5G Infrastructure Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

5G Infrastructure Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of 5G Infrastructure Market


The 5G Infrastructure Market size was valued at USD 25.69 billion in 2023, and the market is now projected to grow from USD 34.22 billion in 2024 to USD 590.18 billion by 2032, exhibiting a CAGR of 42.7% during the forecast period of 2024-2032.

The COVID-19 pandemic created significant challenges on the operative elective surgeries as curbing coronavirus outbreak was prioritized over the surgeries that were not life-threatening unlike COVID. Therefore a huge decline in the elective procedures, operative dental procedures, orthopedic surgeries as well as emergency room visits in the hospitals and operation theatres were on a hold for a significant amount of period that caused an immense downfall in terms of number of post-operative surgeries during the pandemic period, impeding the rise of 5G Infrastructure Market growth.

Industries are increasing there usage of cutting-edge technologies such as IoT, AI, AR/VR, etc. although, high latency is a hurdle to reach their full-potential. The market game is changed now, and all the credit goes to 5G’s ultra-low latency capabilities. This technology is in high demand for mission-critical tasks such as telemedicine, making customers’ to have real-time data access, and these are very important for emergencies and even paving the way for remote robotic surgeries. 5G is a revolutionary turn in manufacturing, making all the operations assisted by powering connected robotic systems, improving industrial IoT device efficiency, and making processes smooth.

Networking Slicing is a process where, a single network is divided into multiple virtual networks, each are customised to different needs such as IoT, smart homes, or connected cars. The services providers are able to meet various enterprise needs by creating dedicated virtual networks for their specific requirements. We can take example of healthcare and agriculture, where the networking needs are entirely different as per their usage. This method of slicing is boosting the security as well, for critical services and simplifies management by ensuring reliability and focus on specific tasks.

Comprehensive Analysis of 5G Infrastructure Market

The 5G Infrastructure Market and Information & Communication Technology is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the IT & Communication industry. These segmentations are methodically segregated by Communication Infrastructure Analysis, by Spectrum Band Analysis, by Network Architecture Analysis, and by End User Analysis. The types of devices include, RAN (Radio Access Network), C-Ran/V-Ran, Small Cell, Massive MIMO, Transport Technology, Software-Defined Networking (SDN), Network Slicing, Core Technology, Network Function, Virtualization (NFV), Mobile Edge Computing, Low Band (<1 GHz), Mid Band (1-6GHz), High Band (24-40GHz), Non-standalone, Standalone,Residential, Commercial, Industrial, Government. However, the end users such as residential, commercial, industrial, and government.

Asia Pacific is the holder of highest 5G Infrastructure Market Share in 2023. The regions has the privilege of having several 5G and communication service providers which is increasing the demand for product in the region. China is the holder of major market share in 2023 as the country has witnessed a high level of investment in the 5G ecosystem.

The top players in the market play a crucial role in the Information & Communication Technology industry assuring industrial prospectus growth and setting market standards. These players include, Telefonaktiebolaget LM Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), Nokia (Finland), ZTE Corporation (China), Samsung Electronics Co., Ltd. (South Korea), NEC Corporation (Japan), Mavenir (U.S.), Fujitsu (Japan), Qualcomm Technologies, Inc. (U.S.), Rohde & Schwarz (Germany), these market players provide a level-playing competitive landscape.

In March 2023, Cisco Systems, Inc. and NTT Data Corporation launched private 5G services for healthcare, automotive, public, retail, and logistics sectors. This launch is expected to enhance the Industry 4.0 capabilities.

Segmentation Table

Global Medical Devices Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 6.3% from 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Type, End-User, and Region

By Type · Orthopedic Devices

· Cardiovascular Devices

· Diagnostic Imaging

· IVD

· MIS

· Wound Management

· Diabetes Care

· Ophthalmic Devices

· Dental Devices

· Nephrology

· General Surgery

· Others

By End-User · Hospitals & ASCs

· Clinics

· Others

By Region · North America (By Type, End-User, and Country)

-U.S. (By Type and End-User)

-Canada (By Type and End-User)

· Europe (By Type, End-User, and Country/Sub-region)

-U.K. (By Type and End-User)

-Germany (By Type and End-User)

-France (By Type and End-User)

-Italy (By Type and End-User)

-Spain (By Type and End-User)

-Rest of Europe (By Type and End-User)

· Asia Pacific (By Type, End-User, and Country/Sub-region)

-China (By Type and End-User)

-Japan (By Type and End-User)

-India (By Type and End-User)

-Australia (By Type and End-User)

-Rest of Asia Pacific (By Type and End-User)

· Latin America (By Type, End-User, and Country/Sub-region)

-Brazil (By Type and End-User)

-Mexico (By Type and End-User)

-Rest of Latin America (By Type and End-User)

· Middle East & Africa (By Type, End-User, and Country/ Sub-region)

-GCC (By Type and End-User)

-South Africa (By Type and End-User)

-Rest of Middle East & Africa (By Type and End-User)