Technology & Media
The global 5G infrastructure market size reached US$ 10.4 Billion in 2023. As per the analysis by IMARC Group, the top 5G infrastructure companies are heavily investing in providing IoT solutions, such as Intel and Qualcomm, due to the integration of the Internet of Things (IoT) among a wide range of interconnected devices that communicate with each other to perform various tasks. Additionally, the growing popularity of 5G technology due to its faster and more reliable mobile broadband services, is also significantly supporting the top companies. Due to its higher bandwidth and lower latency, 5G supports various data-intensive applications, such as high-definition video streaming, virtual reality, and online gaming, further impelling leading players to provide funding for the overall development of 5G infrastructures. Along with this, the widespread adoption of 5G technology to automate industrial processes, such as factory automation and robotics, and enable real-time communication between machines, allowing for greater efficiency and productivity, is driving the market. In addition, several key players are offering smart city solutions to capitalize on the 5G infrastructure as it aids in more efficient transportation systems, better energy management and improved public safety are acting as growth-inducing factors. Apart from this, the emergence of virtual and augmented reality technologies can be expanded to include more realistic and immersive experiences, such as virtual training, remote surgery, and gaming, which is considered as another growth-inducing factor. Furthermore, the integration of 5G technology in edge computing to enable faster processing and response times in applications, such as autonomous vehicles and drones, is creating a positive market outlook. Some of the other factors driving the market include rapid digitization and continual technological advancements. Looking forward, IMARC Group expects the market to reach US$ 258.0 Billion by 2032, exhibiting a growth rate (CAGR) of 42.94% during 2024-2032.
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The global 5G infrastructure market has several major players including Airspan Networks Inc., AT&T Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Mavenir Systems Inc. (Comverse Technology), NEC Corporation, Nokia Oyj, Oracle Corporation, Telefonaktiebolaget L M Ericsson and ZTE Corporation. More information about these companies has been provided below.
Establishment: |
1992 |
Headquarters: |
Florida, United States |
Website: |
http://www.airspan.com |
Airspan Networks Inc. is a global provider of 4G and 5G wireless network solutions for mobile operators, cable and internet service providers, and private network operators. Its products and services are used by numerous mobile operators, cable and internet service providers, and private network operators worldwide. Its customers include tier-one mobile operators, as well as cable and internet service providers. The company's flagship product is its Air5G platform, which is a fully virtualized, cloud-native, 5G-ready platform that supports both sub-6 GHz and mmWave frequency bands. It also offers a range of other wireless solutions, including its AirUnity small cell, AirHarmony backhaul solution, and AirVelocity core network solution. Moreover, it is committed to advancing the development and deployment of open, interoperable wireless network solutions.
Establishment: |
1983 |
Headquarters: |
Texas, United States |
Website: |
http://www.att.com |
AT&T Inc. is an American multinational telecommunications conglomerate that is one of the largest telecommunications providers in the world. It offers a range of services, such as wireless, wireline, internet, and TV services. Its services are primarily focused on telecommunications and include wireless, wireline, internet, and TV services. The company offers mobile services through its AT&T Wireless brand, which is one of the largest wireless providers in the United States. It also offers enterprise services, such as cloud computing, cybersecurity, and network solutions, to businesses of all sizes. It aims to help organizations improve productivity, reduce costs, and stay connected. The company has responded by focusing on its wireless and enterprise businesses, investing in 5G infrastructure, and divesting non-core assets.
Establishment: |
1984 |
Headquarters: |
California, United States |
Website: |
http://www.cisco.com |
Cisco Systems Inc. is a multinational technology company that is a leading provider of networking equipment, software, and services. Its primary business is the design, manufacturing, and sale of networking equipment, including routers, switches, and network security devices. The company's products are used by businesses and organizations of all sizes to connect and manage their networks, both locally and globally. Additionally, it is investing heavily in developing technologies and solutions to help telecommunications providers deploy and manage 5G networks, which are expected to be faster, more reliable, and more secure than previous generations of wireless networks. Its portfolio of 5G solutions includes products for network architecture, edge computing, and security, all of which are critical components of 5G infrastructure.
Establishment: |
1997 |
Headquarters: |
New Territories, Hong Kong |
Website: |
http://www.comba-telecom.com |
Comba Telecom Systems Holdings Limited is a telecommunications company that provides innovative and comprehensive wireless solutions and services to global customers. It specializes in designing, manufacturing, and supplying wireless products and solutions to telecom operators, enterprise customers, and government agencies. Its portfolio of products includes base station antennas, wireless access points, distributed antenna systems (DAS), repeaters, and other wireless infrastructure solutions. The company's products are used for a wide range of applications, including indoor and outdoor coverage, in-building wireless, smart cities, public safety, and transportation. Additionally, it is also involved in the development of cutting-edge technologies such as 5G, the Internet of Things (IoT), and artificial intelligence (AI). The company is dedicated to advancing these technologies and providing its customers with the latest solutions to meet their evolving needs. It is also committed to sustainability and corporate social responsibility.
Establishment: |
2015 |
Headquarters: |
Texas, United States |
Website: |
http://hpe.com |
Hewlett Packard Enterprise (HPE) Company is an American multinational technology company that specializes in providing technology solutions, software, and services to businesses, governments, and institutions. It operates in four main segments, such as hybrid IT, intelligent edge, financial services, and corporate investments. Additionally, it is actively involved in the development of 5G infrastructure and has positioned itself as a leading player in this field. It has been investing heavily in 5G infrastructure and has developed a range of products and solutions designed to help businesses take advantage of this technology. The solution includes a range of features, such as network slicing, which allows operators to create virtual networks tailored to specific use cases, such as IoT or virtual reality. It has also developed a range of hardware products designed specifically for 5G infrastructure, to be deployed at the network edge, where they can provide low-latency processing and analytics.
