Nextgeneration Connectivity Market
PUBLISHED: 2025 ID: SMRC31319
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Nextgeneration Connectivity Market

Next-Generation Connectivity Market Forecasts to 2032 – Global Analysis By Component (Hardware, Software, Services), Deployment Mode, Technology, Application, End User and By Geography

4.7 (88 reviews)
4.7 (88 reviews)
Published: 2025 ID: SMRC31319

Due to ongoing shifts in global trade and tariffs, the market outlook will be refreshed before delivery, including updated forecasts and quantified impact analysis. Recommendations and Conclusions will also be revised to offer strategic guidance for navigating the evolving international landscape.
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According to Stratistics MRC, the Global Next‐Generation Connectivity Market is accounted for $9.2 billion in 2025 and is expected to reach $21.8 billion by 2032 growing at a CAGR of 13.0% during the forecast period. Next-generation connectivity refers to the advanced network technologies that enable faster, more reliable and seamless communication across devices, platforms, and geographies. It encompasses innovations like 5G, Wi-Fi 6, edge computing, and satellite internet, which together support ultra-low latency, massive data throughput, and real-time responsiveness. These technologies empower smart cities, autonomous vehicles, remote healthcare, and immersive experiences like augmented and virtual reality. By integrating AI and IoT, next-generation connectivity transforms how people interact with the digital world, driving efficiency, innovation, and global collaboration. It lays the foundation for a hyper-connected future where everything and everyone can be intelligently linked.
 
Market Dynamics:

Driver:

Rising demand for high-speed data transfer

The surge in data-intensive applications, cloud computing, and real-time services is fueling the demand for high-speed data transfer. Next-generation connectivity technologies like 5G and Wi-Fi 6 enable ultra-fast, low-latency communication, supporting seamless streaming, remote work, and smart infrastructure. As industries digitize and consumers expect instant access, the need for robust, high-speed networks becomes critical. This demand acts as a major driver for market growth, pushing innovation and adoption across sectors globally.

Restraint:

Security concerns

Despite its transformative potential, next-generation connectivity faces significant security challenges. The proliferation of connected devices and decentralized networks increases vulnerability to cyberattacks, data breaches, and privacy violations. As AI and IoT integrate deeper into critical systems like healthcare and transportation, ensuring secure data transmission and device authentication becomes paramount. These concerns may hinder adoption rates, especially in sectors with stringent regulatory requirements.

Opportunity:

Expansion of 5G, IoT, and AI technologies

The rapid evolution of 5G, IoT, and AI presents immense growth opportunities for next-generation connectivity. These technologies enable intelligent automation, real-time analytics, and hyper-connected ecosystems. From smart cities to autonomous vehicles and industrial automation, their integration enhances efficiency and innovation. As global investments rise and infrastructure matures, the market is poised to benefit from expanded applications and new business models, unlocking transformative potential across sectors and driving long-term growth.

Threat:

Infrastructure complexity and cost

Implementing next-generation connectivity demands substantial investment in infrastructure, including fiber optics, edge computing nodes, and satellite systems. The complexity of integrating diverse technologies and maintaining interoperability across platforms poses a significant challenge. High deployment costs may slow adoption. Additionally, managing network scalability and performance under increasing data loads adds operational strain, making infrastructure complexity and cost a notable threat to market expansion.

Covid-19 Impact:

The Covid-19 pandemic accelerated digital transformation, boosting demand for reliable connectivity in remote work, telemedicine, and virtual learning. However, supply chain disruptions and delayed infrastructure projects temporarily hindered market growth. Post-pandemic, the emphasis on resilient, high-speed networks has intensified, driving investments in 5G, edge computing, and satellite internet. The crisis highlighted the critical role of next-generation connectivity in maintaining societal functions, ultimately reinforcing its importance and catalyzing long-term adoption across industries.

The healthcare connectivity segment is expected to be the largest during the forecast period

The healthcare connectivity segment is expected to account for the largest market share during the forecast period due to rising demand for telehealth, remote patient monitoring, and AI-driven diagnostics. Next-generation networks enable real-time data exchange between devices and healthcare providers, improving patient outcomes and operational efficiency. Technologies like 5G and edge computing support low-latency communication essential for critical care and robotic surgeries. As healthcare systems modernize globally, connectivity becomes a cornerstone for delivering accessible, high-quality medical services.

