Global Industrial 5G Market Growth (Status and Outlook) 2025-2031

The global Industrial 5G market size is predicted to grow from US$ 35270 million in 2025 to US$ 188100 million in 2031; it is expected to grow at a CAGR of 32.2% from 2025 to 2031.

Industrial 5G is 5G communication that meets the demands of industrial applications. It is based on Release 16 (or later) of the wireless standard that supports the URLLC scenario.It"s designed for industrial environments that differ from consumer-based applications. Industrial 5G runs in a local private network and supports industrial protocols (OPC UA, PROFINET, Safety, etc.).

Global key industrial 5G players include Ericsson, Huawei, Nokia etc. The top 3 companies hold a share about 26%. Asia-Pacific is the largest market, with a share about 54%, followed by Europe and North America with the share about 23% and 17%. In terms of product, hardware is the largest segment, with a share over 57%. And in terms of application, the largest application is process industrial, followed by discrete industrial.

LPI (LP Information)' newest research report, the “Industrial 5G Industry Forecast” looks at past sales and reviews total world Industrial 5G sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial 5G sales for 2025 through 2031. With Industrial 5G sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial 5G industry.

This Insight Report provides a comprehensive analysis of the global Industrial 5G landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Industrial 5G portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial 5G market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 5G and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial 5G.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial 5G market by product type, application, key players and key regions and countries.

Segmentation by Type:

Hardware

Software

Service

Segmentation by Application:

Process Industry

Discrete Industry

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ericsson

Huawei

Nokia

Samsung

ZTE

China Mobile

China Telecom

China Unicom

Verizon

AT&T

Vodafone Group

SK Telecom

NTT

KT Corporation

Cisco

Siemens

BT

Microsoft

Fujitsu

NEC

Please note: The report will take approximately 2 business days to prepare and deliver.