Global 5G Technology Market Research Report 2023

5G technology is the fifth-generation wireless technology, which is in its developmental stage, and is expected to be commercialized in the coming two to three years. The technologys operational speed is expected to be several times faster than the existing wireless technologies (1G, 2G, 3G, and 4G) and significantly penetrate the 2G and 3G wireless markets. High speed, faster download speed, low cost, and expansion in the Internet of Things (IOT) market drive the 5G technology market.

The global 5G Technology market was valued at US$ 36250 million in 2022 and is anticipated to reach US$ 84290 million by 2029, witnessing a CAGR of 15.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The countries that are expected to be the early adopters of 5G technology are the U.S., Japan, South Korea, and China.

This report aims to provide a comprehensive presentation of the global market for 5G Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Technology.

The 5G Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global 5G Technology market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the 5G Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global 5G Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 SDN

1.2.3 NFV

1.2.4 MEC

1.3 Market by Application

1.3.1 Global 5G Technology Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Smart Home

1.3.3 Autonomous Driving

1.3.4 Smart Cities

1.3.5 Industrial IoT

1.3.6 Smart Farming

1.3.7 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global 5G Technology Market Perspective (2018-2029)

2.2 5G Technology Growth Trends by Region

2.2.1 Global 5G Technology Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 5G Technology Historic Market Size by Region (2018-2023)

2.2.3 5G Technology Forecasted Market Size by Region (2024-2029)

2.3 5G Technology Market Dynamics

2.3.1 5G Technology Industry Trends

2.3.2 5G Technology Market Drivers

2.3.3 5G Technology Market Challenges

2.3.4 5G Technology Market Restraints

3.1 Global Top 5G Technology Players by Revenue

3.1.1 Global Top 5G Technology Players by Revenue (2018-2023)

3.1.2 Global 5G Technology Revenue Market Share by Players (2018-2023)

3.2 Global 5G Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by 5G Technology Revenue

3.4 Global 5G Technology Market Concentration Ratio

3.4.1 Global 5G Technology Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by 5G Technology Revenue in 2022

3.5 5G Technology Key Players Head office and Area Served

3.6 Key Players 5G Technology Product Solution and Service

3.7 Date of Enter into 5G Technology Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global 5G Technology Historic Market Size by Type (2018-2023)

4.2 Global 5G Technology Forecasted Market Size by Type (2024-2029)

5.1 Global 5G Technology Historic Market Size by Application (2018-2023)

5.2 Global 5G Technology Forecasted Market Size by Application (2024-2029)

6.1 North America 5G Technology Market Size (2018-2029)

6.2 North America 5G Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America 5G Technology Market Size by Country (2018-2023)

6.4 North America 5G Technology Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe 5G Technology Market Size (2018-2029)

7.2 Europe 5G Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe 5G Technology Market Size by Country (2018-2023)

7.4 Europe 5G Technology Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific 5G Technology Market Size (2018-2029)

8.2 Asia-Pacific 5G Technology Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific 5G Technology Market Size by Region (2018-2023)

8.4 Asia-Pacific 5G Technology Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America 5G Technology Market Size (2018-2029)

9.2 Latin America 5G Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America 5G Technology Market Size by Country (2018-2023)

9.4 Latin America 5G Technology Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa 5G Technology Market Size (2018-2029)

10.2 Middle East & Africa 5G Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa 5G Technology Market Size by Country (2018-2023)