The network slicing segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the network slicing segment is predicted to witness the highest growth rate due to ability to create customized virtual networks for specific applications. This innovation allows operators to allocate bandwidth and latency based on use-case requirements, enhancing performance for sectors like autonomous vehicles, industrial IoT, and gaming. As 5G adoption grows, network slicing becomes vital for optimizing resources and delivering differentiated services, making it a key growth area in next-gen connectivity.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rapid urbanization, strong government initiatives, and high mobile penetration. Countries like China, Japan, and South Korea are leading in 5G deployment and smart city development. The region’s robust manufacturing base and growing tech ecosystem further fuel demand for advanced connectivity solutions. With increasing investments in digital infrastructure and innovation, Asia Pacific emerges as a dominant force in shaping the global connectivity landscape.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR owing to early adoption of 5G, strong R&D capabilities, and a mature digital ecosystem. The region’s emphasis on edge computing, AI integration and cybersecurity fosters rapid innovation. Government support and private sector investments in smart infrastructure and healthcare connectivity further accelerate growth. With tech giants and startups pushing boundaries, North America remains a hotspot for next-generation connectivity advancements.

Key players in the market

Some of the key players in Next‐Generation Connectivity Market include Ericsson AB, LG Electronics Inc., Huawei Technologies Co., Ltd., Oracle Corporation, Nokia Corporation, Mavenir Systems, Inc., Samsung Electronics Co., Ltd., Microsoft Corporation, Qualcomm Technologies, Inc., Dell Technologies, ZTE Corporation, NEC Corporation, Intel Corporation, AT&T Inc., and Cisco Systems, Inc.

Key Developments:

In July 2025, Dell Technologies and TD SYNNEX are launching new AI Labs in Germany, France and the UK, equipped with Nvidia infrastructure, to let businesses prototype, scale and deploy enterprise AI more confidently in real environments.

In June 2025, Nokia has signed a four-year extension with Elisa to upgrade and expand 5G (5.5G) infrastructure across Finland and Estonia. The rollout will include Nokia’s latest AirScale RAN equipment, energy-efficient Massive MIMO radios, cloud-native Voice Core, and enhanced automation—boosting AI, AR/VR, and industrial automation capabilities.

Components Covered:
• Hardware
• Software
• Services

Deployment Modes Covered:
• Public Networks
• Private Networks
• Hybrid Networks

Technologies Covered:
• 5G Networks
• Network Slicing
• 6G Research & Development
• Edge Computing & MEC
• Wi-Fi 6 & Wi-Fi 7
• Satellite & Non-Terrestrial Networks
• LPWAN (LoRa, NB-IoT, Sigfox)
• Cloud-Native Networking

Applications Covered:
• Smart Cities
• Defense & Aerospace
• Industrial IoT
• Energy & Utilities
• Autonomous Vehicles & Transportation
• Healthcare Connectivity
• AR/VR & Immersive Experiences
• Other Applications

End Users Covered:
• Telecom Operators
• Government & Public Sector
• Enterprises
• Consumers

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 UAE
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 2024, 2025, 2026, 2028, and 2032
- 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

Table of Contents

1 Executive Summary      
       
2 Preface       
2.1 Abstract      
2.2 Stake Holders     
2.3 Research Scope     
2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
       
3 Market Trend Analysis     
3.1 Introduction     
3.2 Drivers      
3.3 Restraints     
3.4 Opportunities     
3.5 Threats      
3.6 Technology Analysis    
3.7 Application Analysis    
3.8 End User Analysis     
3.9 Emerging Markets     
3.10 Impact of Covid-19     
       
4 Porters Five Force Analysis      
4.1 Bargaining power of suppliers    
4.2 Bargaining power of buyers    
4.3 Threat of substitutes    
4.4 Threat of new entrants    
4.5 Competitive rivalry     
       
