5G Infrastructure Market
By Component;
Hardware [Radio Access Network (RAN), Core Network, Backhaul & Transport, Fronthaul and Midhaul] and Services [Consulting, Implementation & Integration, Support & Maintenance and Training & Education]By Type;
Public and PrivateBy Spectrum;
Sub-6 GHz [Low Band and Mid Band] and mmWaveBy Network Architecture;
Standalone and Non-StandaloneBy Vertical;
Residential, Enterprise & Corporate, Smart City, Industrial, Energy & Utility, Transportation & Logistics, Public Safety & Defense, Healthcare Facilities, Retail, Agriculture and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)5G Infrastructure Market Overview
5G Infrastructure Market (USD Million)
5G Infrastructure Market was valued at USD 11,462.39 million in the year 2024. The size of this market is expected to increase to USD 90,796.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 34.4%.
5G Infrastructure Market
*Market size in USD million
CAGR 34.4 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 34.4 % |
Market Size (2024) | USD 11,462.39 Million |
Market Size (2031) | USD 90,796.71 Million |
Market Concentration | Low |
Report Pages | 306 |
Major Players
- Huawei Technologies Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Samsung Electronics Co., Ltd.
- ZTE Corporation
- NEC Corporation
- Cisco Systems, Inc.
- Fujitsu Limited
- CommScope Inc.
- Comba Telecom Systems Holdings Ltd.
- Altiostar
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
5G Infrastructure Market
Fragmented - Highly competitive market without dominant players
The 5G Infrastructure Market is witnessing rapid growth as industries and consumers embrace ultra-fast connectivity. More than 55% of telecom providers have launched extensive 5G deployments, supporting seamless data transfer and advanced digital services. This expansion is reshaping communication standards and driving next-level digital innovation.
Adoption of Virtualized Networks
The rise of network virtualization and software-defined networking is transforming the way enterprises manage connectivity. Roughly 45% of organizations are investing in 5G-compatible systems, allowing for flexible scalability and cost-efficient operations. These developments are critical in enabling IoT adoption and mission-critical solutions.
Boosting IoT and Smart Solutions
With nearly 50% of IoT applications dependent on high-speed, low-latency networks, 5G infrastructure has become indispensable. Its capacity to connect millions of devices simultaneously powers innovations like connected cars, smart manufacturing, and advanced healthcare monitoring. This growth underscores its role in creating sustainable and intelligent ecosystems.
Enterprises Driving Market Growth
More than 40% of enterprises are deploying private 5G networks, prioritizing secure communication and streamlined efficiency. These customized infrastructures support industrial automation, AR/VR applications, and real-time monitoring, enabling businesses to gain a competitive advantage through faster and more reliable connectivity.
5G Infrastructure Market Recent Developments
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In October 2022, Nokia (Finland) announced that it has been selected as a major supplier by Reliance Jio to supply 5G Radio Access Network (RAN) equipment from its comprehensive AirScale portfolio countrywide in a multi,year deal. Under the contract, Nokia will supply equipment from its AirScale portfolio, including base stations, high,capacity 5G Massive MIMO antennas, and Remote Radio Heads (RRH) to support different spectrum bands, and self,organizing network software. Reliance Jio plans to deploy a 5G standalone network which will interwork with its 4G network.
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In October 2022, Ericsson (Sweden) entered into a long,term strategic 5G contract with Indian communications service provider (CSP) Reliance Jio Infocomm Ltd. (Jio) to roll out 5G Standalone (SA) in the country. This is the first partnership between Jio and Ericsson for radio access network deployment in the country.
5G Infrastructure Market Segment Analysis
In this report, the 5G Infrastructure Market has been segmented by Component, Type, Spectrum, Network Architecture, Vertical, and Geography.
5G Infrastructure Market, Segmentation by Component
The Component segmentation includes Hardware and Services. Rapid 5G adoption is driven by the global push toward high-speed connectivity, low-latency communication, and massive IoT deployment. Network modernization initiatives and government-backed infrastructure investments are accelerating hardware upgrades and service integration globally.
Hardware
Hardware forms the backbone of 5G infrastructure, encompassing essential components such as the Radio Access Network (RAN), Core Network, Backhaul & Transport, Fronthaul, and Midhaul. Technological advancements in massive MIMO, beamforming, and edge computing are driving hardware optimization for ultra-reliable and low-latency networks.
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Radio Access Network (RAN)
RAN represents the largest hardware component, enabling wireless communication between user devices and the core network. The evolution toward Open RAN and virtualized RAN (vRAN) architectures promotes vendor interoperability and cost efficiency, driving innovation across telecom ecosystems.
