Global 5G Infrastructure Market Size, Share, Growth & Trend Analysis Report, 2032. 

Summary
Market Landscape
Methodology
Table of Contents

Global 5G Infrastructure Market Size, Share, Growth & Trend Analysis Report, By Component (Hardware, Services), By Type (Private 5G, Public 5G), By Vertical (Enterprise, Industrial), By Region, And Segment Forecasts, 2024 – 2032.

5G Infrastructure relates to advanced network components like small cells, macro towers, fiber optics, and edge computing to support high-speed, low-latency communication. It enables technologies such as autonomous vehicles, IoT, and smart cities by using millimeter-wave spectrum, and network slicing.

The Global 5G Infrastructure Market was valued more than USD XX billion in 2024 and is projected to reach USD XX billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of over 30% during the forecast period from 2025 to 2032.

Industry Trends

The 5G infrastructure market is experiencing significant growth, driven by the escalating demand for high-speed connectivity and the proliferation of Internet of Things (IoT) devices. As industries undergo digital transformation, the need for reliable, low-latency communication has become paramount. This shift is evident in the increasing investments in 5G networks, with the global 5G infrastructure market size estimated at USD XX billion in 2024 and projected to grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2032.

Several factors are propelling this expansion. The surge in mobile data traffic, partly due to the rise of smart cities and IoT applications, necessitates advanced network capabilities. Governments and telecom operators are responding by investing heavily in 5G infrastructure to meet these demands. For instance, in the U.S., the 5G infrastructure market was valued at USD XX billion in 2024 and is anticipated to grow at a CAGR of XX% from 2024 to 2032, reflecting the country's commitment to enhancing its digital landscape.

However, the deployment of 5G networks presents notable challenges. The substantial costs associated with infrastructure development can strain the financial resources of telecom operators. Additionally, complex planning laws and regulatory hurdles can impede the swift installation of necessary equipment, leading to delays. For example, in the UK, users have access to 5G technology only about 10% of the time, a situation attributed to insufficient investment in digital infrastructure and regulatory complexities.

To overcome these obstacles, stakeholders must adopt innovative strategies, such as network sharing and public-private partnerships, to distribute costs and expedite deployment. Addressing regulatory barriers and streamlining approval processes are also crucial steps toward achieving comprehensive 5G coverage and fully realizing the technology's transformative potential.

Industry Expert’s Opinion

Jae Min Lee, Vice President and Head of E-FOREST Center, Hyundai Motor and Kia

“Hyundai Motor was the first Korean company to implement P-5G in mass production, we are also the industry’s first to verify P-5G RedCap technology, reinforcing our global leadership in smart manufacturing solutions. We will continue to accelerate its commercialization.”

Simon Lee, Vice President and Head of B2B·B2G Business Development, Networks Business Samsung Electronics

“The recent collaboration with Hyundai Motor represents how the two leaders in their respective industries can creatively drive business innovation and unlock new real use cases by merging best-in-class expertise. Samsung’s RedCap-powered private 5G network solutions will open up more possibilities for enterprises, manufacturers, and public institutions, serving as a gateway to driving more efficient 5G networks.”

TT Consultants’ Perspective

The 5G infrastructure market is growing rapidly, driven by increasing demand from telecommunications, healthcare, and industrial sectors. As a key enabler of high-speed, low-latency communication, 5G is advancing IoT, AI, and edge computing. The market is witnessing innovations in Open RAN, cloud-native solutions, and energy-efficient technologies. Key players are expanding network coverage, optimizing spectrum use, and investing in small cells and fiber-optic infrastructure. Strategic mergers, acquisitions, and partnerships are reshaping the competitive landscape, accelerating global 5G deployment and adoption.

Market Segmentation

1. By Component (Hardware, Services)

The hardware segment holds a dominant position in the 5G infrastructure market, contributing approximately XX% of the revenue in 2024. It comprises key elements such as Radio Access Networks (RAN), core networks, backhaul, fronthaul, and transport infrastructure. As the demand for high-speed, low-latency connectivity grows, telecom companies are focusing on hardware innovations, including standalone 5G solutions, to enhance network efficiency, scalability, and service reliability.

