Global 5g New Radio Market Size & Outlook, 2023-2030
Global 5g new radio market, 2019-2030 (US$M)
Related Markets
Global 5g new radio market highlights
- The global 5g new radio market generated a revenue of USD 42,157.9 million in 2023 and is expected to reach USD 251,367.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 29.1% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 32,183.9 million in 2023.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 42,157.9 million |
| Market revenue in 2030 | USD 251,367.6 million |
| Growth rate | 29.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global 5g new radio market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 3,292.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
5G New Radio Market Scope
5G New Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 5g new radio 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 new radio market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 76.34% in 2023. Horizon Databook has segmented the Global 5g new radio market based on hardware, software, service covering the revenue growth of each sub-segment from 2019 to 2030.
- Global 5G New Radio Offering Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Base Stations
- Customer Premises Equipment (CPE)
- Radio Units
- Antennas
- Others
- Software
- Service
- Hardware
- Global 5G New Radio Operating Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
- Global 5G New Radio Architecture Outlook (Revenue, USD Million, 2019-2030)
- Non-Standalone (NSA)
- Standalone (SA)
- Global 5G New Radio Application Outlook (Revenue, USD Million, 2019-2030)
- enhanced Mobile Broadband (eMBB)
- Ultra-Reliable Low-Latency Communications (URLLC)
- massive Machine-Type Communications (mMTC)
- Global 5G New Radio Industry Outlook (Revenue, USD Million, 2019-2030)
- Telecom & IT
- Manufacturing
- Automotive
- Healthcare
- Retail
- Others (Energy & Utilities, Agriculture)
Reasons to subscribe to Global 5g new radio market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global 5g new radio market databook
-
Our clientele includes a mix of 5g new radio market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global 5g new radio market , including forecasts for subscribers. This global databook contains high-level insights into Global 5g new radio market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global 5g new radio market size, by regions, 2019-2030 (US$M)
Top 10 countries: 5g new radio market size, 2023 (US$M)
Global 5g new radio market share, by offering, 2023 & 2030 (%, US$M)
5g new radio market: Opportunity assessment by country
Global 5g new radio market, by region, 2023 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
