Asia Pacific 5g New Radio Market Size & Outlook, 2023-2030
Asia Pacific 5g new radio market, 2019-2030 (US$M)
Related Markets
Asia Pacific 5g new radio market highlights
- The Asia Pacific 5g new radio market generated a revenue of USD 16,460.1 million in 2023.
- The market is expected to grow at a CAGR of 30% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Software is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 16,460.1 million |
| Market revenue in 2030 | USD 103,054.7 million |
| Growth rate | 30% (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 |
| Key market players worldwide | Huawei Technologies, Qualcomm Inc, Telefonaktiebolaget L M Ericsson ADR, Samsung Electronics Co Ltd, Intel Corp, Cisco Systems Inc, Fujitsu Ltd, NEC Corp, Verizon Communications Inc, Keysight Technologies Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 39.0% of the global 5g new radio market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 103,054.7 million by 2030.
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5G New Radio Market Scope
5G New Radio Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 76.42% in 2023. Horizon Databook has segmented the Asia Pacific 5g new radio market based on hardware, software, service covering the revenue growth of each sub-segment from 2019 to 2030.
- Asia Pacific 5G New Radio Offering Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Base Stations
- Customer Premises Equipment (CPE)
- Radio Units
- Antennas
- Others
- Software
- Service
- Hardware
- Asia Pacific 5G New Radio Operating Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
- Asia Pacific 5G New Radio Architecture Outlook (Revenue, USD Million, 2019-2030)
- Non-Standalone (NSA)
- Standalone (SA)
- Asia Pacific 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)
- Asia Pacific 5G New Radio Industry Outlook (Revenue, USD Million, 2019-2030)
- Telecom & IT
- Manufacturing
- Automotive
- Healthcare
- Retail
- Others (Energy & Utilities, Agriculture)
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Target buyers of Asia Pacific 5g new radio market databook
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Our clientele includes a mix of 5g new radio market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Asia Pacific 5g new radio market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific 5g new radio market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific 5g new radio market size, by country, 2019-2030 (US$M)
Asia Pacific 5G New Radio Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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