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Leading Element Driving Change in the 5th Generation (5G) Enterprise Market in 2025: IoT Adoption Fuels Expansion Of The 5G Enterprise Market Driver

03-07-2025 07:42 AM CET | IT, New Media & Software

Press release from: The Business research company

5th Generation 5G Enterprise Market

5th Generation 5G Enterprise Market

"How Are the key drivers contributing to the expansion of the 5th generation (5g) enterprise market?
The surge in the use of IoT devices is anticipated to boost the growth of the 5G enterprise market in the future. IoT devices encompass physical items integrated with sensors, software, and connectivity features, which enables them to amass, exchange, and react to data without the need for human input. The rise in desire for IoT (Internet of Things) devices is due to automation and enhanced efficiency, better connectivity, and customer demand. 5G delivers high-speed data transfer and minimal latency, ensuring continuous connectivity for IoT devices and facilitating real-time data transmission as well as massive deployments across a variety of applications such as industrial automation and smart cities. For instance, Ericsson, a Swedish telecommunications company, reported in September 2023, that worldwide IoT connections had achieved 15.7 billion connections in 2023 and anticipate they will grow by 16% to 38.9 billion connections by 2029. Hence, the surge in usage of IoT devices is spurring the growth of the 5G enterprise market.

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What growth opportunities are expected to drive the 5th generation (5g) enterprise market's CAGR through 2034?
The market size of the 5th generation (5G) enterprise has seen a significant surge in growth in recent years. This trend is anticipated to continue, shifting from $4.62 billion in 2024 to $6.19 billion in 2025, representing a compound annual growth rate (CAGR) of 34.0%. The surge in growth during the historic period could be linked to the rising adoption of IoT, increased necessity for superior connectivity, bespoke industry applications, supportive regulatory frameworks and standardization, and advancements in technology.

The market size for the 5th generation (5G) enterprise is projected to experience tremendous growth in the forthcoming years, reaching $19.74 billion in 2029 with a compound annual growth rate (CAGR) of 33.6%. This anticipated growth during the forecast period is due to the proliferation of industry 4.0 strategies, the ascent of edge computing, a heightened emphasis on cybersecurity, the creation of industry-focused solutions, economic recovery, and digital transition. Key trends during the forecast period encompass the fast-paced adoption of private 5G networks, the amalgamation of AI and IoT with 5G, the rise of network slicing services, emphasis on eco-friendly and sustainable 5G, and the broadening of cross-industry cooperation.

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What are the emerging trends shaping the future of the 5th generation (5g) enterprise market?
Key players in the 5G enterprise market are showing interest in setting up private networks such as 5G wireless networks, tailored to particular communication needs. The fifth generation of cellular network technology, a 5G wireless network, facilitates faster data transmission speeds, cuts back on latency, increases network capacity, and offers enhanced reliability as compared to its predecessors. For instance, in February 2024, Wipro Ltd, a technology firm from India, and Finland's Nokia Corporation, a telecommunications giant, initiated a collaborative private 5G wireless solution for enterprises. This collaboration aims to drive businesses towards digital innovation and transformation by providing them with superior connectivity and AI-driven facilities. It enables enterprises to enhance their digital transformation, manage security threats effectively, and streamline their operations efficiently.

Which growth-oriented segments of the 5th generation (5g) enterprise market are leading the industry's development?
The 5th generation (5G) enterprise market covered in this report is segmented -

1) By Network Type: Hybrid Networks, Private Networks, Enterprise Network, Communication Service Provider (CSP) Network
2) By Frequency Band: Sub-6GHz, mmWave
3) By Infrastructure: Access Equipment, Small Cells, E-RAN Equipment (Service Node), Core Network, Software-Defined Networking (SDN), Network Function Virtualization (NFV)
4) By Application: Mobile Robots (AGV), Video Analytics, Drones, Augmented Reality (AR) Or Virtual Reality (VR), Communication, Other Applications
5) By Vertical: Banking, Financial Services, And Insurance (BFSI), Manufacturing, Energy And Utilities, Retail, Healthcare, Government And Public Safety, Transportation And Logistics, Aerospace And Defense, Media And Entertainment, Office Buildings

Subsegments:
1) By Hybrid Networks: Combination Of Private And Public Networks, Integration With Cloud Networks
2) By Private Networks: On-premises Private 5G Networks, Remote or Distributed Private 5G Networks
3) By Enterprise Network: Large Enterprise Networks, Small And Medium Enterprise Networks
4) By Communication Service Provider (CSP) Network: CSP-owned 5G Networks, CSP-managed Private 5G Networks

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What regions are leading the charge in the 5th generation (5g) enterprise market?
North America was the largest region in the 5th generation (5G) enterprise market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 5th generation (5G) enterprise market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the 5th generation (5g) enterprise market?
Major companies operating in the 5th generation (5G) enterprise market report are Samsung Electronics Co. Ltd.; Microsoft Corporation; Verizon Communications Inc.; AT&T Inc.; Huawei Technologies Co. Ltd.; Intel Corporation; Vodafone Group Plc; Cisco Systems Inc.; Qualcomm Incorporated; Oracle Corporation; NTT Docomo Inc.; Hewlett Packard Enterprise Company; Telefonaktiebolaget LM Ericsson; Nokia Corporation; NEC Corporation; ZTE Corporation; Telstra Corporation Limited; SK Telecom Co. Ltd.; CommScope Holding Company Inc.; Juniper Networks Inc.; Ciena Corporation; Fujitsu Limited; Mavenir plc

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What Is Covered In The 5th Generation (5G) Enterprise Global Market Report?

• Market Size Forecast: Examine the 5th generation (5g) enterprise market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the 5th generation (5g) enterprise market for a structured understanding.
• Key Players Overview: Analyze major players in the 5th generation (5g) enterprise market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the 5th generation (5g) enterprise market.
• Segment Contributions: Evaluate how different segments drive overall growth in the 5th generation (5g) enterprise market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the 5th generation (5g) enterprise market.
• Industry Challenges: Identify potential risks and obstacles affecting the 5th generation (5g) enterprise market.
• Competitive Landscape: Review strategic developments in the 5th generation (5g) enterprise market, including expansions, agreements, and new product launches.

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The Business Research Company provides in-depth research and insights through a vast collection of 15,000+ reports spanning 27 industries and over 60 geographies. Backed by 1,500,000 datasets, extensive secondary research, and expert insights from industry leaders, we equip you with the knowledge needed to stay ahead in the market.

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