According to a new report, published by KBV research, The Global 5G Infrastructure Market size is expected to reach $302.32 billion by 2032, rising at a market growth of 29.2% CAGR during the forecast period.
The Private segment is poised to grow at a CAGR of 28.9 % during the forecast period. The need for low-latency communication, enhanced security, and dedicated bandwidth is pushing organizations to shift from traditional Wi-Fi and public networks to private 5G solutions. For instance, automotive manufacturers like BMW and Ford utilize private 5G networks for smart factories, enabling robotic automation, predictive maintenance, and digital twin technology.
The Hardware segment captured the maximum revenue in the Global 5G Infrastructure Market by Component in 2024, thereby, achieving a market value of $222.4 billion by 2032. Telecom operators and governments worldwide focused on building a robust 5G infrastructure, which required significant capital spending on essential hardware components such as base stations, radio access networks (RAN), and core networking equipment. The surge in demand for massive MIMO (Multiple Input, Multiple Output) antennas and edge computing hardware further contributed to the dominance of this segment.
The Sub-6 GHz segment is experiencing a CAGR of 28.8 % during the forecast period. Since mid-band frequencies (1 GHz to 6 GHz) provide higher data speeds than low-band frequencies while maintaining strong signal penetration, they have become the preferred choice for telecom operators expanding their 5G networks. Governments and regulatory bodies have accelerated spectrum auctions for sub-6 GHz frequencies, ensuring rapid commercial deployment across regions.
The Non-standalone segment led the maximum revenue in the Global 5G Infrastructure Market by Network Architecture in 2024, thereby, achieving a market value of $158.7 billion by 2032. By utilizing 4G core networks with 5G radio access (RAN), non-standalone (NSA) `provides an efficient and scalable solution for expanding 5G coverage without needing an immediate infrastructure overhaul. This architecture benefits enhanced mobile broadband (eMBB) applications, supporting high-speed data transmission for streaming, gaming, and cloud services.
The Enterprise & Corporate segment is growing at a CAGR of 26.5 % during the forecast period. The enterprise/corporate segment is driven by the increasing need for high-speed, secure, and reliable connectivity to support remote work, cloud computing, AI-driven automation, and digital transformation initiatives. Companies in sectors like finance, IT, consulting, and media require ultra-low latency networks for real-time collaboration, video conferencing, and cloud-based applications.
Full Report: https://www.kbvresearch.com/5g-infrastructure-market/
The Asia Pacific region dominated the Global 5G Infrastructure Market by Region in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $126.3 billion by 2032. The North America region is anticipated to grow at a CAGR of 28.4% during (2025 - 2032). Additionally, The Europe region would witness a CAGR of 28.9% during (2025 - 2032).
By Type
By Component
By Spectrum
By Network Architecture
By Vertical
By Geography