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Core Network
The Core Network manages authentication, mobility, and data routing within the 5G ecosystem. Its shift toward cloud-native architecture ensures flexibility, scalability, and faster service delivery. Integration with network slicing and edge intelligence enhances operational agility.
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Backhaul & Transport
Backhaul & Transport infrastructure links RAN nodes with the core network, providing high-speed, high-capacity data transmission. Fiber optics and microwave technologies dominate, supported by increased demand for 5G backhaul optimization in dense urban environments.
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Fronthaul
Fronthaul connects the centralized and distributed RAN units, ensuring ultra-low latency data transport. The adoption of Cloud-RAN (C-RAN) and open fronthaul interfaces is enabling flexible deployment models for telecom operators.
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Midhaul
Midhaul acts as the intermediary layer between fronthaul and backhaul, optimizing bandwidth allocation and traffic management. As 5G networks expand, midhaul efficiency becomes crucial for maintaining seamless data flow and network reliability.
Services
Services include Consulting, Implementation & Integration, Support & Maintenance, and Training & Education. Service providers play a vital role in guiding network deployment, optimizing performance, and ensuring long-term operational efficiency.
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Consulting
Consulting Services assist telecom operators and enterprises in strategizing network design, selecting technology stacks, and aligning infrastructure with business goals. These services support cost-efficient rollouts and regulatory compliance.
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Implementation & Integration
Implementation & Integration services focus on seamless deployment of 5G infrastructure and interoperability with legacy systems. The rise of multi-vendor ecosystems and software-defined networking (SDN) solutions has increased demand for integration expertise.
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Support & Maintenance
Support & Maintenance ensures network uptime and reliability through continuous monitoring and upgrades. Telecom operators rely on proactive maintenance to minimize downtime and optimize network performance.
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Training & Education
Training & Education services empower workforce skill development and technical awareness for 5G operations. These programs address network automation, AI-based management, and cybersecurity training to sustain innovation.
5G Infrastructure Market, Segmentation by Type
The Type segmentation includes Public and Private networks. The growing demand for dedicated connectivity and network reliability is expanding both deployment models, particularly in industrial automation and enterprise digitalization.
Public
Public 5G Networks are widely deployed by telecom operators to deliver high-speed connectivity to consumers and businesses. Expansion in mobile broadband, IoT, and smart cities continues to drive investments in large-scale public network rollouts across developed and emerging economies.
Private
Private 5G Networks are gaining momentum in industries requiring secure, low-latency communication. Enterprises in manufacturing, logistics, and healthcare adopt private 5G for mission-critical operations and enhanced control over network resources.
5G Infrastructure Market, Segmentation by Spectrum
The Spectrum segmentation includes Sub-6 GHz (comprising Low Band and Mid Band) and mmWave. Spectrum allocation defines network coverage, capacity, and performance, influencing 5G deployment strategies globally.
Sub-6 GHz
Sub-6 GHz frequencies form the foundation of global 5G deployment, offering an optimal balance between coverage and bandwidth. Low band ensures wide-area connectivity, while mid band delivers faster data speeds suitable for urban and suburban deployments.
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Low Band
Low Band provides extensive coverage and deep building penetration, ideal for rural and wide-area applications. Its lower frequency range ensures network stability and cost-efficient nationwide deployment.
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Mid Band
Mid Band combines enhanced speed with moderate coverage, balancing performance and capacity. It is preferred in metropolitan regions to support high user density and emerging IoT ecosystems.
mmWave
mmWave spectrum enables ultra-high-speed data transmission with multi-gigabit throughput. Its use in urban hotspots and industrial automation supports latency-sensitive applications like autonomous vehicles and augmented reality. However, limited coverage range remains a deployment challenge.
5G Infrastructure Market, Segmentation by Network Architecture
The Network Architecture segmentation includes Standalone (SA) and Non-Standalone (NSA) models. Network operators are transitioning from hybrid configurations to full-fledged 5G ecosystems for optimized efficiency and innovation.
Standalone (SA)
Standalone Architecture represents the next evolution in 5G, featuring an independent 5G core that delivers end-to-end connectivity. It supports advanced capabilities like network slicing, ultra-low latency, and massive IoT integration.
Non-Standalone (NSA)
Non-Standalone Architecture utilizes existing 4G infrastructure to accelerate early 5G adoption. It offers a cost-effective migration path and ensures backward compatibility while operators gradually deploy standalone networks.
