Asia Pacific 5g Radio Access Network Market Size & Outlook

The 5g radio access network market in Asia Pacific is expected to reach a projected revenue of US$ 30,906.5 million by 2030. A compound annual growth rate of 11.6% is expected of Asia Pacific 5g radio access network market from 2025 to 2030.
Revenue, 2024 (US$M)
$12,698.1
Forecast, 2030 (US$M)
$30,906.5
CAGR, 2025 - 2030
11.6%
Report Coverage
Asia Pacific

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Asia Pacific 5g radio access network market, 2019-2030 (US$M)

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Asia Pacific 5g radio access network market highlights

  • The Asia Pacific 5g radio access network market generated a revenue of USD 12,698.1 million in 2024.
  • The market is expected to grow at a CAGR of 11.6% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.


Asia Pacific data book summary

Market revenue in 2024USD 12,698.1 million
Market revenue in 2030USD 30,906.5 million
Growth rate11.6% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2019 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideTelefonaktiebolaget L M Ericsson ADR, Qualcomm Inc, Nokia Oyj, Rakuten Group Inc, Intel Corp, Samsung Electronics Co Ltd, Verizon Communications Inc, Cisco Systems Inc, Huawei Technologies, VMware


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 41.4% of the global 5g radio access network market in 2024.
  • 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 30,906.5 million by 2030.

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5G Radio Access Network Market Companies

Name Profile # Employees HQ Website
Rakuten Group Inc View profile 30830 4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, Japan, 140-0002 https://www.rakuten.co.jp
Verizon Communications Inc View profile 105400 1095 Avenue of the Americas, New York, NY, United States, 10036 https://www.verizon.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
Nokia Oyj View profile 86700 Karakaari 7, Espoo, Finland, FI-02610 https://www.nokia.com
Telefonaktiebolaget L M Ericsson ADR View profile 99952 Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 https://www.ericsson.com
VMware View profile 10001+ Palo Alto, California, United States, North America https://www.vmware.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Qualcomm Inc View profile 50000 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 https://www.qualcomm.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
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com

Asia Pacific 5g radio access network 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 radio access network market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 84.09% in 2024. Horizon Databook has segmented the Asia Pacific 5g radio access network market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.


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

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Asia Pacific 5g radio access network market size, by country, 2019-2030 (US$M)

Asia Pacific 5G Radio Access Network Market Outlook Share, 2024 & 2030 (US$M)

Asia Pacific 5g radio access network market size, by country, 2019-2030 (US$M)

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