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5G equipment market to grow by 65.6% Y-O-Y from 2022 to 2023: Adoption of 5G networks will drive growth - Technavio
[December 13, 2022]

5G equipment market to grow by 65.6% Y-O-Y from 2022 to 2023: Adoption of 5G networks will drive growth - Technavio


NEW YORK , Dec. 13, 2022 /PRNewswire/ --

5G equipment market insights -

  • Vendors: 15+, Including Airspan Networks Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Product, End-user, and Geography

To understand more about the 5G equipment market, request a sample report

In 2017, the 5G equipment market was valued at USD 466.21 million. From a regional perspective, North America held the largest market share, valued at USD 159.73 million. The 5G equipment market size is estimated to grow by USD 56,716.75 million from 2022 to 2027 at a CAGR of 66.5% according to Technavio.

5G equipment market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a report sample!

5G equipment market - Vendor Insights

The global 5G equipment market is fragmented. The market comprises a limited number of players selling major components required for setting up a 5G network. Many players operating in the market provide components used in 3G/4G networks and offer generic components. The market is in the developing stage, and vendors are still running commercial tests in many countries in regions. As the 5G network setup requires government permission for which bids are announced, the competition is high among vendors.

Vendors compete based on services and quality, apart from providing innovative products. Owing to a high level of innovation, vendors are investing in R&D and gaining a competitive edge during the forecast period. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

  • Altiostar - The company offers 5G equipment such as span macro cells, small cells, and massive MIMO solutions.
  • Analog Devices Inc. - The company offers 5G equipment such as 5G mmW RF Front End ICs 24 GHz to 48.2 GHz.
  • Cisco Systems Inc. - The company offers 5G equipment such as Open vRAN Ecosystem for 5G.

5G equipment market - Market Dynamics

Major Drivers:

  • Adoption of 5G networks for smart cities
  • Growing adoption of smartphones and demand for better connectivity
  • Government initiatives for high-speed network connectivity

Key Challenges:

  • Energy efficiency challenges in 5G small cell networks
  • Threat of cybersecurity breach
  • High deployment costs of 5G technology

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The 5G equipment market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

  • Add credibility to strategies
  • Analyze competitor's offerings
  • Get a holistic view of the market

Grow your profit margins with Technavio - Buy the Report

What are the key data covered in this 5G equipment market report?

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the global 5G equipment market between 2023 and 2027
  • Precise estimation of the size of the 5G equipment market and its contribution to the parent market.
  • Accurate predictions about  upcoming trends and changes in consumer behavior
  • Growth of the 5G equipment market industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of 5G equipment market vendors

Related Reports:

  • The 5G MmWave technology market size is expected to increase to USD 674.1 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 31.8%. The rising demand for high-speed networks is notably driving the 5G MmWave technology market growth, although factors such as uncertain economic conditions may impede the market growth.
  • The 5G testing equipment market is estimated to grow at a CAGR of 7.84% between 2022 and 2027. The size of the market is forecast to increase by USD 515.76 million. The increasing demand for improved network capacity to access connected services is notably driving the market growth, although factors such as challenges related to the deployment of 5G technology may impede the market growth.




5G Equipment Market Scope

Report Coverage

Details

Page number

177

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 66.5%

Market growth 2023-2027

USD 56716.75 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

65.6

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, China, South Korea, Japan, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Airspan Networks Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd., and ZTE Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global 5G equipment market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global 5G equipment market 2017 - 2021 ($ million)
  • 4.2 Product Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
  • 4.3 End-User Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

