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5G Infrastructure Market Share

Report ID: GMI5258
Published Date: Aug 2024
Report Format: PDF

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5G Infrastructure Market Share

Huawei Technologies Co., Ltd. and Ericsson AB hold a significant share in the 5G infrastructure industry. Huawei, with its extensive portfolio of 5G solutions and global reach, is renowned for its comprehensive range of hardware, software, and services that support the deployment and optimization of 5G networks. Ericsson, equally influential, is known for its innovative network equipment and services that enhance both the radio and core network aspects of 5G. Their large market shares reflect their dominance and pivotal roles in shaping the future of 5G technology, driven by their extensive investments in research and development, broad customer bases, and global operational capabilities.

Some other major players in the market are Cisco Systems, Inc., NEC Corporation, Fujitsu Limited, AT&T Inc., Verizon Communications Inc., China Mobile Ltd., NTT DOCOMO, Inc., T-Mobile US, Inc., SK Telecom Co., Ltd., Deutsche Telekom AG, Vodafone Group Plc, and Telefonica S.A.

5G Infrastructure Market Companies

Major players operating in the industry are:

Ericsson AB
Huawei Technologies Co., Ltd.
Intel Corporation
Nokia Corporation
Qualcomm Incorporated
Samsung Electronics Co., Ltd.
ZTE Corporation

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The market size for 5G infrastructure was USD 6.65 billion in 2023 and will grow at over 45% CAGR between 2024 and 2032 led by the rise of smart cities, IoT applications, and autonomous vehicles

The hardware component segment in the 5G infrastructure industry is expected to reach over USD 100 billion by 2032 owing to substantial investments in various types of hardware, including base stations, antennas, and network routers.

North America market recorded over 30% share in 2023 due to the presence of the world's most advanced technology companies and early adopters of cutting-edge technologies.

Ericsson AB, Huawei Technologies Co., Ltd., Intel Corporation, Nokia Corporation, Qualcomm Incorporated, Samsung Electronics Co., Ltd., and ZTE Corporation