The Business Research Company’s report on the Fifth Generation (5G) Smartphones Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the fifth generation (5g) smartphones industry?
The growing demand for high-speed connectivity is expected to propel the growth of the fifth generation (5G) smartphones market going forward. High-speed connectivity refers to fast and reliable network access that enables seamless data transmission, low latency, and high bandwidth for smooth digital experiences. The demand for high-speed internet is rising due to the increasing reliance on seamless digital connectivity for efficient communication, access to information, and the smooth functioning of various online services in daily life. Fifth-generation (5G) smartphones rely on high-speed connectivity enhancing user experiences in gaming, video conferencing, and cloud-based applications. For instance, in December 2023, according to a report published by Ofcom, a UK-based government agency, in 2023, the UK saw a notable rise in 5G deployments, reaching over 18,500 across approximately 81,000 sites, compared to around 12,000 deployments in 2022. Therefore, growing demand for high-speed connectivity is driving the growth of the fifth generation (5G) smartphones market.
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What is the estimated market size of the fifth generation (5g) smartphones sector by 2029, based on current forecasts?
The fifth generation (5G) smartphones market size has grown exponentially in recent years. It will grow from $57.53 billion in 2024 to $109.65 billion in 2025 at a compound annual growth rate (CAGR) of 90.6%. The growth in the historic period can be attributed to increasing demand for faster data speeds, rising consumer expectations, increasing mobile data consumption, rising number of connected devices, and increasing number of smart cities using 5g technology.
The fifth generation (5G) smartphones market size is expected to see exponential growth in the next few years. It will grow to $1,435.67 billion in 2029 at a compound annual growth rate (CAGR) of 90.2%. The growth in the forecast period can be attributed to rise in adoption of mobile gaming, rise in demand for iot-enabled devices, rise in smartphone penetration, growing popularity of foldable smartphones with 5G connectivity, and rise in investments by telecom operators for 5G network infrastructure. Major trends in the forecast period include technological advancements, enhanced security protocols, AI integration, 5G-enabled augmented reality/virtual reality, and 5G in IoT integration.
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Who are the top players in the fifth generation (5g) smartphones market?
Major companies operating in the fifth generation (5G) smartphones market are Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Sony Corporation, Huawei Technologies Co. Ltd., Lenovo Group Limited, LG Electronics Inc., Xiaomi Corporation, Nokia Corporation, TCL North-America, ASUSTeK Computer Inc., Sharp Corporation, ZTE Corporation, Kyocera Corporation, Oppo Mobile Telecommunications Corp. Ltd., Motorola Solution, Honor Device Co. Ltd., Nothing Technology Ltd., Micromax Informatics Ltd., BLU Products
What are the major trends in the fifth generation (5g) smartphones market?
Major companies operating in the fifth generation (5G) smartphones market are focusing on developing high-performance affordable 5G smartphones to expand market reach and meet growing consumer demand for cost-effective 5G technology. A high-performance affordable 5G smartphone is a device that offers fast 5G connectivity, powerful processing, and efficient battery life at a budget-friendly price, ensuring smooth multitasking, gaming, and streaming without compromising on essential features. For instance, in February 2025, Samsung, an India-based consumer electronics brand, launched the Galaxy F06 5G with 12 5G bands, an affordable 5G smartphone in India. This smartphone enables faster and more reliable connectivity, enhancing data speeds, and supporting seamless streaming, gaming, and video calling experiences for users. This contributes to the broader adoption of 5G technology by making high-speed connectivity more accessible, improving overall mobile experiences, and driving digital transformation.
Which geography holds the highest fifth generation (5g) smartphones market share?
North America was the largest region in the fifth generation (5G) smartphones market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fifth generation (5G) smartphones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the fifth generation (5g) smartphones market?
The fifth generation (5G) smartphones market covered in this report is segmented –
1) By Operating System: iPhone Operating System (iOS), Android, Windows, Other Operating Systems
2) By Sim Type: Single SIM, Multi Sim (E-Sim)
3) By Sales Channel: Online, Offline
Subsegments:
1) By iPhone Operating System (iOS): Standard iOS 5G Smartphones, Pro Series iOS 5G Smartphones, Mini/Compact iOS 5G Smartphones, Foldable iOS 5G Smartphones, Gaming-Oriented iOS 5G Smartphones
2) By Android: Flagship Android 5G Smartphones, Mid-Range Android 5G Smartphones, Budget Android 5G Smartphones, Foldable Android 5G Smartphones, Gaming Android 5G Smartphones
3) By Windows: Business Windows 5G Smartphones, Enterprise-Grade Windows 5G Smartphones, Hybrid Windows 5G Smartphones, Rugged Windows 5G Smartphones, Productivity-Focused Windows 5G Smartphones
4) By Other Operating Systems: Linux-Based 5G Smartphones, HarmonyOS 5G Smartphones, Custom OS 5G Smartphones, Open-Source OS 5G Smartphones, Emerging OS 5G Smartphones
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What defines the structure and scope of the fifth generation (5g) smartphones market?
Fifth generation (5G) smartphones refer to mobile devices equipped with advanced chipsets and antennas that enable ultra-fast data speeds, low latency, and enhanced connectivity by leveraging fifth generation (5G) wireless technology. These smartphones support high-bandwidth applications such as seamless video streaming, cloud gaming, and real-time communication while also enhancing IoT integration and overall network efficiency.
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