Establishment: |
1987 |
Headquarters: |
Shenzhen, China |
Website: |
http://www.huawei.com/en/ |
Huawei Technologies Co. Ltd. is a multinational technology company that has grown to become one of the world's leading telecommunications equipment and consumer electronics providers. Its business operations are divided into three main segments, including carrier network business, enterprise business, and consumer business. The company has been at the forefront of developing 5G technology and has been a leading supplier of equipment for 5G networks. Additionally, the company invests heavily in research and development (R&D) activities and is also committed to intellectual property protection, with a significant number of patents granted in fields such as 5G wireless networks, artificial intelligence, and cloud computing.
Establishment: |
2017 |
Headquarters: |
Texas, United States |
Website: |
https://mavenir.com |
Mavenir Systems Inc. is a telecommunications software company that provides cloud-native infrastructure software and solutions for mobile networks. It specializes in providing solutions for 5G networks, which are the next generation of mobile networks that offer faster speeds, lower latency, and greater reliability than previous generations of mobile networks. The company's solutions include virtualized radio access network (RAN), core network, and messaging solutions that enable service providers to deploy 5G networks quickly and efficiently. In addition to its 5G solutions, Mavenir also offers solutions for other mobile networks, including 4G LTE and 3G. Its customers include mobile network operators, virtual network operators, and enterprises that use mobile networks for their operations. Moreover, it is committed to promoting diversity and inclusion in its workforce and has implemented various initiatives to support this goal.
Establishment: |
1899 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.nec.com/en/ |
NEC Corporation is a Japanese multinational information technology and electronics company that operates in a range of industries including telecommunications, IT services, and electronic devices. The company's main business segments are IT solutions, network solutions, electronic devices, and other businesses. It is particularly well-known for its contributions to the development of computers, semiconductors, and telecommunications equipment. Additionally, it has been actively involved in the 5G infrastructure industry, with a focus on developing and delivering advanced technologies to enable the next generation of mobile networks. One of its key strengths in the 5G infrastructure industry is its expertise in network slicing. This technology is critical for the deployment of 5G networks, as it enables operators to support a wide range of use cases and services, from high-bandwidth applications, such as video streaming to low-latency applications.
Establishment: |
1865 |
Headquarters: |
Espoo, Finland |
Website: |
https://www.nokia.com |
Nokia Oyj is a Finnish telecommunications and consumer electronics company that has been a major player in the telecommunications industry. It is a major player in the 5G infrastructure industry, offering a range of products and services that are essential for the development and deployment of 5G networks. Additionally, its product portfolio includes a range of solutions for both mobile operators and enterprises. These solutions include 5G radio access products, which are used to build the base stations and antennas that form the backbone of 5G networks. It also offers 5G transport solutions, which are used to connect the base stations and antennas to the core network. In addition, it provides 5G core solutions, which are used to manage the traffic on the network and provide essential services such as network slicing.
Establishment: |
1977 |
Headquarters: |
Texas, United States |
Website: |
https://www.oracle.com/in/ |
Oracle Corporation is a technology company that provides a wide range of software and cloud-based services to businesses and organizations worldwide. Additionally, it has been actively involved in the development of 5G infrastructure technology, which is expected to revolutionize the telecommunications industry by providing faster and more reliable mobile connectivity. Its involvement in the 5G infrastructure industry includes providing software solutions and services that help telecom companies and other organizations build, operate, and manage 5G networks. One of its key offerings in the 5G infrastructure industry is its 5G core network function (CNF) software. This software is designed to help telecom companies build and operate the core network components of a 5G network, such as the service and control planes. It is also actively involved in industry partnerships and collaborations that are aimed at advancing the development of 5G infrastructure technology.
Establishment: |
1876 |
Headquarters: |
Stockholm, Sweden |
Website: |
https://www.ericsson.com/en |
Telefonaktiebolaget L M Ericsson, commonly known as Ericsson, is a Swedish multinational networking and telecommunications company. In recent years, it has emerged as a leader in the 5G infrastructure industry. The company provides a wide range of products and services to mobile network operators, including 5G radio access network (RAN) equipment, core network solutions, and software for network management and automation. Its 5G RAN equipment is designed to help mobile network operators build out their 5G networks quickly and efficiently. The company offers a range of products, including base stations, antennas, and small cells, that can be customized to meet the specific needs of individual operators. In addition to its RAN equipment, Ericsson also provides core network solutions for 5G networks.
Establishment: |
1985 |
Headquarters: |
Shenzhen, China |
Website: |
http://www.zte.com.cn/global |
ZTE Corporation is a leading Chinese telecommunications equipment company that provides a wide range of 5G infrastructure solutions to service providers worldwide. It has become a major player in the 5G industry, providing innovative solutions to help service providers build the next-generation networks that will transform the way of communication. It offers a comprehensive portfolio of 5G infrastructure products and services, including base stations, antennas, routers, switches, and software. These products are designed to support a wide range of 5G use cases, such as enhanced mobile broadband, massive machine-type communications, and ultra-reliable low-latency communications. Its solutions are also optimized for different deployment scenarios, including indoor and outdoor environments, rural and urban areas, and macro and small cell networks.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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