5 Global Next‐Generation Connectivity Market, By Component  
5.1 Introduction     
5.2 Hardware     
  5.2.1 Networking Equipment   
  5.2.2 Antennas & Radios    
  5.2.3 Small Cells    
  5.2.4 Routers & Gateways   
5.3 Software      
  5.3.1 Network Management Software  
  5.3.2 Virtualized Network Functions  
  5.3.3 Security Solutions    
5.4 Services      
  5.4.1 Professional Services   
  5.4.2 Managed Services    
       
6 Global Next‐Generation Connectivity Market, By Deployment Mode 
6.1 Introduction     
6.2 Public Networks     
6.3 Private Networks     
6.4 Hybrid Networks     
       
7 Global Next‐Generation Connectivity Market, By Technology  
7.1 Introduction     
7.2 5G Networks     
7.3 Network Slicing     
7.4 6G Research & Development    
7.5 Edge Computing & MEC    
7.6 Wi-Fi 6 & Wi-Fi 7     
7.7 Satellite & Non-Terrestrial Networks   
7.8 LPWAN (LoRa, NB-IoT, Sigfox)    
7.9 Cloud-Native Networking    
       
8 Global Next‐Generation Connectivity Market, By Application  
8.1 Introduction     
8.2 Smart Cities     
8.3 Defense & Aerospace    
8.4 Industrial IoT     
8.5 Energy & Utilities     
8.6 Autonomous Vehicles & Transportation   
8.7 Healthcare Connectivity    
8.8 AR/VR & Immersive Experiences   
8.9 Other Applications     
       
9 Global Next‐Generation Connectivity Market, By End User  
9.1 Introduction     
9.2 Telecom Operators     
9.3 Government & Public Sector    
9.4 Enterprises     
9.5 Consumers     
       
10 Global Next‐Generation Connectivity Market, By Geography  
10.1 Introduction     
10.2 North America     
  10.2.1 US     
  10.2.2 Canada     
  10.2.3 Mexico     
10.3 Europe      
  10.3.1 Germany     
  10.3.2 UK     
  10.3.3 Italy     
  10.3.4 France     
  10.3.5 Spain     
  10.3.6 Rest of Europe    
10.4 Asia Pacific     
  10.4.1 Japan     
  10.4.2 China     
  10.4.3 India     
  10.4.4 Australia     
  10.4.5 New Zealand    
  10.4.6 South Korea    
  10.4.7 Rest of Asia Pacific    
10.5 South America     
  10.5.1 Argentina    
  10.5.2 Brazil     
  10.5.3 Chile     
  10.5.4 Rest of South America   
10.6 Middle East & Africa    
  10.6.1 Saudi Arabia    
  10.6.2 UAE     
  10.6.3 Qatar     
  10.6.4 South Africa    
  10.6.5 Rest of Middle East & Africa   
       
11 Key Developments      
11.1 Agreements, Partnerships, Collaborations and Joint Ventures 
11.2 Acquisitions & Mergers    
11.3 New Product Launch    
11.4 Expansions     
11.5 Other Key Strategies    
       
12 Company Profiling      
12.1 Ericsson AB     
12.2 LG Electronics Inc.     
12.3 Huawei Technologies Co., Ltd.    
12.4 Oracle Corporation     
12.5 Nokia Corporation     
12.6 Mavenir Systems, Inc.    
12.7 Samsung Electronics Co., Ltd.    
12.8 Microsoft Corporation    
12.9 Qualcomm Technologies, Inc.    
12.10 Dell Technologies     
12.11 ZTE Corporation     
12.12 NEC Corporation     
12.13 Intel Corporation     
12.14 AT&T Inc.      
12.15 Cisco Systems, Inc.     
       
