5g Technology Market 2021

5G Technology Market Forecasts to 2028 – Global Analysis By Chipset Type (FPGA, FRIC, ASIC), Connectivity (URLLC, eMBB, mMTC), Technology (WiMAX, GSM, HSPA, Wi-Fi), Application (ICT & Trade, AR & VR, Retail) and By Geography

4.5 (48 reviews)
Published: September 2021 ID: SMRC20972
4.5 (48 reviews)
Published: September 2021 ID: SMRC20972

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global 5G Technology Market is accounted for $48.11 billion in 2020 and is expected to reach $3,171.44 billion by 2028 growing at a CAGR of 68.8% during the forecast period. Increase in number of IoT devices and adoption of edge computing, growing trends towards consumer electronics and wearable devices are driving the market growth. However, challenges in small cell deployments and implementation of fiber backhaul are hampering the growth of the market.

5G is the fifth generation technology standard for broadband cellular networks. 5G Technology has a theoretical peak speed of 20 Gbps. It is designed to increase the speed, reduce latency and improve the flexibility of wireless services. The 5G network will simplify mobility with seamless open roaming capabilities between cellular and Wi-Fi access.

Based on the end user, the information technology (IT) & telecommunication segment is going to have lucrative growth during the forecast period due to the increasing investments by key players in the latest technologies for communication, growing demand for high data speed and growing need for enhanced broadband capacity.

By geography, Asia Pacific is going to have high growth during the forecast period due to increasing demand for smart phones and the rising need for large and high-speed network coverage from various sectors in the region and increasing investments by the key players of the market for the 5G infrastructure in developing region such as China and Japan increases the market growth in the region.

Some of the key players profiled in the 5G Technology Market include Mediatek, Huawei Technologies Co. Ltd., Qualcomm Inc.,  Broadcom Corporation, Intel Corp, Cisco Systems, Inc,  Samsung, Nokia Networks, Verizon Communications, Ericsson, Orange S.A, TIM Group, China Mobile Limited  and Deutsche Telekom AG .

Operational Frequencies Covered:
• Sub 6 GHz
• Above 6 GHz   

Chipset Types Covered:
• Field Programmable Gate Array (FPGA)
• Millimeter-Wave Technology Chips
• Radio Frequency Integrated Circuit (FRIC)
• Application-specific Integrated Circuit (ASIC)

Communication Infrastructures Covered:
• Distributed Antenna System (DAS)
• Macro Cell
• Radio Access Network (RAN)
• Small Cell

Network Technologies Covered:
• Software-Defined Networking (SDN)
• Fog Computing (FC)
• Network Function Virtualization Infrastructure(NFVI)
• Mobile Edge Computing (MEC)

Connectivity’s Covered:
• Ultra-Reliable Low Latency Communication (URLLC)
• Enhanced Mobile Broadband (eMBB)
• Massive Machine Type Communication (mMTC)

Offerings Covered:
• Hardware
• Software
• Services

Technologies Covered:
• 5G Next Generation (NG) Core 
• Worldwide Interoperability for Microwave Access (WiMAX)
• Global System for Mobile (GSM)
• Optical Backhaul
• High Speed Package Access (HSPA)
• Radio Access Technologies (RAT)
• Wireless Fidelity (Wi-Fi)
• Routing Backhaul

Applications Covered:
• Enhanced Video Services
• Public Services
• Connected Vehicle, Monitoring & Tracking, Automation
• Smart Manufacturing
• Information and Communication Technology (ICT) & Trade
• Augmented Reality (AR) & Virtual Reality (VR)
• Smart Cities
• Connected Drones
• Healthcare
• Consumer Electronics
• Connected Automotive
• Intelligent Buildings and Infrastructure
• Public Safety and Surveillance
• Retail
• Home Automation
• Energy and Utility
• Industrial Automation 

Network Architectures Covered:
• 5G Standalone (New Radio (NR) + Core)
• 5G New Radio (NR) Non-Standalone (LTE Combined)

End Users Covered:
• Information Technology (IT) & Telecommunication
• Industrial
• Commercial
• Government
• Agriculture & Mining
• Transportation & Logistics
• Media & Entertainment
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.