India 5g Devices Market Size & Outlook, 2025-2030

The 5g devices market in India is expected to reach a projected revenue of US$ 58,676.8 million by 2030. A compound annual growth rate of 37.9% is expected of India 5g devices market from 2025 to 2030.
Revenue, 2024 (US$M)
$9,104.0
Forecast, 2030 (US$M)
$58,676.8
CAGR, 2025 - 2030
37.9%
Report Coverage
India

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India 5g devices market, 2019-2030 (US$M)

India 5g devices market, 2019-2030 (US$M)

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India 5g devices market highlights

  • The India 5g devices market generated a revenue of USD 9,104.0 million in 2024 and is expected to reach USD 58,676.8 million by 2030.
  • The India market is expected to grow at a CAGR of 37.9% from 2025 to 2030.
  • In terms of segment, phones was the largest revenue generating form factor in 2024.
  • Laptop is the most lucrative form factor segment registering the fastest growth during the forecast period.


5g devices market data book summary

Market revenue in 2024USD 9,104.0 million
Market revenue in 2030USD 58,676.8 million
Growth rate37.9% (CAGR from 2025 to 2030)
Largest segmentPhones
Fastest growing segmentLaptop
Historical data2019 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhones, CPE, Modules, Hotspots, Switches, & Routers, Laptop, Tablets, Others (USB Modems, In-vehicle routers/modems/hot-spots)
Key market players worldwideZTE Corp Class H, Samsung Electronics Co Ltd, Xiaomi Corp Class B, Sony Group Corp ADR, D-Link, Huawei Technologies, Nokia Oyj, Inseego, HTC Corp DR


Other key industry trends

  • In terms of revenue, India accounted for 4.3% of the global 5g devices market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China 5g devices market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 58,676.8 million by 2030.

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5G Devices Market Companies

Name Profile # Employees HQ Website
Askey Computer View profile 5001-10000 Taipei, T'ai-pei, Taiwan, Asia http://www.askey.com.tw
Inseego View profile 251-500 San Diego, California, United States, North America http://www.inseego.com/
HTC Corp DR View profile 17575 No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 https://www.htc.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
ZTE Corp Class H View profile 72093 ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 https://www.zte.com.cn
Nokia Oyj View profile 86700 Karakaari 7, Espoo, Finland, FI-02610 https://www.nokia.com
D-Link View profile 1001-5000 Taipei, T'ai-pei, Taiwan, Asia http://www.dlink.com/
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Xiaomi Corp Class B View profile 33627 Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, China, People's Republic of https://www.mi.com
Sony Group Corp ADR View profile 113000 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 https://www.sony.com

India 5g devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g devices market will help companies and investors design strategic landscapes.


Phones was the largest segment with a revenue share of 89.57% in 2024. Horizon Databook has segmented the India 5g devices market based on phones, cpe, modules, hotspots, switches, & routers, laptop, tablets, others (usb modems, in-vehicle routers/modems/hot-spots) covering the revenue growth of each sub-segment from 2019 to 2030.


The growth of the India 5G devices market can be attributed to several transformative factors, including rapid urbanization, increasing industrial activity, and a surge in infrastructure development projects across the country.

These advancements are further bolstered by India's expanding economy, which necessitates significant technological upgrades to support emerging industries and services. The demand for 5G-enabled devices is being driven by the increasing penetration of high-speed internet services and the rising adoption of advanced digital technologies in sectors such as education, healthcare, manufacturing, and retail.

Additionally, India’s burgeoning middle class, coupled with a growing base of tech-savvy consumers, is accelerating the adoption of next-generation smartphones, Internet of Things (IoT) devices, and wearable technology.

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Horizon Databook provides a detailed overview of country-level data and insights on the India 5g devices market , including forecasts for subscribers. This country databook contains high-level insights into India 5g devices market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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India 5g devices market size, by form factor, 2019-2030 (US$M)

India 5G Devices Market Outlook Share, 2024 & 2030 (US$M)

India 5g devices market size, by form factor, 2019-2030 (US$M)

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