China Private 5g Network Market Size & Outlook, 2023-2030

The private 5g network market in China is expected to reach a projected revenue of US$ 5,419.6 million by 2030. A compound annual growth rate of 56.2% is expected of China private 5g network market from 2024 to 2030.
Revenue, 2023 (US$M)
$239.1
Forecast, 2030 (US$M)
$5,419.6
CAGR, 2024 - 2030
56.2%
Report Coverage
China

China private 5g network market highlights

  • The China private 5g network market generated a revenue of USD 239.1 million in 2023 and is expected to reach USD 5,419.6 million by 2030.
  • The China market is expected to grow at a CAGR of 56.2% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Private 5g network market data book summary

Market revenue in 2023USD 239.1 million
Market revenue in 2030USD 5,419.6 million
Growth rate56.2% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data2020 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideTelefonaktiebolaget L M Ericsson ADR, Nokia Oyj, Samsung Electronics Co Ltd, ZTE Corp Class H, Deutsche Telekom AG, Juniper Networks Inc, AT&T, Verizon Communications Inc, Rakuten Group Inc, Huawei Technologies, Mavenir, BT Group PLC, Cisco Systems Inc, Vodafone Group PLC


Other key industry trends

  • In terms of revenue, China accounted for 11.8% of the global private 5g network market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China private 5g network market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,419.6 million by 2030.

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Private 5G Network Market Companies

Name Profile # Employees HQ Website

China private 5g 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 private 5g network market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 54.29% in 2023. Horizon Databook has segmented the China private 5g network market based on hardware, software, services covering the revenue growth of each sub-segment from 2020 to 2030.


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  • Our clientele includes a mix of private 5g network 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the China private 5g network market , including forecasts for subscribers. This country databook contains high-level insights into China private 5g network market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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China private 5g network market size, by component, 2020-2030 (US$M)

China Private 5G Network Market Outlook Share, 2023 & 2030 (US$M)

China private 5g network market size, by component, 2020-2030 (US$M)

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