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Future of the 5G Technologies Market: Trends, Innovations, and Key Forecasts Through 2034

07-14-2025 09:12 AM CET | IT, New Media & Software

Press release from: The Business Research Company

5G Technologies

5G Technologies

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5G Technologies Market Size Growth Forecast: What to Expect by 2025?
The expansion of the 5G technologies market has been significant in recent times. This market is expected to surge from $27.91 billion in 2024 to $45.54 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 63.2%. Factors contributing to growth during the historic period include a rise in data volume generation, wider acceptance of 5G networks, an increase in the number of internet users, and robust economic advancements in budding markets.

How Will the 5G Technologies Market Size Evolve and Grow by 2029?
Projected to experience remarkable expansion in the coming years, the 5G technology marketplace size is set to balloon to $210.98 billion by 2029, growing at a compound annual growth rate (CAGR) of 46.7%. Various factors like government schemes, proliferation of intelligent homes, an increasing number of IoT gadgetry, and heightened investment actions are accountable for the growth in this forecast period. During this period, the key trends to take note of include emphasis on utilizing machine learning technologies, targeting artificial intelligence, introduction of inventive products, and forming alliances and collaborations to enhance revenue and product suite.

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What Drivers Are Propelling the Growth of 5G Technologies Market Forward?
Rising numbers of smart homes are predicted to bolster the 5G technologies market in the projected timeline. Defined as a home that uses devices connected via the internet for remote monitoring and administration of systems and appliances, smart homes take advantage of the security and automation capabilities offered by 5G technologies. The continuous growth of smart homes is fuelling the demand for home-based 5G technologies that are operable remotely. For example, as stated by CITyFiED, a project in Spain funded by the European Union's Seventh Program, Europe might see a surge in smart homes to 84 million by 2022, significantly driven by Germany, the UK, and France. An example of this is the anticipated rise of smart home adoption in the UK to 63% by 2025. As such, the proliferation of smart homes is likely to be a significant propellant for the 5G technologies market.

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Which Emerging Trends Are Transforming the 5G Technologies Market in 2025?
The burgeoning partnerships between firms specializing in 5G technology are a prominent trend in the 5G technologies sector. This is predominantly because these corporations are aiming to construct a robust 5G infrastructure and foster innovative platforms, through resource, knowledge, technology, and cost sharing. These alliances are particularly advantageous to the firms in the event of licenses expiration, technological expertise deficiency, and rigid regulatory landscape. For instance, in January 2022, UK-based telecommunications company Vodafone formed a partnership with Ciena, an American telecommunications company, to offer 5G solutions. This collaboration enabled Vi to maximize fiber capacity and network efficiencies for 5G. Furthermore, in October 2022, Ericsson, an American 5G technology enterprise, allied with Reliance JioInfocomm Ltd., an Indian telecommunications company, to establish India's first 5G standalone network.

What Are the Key Segments in the 5G Technologies Market?
The 5G technologies market covered in this report is segmented -

1) By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN), Distributed Antenna System (DAS)
2) By End-User: Automotive, Industrial, Consumer Electronics, Healthcare, Telecom, Other End-Users
3) By Core Network Technology: Software-Defined Networking (SDN), Network Functions Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC)
4) By Chipset Type: ASIC Chips, RFIC Chips, Millimeter Wave Technology Chips, Field-Programmable Gate Array (FPGA)

Subsegments:
1) By Small Cell: Femtocells, Picocells, Microcells
2) By Macro Cell: Traditional Macro Cells, High-Power Macro Cells, Integrated Macro Cells
3) By Radio Access Network (RAN): Centralized RAN, Distributed RAN, Cloud RAN
4) By Distributed Antenna System (DAS): Active DAS, Passive DAS, Hybrid DAS

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Who Are the Key Players Shaping the 5G Technologies Market's Competitive Landscape?
Major companies operating in the 5G technologies market include Ericsson, Nokia, Qualcomm Technologies Inc., Intel Corporation, Broadcom, Huawei Technologies Co. Ltd, Cisco Systems Inc., KT Corp., Marvell technology, Samsung, Aeron Systems, Altizon Systems, FuGenX Technologies Pvt. Ltd, Fuji Electric Systems Co., Ltd., HCL technologies, Harbinger system, Myriota, NTT Communications, Bharti Airtel, Reliance Ind., Sterlite Tech, Mediatek Inc., China Unicom Ltd., IBM Corporation, Xiaomi Inc., Microsoft Corporation, China Telecom Corp. Ltd., BT Group, Vodafone, Spirent Communications, Trackwise Designs, Yettle, Orange, RCS&RDS Digi, Nvidia, Corning, Ciena, Arista Networks, Telus, Rogers, Sierra Wireless, Enghouse Communications and BlackBerry., Telefonica Brasil, Claro, Telecom Argentina, Movistar, Etisalat UAE, 21st Century Technologies Ltd., Dreamlabs Nigeria Ltd., Excelsimo Networks Ltd., Galaxy Backbone Plc, ipNX Nigeria Ltd., Liquid Intelligent Technologies, MainOne, Medallion Communications Inc., MTN Group, Rack Centre Ltd.

What Geographic Markets Are Powering Growth in the 5G Technologies Market?
North America was the largest region in the 5G technologies market in 2024. The regions covered in the 5g technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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