5G Base Station Market Size was valued at USD 27.70 billion in 2021. The 5G Base Station industry is projected to grow from USD 35.50 Billion in 2022 to USD 145.20 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 19.3% during the forecast period (2024 - 2030). Growing trend of using interconnected devices and increasing demand for 5G infrastructure across various industry verticals are driving the market growth.
Figure 1: 5G Base Station Market Size, 2022-2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The telecommunications sector is at a primitive stage in the implementation of 5G. The advancement of cellular network technology has enabled users to experience faster data speeds and lower latency. It has led to a rapid increase in the use of data-intensive services and applications. Consumer demand for video and business has driven significant growth in the amount of data provided by cellular networks. However, speed is the benchmark for the performance of wireless networks. It refers to the total amount of digital information transmitted between two devices over a single channel within a given time. 5G would be able to hold a huge amount of data and transmit it even faster than 4G LTE.
5G provides significantly lower latency with a prompter response and can offer an overall more reliable customer interface such that traffic speeds remain reliably high—even as devices are switched. The 5G network significantly improves mobile Internet. IT & telecommunications firms have come up with a new, higher-band spectrum that could offer greater bandwidth and speed. 5G networks provide enhanced bandwidth, continuous access, greater capacity, and the potential to support new features and services that can improve and extend the use of mobile devices for customers and enterprises.
The worldwide pandemic of COVID-19 has significantly impacted industries around the world. As many countries, states, and cities around the world closed their doors and forced the public and residents to stay inside, internet use has increased dramatically, which has resulted in the need for 5G becoming even more apparent. Because many organizations work from home and hold interactive meetings online. Hence, reliability and better communication are crucial. In the healthcare sector, the adoption of 5G networks is increasing due to the use of robots in specialized patient care, the use of drones, and machine vision for vital patient care and containment. In the manufacturing sector, for remotely assisted production and field service applications, AR and VR technology has increased, which requires a high-quality network.
Russia's invasion of Ukraine and the ongoing effects of the pandemic had a negative and unclear impact on the world economy. Many of the downside risks mentioned in April World Economic Outlook have started to manifest. The world's financial conditions have become more rigid due to higher-than-expected inflation, particularly in the United States and major European nations. With COVID-19 outbreaks and lockdowns, China's recession has been greater than expected, and the conflict in Ukraine has had further detrimental effects.
The 5G base station segmentation, based on type, includes macro and small. In terms of 5G base station revenue, the macro segment accounted for the largest market share, as macro cells are key components of radio communication systems, which have a very significant radio range for the cellular network. It is a wireless base station that transmits and receives radio signals through large towers and antennas. These base stations can range anywhere from 50 to 200 feet high and provide wireless coverage for miles.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
April 2022, Nokia and Karel, a Turkish electronics company, agreed to collaborate on the development of 4G and 5G base stations in Turkey. By the middle of 2022, the businesses planned to begin building 4G base stations for the local market. With 5G projected to go commercial in Turkey in 2023, 5G base stations are likely to be included in local manufacture.
Based on application, the 5G base station industry has been segmented into industrial IoT, smart cities, smart homes, smart farming, autonomous driving, and others. The industrial IoT segment accounted for the largest market share in 2021, accounting for XX% of total sales, and is predicted to increase significantly during the forecast period. Industrial IoT is a dynamic architecture that incorporates sensors, networking, data storage, edge computing, and advanced analytics throughout its domains. Industrial IoT has become wireless whenever possible, resulting in cost savings, greater versatility, and more mobility than wired links. Industrial IoT builds on prior systems such as SCADA, telemetry, and industrial control. It will include existing operational technology (OT) sensors and many specific protocols, such as MODBUS, Bacnet, and PROFINET. 5G technologies to deliver high-performance, private industrial networks that will power the industrial revolution.
Figure 2: 5G Base Station Market, by Organization Size, 2021 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
February 2021 O2 (Telefonica UK) and NEC successfully conducted an Open RAN trial on O2’s network with NEC and its ecosystem. NEC helped define a customized Open RAN architecture, which is optimized and adapted to the requirements of the O2 mobile network.
By region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. During the projected period, Asia-Pacific is the most significant revenue contributor to the 5G base station market. The rising numbers of mobile subscribers have set the foundation for success in 5G Industrial IoT development. Additionally, the Government of China views 5G development as crucial to the country’s development in the technology sector and its economy. The government has majority control over all three of the country’s mobile operators (China Mobile, China Telecom, and China Unicom), with its guidance of 5G network deployments, China has stayed ahead of the competition infrastructure in terms of research & development in 5G technology. While North America holds the second largest market share. The region is well known for its high adoption rate of new advanced technologies, including the Internet of Things (IoT), wearable technology, and autonomous or connected cars. A reliable and fast connection required for these technologies is expected to be addressed by 5G. In North America, with 5G expected to deliver many years of value to consumers and enterprises in the foreseeable future, various projects such as ‘Next G’ activities are primarily centered around academia with additional efforts from agencies of the US government and SDOs (Standard Developing Organizations). These entities, through public-private partnerships, are actively engaging in scientific and applied research in emerging technologies. Therefore, North America is expected to maintain its leadership in new technologies that will underpin 5G technology.
Figure 3: BASE STATION MARKET SHARE BY REGION (2021-2030)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
January 2021 Cisco launched a new Catalyst router for 5G cellular gateway and Catalyst 8000-series edge platform, encompassing routing, SD-WAN, security, computer, and other functionalities through the use of virtual network functions (VNFs).
