5G Equipment Market by Technology (Network Function Virtualization (NFV), Software Defined Networking (SDN), Multi-access Edge Computing (MEC)), Equipment (Macrocell, Small Cell, and Others), Architecture (5G Standalone (NR + Core), 5G NR Non-Standalone (

5G Equipment Market by Technology (Network Function Virtualization (NFV), Software Defined Networking (SDN), Multi-access Edge Computing (MEC)), Equipment (Macrocell, Small Cell, and Others), Architecture (5G Standalone (NR + Core), 5G NR Non-Standalone (LTE Combined)), Frequency (Sub 6 GHz, Above 6 GHz), Application (Automotive, Consumer Electronics, Commercial, Industrial), and Region 2023-2028

Market Overview:

The global 5G equipment market size reached US$ 12.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 88.1 Billion by 2028, exhibiting a growth rate (CAGR) of 36.2% during 2023-2028. The rising demand for wireless communications, the extensive research and development activities, and the widespread usage of tablets and smartphones represent some of the key factors driving the market.

Fifth generation (5G) is a wireless cellular telecommunication technology explicitly designed to enable virtual connectivity with machines, devices, and objects and increase the responsiveness and speed of wireless networks. It offers high-multi-Gbps peak data speed, ultra-low latency, better accessibility, and a new identical user experience; thus, it is used with various industrial equipment to enhance performance. 5G equipment usually relies on multiple-input multiple-output (MIMO) antennas that help maintain high throughput and receive and share essential data simultaneously. Apart from this, 5G equipment manages massive machine communication, high-reliability application, and low latency to generate and examine 5G new radio (NR) waveforms and optimize broadband. Based on these properties, 5G equipment is extensively utilized by various retail and non-retail sectors as suitable, cost-effective alternatives for third, and fourth generation (3G/4G) networks and equipment. 

5G Equipment Market Trends:

The widespread adoption of 5G equipment across various industries due to the increasing need for more convenient information and communication technology (ITC) and network managing capabilities represents one of the key factors driving the market growth. Additionally, the proliferation of various internet-enabled wearable devices and consumer electronics, such as laptops, smartphones, and desktops, and the rapid emergence of wireless communication services are acting as other growth-inducing factors. In line with this, the extensive 5G equipment utilization in the healthcare sector for performing medical treatments of patients and imaging, diagnosing, and evaluating individuals’ conditions using electronic devices is supporting the market growth. These equipment are further deployed by small and medium-sized enterprises (SMEs) to refine and execute their marketing strategies for gaining a competitive edge over other companies. Furthermore, the rapid digitalization and the favorable initiatives being undertaken by governments of various countries to develop smart cities and infrastructure with property monitoring and logistics management solutions are facilitating the product demand. Moreover, the large-scale integration of machine-to-machine (M2M) communication, device-to-device solutions, and the Internet of Things (IoT) technologies with the 5G equipment to allow convenient sharing of data is propelling the market growth. Apart from this, the fueling need for wireless communications and the ongoing research and development (R&D) activities to innovate enhanced versions of 5G equipment solutions are positively impacting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global 5G equipment market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on technology, equipment, architecture, frequency, and application.

Technology Insights:

Network Function Virtualization (NFV) 
Software Defined Networking (SDN) 
Multi-access Edge Computing (MEC)
 

The report has also provided a detailed breakup and analysis of the 5G equipment market based on the technology. This includes network function virtualization (NFV), software defined networking (SDN), and multi-access edge computing (MEC). According to the report, network function virtualization (NFV) represented the largest segment.

Equipment Insights:

Macrocell
Small Cell
Others
 

A detailed breakup and analysis of the 5G equipment market based on the equipment has also been provided in the report. This includes microcell, smart cell, and others. According to the report, macrocell accounted for the largest market share.

Architecture Insights:

5G Standalone (NR + Core)
5G NR Non-Standalone (LTE Combined) 
 

The report has also provided a detailed breakup and analysis of the 5G equipment market based on the architecture. This includes 5G Standalone (NR + Core) and 5G NR Non-Standalone (LTE Combined). According to the report, 5G Standalone (NR + Core) represented the largest segment.

Frequency Insights:

Sub 6 GHz
Above 6 GHz
 

A detailed breakup and analysis of the 5G equipment market based on the frequency has also been provided in the report. This includes sub and above 6GHz. According to the report, sub 6 GHz accounted for the largest market share.

Application Insights:

Automotive
Consumer Electronics
Commercial
Industrial
 

The report has also provided a detailed breakup and analysis of the 5G equipment market based on the application. This includes automotive, consumer electronics, commercial, and industrial. According to the report, consumer electronics represented the largest segment.

Regional Insights:

North America

United States
Canada


Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others


Asia Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others


Latin America

Brazil
Mexico
Others


Middle East and Africa
 

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for 5G equipment. Some of the factors driving the North America 5G equipment market included extensive research and development activities, increasing penetration of internet-enabled wearable devices, and the rising need for wireless communications.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global 5G equipment market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Airspan Networks, Cisco Systems Inc, CommScope, Fujitsu Limited, Huawei Technologies Co. Ltd., NEC Corporation (AT&T Inc.), Nokia Corporation, Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global 5G equipment market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global 5G equipment market?
What are the key regional markets?
Which countries represent the most attractive 5G equipment markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the equipment?
What is the breakup of the market based on the architecture?
What is the breakup of the market based on the frequency?
What is the breakup of the market based on the application?
What is the competitive structure of the global 5G equipment market?
Who are the key players/companies in the global 5G equipment market?

he market.


