The Business Research Company’s report on the 5G Base Station Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the 5g base station equipment market’s growth in recent years?
The increasing number of internet users is expected to drive the growth of the 5G base station equipment market going forward. Internet users are individuals who access and use the internet for various activities, such as browsing websites, social media, communication, online shopping, or work. The increasing number of internet users is due to smartphone penetration, digital transformation, the trend of e-commerce and online work, and online education. 5G base station equipment plays a crucial role in ensuring the availability of high-speed internet by transmitting and receiving wireless signals between users and the network. These base stations are strategically deployed to provide seamless coverage, enabling fast data transfer and low latency for users. For instance, in February 2024, according to the International Telecommunication Union, a Switzerland-based specialized agency, the number of individuals using the internet grew from 5.1 billion in 2022 to 5.4 billion in 2023. Therefore, the increasing number of internet users is driving the growth of the 5G base station equipment market.
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How does the future projection of the 5g base station equipment market size compare to its historical growth?
The 5G base station equipment market size has grown rapidly in recent years. It will grow from $28.78 billion in 2024 to $33.09 billion in 2025 at a compound annual growth rate (CAGR) of 15.0%. The growth in the historic period can be attributed to rising demand for internet utilization, rise of smart homes, high investments in 5G infrastructure development, rising adoption of IoT and connected devices, and increasing urban population.
The 5G base station equipment market size is expected to see rapid growth in the next few years. It will grow to $57.33 billion in 2029 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing demand for high-speed data connectivity, rising demand for enhanced mobile broadband, government initiatives to promote 5G deployment, demand for private 5G networks, and millimeter-wave (mmWave) frequency adoption. Major trends in the forecast period include digital transformation across industries, advanced mobile applications, technological advancements in antenna systems, expansion of 5G network infrastructure, and technological developments in antenna technology.
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Which key players are shaping the future of the 5g base station equipment market?
Major companies operating in the 5G base station equipment market are Samsung Electronics Co., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Fujitsu Limited, Telefonaktiebolaget lm Ericsson, Nokia Oyj, NEC Corporation, Huawei Technologies Co. Ltd., ZTE Corporation, TE Connectivity Ltd., Syensqo, CommScope Holding Company Inc., Keysight Technologies Inc., Juniper Networks Inc., Belden Inc., Mavenir Systems Inc., Radisys Corporation, Comba Telecom Systems Holdings Ltd., JMA Wireless, Ceragon Networks Ltd., Parallel Wireless Inc., Airspan Networks Inc., Faststream Technologies, Alpha Wireless Ltd.
What trends will propel the growth and evolution of the 5g base station equipment market?
Major companies operating in the 5G base station equipment market are focusing on developing innovative products, such as external 5G antennas, to enhance signal strength, extend coverage, and improve data speeds by reducing interference and optimizing connectivity in both urban and remote areas. External 5G antennas are high-performance antennas designed to enhance 5G signal reception and transmission by extending coverage, improving data speeds, and reducing latency for outdoor and indoor applications. For instance, in March 2024, Quectel Wireless Solutions, a China-based IoT solutions provider, launched the YEMN016AA and YEMN017AA 5G 5-in-1 combo antennas and the YECN001J1A and YECT000WBA external 5G antennas. The YEMN017AA is a 5G screw mount 5-in-1 combo antenna puck optimized for 5G and 4G networks, integrating multiple antennas such as 5G, 4G, GNSS, and Wi-Fi within a compact 103.5mm x 42.5mm design. It offers versatile mounting options, including screw, pole, wall, magnetic, and adhesive, along with customizable cable lengths and connector types for enhanced flexibility in outdoor applications. Additionally, Quectel’s YECN001J1A and YECT000WBA external 5G antennas support 5G NR sub-6GHz bands while remaining compatible with 4G, 3G, 2G, and LPWA networks. These high-efficiency, omnidirectional antennas, measuring 40.6mm x 104mm, ensure reliable high-speed data transmission for wireless communication devices like routers, outdoor equipment, and real-time monitoring systems. Both antennas comply with RoHS and REACH standards and have customizable installation options for optimized performance.
Which regions are expected to become dominant players in the 5g base station equipment market?
North America was the largest region in the 5G base station equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 5G base station equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the 5g base station equipment market, and how are they evolving?
The 5G base station equipment market covered in this report is segmented –
1) By Component: Antennas, Transceivers, Baseband Units, Power Supply Units, Other Components
2) By Deployment Location: Urban, Rural, Suburban
3) By Network Architecture: Standalone, Non-Standalone
4) By Frequency Band: Low Band, Mid Band, High Band
5) By End-User: Telecom Operators, Enterprises, Government, Other End-Users
Subsegments:
1) By Antennas: MIMO Antennas, Phased Array Antennas, Active Antennas, Passive Antennas
2) By Transceivers: RF Transceivers, Optical Transceivers, Frequency-Division Duplex (FDD) Transceivers, Time-Division Duplex (TDD) Transceivers
3) By Baseband Units: Centralized Baseband Units (BBUs), Distributed Baseband Units (BBUs), Virtualized Baseband Units (vBBUs)
4) By Power Supply Units: AC Power Supply Units, DC Power Supply Units, Hybrid Power Supply Units
5) By Other Components: Cooling Systems, Controllers, Backhaul Equipment, Signal Processors
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How is the 5g base station equipment market defined?
5G base station equipment refers to the hardware and infrastructure components required to support 5G wireless communication. These components transmit and receive signals, ensuring high speed, low latency, and reliable connectivity between mobile devices and the core network. 5G base station equipment is crucial in transforming various industries by providing ultra-reliable, high-speed, and intelligent connectivity.
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