The countries considered in the scope of 5G base station market are US, Canada, Mexico, UK, Germany, France, Italy, Spain, Switzerland, Austria, Belgium, Denmark, Finland, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Sweden, Romania, Ireland, China, Japan, Singapore, Malaysia, Indonesia, Philippines, South Korea, Hong Kong, Macau, Singapore, Brunei, India, Australia & New Zealand, South Africa, Egypt, Nigeria, Saudi Arabia, Qatar, United Arab Emirates, Bahrain, Kuwait, and Oman, Brazil, Argentina, Chile, and others.
The market for the 5G base stations has witnessed significant growth over the forecast period due to factors such as increasing demands for high-speed data connectivity and increasing number of connected devices with the Internet of things (IoT) on the rise. There exist several local, regional, and players in the 5G base station market who continuously strive to gain a significant share of the overall market. During the study MRFR has analyzed some of the major players in the ERP software market who have contributed to the market growth. These include Samsung Electronics Co. Ltd, Huawei Technologies Co. Ltd, Telefonaktiebolaget LM Ericsson, Intel Corporation, Nokia Corporation, Qualcomm Technologies Inc., ZTE Corporation, NEC Corporation, Ceragon Networks, Airspan Networks, CommScope, Marvell Technology Group, Qorvo Inc., and CISCO Systems Inc.
Samsung Electronics Co. Ltd (South Korea)
Huawei Technologies Co. Ltd (China)
Telefonaktiebolaget LM Ericsson (Sweden)
Intel Corporation (US)
Nokia Corporation (Finland)
Qualcomm Technologies Inc. (US)
ZTE Corporation (China)
NEC Corporation (Japan)
Ceragon Networks (US)
Airspan Networks (US)
CommScope (US)
Marvell Technology Group (China)
Qorvo Inc. (US)
CISCO Systems Inc (US). among others
April 2022, Nokia and Karel, a Turkish electronics company, agreed to collaborate on the development of 4G and 5G base stations in Turkey. By the middle of 2022, the businesses planned to begin building 4G base stations for the local market. With 5G projected to go commercial in Turkey in 2023, 5G base stations are likely to be included in local manufacture.
February 2021 O2 (Telefonica UK) and NEC successfully conducted an Open RAN trial on O2’s network with NEC and its ecosystem. NEC helped define a customized Open RAN architecture, which is optimized and adapted to the requirements of the O2 mobile network.
January 2021 Cisco launched a new Catalyst router for 5G cellular gateway and Catalyst 8000-series edge platform, encompassing routing, SD-WAN, security, compute, and other functionalities through the use of virtual network function (VNFs).
February 2021, Nokia Corporation and telecom operator Elisa formed a partnership to form a joint go-to-market alliance to drive industrial-grade private mobile network deployment. This partnership provides strong momentum for the former, investing in private 5G and LTE mobile networks.
January 2021, Airspan Networks formed a partnership with Tallysman Wireless Inc. for TW3000 GNSS timing antennas, which provides Airspan with strong Radio Frequency (RF) filtering of out-of-band signals a robust, IP69K rated housing and multi-constellation GNSS support.
January 2020, Samsung Electronics acquired TeleWorld Solutions (TWS), a network services provider in the United States, as a part of its plans to boost 5G network business revenue. The acquisition of TWS will address the need for end-to-end support in delivering network solutions. The service offerings and customers of TWS complement Samsung’s growth among network infrastructure clients.
February 2020, Huawei launched new 5G products and solutions at the product and solution launch in London. Huawei also launched their 5G partner innovation program aimed to build a thriving 5G ecosystem to make 5G a commercial success. The product launch included Huawei’s Blade AAU, which can work under all sub-6 GHz frequency bands and support 2G, 3G, 4G, and 5G networks.
Micro
Pico
Femto
Industrial IoT
Smart Cities
Smart Home
Autonomous Driving
Smart Farming
Others
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2021 | USD 27.70 billion |
| Market Size 2022 | USD 35.50 billion |
| Market Size 2030 | USD 145.20 billion |
| Compound Annual Growth Rate (CAGR) | 19.3% (2024-2030) |
| Base Year | 2021 |
| Forecast Period | 2024-2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Telefonaktiebolaget LM Ericsson, Huawei Technologies Inc., Nokia Corporation, Samsung Electronics Co. Ltd, ZTE Corporation, Intel Corporation and Qualcomm Technologies Inc. |
| Key Market Opportunities | Technological advancement |
| Key Market Dynamics | Increasing demand for high-speed data with low latency Rising trend in usage of interconnected devices |
Frequently Asked Questions (FAQ) :
A 19.3% CAGR is expected to transform the market.
The North America regional market is projected to be the major driver of the market.
Telefonaktiebolaget LM Ericsson, Huawei Technologies Inc., Nokia Corporation, Samsung Electronics Co. Ltd, ZTE Corporation, Intel Corporation and Qualcomm Technologies Inc are the key players in the market.
The segments in the market are Type, Application, and region.
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Senior Research Analyst Ankit gupta is an analyst in market research industry in ict and semi industry. with post-graduation in "telecom and marketing management" and graduation in "electronics and telecommunication" vertical he is well versed with recent development in ict industry as a whole. having worked on more than 150+ reports including consultation for fortune 500 companies such as microsoft and rio tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.
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