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global 5G Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Network Function Virtualization (NFV)
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Software Defined Networking (SDN)
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Multi-access Edge Computing (MEC)
  6.3.1 Market Trends
  6.3.2 Market Forecast
7 Market Breakup by Equipment
7.1 Macrocell
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Small Cell
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Others
  7.3.1 Market Trends
  7.3.2 Market Forecast
8 Market Breakup by Architecture
8.1 5G Standalone (NR + Core)
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 5G NR Non-Standalone (LTE Combined)
  8.2.1 Market Trends
  8.2.2 Market Forecast
9 Market Breakup by Frequency
9.1 Sub 6 GHz
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Above 6 GHz
  9.2.1 Market Trends
  9.2.2 Market Forecast
10 Market Breakup by Application
10.1 Automotive
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Consumer Electronics
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Commercial
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Industrial
  10.4.1 Market Trends
  10.4.2 Market Forecast
11 Market Breakup by Region
11.1 North America
  11.1.1 United States
   11.1.1.1 Market Trends
   11.1.1.2 Market Forecast
  11.1.2 Canada
   11.1.2.1 Market Trends
   11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
   11.2.1.1 Market Trends
   11.2.1.2 Market Forecast
  11.2.2 Japan
   11.2.2.1 Market Trends
   11.2.2.2 Market Forecast
  11.2.3 India
   11.2.3.1 Market Trends
   11.2.3.2 Market Forecast
  11.2.4 South Korea
   11.2.4.1 Market Trends
   11.2.4.2 Market Forecast
  11.2.5 Australia
   11.2.5.1 Market Trends
   11.2.5.2 Market Forecast
  11.2.6 Indonesia
   11.2.6.1 Market Trends
   11.2.6.2 Market Forecast
  11.2.7 Others
   11.2.7.1 Market Trends
   11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
   11.3.1.1 Market Trends
   11.3.1.2 Market Forecast
  11.3.2 France
   11.3.2.1 Market Trends
   11.3.2.2 Market Forecast
  11.3.3 United Kingdom
   11.3.3.1 Market Trends
   11.3.3.2 Market Forecast
  11.3.4 Italy
   11.3.4.1 Market Trends
   11.3.4.2 Market Forecast
  11.3.5 Spain
   11.3.5.1 Market Trends
   11.3.5.2 Market Forecast
  11.3.6 Russia
   11.3.6.1 Market Trends
   11.3.6.2 Market Forecast
  11.3.7 Others
   11.3.7.1 Market Trends
   11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
   11.4.1.1 Market Trends
   11.4.1.2 Market Forecast
  11.4.2 Mexico
   11.4.2.1 Market Trends
   11.4.2.2 Market Forecast
  11.4.3 Others
   11.4.3.1 Market Trends
   11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast
12 Drivers, Restraints, and Opportunities
12.1 Overview
12.2 Drivers
12.3 Restraints
12.4 Opportunities
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Airspan Networks
   16.3.1.1 Company Overview
   16.3.1.2 Product Portfolio
   16.3.1.3 Financials
  16.3.2 Cisco Systems Inc
   16.3.2.1 Company Overview
   16.3.2.2 Product Portfolio
   16.3.2.3 Financials
   16.3.2.4 SWOT Analysis
  16.3.3 CommScope
   16.3.3.1 Company Overview
   16.3.3.2 Product Portfolio
  16.3.4 Fujitsu Limited
   16.3.4.1 Company Overview
   16.3.4.2 Product Portfolio
   16.3.4.3 Financials
   16.3.4.4 SWOT Analysis
  16.3.5 Huawei Technologies Co. Ltd.
   16.3.5.1 Company Overview
   16.3.5.2 Product Portfolio
   16.3.5.3 SWOT Analysis
  16.3.6 NEC Corporation (AT&T Inc.)
   16.3.6.1 Company Overview
   16.3.6.2 Product Portfolio
   16.3.6.3 Financials
   16.3.6.4 SWOT Analysis
  16.3.7 Nokia Corporation 
   16.3.7.1 Company Overview
   16.3.7.2 Product Portfolio
   16.3.7.3 Financials
   16.3.7.4 SWOT Analysis
  16.3.8 Qualcomm Inc.
   16.3.8.1 Company Overview
   16.3.8.2 Product Portfolio
   16.3.8.3 Financials
   16.3.8.4 SWOT Analysis
  16.3.9 Samsung Electronics Co. Ltd.
   16.3.9.1 Company Overview
   16.3.9.2 Product Portfolio
   16.3.9.3 Financials
   16.3.9.4 SWOT Analysis
  16.3.10 Telefonaktiebolaget LM Ericsson
   16.3.10.1 Company Overview
   16.3.10.2 Product Portfolio
   16.3.10.3 Financials
   16.3.10.4 SWOT Analysis
  16.3.11 ZTE Corporation
   16.3.11.1 Company Overview
   16.3.11.2 Product Portfolio
   16.3.11.3 FinancialsKindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

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