10.4 Middle East & Africa 5G Technology Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Qualcomm(US)

11.1.1 Qualcomm(US) Company Detail

11.1.2 Qualcomm(US) Business Overview

11.1.3 Qualcomm(US) 5G Technology Introduction

11.1.4 Qualcomm(US) Revenue in 5G Technology Business (2018-2023)

11.1.5 Qualcomm(US) Recent Development

11.2 Intel(US)

11.2.1 Intel(US) Company Detail

11.2.2 Intel(US) Business Overview

11.2.3 Intel(US) 5G Technology Introduction

11.2.4 Intel(US) Revenue in 5G Technology Business (2018-2023)

11.2.5 Intel(US) Recent Development

11.3 Ericsson(SE)

11.3.1 Ericsson(SE) Company Detail

11.3.2 Ericsson(SE) Business Overview

11.3.3 Ericsson(SE) 5G Technology Introduction

11.3.4 Ericsson(SE) Revenue in 5G Technology Business (2018-2023)

11.3.5 Ericsson(SE) Recent Development

11.4 Samsung(KR)

11.4.1 Samsung(KR) Company Detail

11.4.2 Samsung(KR) Business Overview

11.4.3 Samsung(KR) 5G Technology Introduction

11.4.4 Samsung(KR) Revenue in 5G Technology Business (2018-2023)

11.4.5 Samsung(KR) Recent Development

11.5 NEC(JP)

11.5.1 NEC(JP) Company Detail

11.5.2 NEC(JP) Business Overview

11.5.3 NEC(JP) 5G Technology Introduction

11.5.4 NEC(JP) Revenue in 5G Technology Business (2018-2023)

11.5.5 NEC(JP) Recent Development

11.6 Mediatek(TW)

11.6.1 Mediatek(TW) Company Detail

11.6.2 Mediatek(TW) Business Overview

11.6.3 Mediatek(TW) 5G Technology Introduction

11.6.4 Mediatek(TW) Revenue in 5G Technology Business (2018-2023)

11.6.5 Mediatek(TW) Recent Development

11.7 Cisco(US)

11.7.1 Cisco(US) Company Detail

11.7.2 Cisco(US) Business Overview

11.7.3 Cisco(US) 5G Technology Introduction

11.7.4 Cisco(US) Revenue in 5G Technology Business (2018-2023)

11.7.5 Cisco(US) Recent Development

11.8 Marvell(US)

11.8.1 Marvell(US) Company Detail

11.8.2 Marvell(US) Business Overview

11.8.3 Marvell(US) 5G Technology Introduction

11.8.4 Marvell(US) Revenue in 5G Technology Business (2018-2023)

11.8.5 Marvell(US) Recent Development

11.9 Qorvo(US)

11.9.1 Qorvo(US) Company Detail

11.9.2 Qorvo(US) Business Overview

11.9.3 Qorvo(US) 5G Technology Introduction

11.9.4 Qorvo(US) Revenue in 5G Technology Business (2018-2023)

11.9.5 Qorvo(US) Recent Development

11.10 Huawei(CN)

11.10.1 Huawei(CN) Company Detail

11.10.2 Huawei(CN) Business Overview

11.10.3 Huawei(CN) 5G Technology Introduction

11.10.4 Huawei(CN) Revenue in 5G Technology Business (2018-2023)

11.10.5 Huawei(CN) Recent Development

11.11 ZTE(CN)

11.11.1 ZTE(CN) Company Detail

11.11.2 ZTE(CN) Business Overview

11.11.3 ZTE(CN) 5G Technology Introduction

11.11.4 ZTE(CN) Revenue in 5G Technology Business (2018-2023)

11.11.5 ZTE(CN) Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global 5G Technology Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of SDN

    Table 3. Key Players of NFV

    Table 4. Key Players of MEC

    Table 5. Global 5G Technology Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global 5G Technology Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global 5G Technology Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global 5G Technology Market Share by Region (2018-2023)

    Table 9. Global 5G Technology Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global 5G Technology Market Share by Region (2024-2029)

    Table 11. 5G Technology Market Trends

    Table 12. 5G Technology Market Drivers

    Table 13. 5G Technology Market Challenges

    Table 14. 5G Technology Market Restraints

    Table 15. Global 5G Technology Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global 5G Technology Market Share by Players (2018-2023)

    Table 17. Global Top 5G Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 5G Technology as of 2022)

    Table 18. Ranking of Global Top 5G Technology Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by 5G Technology Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players 5G Technology Product Solution and Service

    Table 22. Date of Enter into 5G Technology Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global 5G Technology Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global 5G Technology Revenue Market Share by Type (2018-2023)

    Table 26. Global 5G Technology Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global 5G Technology Revenue Market Share by Type (2024-2029)

    Table 28. Global 5G Technology Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global 5G Technology Revenue Market Share by Application (2018-2023)

    Table 30. Global 5G Technology Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global 5G Technology Revenue Market Share by Application (2024-2029)

    Table 32. North America 5G Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America 5G Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America 5G Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe 5G Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe 5G Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe 5G Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific 5G Technology Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific 5G Technology Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific 5G Technology Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America 5G Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America 5G Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America 5G Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa 5G Technology Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa 5G Technology Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa 5G Technology Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Qualcomm(US) Company Detail

    Table 48. Qualcomm(US) Business Overview

    Table 49. Qualcomm(US) 5G Technology Product

    Table 50. Qualcomm(US) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 51. Qualcomm(US) Recent Development

    Table 52. Intel(US) Company Detail

    Table 53. Intel(US) Business Overview

    Table 54. Intel(US) 5G Technology Product

    Table 55. Intel(US) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 56. Intel(US) Recent Development