  • 6.1 Market segments 
    • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 32: Chart on Comparison by Product
    • Exhibit 33: Data Table on Comparison by Product
  • 6.3 Macrocell - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Macrocell - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Macrocell - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Macrocell - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Macrocell - Year-over-year growth 2022-2027 (%)
  • 6.4 Small cell - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Small cell - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Small cell - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Small cell - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Small cell - Year-over-year growth 2022-2027 (%)
  • 6.5 Others - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Product 
    • Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 49: Chart on Comparison by End-user
    • Exhibit 50: Data Table on Comparison by End-user
  • 7.3 Non-retail sector - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Non-retail sector - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Non-retail sector - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Non-retail sector - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Non-retail sector - Year-over-year growth 2022-2027 (%)
  • 7.4 Retail sector - Market size and forecast 2022-2027
    • Exhibit 55: Chart on Retail sector - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Retail sector - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Retail sector - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Retail sector - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by End-user 
    • Exhibit 59: Market opportunity by End-user ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027
    • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027
    • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027
    • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 UK - Market size and forecast 2022-2027
    • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.11 South Korea - Market size and forecast 2022-2027
    • Exhibit 97: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on South Korea - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027
    • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Airspan Networks Inc. 
    • Exhibit 112: Airspan Networks Inc. - Overview
    • Exhibit 113: Airspan Networks Inc. - Product / Service
    • Exhibit 114: Airspan Networks Inc. - Key news
    • Exhibit 115: Airspan Networks Inc. - Key offerings
  • 12.4 Altiostar 
    • Exhibit 116: Altiostar - Overview
    • Exhibit 117: Altiostar - Product / Service
    • Exhibit 118: Altiostar - Key offerings
  • 12.5 Analog Devices Inc. 
    • Exhibit 119: Analog Devices Inc. - Overview
    • Exhibit 120: Analog Devices Inc. - Business segments
    • Exhibit 121: Analog Devices Inc. - Key offerings
    • Exhibit 122: Analog Devices Inc. - Segment focus
  • 12.6 Cisco Systems Inc. 
    • Exhibit 123: Cisco Systems Inc. - Overview
    • Exhibit 124: Cisco Systems Inc. - Business segments
    • Exhibit 125: Cisco Systems Inc. - Key news
    • Exhibit 126: Cisco Systems Inc. - Key offerings
    • Exhibit 127: Cisco Systems Inc. - Segment focus
  • 12.7 Comba Telecom Systems Holdings Ltd. 
    • Exhibit 128: Comba Telecom Systems Holdings Ltd. - Overview
    • Exhibit 129: Comba Telecom Systems Holdings Ltd. - Business segments
    • Exhibit 130: Comba Telecom Systems Holdings Ltd. - Key offerings
    • Exhibit 131: Comba Telecom Systems Holdings Ltd. - Segment focus
  • 12.8 CommScope Holding Co. Inc. 
    • Exhibit 132: CommScope Holding Co. Inc. - Overview
    • Exhibit 133: CommScope Holding Co. Inc. - Business segments
    • Exhibit 134: CommScope Holding Co. Inc. - Key news
    • Exhibit 135: CommScope Holding Co. Inc. - Key offerings
    • Exhibit 136: CommScope Holding Co. Inc. - Segment focus
  • 12.9 Fujitsu Ltd. 
    • Exhibit 137: Fujitsu Ltd. - Overview
    • Exhibit 138: Fujitsu Ltd. - Business segments
    • Exhibit 139: Fujitsu Ltd. - Key news
    • Exhibit 140: Fujitsu Ltd. - Key offerings
    • Exhibit 141: Fujitsu Ltd. - Segment focus
  • 12.10 Huawei Technologies Co. Ltd. 
    • Exhibit 142: Huawei Technologies Co. Ltd. - Overview
    • Exhibit 143: Huawei Technologies Co. Ltd. - Business segments
    • Exhibit 144: Huawei Technologies Co. Ltd. - Key news
    • Exhibit 145: Huawei Technologies Co. Ltd. - Key offerings
    • Exhibit 146: Huawei Technologies Co. Ltd. - Segment focus
  • 12.11 NEC Corp. 
    • Exhibit 147: NEC Corp. - Overview
    • Exhibit 148: NEC Corp. - Business segments
    • Exhibit 149: NEC Corp. - Key news
    • Exhibit 150: NEC Corp. - Key offerings
    • Exhibit 151: NEC Corp. - Segment focus
  • 12.12 Nokia Corp. 
    • Exhibit 152: Nokia Corp. - Overview
    • Exhibit 153: Nokia Corp. - Business segments
    • Exhibit 154: Nokia Corp. - Key offerings
    • Exhibit 155: Nokia Corp. - Segment focus
  • 12.13 Qorvo Inc. 
    • Exhibit 156: Qorvo Inc. - Overview
    • Exhibit 157: Qorvo Inc. - Business segments
    • Exhibit 158: Qorvo Inc. - Key offerings
    • Exhibit 159: Qorvo Inc. - Segment focus
  • 12.14 Qualcomm Inc. 
    • Exhibit 160: Qualcomm Inc. - Overview
    • Exhibit 161: Qualcomm Inc. - Business segments
    • Exhibit 162: Qualcomm Inc. - Key news
    • Exhibit 163: Qualcomm Inc. - Key offerings
    • Exhibit 164: Qualcomm Inc. - Segment focus
  • 12.15 Samsung Electronics Co. Ltd. 
    • Exhibit 165: Samsung Electronics Co. Ltd. - Overview
    • Exhibit 166: Samsung Electronics Co. Ltd. - Business segments
    • Exhibit 167: Samsung Electronics Co. Ltd. - Key news
    • Exhibit 168: Samsung Electronics Co. Ltd. - Key offerings
    • Exhibit 169: Samsung Electronics Co. Ltd. - Segment focus
  • 12.16 Telefonaktiebolaget LM Ericsson 
    • Exhibit 170: Telefonaktiebolaget LM Ericsson - Overview
    • Exhibit 171: Telefonaktiebolaget LM Ericsson - Business segments
    • Exhibit 172: Telefonaktiebolaget LM Ericsson - Key news
    • Exhibit 173: Telefonaktiebolaget LM Ericsson - Key offerings
    • Exhibit 174: Telefonaktiebolaget LM Ericsson - Segment focus
  • 12.17 ZTE Corp. 
    • Exhibit 175: ZTE Corp. - Overview
    • Exhibit 176: ZTE Corp. - Business segments
    • Exhibit 177: ZTE Corp. - Key news
    • Exhibit 178: ZTE Corp. - Key offerings
    • Exhibit 179: ZTE Corp. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 180: Inclusions checklist
    • Exhibit 181: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 182: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 183: Research methodology
    • Exhibit 184: Validation techniques employed for market sizing
    • Exhibit 185: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 186: List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio


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