5G Infrastructure Market, Segmentation by Vertical
The Vertical segmentation includes Residential, Enterprise & Corporate, Smart City, Industrial, Energy & Utility, Transportation & Logistics, Public Safety & Defense, Healthcare Facilities, Retail, Agriculture, and Others. The versatility of 5G supports diverse use cases across consumer, commercial, and industrial domains.
Residential
Residential applications leverage 5G for enhanced broadband access, smart home automation, and immersive entertainment. The proliferation of connected devices and demand for high-definition content are driving network expansion in this sector.
Enterprise & Corporate
Enterprise & Corporate users utilize 5G for cloud computing, remote collaboration, and real-time analytics. Private 5G networks enable enterprises to improve operational agility, data security, and digital transformation outcomes.
Smart City
Smart City initiatives rely on 5G to connect infrastructure, sensors, and public services. High-speed, low-latency networks enhance traffic management, surveillance systems, and energy distribution efficiency.
Industrial
Industrial applications include smart factories and automated production lines. 5G enables machine-to-machine communication and predictive maintenance, improving productivity and reducing operational costs.
Energy & Utility
Energy & Utility sectors adopt 5G for grid monitoring and remote asset management. High-reliability networks ensure continuous operations in renewable energy plants and power distribution networks.
Transportation & Logistics
Transportation & Logistics benefit from 5G’s ultra-low latency for autonomous navigation and fleet optimization. The integration of vehicle-to-everything (V2X) communication supports smart mobility and safety enhancements.
Public Safety & Defense
Public Safety & Defense rely on 5G for real-time communication and situational awareness. High-speed networks support secure data transmission for surveillance, emergency response, and national security operations.
Healthcare Facilities
Healthcare Facilities leverage 5G for remote surgeries, telemedicine, and IoT-enabled patient monitoring. Enhanced data transmission speed ensures reliable connectivity for critical health infrastructure.
Retail
Retail applications utilize 5G for smart inventory management, AI-driven analytics, and personalized customer experiences. Retailers are using augmented reality (AR) and immersive shopping environments to boost engagement.
Agriculture
Agriculture uses 5G for precision farming, drone-based monitoring, and IoT soil analysis. Reliable connectivity enhances yield optimization and supports sustainable agricultural practices.
Others
The Others category includes applications in education, entertainment, and tourism where real-time data streaming and automation are reshaping consumer experiences.
5G Infrastructure Market, Segmentation by Geography
In this report, the 5G Infrastructure Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America leads the 5G Infrastructure Market due to high investment from telecom giants like Verizon, AT&T, and T-Mobile. The U.S. is pioneering mmWave spectrum deployment and smart city initiatives, while Canada focuses on rural connectivity expansion under government-funded programs.
Europe
Europe exhibits steady growth driven by collaborative 5G projects across the EU and stringent focus on network security and industrial digitization. The region’s regulatory alignment supports balanced adoption across public and private sectors.
Asia Pacific
Asia Pacific dominates in terms of infrastructure deployment, led by China, Japan, and South Korea. Rapid urbanization, strong government initiatives, and investments in smart manufacturing and IoT ecosystems are driving regional expansion. India’s 5G rollout is expected to accelerate with new spectrum allocations.
Middle East & Africa
Middle East & Africa are emerging hubs for 5G development, especially in the UAE, Saudi Arabia, and South Africa. Strategic partnerships between telecom operators and governments are fostering smart infrastructure development and public safety projects.
Latin America
Latin America is gradually advancing, with Brazil and Mexico leading early commercial deployments. Growing investments in telecom modernization and enterprise 5G applications are expected to drive market penetration across the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global 5G Infrastructure Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities
Drivers:
- Increasing Demand for High-Speed Data Services
- Emergence of Industry 4.0 and Smart Cities
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Government Support and Investments: Governments worldwide are increasingly recognizing the transformative potential of 5G technology and are actively involved in supporting its rollout. Through regulatory reforms, funding initiatives, and spectrum auctions, governments are playing a crucial role in facilitating the expansion of 5G infrastructure. Regulatory reforms are aimed at creating an enabling environment for 5G deployment by streamlining bureaucratic processes, removing barriers to entry, and ensuring fair competition among telecom operators. These reforms may include the simplification of permit procedures for the installation of new infrastructure, the development of guidelines for spectrum allocation, and the establishment of standards for interoperability and security. Governments are allocating substantial funds to support the development of 5G networks, particularly in underserved or rural areas where private investment may be lacking. These funds may be directed towards building out infrastructure, subsidizing equipment costs for telecom operators, or providing incentives for research and development in 5G technology. By investing in 5G infrastructure, governments aim to bridge the digital divide, improve access to high-speed internet services, and spur economic development in their respective countries.