List of Tables       
1 Global Next‐Generation Connectivity Market Outlook, By Region (2024-2032) ($MN)
2 Global Next‐Generation Connectivity Market Outlook, By Component (2024-2032) ($MN)
3 Global Next‐Generation Connectivity Market Outlook, By Hardware (2024-2032) ($MN)
4 Global Next‐Generation Connectivity Market Outlook, By Networking Equipment (2024-2032) ($MN)
5 Global Next‐Generation Connectivity Market Outlook, By Antennas & Radios (2024-2032) ($MN)
6 Global Next‐Generation Connectivity Market Outlook, By Small Cells (2024-2032) ($MN)
7 Global Next‐Generation Connectivity Market Outlook, By Routers & Gateways (2024-2032) ($MN)
8 Global Next‐Generation Connectivity Market Outlook, By Software (2024-2032) ($MN)
9 Global Next‐Generation Connectivity Market Outlook, By Network Management Software (2024-2032) ($MN)
10 Global Next‐Generation Connectivity Market Outlook, By Virtualized Network Functions (2024-2032) ($MN)
11 Global Next‐Generation Connectivity Market Outlook, By Security Solutions (2024-2032) ($MN)
12 Global Next‐Generation Connectivity Market Outlook, By Services (2024-2032) ($MN)
13 Global Next‐Generation Connectivity Market Outlook, By Professional Services (2024-2032) ($MN)
14 Global Next‐Generation Connectivity Market Outlook, By Managed Services (2024-2032) ($MN)
15 Global Next‐Generation Connectivity Market Outlook, By Deployment Mode (2024-2032) ($MN)
16 Global Next‐Generation Connectivity Market Outlook, By Public Networks (2024-2032) ($MN)
17 Global Next‐Generation Connectivity Market Outlook, By Private Networks (2024-2032) ($MN)
18 Global Next‐Generation Connectivity Market Outlook, By Hybrid Networks (2024-2032) ($MN)
19 Global Next‐Generation Connectivity Market Outlook, By Technology (2024-2032) ($MN)
20 Global Next‐Generation Connectivity Market Outlook, By 5G Networks (2024-2032) ($MN)
21 Global Next‐Generation Connectivity Market Outlook, By Network Slicing (2024-2032) ($MN)
22 Global Next‐Generation Connectivity Market Outlook, By 6G Research & Development (2024-2032) ($MN)
23 Global Next‐Generation Connectivity Market Outlook, By Edge Computing & MEC (2024-2032) ($MN)
24 Global Next‐Generation Connectivity Market Outlook, By Wi-Fi 6 & Wi-Fi 7 (2024-2032) ($MN)
25 Global Next‐Generation Connectivity Market Outlook, By Satellite & Non-Terrestrial Networks (2024-2032) ($MN)
26 Global Next‐Generation Connectivity Market Outlook, By LPWAN (LoRa, NB-IoT, Sigfox) (2024-2032) ($MN)
27 Global Next‐Generation Connectivity Market Outlook, By Cloud-Native Networking (2024-2032) ($MN)
28 Global Next‐Generation Connectivity Market Outlook, By Application (2024-2032) ($MN)
29 Global Next‐Generation Connectivity Market Outlook, By Smart Cities (2024-2032) ($MN)
30 Global Next‐Generation Connectivity Market Outlook, By Defense & Aerospace (2024-2032) ($MN)
31 Global Next‐Generation Connectivity Market Outlook, By Industrial IoT (2024-2032) ($MN)
32 Global Next‐Generation Connectivity Market Outlook, By Energy & Utilities (2024-2032) ($MN)
33 Global Next‐Generation Connectivity Market Outlook, By Autonomous Vehicles & Transportation (2024-2032) ($MN)
34 Global Next‐Generation Connectivity Market Outlook, By Healthcare Connectivity (2024-2032) ($MN)
35 Global Next‐Generation Connectivity Market Outlook, By AR/VR & Immersive Experiences (2024-2032) ($MN)
36 Global Next‐Generation Connectivity Market Outlook, By Other Applications (2024-2032) ($MN)
37 Global Next‐Generation Connectivity Market Outlook, By End User (2024-2032) ($MN)
38 Global Next‐Generation Connectivity Market Outlook, By Telecom Operators (2024-2032) ($MN)
39 Global Next‐Generation Connectivity Market Outlook, By Government & Public Sector (2024-2032) ($MN)
40 Global Next‐Generation Connectivity Market Outlook, By Enterprises (2024-2032) ($MN)
41 Global Next‐Generation Connectivity Market Outlook, By Consumers (2024-2032) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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