The services segment is expected to witness significant growth from 2024 to 2032, driven by the increasing need for network deployment, support, and maintenance. These services include consulting, system integration, implementation, and training for enterprises and telecom operators. With the expansion of 5G networks worldwide, service providers are offering customized solutions to optimize network performance, ensure security, and manage large-scale deployments effectively.

2. By Type (Private 5G, Public 5G)

Private 5G networks are designed for specific enterprises, industries, and government institutions requiring secure, high-performance connectivity. These networks offer greater control over data privacy, lower latency, and high reliability, making them ideal for manufacturing plants, smart factories, and logistics hubs. As industries move towards automation and IoT-driven operations, private 5G is becoming an essential part of their digital transformation strategies.

Public 5G networks, operated by telecom service providers, offer broad coverage and support millions of users across urban and rural areas. These networks cater to consumer and enterprise demands for high-speed internet, cloud-based applications, and real-time communication. Public 5G is essential for smart cities, autonomous vehicles, and entertainment services, enhancing user experiences with ultra-fast connectivity and seamless data transmission.

3. By Vertical (Enterprise, Industrial)

Enterprises are rapidly adopting 5G to enhance digital collaboration, cloud computing, and cybersecurity measures. 5G enables seamless video conferencing, remote work solutions, and AI-driven business applications, improving productivity and efficiency. Companies in finance, IT, and retail are leveraging high-speed networks to support big data analytics, blockchain, and real-time customer interactions, driving business growth and innovation.

The industrial sector is integrating 5G for smart manufacturing, automation, and predictive maintenance. 5G-powered industrial IoT (IIoT) enables real-time monitoring of machinery, remote operation of robotics, and efficient supply chain management. Industries such as automotive, energy, and logistics are using 5G to implement advanced technologies like digital twins, edge computing, and AI-driven analytics, enhancing operational efficiency and reducing downtime.

4. By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

North America leads 5G adoption, with the U.S. spearheading deployments through Verizon, AT&T, and T-Mobile. Government initiatives and private investments drive network expansion, supporting autonomous vehicles, smart homes, and immersive entertainment. Europe is rapidly expanding 5G with strong regulatory backing in Germany, France, and the UK, emphasizing standalone networks, sustainability, and smart city projects.

Asia Pacific dominates the market, with China installing over 2.3 million 5G base stations, and South Korea and India advancing large-scale rollouts led by Reliance Jio and Bharti Airtel. Latin America, including Brazil, Mexico, and Argentina, is gradually upgrading networks, fueled by rising digital services and e-commerce. The Middle East & Africa, especially the UAE and Saudi Arabia, is accelerating 5G adoption for smart cities, oil & gas modernization, and healthcare, positioning the region as a key player in the global 5G ecosystem.

Competitive Scenario

The key competitors in the global 5G Infrastructure Market are Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Nokia Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, NEC Corporation, Cisco Systems, Inc., Fujitsu Limited, CommScope Inc., Comba Telecom Systems Holdings Ltd., Altiostar, Airspan Networks, Casa Systems, Hewlett Packard Enterprise Development LP, Mavenir, Parallel Wireless, JMA Wireless, Ceragon, and Aviat Networks, Inc. among others.

Strategic Activities

In February 2025, Hyundai Motor Company and Samsung have partnered to verify Private 5G (P-5G) Reduced Capability (RedCap) technology. This collaboration aims to enable fast, seamless communication with lower power consumption, enhancing connectivity within industrial applications.
In February 2025, SOLiD, a leader in cellular in-building mobile coverage, has chosen MaxLinear's Sierra Radio System on Chip (SoC) for its next-generation Indoor Open Radio Access Network (O-RAN) Radio Units. This partnership aims to accelerate the development of 5G O-RAN solutions with improved performance and reduced size and power consumption.
In February 2025, the three major U.S. carriers—AT&T, T-Mobile US, and Verizon—have teamed up to develop network Application Programming Interfaces (APIs). Leveraging Ericsson's joint API venture, Aduna, this collaboration aims to deliver network APIs related to end-user security, enhancing the 5G ecosystem and providing developers with new tools to create innovative applications.
In February 2025, Telecom Argentina has finalized the acquisition of Telefónica's operations in Argentina for USD 1.245 billion. This strategic move consolidates Telecom Argentina's position in the market, aiming to enhance its 5G infrastructure and service offerings.