The North America 5G Infrastructure Market would witness market growth of 28.4% CAGR during the forecast period (2025-2032).
The US market dominated the North America 5G Infrastructure Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $64,753.2 million by 2032. The Canada market is experiencing a CAGR of 32% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 30% during (2025 - 2032).
This market represents one of the most significant technological advancements of the 21st century, fundamentally altering the manner in which individuals, enterprises, and industries engage and function. With far higher speed, dependability, and efficiency than its predecessors, 5G—the fifth generation of mobile networks—allows for continuous connectivity, extremely low latency, and wide-ranging device communication.
With far higher speed, dependability, and efficiency than its predecessors, 5G—the fifth generation of mobile networks—allows for continuous connectivity, extremely low latency, and wide-ranging device communication. Governments, telecom providers, and enterprises are heavily investing in deploying 5G networks to enhance communication, drive automation, and support next-generation technologies like artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), and autonomous vehicles.
The U.S. Department of Transportation (U.S. DOT) has allocated nearly $350 million in public and private investments to support the development of advanced transportation technologies and smart city infrastructure, leveraging 5G networks for real-time data exchange and intelligent mobility solutions. As part of the Smart City Challenge, the department committed up to $40 million to a winning city to transform urban transportation using 5G connectivity and IoT solutions. The Mexican government has also prioritized 5G development in the transportation sector, with investments in smart road systems, real-time traffic management, and AI-driven logistics tracking. The IFT (Federal Telecommunications Institute) has facilitated 5G spectrum allocations, enabling providers such as Telcel and AT&T Mexico to expand high-speed connectivity nationwide, boosting the country’s position in next-generation digital transformation. Hence, these factors will aid in the growth of the market.
Free Valuable Insights: The 5G Infrastructure Market is Predict to reach USD 302.32 Billion by 2032, at a CAGR of 29.2%
Based on Type, the market is segmented into Private, and Pubic. Based on Component, the market is segmented into Hardware (Radio Access Network (RAN), Core Network, Backhaul & Transport, and FrontHaul & MidHaul), and Services (Implementation & Integration, Consulting, and Support, Maintenance & Others). Based on Spectrum, the market is segmented into Sub-6 GHz, and mmWave. Based on Network Architecture, the market is segmented into Non-standalone, and Standalone. Based on Vertical, the market is segmented into Enterprise & Corporate, Residential, Industrial, Transportation & Logistics, Smart City, Energy & Utility, Public Safety & Defense, Healthcare Facilities, and Retail & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type
By Component
By Spectrum
By Network Architecture
By Vertical
By Country
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