North America Standalone 5G Network Market Size, Share & Trends Analysis Report By Spectrum (Sub-6 GHz and mmWave), By Network, By Component, By Vertical, By Country and Growth Forecast, 2024 - 2031

North America Standalone 5G Network Market Size, Share & Trends Analysis Report By Spectrum (Sub-6 GHz and mmWave), By Network, By Component, By Vertical, By Country and Growth Forecast, 2024 - 2031


The North America Standalone 5G Network Market would witness market growth of 54.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Standalone 5G Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,824.6 million by 2031. The Canada market is experiencing a CAGR of 57.6% during (2024 - 2031). Additionally, The Mexico market would exhibit CAGR of 56.5% during (2024 - 2031).

The economic implications of SA 5G are profound. SA 5G networks are anticipated to stimulate substantial economic growth by facilitating the development of novel business models and revenue streams, serving as the foundation of next-generation connectivity. They are unlocking opportunities in emerging areas such as autonomous vehicles, smart grids, and remote work.

Additionally, autonomous vehicles rely on the ultra-low latency and high reliability of SA 5G to communicate with other vehicles and infrastructure, ensuring safety and efficiency. Smart grids, which manage energy distribution more effectively, integrate SA 5G to enable real-time monitoring and control. In remote work, SA 5G facilitates seamless video conferencing, virtual collaboration, and access to cloud-based applications, making it an essential tool for the modern workforce.

Due to the region's dedication to digital infrastructure and innovation, the standalone 5G network market in North America has experienced substantial growth. With strong government support, private sector investments, and rapid adoption across manufacturing, enterprise, and automotive sectors, North America is setting the benchmark for 5G advancements. The United States is at the forefront of adopting standalone 5G networks, with a significant push coming from the manufacturing sector. As part of Industry 4.0, U.S.-based manufacturers increasingly deploy 5G-enabled automation, robotics, and IoT devices to optimize productivity and reduce costs.

Based on Spectrum, the market is segmented into Sub-6 GHz and mmWave. Based on Network, the market is segmented into Public and Private. Based on Component, the market is segmented into Solutions (5G Radio Access Network (RAN), 5G Core Network, and Other Solutions Type) and Services. Based on Vertical, the market is segmented into Manufacturing, Enterprise/Corporate, Automotive & Transportation, Energy & Utilities, Healthcare/Hospitals , Smart Cities, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • AT&T Inc.
  • Verizon Communications, Inc.
  • Ericsson AB
  • Cisco Systems, Inc.
  • Nokia Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • ZTE Corporation
  • Samsung Electronics Co., Ltd. (Samsung Health)
  • Hewlett Packard Enterprise Company
  • Vodafone Group Plc
North America Standalone 5G Network Market Report Segmentation

By Spectrum
  • Sub-6 GHz
  • mmWave
By Network
  • Public
  • Private
By Component
  • Solutions
  • 5G Radio Access Network (RAN)
  • 5G Core Network
  • Other Solutions Type
  • Services
By Vertical
  • Manufacturing
  • Enterprise/Corporate
  • Automotive & Transportation
  • Energy & Utilities
  • Healthcare/Hospitals
  • Smart Cities
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Standalone 5G Network Market, by Spectrum
1.4.2 North America Standalone 5G Network Market, by Network
1.4.3 North America Standalone 5G Network Market, by Component
1.4.4 North America Standalone 5G Network Market, by Vertical
1.4.5 North America Standalone 5G Network Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Oct – 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Standalone 5G Network Market by Spectrum
5.1 North America Sub-6 GHz Market by Region
5.2 North America mmWave Market by Region
Chapter 6. North America Standalone 5G Network Market by Network
6.1 North America Public Market by Region
6.2 North America Private Market by Region
Chapter 7. North America Standalone 5G Network Market by Component
7.1 North America Solutions Market by Country
7.2 North America Standalone 5G Network Market by Solutions Type
7.2.1 North America 5G Radio Access Network (RAN) Market by Country
7.2.2 North America 5G Core Network Market by Country
7.2.3 North America Other Solutions Type Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Standalone 5G Network Market by Vertical
8.1 North America Manufacturing Market by Country
8.2 North America Enterprise/Corporate Market by Country
8.3 North America Automotive & Transportation Market by Country
8.4 North America Energy & Utilities Market by Country
8.5 North America Healthcare/Hospitals  Market by Country
8.6 North America Smart Cities Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Standalone 5G Network Market by Country
9.1 US Standalone 5G Network Market
9.1.1 US Standalone 5G Network Market by Spectrum
9.1.2 US Standalone 5G Network Market by Network
9.1.3 US Standalone 5G Network Market by Component
9.1.3.1 US Standalone 5G Network Market by Solutions Type
9.1.4 US Standalone 5G Network Market by Vertical
9.2 Canada Standalone 5G Network Market
9.2.1 Canada Standalone 5G Network Market by Spectrum
9.2.2 Canada Standalone 5G Network Market by Network
9.2.3 Canada Standalone 5G Network Market by Component
9.2.3.1 Canada Standalone 5G Network Market by Solutions Type
9.2.4 Canada Standalone 5G Network Market by Vertical
9.3 Mexico Standalone 5G Network Market
9.3.1 Mexico Standalone 5G Network Market by Spectrum
9.3.2 Mexico Standalone 5G Network Market by Network
9.3.3 Mexico Standalone 5G Network Market by Component
9.3.3.1 Mexico Standalone 5G Network Market by Solutions Type
9.3.4 Mexico Standalone 5G Network Market by Vertical
9.4 Rest of North America Standalone 5G Network Market
9.4.1 Rest of North America Standalone 5G Network Market by Spectrum
9.4.2 Rest of North America Standalone 5G Network Market by Network
9.4.3 Rest of North America Standalone 5G Network Market by Component
9.4.3.1 Rest of North America Standalone 5G Network Market by Solutions Type
9.4.4 Rest of North America Standalone 5G Network Market by Vertical
Chapter 10. Company Profiles
10.1 Nokia Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Vodafone Group Plc
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental Analysis
10.2.4 Recent strategies and developments:
10.2.4.1 Product Launches and Product Expansions:
10.3 Cisco Systems, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Samsung Electronics Co., Ltd. (Samsung Group)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Verizon Communications, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Product Launches and Product Expansions:
10.6.5 SWOT Analysis
10.7 Ericsson AB
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 ZTE Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 AT&T, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Hewlett Packard Enterprise Company
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
10.10.6 SWOT Analysis

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