5G Base Station Trends and Forecast
The future of the global 5G base station market looks promising with opportunities in the commercial, industrial, residential, smart city, and government markets. The global 5G base station market is expected to reach an estimated $138.4 billion by 2030 with a CAGR of 21.4% from 2024 to 2030. The major drivers for this market are increase in the need for high bandwidth connections in order to improve functioning, growth of the 5G internet of things and essential communication services, and rise in smart infrastructure solution innovations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
5G Base Station by Segment
The study includes a forecast for the global 5G base station by component type, network architecture, core network, end use industry, and region.
5G Base Station Market by Component Type [Shipment Analysis by Value from 2018 to 2030]:
• Small Cells
• Macro Cells
• Mimo
• Baseband Processing Unit (BPU)
• Remote Radio Unit (RRU)
• Others
5G Base Station Market by Network Architecture [Shipment Analysis by Value from 2018 to 2030]:
• 5G Non-Standalone
• 5G Standalone
5G Base Station Market by Core Network [Shipment Analysis by Value from 2018 to 2030]:
• Software Defined Networking
• Network Function Virtualization
5G Base Station Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
• Government
• Others
List of 5G Base Station Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 5G base station companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 5G base station companies profiled in this report include-
• Airspon Network
• Cisco Systems
• Huawei Technologies
• Marvell
• NEC Corporation
• Nokia
• Qualcomm Incorporated
5G Base Station Market Insights
5G Base Station Market Insights
Lucintel forecasts that small cells is expected to witness the highest growth over the forecast period due to numerous noteworthy characteristics, including affordability, simplicity of installation and greater capacity.
Within this market, commercial will remain the largest segment due to growing need across a range of businesses for dependable and fast wireless communication services, as well as, businesses, corporations, and public areas are served by commercial 5G base station deployments, which offer improved connection that stimulates creativity and productivity.
APAC is expected to witness highest growth over the forecast period due to rapid growth and adoption of 5G technology, increasing penetration of smartphones and other connected devices, as well as, rapid economic development in the region.
Features of the Global 5G Base Station Market
Market Size Estimates: 5G base station market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: 5G base station market size by various segments, such as by component type, network architecture, core network, end use industry, and region in terms of value ($B).
Regional Analysis: 5G base station market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component type, network architecture, core network, end use industry, and regions for the 5G base station market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 5G base station market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the 5G base station market size?
Answer: The global 5G base station market is expected to reach an estimated $138.4 billion by 2030.
Q2. What is the growth forecast for 5G base station market?
Answer: The global 5G base station market is expected to grow with a CAGR of 21.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the 5G base station market?
Answer: The major drivers for this market are increase in the need for high bandwidth connections in order to improve functioning, growth of the 5G internet of things and essential communication services and rise in smart infrastructure solution innovations.
Q4. What are the major segments for 5G base station market?
Answer: The future of the 5G base station market looks promising with opportunities in the commercial, industrial, residential, smart city, and government markets.
Q5. Who are the key 5G base station market companies?
Answer: Some of the key 5G base station companies are as follows:
• Airspon Network
• Cisco Systems
• Huawei Technologies
• Marvell
• NEC Corporation
• Nokia
• Qualcomm Incorporated
Q6. Which 5G base station market segment will be the largest in future?
Answer: Lucintel forecasts that small cells is expected to witness the highest growth over the forecast period due to numerous noteworthy characteristics, including affordability, simplicity of installation and greater capacity.
Q7. In 5G base station market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid growth and adoption of 5G technology, increasing penetration of smartphones and other connected devices, as well as, rapid economic development in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the 5G base station market by component type (small cells, macro cells, mimo, baseband processing unit (BPU), remote radio unit (RRU), and others), network architecture (5G non-standalone and 5G standalone), core network (software defined networking and network function virtualization), end use industry (commercial, industrial, residential, smart city, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to 5G Base Station Market, 5G Base Station Market Size, 5G Base Station Market Growth, 5G Base Station Market Analysis, 5G Base Station Market Report, 5G Base Station Market Share, 5G Base Station Market Trends, 5G Base Station Market Forecast, 5G Base Station Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.