

10. 5G CHIPSET MARKET LANDSCAPE

  • 10.1 5G Chipset Market Size & Forecasts
  • 10.2 5G Chipset Market Segmentation, By IC Type
    • 10.2.1 RFIC
    • 10.2.2 ASIC
    • 10.2.3 mmWave IC
    • 10.2.4 Cellular IC
  • 10.3 5G Chipset Market Segmentation, By Deployment
    • 10.3.1 Device
    • 10.3.2 CPE
    • 10.3.3 Network Infrastructure
    • 10.3.4 Others
  • 10.4 Vendor Landscape Analysis - List of Commercially Available 5G Chipsets, by Model, Type, Vendor, DL UL Speed, Sub-6 GHz,mmWave& LTE Compatibility
  • 10.5 Key Vendor coverage to include Qualcomm, Samsung, Mediatek, HiSilicon

11. 5G CONSOLIDATED REVENUE CONTRIBUTION

  • 11.1 5G Mobile Revenue Forecast, In USD Trillion
  • 11.2 5G Mobile Revenue Forecast, by Region, In USD Billion
    • 11.2.1 Europe
    • 11.2.2 China
    • 11.2.3 Japan
    • 11.2.4 United States
    • 11.2.5 South Korea
  • 11.3 5G Contribution to Economy, In USD Trillion (2024 - 2030)
  • 11.4 5G contribution to global workforce
  • 11.5 Major spenders on 5G across key industry verticals
  • 11.6 Analysis of key industry verticals based on their investment on Mobile Broadband, M-IoT and Mission Critical Services

12. INVESTMENT ANALYSIS

13. 5G MARKET OUTLOOK

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5G Industry Segmentation

The Global 5G Market Landscape analyzes the overall market landscape of the 5G industry, with detailed coverage on 5G Adoption (Macro cell-Site, Small cell site), 5G Connections (Mobile Broadband, Fixed Wireless Access, M2M&IoT, Mission Critical), 5G Devices (by form factor(smartphone, CPE(indoor, outdoor), modules, hotspot, laptops, industrial grade ), by spectrum support (sub-6 GHz, mmwave), 5G Chipset (by IC type (RFIC, ASIC, mmWave IC, cellular IC), by Deployment (device, CPE, network infrastructure) and by region.

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Number of 5G Devices, by Form Factor Smartphone
CPE (Indoor/Outdoor)
Modules
Hotspots
Laptops
Industrial Grade CPE/Router/Gateway
Other Form Factors(Drones, HMDs, Tablets, TV, Dongles, etc.)
Number of 5G Devices, by Spectrum support Sub-6 GHz
mmWave
Both Spectrum Bands
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5G Market Research FAQs

How big is the Global 5G Market?

The Global 5G Market size is expected to reach USD 32.74 billion in 2025 and grow at a CAGR of 16.80% to reach USD 71.17 billion by 2030.

What is the current Global 5G Market size?

In 2025, the Global 5G Market size is expected to reach USD 32.74 billion.

Who are the key players in Global 5G Market?

Qualcomm Technologies Inc., Samsung Group, Huawei Technologies Co. Ltd, ZTE Corporation and MediaTek Inc. are the major companies operating in the Global 5G Market.

Which is the fastest growing region in Global 5G Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global 5G Market?

In 2025, the North America accounts for the largest market share in Global 5G Market.

What years does this Global 5G Market cover, and what was the market size in 2024?

In 2024, the Global 5G Market size was estimated at USD 27.24 billion. The report covers the Global 5G Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global 5G Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

5G Industry Report

Statistics for the 2025 Global 5G Landscape market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global 5G Landscape analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.