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5G System Integration Market Analysis

Report ID: GMI6596
Published Date: Aug 2023
Report Format: PDF

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5G System Integration Market Analysis

5G System Integration Market Size, By Services, 2021 – 2032, (USD Billion)

Based on services, the market is categorized into infrastructure integration, consulting, and application integration. The infrastructure integration segment dominated around USD 3.95 billion revenue in 2022, due to the widespread adoption of 5G networks. As businesses, industries, and cities embrace the transformative capabilities of 5G, there will be a surge in demand for seamlessly integrated infrastructure components. This includes the integration of base stations, small cells, antennas, and network equipment to ensure efficient network operation & coverage. The expansion of 5G networks worldwide is augmenting the need for expert integration services to establish reliable & high-performance connectivity across diverse environments.

5G System Integration Market Size (%), By Industry Vertical, 2022

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Based on industry vertical, the 5G system integration market is divided into manufacturing, BFSI, energy & utilities, IT & telecom, media & entertainment, healthcare, retail, transportation & logistics, and others. The IT & telecom segment held a dominant share in market revenue in 2022. The IT & telecom industry is experiencing robust growth owing to the adoption of advanced connectivity solutions.

The industry's focus on delivering high-speed & low-latency networks aligns with the capabilities of 5G. Telecom companies are investing in integrated systems to enhance network performance and accommodate the surge in data traffic. IT enterprises are integrating 5G solutions for improved cloud services, IoT support, and enhanced user experience, thereby contributing to market expansion.

U.S. 5G System Integration Market Size, 2021 -2032, (USD Billion)

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North America 5G system integration market accounted for 33% of the revenue share in 2022, attributed to the proactive adoption of advanced technologies. With a thriving ecosystem of industries, such as manufacturing, healthcare, and automotive, North America is embracing 5G for use in automation, IoT, and smart applications. Strong R&D efforts, the presence of a tech-savvy workforce, and substantial investments in 5G infrastructure are transforming the region into a hub for innovation. This growth is driven by the integration of 5G into various sectors, fostering economic development and technological advancements.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Global market size for 5G system integration was valued at USD 9.9 billion in 2022 and will register over 20% CAGR from 2023-2032 due to rapid adoption of 5G technologies worldwide.

The infrastructure integration services segment recorded USD 3.95 billion in 2022 and will witness significant growth from 2023-2032 on account of the widespread adoption of 5G networks.

North America held 33% share of the industry in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing presence of industries, such as manufacturing, healthcare, and automation in the region.

Samsung Electronics Co., Ltd., Infosys Limited, Ericsson, Wipro Limited, Tata Consultancy Services Limited, IBM Corporation, Oracle Corporation, and Accenture Inc. are some of the major 5G system integration companies worldwide.