Global 5G infrastructure Market Size Likely to Surpass at a CAGR of 31.6% By 2034

5G infrastructure Market Size

As per the 5G Infrastructure Market size analysis conducted by the CMI Team, the global 5G infrastructure market is expected to record a CAGR of 31.6% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 43.50 Billion. By 2034, the valuation is anticipated to reach USD 675.9 Billion.

5G infrastructure Market Overview

As per the industry experts at CMI, The market for 5G infrastructure is expanding at a very rapid rate owing to the growing demand for low-latency, high-speed networks in industries. Market leaders such as Huawei, Ericsson, Nokia Networks, and Samsung are spearheading global efforts through future-proof base stations, small cells, and network virtualization investments. Governments are driving infrastructure development through public-private partnerships and spectrum auctions.

From intelligent Asian cities to North American and European factories, 5G deployments are accelerating to fuel automation, IoT, and real-time data processing—making it the center of the world’s digital revolution. The symbiotic marriage of edge computing and AI is also boosting the scalability and performance of 5G networks. As competition heightens, companies are turning to regional alliances and innovation in an attempt to reap emerging market potential.

5G infrastructure Market Growth Factors and Dynamics

• Exploding Mobile Data Demand: The sheer increase in mobile data usage, driven by applications such as video streaming, online gaming, and working remotely, necessitates the deployment of next-generation 5G networks. With increased data speeds, lower latency, and greater capacity, 5G networks are required to handle this skyrocketing demand. For example, in March 2025, Nokia’s new MBiT report reveals three times year-over-year growth in 5G data traffic in India during 2024, fueled by fast network growth, increased adoption of affordable 5G smartphones, and healthy growth in Category B and C circles. 5G now accounts for 35.5% of mobile data traffic, having grown from 14.8% in 2023, and will surpass 4G by mid-2026. While 5G subscribers are projected to grow from 290 million in 2024 to 770 million by 2028, and fixed wireless access is gathering momentum, India is emerging as a global leader in data usage, with average monthly usage per 5G subscriber reaching 40 GB.

• IoT Device Expansion: The Internet of Things (IoT) is booming exponentially and is transforming industries by connecting many types of devices, from home appliances to advanced industrial machinery, to the internet. The expansion requires high-performance networks that can accommodate the massive number of IoT devices without compromising efficiency and reliability. 5G networks, with their ability to accommodate huge device bases, ultra-low latency, and energy efficiency, are poised to enable this IoT revolution. Through enabling faster communication and better network management, 5G simplifies the integration of IoT applications across industries such as healthcare, automotive, manufacturing, and smart cities and thus accelerates the digital transformation process across industries.

• Medical Innovations: 5G is transforming medicine through applications including remote surgery, telemedicine, and live patient monitoring. Its high-speed, low-latency, and assured connectivity are essential for these innovations to succeed, enhancing patient outcomes and care access. For instance, in February 2024, Huawei launched its Medical Technology Digitalization Solution at MWC Barcelona 2024 to drive healthcare digitalization with an emphasis on pathology and medical imaging innovation, such as SmartCache for speeding up image retrieval and a tailor-made compression algorithm to reduce storage. The solution also facilitates smooth remote diagnosis via video-network synergy and has already improved hospital efficiency in countries like Ruijin Hospital and Shenzhen. Huawei also launched enhanced smart ward, campus, and multi-branch hospital management solutions based on cloud, network, edge, and device technologies. It has so far supported more than 5,000 medical institutions in 110+ countries and regions.

Report Scope

5G infrastructure Market SWOT Analysis

• Strengths: The demand for 5G infrastructure is fueled by its revolutionary potential—ultra-low latency, increased bandwidth, and massive device connectivity. These allow 5G to be at the center of making innovations such as autonomous vehicles, Industry 4.0, and telemedicine possible. Companies like Huawei, Ericsson, Nokia, and Samsung provide robust end-to-end network solutions, while cloud vendors like AWS and Azure simplify deployment with 5G-as-a-Service solutions. Strategic foreign investments, rapid standardization, and public-private partnerships also support scalable growth in strategic industries and geographies.

• Weaknesses: High deployment cost and infrastructure upgrade complexity are the greatest challenges to the market. Building high-density small cell networks, especially in rural or poor communities, is time-consuming and labour-intensive. Global fragmentation in spectrum allocation and regulatory issues are among the factors that drive rollouts. Interoperability problems between vendors and a lack of skilled staff in developing economies also hinder the pace of 5G adoption.

• Challenges: The increasing need for smart city applications, autonomous, remote industrial operations, and immersive media like AR/VR offers enormous opportunities to 5G. Expansion in private 5G networks in manufacturing, mining, and logistics increases the revenues even more. Digitalization is being fueled by emerging economies, and India, Brazil, and regions of Africa are launching national 5G strategies. Additionally, a partnership between telecommunication operators and hyperscalers is driving edge innovations.

• Threats: Geopolitical tensions and trade embargos—primarily China’s Huawei—are actual threats to global 5G supply chains and partnerships. Cybersecurity threats in the guise of infrastructure compromise or data theft are an adoption and trust risk. Further, alternative technologies such as satellite internet (e.g., Starlink) represent a threat of disruption of traditional 5G business models. Lastly, public outcry in certain regions due to ongoing disinformation regarding the health dangers of 5G radiation remains a risk.

List of the prominent players in the 5G infrastructure Market:

• Huawei
• Ericsson
• Nokia Networks
• Samsung
• Cisco Systems Inc.
• CommScope
• ZTE
• NEC
• Comba Telecom Systems
• Siklu Communication
• Mavenir
• Others

The 5G infrastructure Market is segmented as follows:

By Communication Infrastructure

• Small Cell
• Macro Cell
• RAN
• DAS

By Core Network Technology

• Software-Defined Networking (SDN)
• Network Function Virtualization (NFV)

By Network Architecture

• Standalone
• Non-Standalone

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America