5G Equipment Market To Grow 65.6% YoY From 2022 To 2023: The Rollout Of 5G Networks Will Drive The Growth | Jobs Reply

NEW YORK , December 13, 2022 /PRNewswire/ —

Technavio has announced its latest market research report titled Global 5G Equipment Market 2023-2027

Technavio has announced its latest market research report titled Global 5G Equipment Market 2023-2027

5G Devices Market Insights –

  • Offerer: 15+, including Airspan Networks Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd. , Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., among others

  • Cover: master market analysis; Main drivers, main trends and challenges; customer and supplier landscape; Insights into vendor products and current developments; major providers; and market positioning of providers

  • Segments: Product, End User and Geography

To learn more about the 5G device market, Request sample report

In 2017, the market for 5G devices was evaluated $466.21 million. From a regional perspective North America held the largest market share, rated at $159.73 million. That 5G Equipment Market Size is estimated to grow $56,716.75 million from 2022 to 2027 at a CAGR of 66.5% according to Technavio.

5G Equipment Market customer landscape

To help companies evaluate and develop growth strategies, the report outlines:

  • Important purchase criteria

  • adoption rates

  • adoption life cycle

  • Drivers of price sensitivity

  • For customer landscape analysis highlights, Download a sample report!

5G Devices Market – Vendor Insights

The global market for 5G devices is fragmented. The market consists of a limited number of players selling essential components required to build a 5G network. Many players operating in the market provide components used in 3G/4G networks and offer generic components. The market is still developing and vendors are still conducting commercial testing in many countries and regions. Since the establishment of the 5G network requires government approval, for which offers are announced, competition among providers is fierce.

Providers compete on the basis of service and quality apart from providing innovative products. Due to a high level of innovation, providers invest in research and development and gain a competitive advantage in the forecast period. Technavio report analyzes the market competitive landscape and provides information about several market vendors including –

  • Altiostar – The company offers 5G devices such as Span macro cells, small cells and massive MIMO solutions.

  • Analog Devices Inc. – The company offers 5G devices such as 5G mmW RF front-end ICs from 24GHz to 48.2GHz.

  • Cisco Systems Inc. – The company offers 5G equipment such as Open vRAN Ecosystem for 5G.

5G Equipment Market – Market Dynamics

Important Drivers:

  • Introduction of 5G networks for smart cities

  • Increasing adoption of smartphones and demand for better connectivity

  • Government initiatives for high-speed network connectivity

Key challenge:

  • Energy Efficiency Challenges in 5G Small Cell Networks

  • Cyber ​​security breach threat

  • High deployment costs of 5G technology

Drivers and challenges are affecting market dynamics which may impact businesses. For more insights see a sample report!

The 5G Devices Market report provides key information and facts along with a qualitative and quantitative study of the market based on market drivers and restraints and future prospects.

Why buy?

  • Add credibility to strategies

  • Analyze the offers of the competition

  • Get a holistic view of the market

Increase your profit margins with Technavio – Buy the report

What are the key dates covered in this 5G Devices Market Report?

  • CAGR of the market during the forecast period.

  • Detailed information on factors that will propel the growth of the global 5G Devices market between 2023 and 2027

  • Precisely estimate the size of the 5G equipment market and its contribution to the parent market.

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Cross-Industry Growth of 5G Equipment Market North America, EuropeAPAC, South Americaand the middle East and Africa

  • A thorough analysis of the competitive landscape of the market and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of the 5G Equipment market vendors

Related reports:

  • That 5G MmWave Technology Market Size is expected to increase $674.1 million from 2021 to 2026, and the growth momentum of the market will accelerate at a CAGR of 31.8%. Increasing demand for high-speed networks is particularly driving the market growth of 5G MmWave technology, although factors such as uncertain economic conditions may hamper the market growth.

  • That 5G test equipment market is estimated at a CAGR of 7.84% between 2022 and 2027. The size of the market is expected to increase by $515.76 million. Increasing demand for enhanced network capacity to access connected services is particularly driving the market growth, although factors such as challenges related to the rollout of 5G technology may hamper the market growth.

Size of the market for 5G devices

report coverage


page number


base year


historical period


forecast period


Growth Dynamics & CAGR

Accelerate with a CAGR of 66.5%

Market growth 2023-2027

$56716.75 million

market structure


YoY growth 2022-2023 (%)


Regional Analysis

North America, Europe, APAC, Middle East & Africa and South America

make a market contribution

North America at 32%

key countries

USA, China, South Korea, Japan and Great Britain

competitive landscape

Leading Vendors, Vendor Market Positioning, Competitive Strategies, and Industry Risks

Important companies in profile

Airspan Networks Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinite Electronics Inc ., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd. and ZTE Corp.

market dynamics

Root market analysis, market growth triggers and barriers, fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics and market condition analysis for the forecast period.

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Table of Contents:

1. Summary

2 market landscape

3 market size

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End User

8 customer landscape

9 Geographical Landscape

10 drivers, challenges and trends

11 provider landscape

12 Vendor Analysis

13 Appendix

About Technavio

Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.


Technavio Research
Jess Maida
Media and Marketing Executive
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E-mail: media@technavio.com
Website: www.technavio.com/

Global 5G Devices Market 2023-2027

Global 5G Devices Market 2023-2027



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