    Table 57. Ericsson(SE) Company Detail

    Table 58. Ericsson(SE) Business Overview

    Table 59. Ericsson(SE) 5G Technology Product

    Table 60. Ericsson(SE) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 61. Ericsson(SE) Recent Development

    Table 62. Samsung(KR) Company Detail

    Table 63. Samsung(KR) Business Overview

    Table 64. Samsung(KR) 5G Technology Product

    Table 65. Samsung(KR) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 66. Samsung(KR) Recent Development

    Table 67. NEC(JP) Company Detail

    Table 68. NEC(JP) Business Overview

    Table 69. NEC(JP) 5G Technology Product

    Table 70. NEC(JP) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 71. NEC(JP) Recent Development

    Table 72. Mediatek(TW) Company Detail

    Table 73. Mediatek(TW) Business Overview

    Table 74. Mediatek(TW) 5G Technology Product

    Table 75. Mediatek(TW) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 76. Mediatek(TW) Recent Development

    Table 77. Cisco(US) Company Detail

    Table 78. Cisco(US) Business Overview

    Table 79. Cisco(US) 5G Technology Product

    Table 80. Cisco(US) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 81. Cisco(US) Recent Development

    Table 82. Marvell(US) Company Detail

    Table 83. Marvell(US) Business Overview

    Table 84. Marvell(US) 5G Technology Product

    Table 85. Marvell(US) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 86. Marvell(US) Recent Development

    Table 87. Qorvo(US) Company Detail

    Table 88. Qorvo(US) Business Overview

    Table 89. Qorvo(US) 5G Technology Product

    Table 90. Qorvo(US) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 91. Qorvo(US) Recent Development

    Table 92. Huawei(CN) Company Detail

    Table 93. Huawei(CN) Business Overview

    Table 94. Huawei(CN) 5G Technology Product

    Table 95. Huawei(CN) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 96. Huawei(CN) Recent Development

    Table 97. ZTE(CN) Company Detail

    Table 98. ZTE(CN) Business Overview

    Table 99. ZTE(CN) 5G Technology Product

    Table 100. ZTE(CN) Revenue in 5G Technology Business (2018-2023) & (US$ Million)

    Table 101. ZTE(CN) Recent Development

    Table 102. Research Programs/Design for This Report

    Table 103. Key Data Information from Secondary Sources

    Table 104. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global 5G Technology Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global 5G Technology Market Share by Type: 2022 VS 2029

    Figure 3. SDN Features

    Figure 4. NFV Features

    Figure 5. MEC Features

    Figure 6. Global 5G Technology Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global 5G Technology Market Share by Application: 2022 VS 2029

    Figure 8. Smart Home Case Studies

    Figure 9. Autonomous Driving Case Studies

    Figure 10. Smart Cities Case Studies

    Figure 11. Industrial IoT Case Studies

    Figure 12. Smart Farming Case Studies

    Figure 13. Others Case Studies

    Figure 14. 5G Technology Report Years Considered

    Figure 15. Global 5G Technology Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 16. Global 5G Technology Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 17. Global 5G Technology Market Share by Region: 2022 VS 2029

    Figure 18. Global 5G Technology Market Share by Players in 2022

    Figure 19. Global Top 5G Technology Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 5G Technology as of 2022)

    Figure 20. The Top 10 and 5 Players Market Share by 5G Technology Revenue in 2022

    Figure 21. North America 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. North America 5G Technology Market Share by Country (2018-2029)

    Figure 23. United States 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Canada 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe 5G Technology Market Share by Country (2018-2029)

    Figure 27. Germany 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. France 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. U.K. 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Italy 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Russia 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Nordic Countries 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific 5G Technology Market Share by Region (2018-2029)

    Figure 35. China 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Japan 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. South Korea 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Southeast Asia 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. India 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Australia 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America 5G Technology Market Share by Country (2018-2029)

    Figure 43. Mexico 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Brazil 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa 5G Technology Market Share by Country (2018-2029)

    Figure 47. Turkey 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Saudi Arabia 5G Technology Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Qualcomm(US) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 50. Intel(US) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 51. Ericsson(SE) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 52. Samsung(KR) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 53. NEC(JP) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 54. Mediatek(TW) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 55. Cisco(US) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 56. Marvell(US) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 57. Qorvo(US) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 58. Huawei(CN) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 59. ZTE(CN) Revenue Growth Rate in 5G Technology Business (2018-2023)

    Figure 60. Bottom-up and Top-down Approaches for This Report

    Figure 61. Data Triangulation

    Figure 62. Key Executives Interviewed