Governments are actively involved in spectrum management through auctions and allocations, ensuring that sufficient radio frequencies are available for 5G networks. Spectrum auctions generate significant revenue for governments while also promoting efficient spectrum use and encouraging investment in network infrastructure. By overseeing spectrum allocation, governments can coordinate the rollout of 5G networks, minimize interference between operators, and ensure the optimal use of available resources. Government support and investment play a pivotal role in driving the expansion of 5G infrastructure by providing the necessary regulatory framework, financial resources, and spectrum allocation mechanisms. By enhancing digital connectivity, promoting innovation, and fostering economic growth, governments aim to maintain competitiveness in the global digital landscape and unlock the full potential of 5G technology for their citizens and industries.
Restraints:
- High Initial Investment Costs
- Challenges in Spectrum Availability
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Technological Challenges and Interoperability Issues: The transition to 5G brings forth a myriad of technical complexities that necessitate careful attention and strategic planning. One of the foremost challenges is interoperability, as 5G networks need to seamlessly integrate with existing network technologies such as 4G LTE and Wi-Fi. Ensuring compatibility across different generations of networks, devices, and protocols is crucial for a smooth transition and optimal user experience. This interoperability challenge requires thorough testing, validation, and possibly the development of new standards to facilitate seamless communication and handover between networks.
Cybersecurity concerns loom large in the transition to 5G. The increased connectivity and massive volume of data transmitted over 5G networks make them more susceptible to cyber threats and attacks. Securing 5G infrastructure, devices, and data against malicious actors requires robust cybersecurity measures, including encryption, authentication, intrusion detection, and continuous monitoring. Addressing cybersecurity risks demands collaboration among stakeholders, including telecom operators, technology vendors, regulatory bodies, and government agencies, to establish comprehensive security frameworks and best practices. The need for standardized protocols presents another layer of complexity in the deployment of 5G networks. Standardization ensures interoperability, reliability, and scalability across diverse network environments and equipment from different vendors. However, developing and implementing standardized protocols for 5G involves extensive research, consensus-building, and testing within international standards organizations such as the 3rd Generation Partnership Project (3GPP). Delays or discrepancies in standardization efforts can hinder interoperability, increase implementation costs, and create fragmentation in the 5G ecosystem. Therefore, industry collaboration and adherence to established standards are essential to overcome interoperability challenges and realize the full potential of 5G technology.
Opportunities:
- Expansion of IoT Ecosystem
- Rise of Edge Computing
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Vertical Industry Adoption: The integration of 5G technology holds immense promise for a wide range of vertical industries, paving the way for unprecedented levels of innovation and efficiency. In the automotive sector, for instance, 5G-enabled connectivity can revolutionize vehicle-to-vehicle communication, autonomous driving capabilities, and real-time traffic management systems. This not only enhances road safety but also opens up new opportunities for connected services, predictive maintenance, and personalized in-car experiences, driving demand for specialized network solutions tailored to the automotive ecosystem. The healthcare industry stands to benefit significantly from the deployment of 5G networks, which enable high-bandwidth, low-latency communication essential for telemedicine, remote patient monitoring, and virtual consultations. With 5G, healthcare providers can deliver advanced medical services, such as remote surgeries and augmented reality-assisted procedures, with unprecedented precision and efficiency. Moreover, the proliferation of IoT-enabled medical devices and wearables, coupled with 5G connectivity, enables seamless data collection, analysis, and real-time insights, empowering healthcare professionals to deliver personalized and timely care to patients.
In the media and entertainment sector, 5G technology offers transformative opportunities for content delivery, immersive experiences, and interactive storytelling. With 5G's ultra-fast speeds and low latency, users can enjoy high-definition video streaming, augmented reality (AR), and virtual reality (VR) applications on their mobile devices or smart TVs without buffering or lag. This creates new avenues for content creators, distributors, and advertisers to engage audiences with rich, interactive experiences, driving demand for specialized network infrastructure and services tailored to the media and entertainment industry. In the retail sector, 5G technology facilitates seamless omnichannel experiences, personalized shopping journeys, and real-time inventory management. With 5G-enabled IoT devices and sensors, retailers can track customer foot traffic, analyze purchasing behavior, and optimize store layouts in real-time. Enhanced connectivity also enables innovative solutions such as cashier-less stores, augmented reality product visualization, and immersive shopping experiences, driving footfall, sales, and customer loyalty. As vertical industries embrace digital transformation and capitalize on the capabilities of 5G technology, there will be a growing demand for tailored network solutions, specialized infrastructure, and industry-specific applications, presenting lucrative opportunities for vendors and service providers in the 5G ecosystem.
