Market revenue in 2024 | USD 68.1 million |
Market revenue in 2030 | USD 1,127.8 million |
Growth rate | 59.7% (CAGR from 2024 to 2030) |
Largest segment | Solutions |
Fastest growing segment | Services |
Historical data | 2021 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solutions, Services |
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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 standalone 5g network market will help companies and investors design strategic landscapes.
Solutions was the largest segment with a revenue share of 81.5% in 2024. Horizon Databook has segmented the Canada standalone 5g network market based on solutions, services covering the revenue growth of each sub-segment from 2021 to 2030.
The standalone 5G network market in Canada is poised for significant growth as the country continues its digital transformation journey, with increasing investments in next-generation telecommunications infrastructure.
Canadian telecom operators, including Rogers Communications Canada Inc. and Bell Canada are at the forefront in deploying standalone 5G networks across the country. These companies have already made substantial progress in rolling out non-standalone 5G and are now shifting their focus to the more advanced standalone infrastructure.
The move to standalone 5G is expected to unlock new revenue streams by catering to enterprise needs in sectors like manufacturing, healthcare, transportation, and energy. The Canadian government has been supportive of 5G development, facilitating spectrum auctions for 5G bands, including mid-band spectrum that strikes a balance between coverage and performance.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada standalone 5g network market , including forecasts for subscribers. This country databook contains high-level insights into Canada standalone 5g network market from 2021 to 2030, including revenue numbers, major trends, and company profiles.
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