Global 5G Technology Market Size, Status and Forecast 2022-2028

5G technology is the fifth-generation wireless technology, which is in its developmental stage, and is expected to be commercialized in the coming two to three years. The technologys operational speed is expected to be several times faster than the existing wireless technologies (1G, 2G, 3G, and 4G) and significantly penetrate the 2G and 3G wireless markets. High speed, faster download speed, low cost, and expansion in the Internet of Things (IOT) market drive the 5G technology market.

The countries that are expected to be the early adopters of 5G technology are the U.S., Japan, South Korea, and China.

According to our latest research, the global 5G Technology market size will reach USD 84290 million in 2028, growing at a CAGR of 15.1% over the analysis period 2022-2028.

Global 5G Technology Scope and Market Size

This report focuses on the global 5G Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the 5G Technology development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.


Segment by Type


SDN

NFV

MEC


Segment by Application


Smart Home

Autonomous Driving

Smart Cities

Industrial IoT

Smart Farming

Others

By Region

North America

Europe

China

Japan

Southeast Asia

India

Central & South America


By Company


Qualcomm(US)

Intel(US)

Ericsson(SE)

Samsung(KR)

NEC(JP)

Mediatek(TW)

Cisco(US)

Marvell(US)

Qorvo(US)

Huawei(CN)

ZTE(CN)