Report overview
5G technology is the fifth-generation wireless technology, which is in its developmental stage, and is expected to be commercialized in the coming two to three years. The technologys operational speed is expected to be several times faster than the existing wireless technologies (1G, 2G, 3G, and 4G) and significantly penetrate the 2G and 3G wireless markets. High speed, faster download speed, low cost, and expansion in the Internet of Things (IOT) market drive the 5G technology market.
This report contains market size and forecasts of 5G Technology in Global, including the following market information:
Global 5G Technology Market Size 2024-2029, ($ millions)
The global 5G Technology market is projected to reach US$ 80950 million by 2029.
The countries that are expected to be the early adopters of 5G technology are the U.S., Japan, South Korea, and China.
We surveyed the 5G Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global 5G Technology Market, by Type, 2024-2029 ($ millions)
Global 5G Technology Market Segment Percentages, by Type
SDN
NFV
MEC
Global 5G Technology Market, by Application, 2024-2029 ($ millions)
Global 5G Technology Market Segment Percentages, by Application
Smart Home
Autonomous Driving
Smart Cities
Industrial IoT
Smart Farming
Others
Global 5G Technology Market, By Region and Country, 2024-2029 ($ Millions)
Global 5G Technology Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Qualcomm(US)
Intel(US)
Ericsson(SE)
Samsung(KR)
NEC(JP)
Mediatek(TW)
Cisco(US)
Marvell(US)
Qorvo(US)
Huawei(CN)
ZTE(CN)