5G Infrastructure Market Competitive Landscape Analysis
5G Infrastructure Market is defined by intense competition where leading players pursue aggressive strategies involving partnerships, collaboration, and targeted expansion. The industry is witnessing rapid growth, with over 70% of market participants aligning investments toward advanced solutions to strengthen competitive positioning and sustain long-term advantages.
Market Structure and Concentration
The market exhibits a moderately concentrated structure, where nearly 60% of the share is held by top-tier providers. Companies focus on merger activity and strategic alliances to enhance market reach. This concentration indicates a trend toward consolidation, with firms leveraging innovation and competitive scale to maintain leadership positions.
Brand and Channel Strategies
Brand differentiation and effective channel strategies remain pivotal, as over 55% of enterprises emphasize diversified distribution and localized branding. Strong partnerships with telecom operators and digital solution providers amplify visibility. Market leaders integrate brand positioning with value-driven collaborations to secure long-term growth prospects.
Innovation Drivers and Technological Advancements
More than 65% of the industry’s progress stems from technological advancements such as network virtualization, edge computing, and spectrum efficiency. Firms emphasize innovation through R&D investments and collaborative strategies. These developments enable faster deployment and sustain the expansion of next-generation infrastructure, fostering a resilient competitive edge.
Regional Momentum and Expansion
Regional markets contribute unevenly, with over 50% of expansion initiatives concentrated in Asia-Pacific due to accelerated network rollouts. Strategic partnerships with regional operators drive coverage and adoption. Similar growth patterns are observed in North America and Europe, where regulatory backing and collaboration fuel infrastructure development.
Future Outlook
The future outlook suggests sustained growth, with nearly 75% of players planning deeper collaboration and cross-industry partnerships. Continued focus on technological advancements and network innovation will shape competitive dynamics. Expansion strategies aligned with digital transformation agendas indicate that long-term competition will intensify across regional and vertical markets.
Key players in 5G Infrastructure Market include
- Huawei Technologies
- Ericsson
- Nokia
- ZTE
- Samsung Networks
- Cisco Systems
- NEC Corporation
- Fujitsu
- Mavenir
- Rakuten Symphony (incl. Altiostar)
- CommScope
- Juniper Networks
- Ciena
- Hewlett Packard Enterprise (HPE)
- Oracle
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Type
- Market Snapshot, By Spectrum
- Market Snapshot, By Network Architecture
- Market Snapshot, By Vertical
- Market Snapshot, By Region
- 5G Infrastructure Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for High-Speed Data Services
- Emergence of Industry 4.0 and Smart Cities
- Government Support and Investments
- Restraints
- High Initial Investment Costs
- Challenges in Spectrum Availability
- Technological Challenges and Interoperability Issues
- Opportunities
- Expansion of IoT Ecosystem
- Rise of Edge Computing
- Vertical Industry Adoption
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- 5G Infrastructure Market, By Component, 2021 - 2031 (USD Million)
- Hardware
- Radio Access Network (RAN)
- Core Network
- Backhaul & Transport
- Fronthaul
- Midhaul
- Services
- Consulting
- Implementation & Integration
- Support & Maintenance
- Training & Education
- Hardware
- 5G Infrastructure Market, By Type, 2021 - 2031 (USD Million)
- Public
- Private
- 5G Infrastructure Market, By Spectrum, 2021 - 2031 (USD Million)
- Sub-6 GHz
- Low Band
- Mid Band
- mmWave
- Sub-6 GHz
- 5G Infrastructure Market, By Network Architecture, 2021 - 2031 (USD Million)
- Standalone
- Non-Standalone
- 5G Infrastructure Market, By Vertical, 2021 - 2031 (USD Million)
- Residential
- Enterprise & Corporate
- Smart City
- Industrial
- Energy & Utility
- Transportation & Logistics
- Public Safety & Defense
- Healthcare Facilities
- Retail
- Agriculture
- Others
- 5G Infrastructure Market, By Geography, 2023 - 2033 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- 5G Infrastructure Market, By Component, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Huawei Technologies
- Ericsson
- Nokia
- ZTE
- Samsung Networks
- Cisco Systems
- NEC Corporation
- Fujitsu
- Mavenir
- Rakuten Symphony (incl. Altiostar)
- CommScope
- Juniper Networks
- Ciena
- Hewlett Packard Enterprise (HPE)
- Oracle
- Company Profiles
- Analyst Views
- Future Outlook of the Market