Global 5g Radio Access Network Market Size & Outlook
Global 5g radio access network market, 2019-2030 (US$M)
Related Markets
Global 5g radio access network market highlights
- The global 5g radio access network market generated a revenue of USD 30,650.3 million in 2024 and is expected to reach USD 69,297.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 10.3% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 25,083.4 million in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 30,650.3 million |
| Market revenue in 2030 | USD 69,297.1 million |
| Growth rate | 10.3% (CAGR from 2025 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2019 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 28.7% of the global 5g radio access network market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 6,202.5 million by 2030.
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5G Radio Access Network Market Scope
5G Radio Access Network Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Rakuten Group Inc | View profile | 30830 | 4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, Japan, 140-0002 | https://www.rakuten.co.jp |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | https://www.vmware.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Global 5g radio access network market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 5g radio access network market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 81.84% in 2024. Horizon Databook has segmented the Global 5g radio access network market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.
- Global 5G Radio Access Network Component Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Antennas
- MIMO
- Beamforming
- Others
- Radio Units
- Baseband Units
- Others
- Antennas
- Software
- Services
- Managed
- Professional Services
- Consulting Sevices
- Planning & Design Services
- Integration & Validation Services
- Deployment Services
- Optimzation & Performance Improvement Services
- Hardware
- Global 5G Radio Access Network Architecture Type Outlook (Revenue, USD Million, 2019-2030)
- CRAN
- ORAN
- VRAN
- Global 5G Radio Access Network Deployment Outlook (Revenue, USD Million, 2019-2030)
- Indoor
- Outdoor
- Global 5G Radio Access Network End User Outlook (Revenue, USD Million, 2019-2030)
- Telecom Operators
- Enterprises
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Our clientele includes a mix of 5g radio access network market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global 5g radio access network market , including forecasts for subscribers. This global databook contains high-level insights into Global 5g radio access network market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Global 5g radio access network market size, by regions, 2019-2030 (US$M)
Top 10 countries: 5g radio access network market size, 2024 (US$M)
Global 5g radio access network market share, by component, 2024 & 2030 (%, US$M)
5g radio access network market: Opportunity assessment by country
Global 5g radio access network market, by region, 2024 (US$M)
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