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Report
5G Enterprise Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 146 Pages I IMARC Group
Market Overview:
The global 5G enterprise market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.4 Billion by 2028, exhibiting a growth rate (CAGR) of 34% during 2023-2028.
5G is a fifth-generation technology for broadband cellular networks that offers a high data rate, low latency, greater bandwidth, high coverage and reliability, and improved quality of service (QoS) at affordable prices. It also helps in streaming ultra-high-definition (HD) videos, and augmented reality and virtual reality (AR/VR) media. At present, it finds extensive applications in enterprises of different industry verticals, such as information technology (IT), telecommunications, manufacturing, and banking, financial services and insurance (BFSI). This can be accredited to its assistance in the introduction of new technologies, such as edge computing and network slicing, for developing immersive solutions that provide the tools for enterprises to transform digitally.
5G Enterprise Market Trends:
With the increasing remote workforce on account of the coronavirus disease (COVID-19) outbreak, the adoption of 5G enterprise solutions is rising across the globe. This represents one of the key factors impelling the growth of the market. Moreover, there is an increase in the use of these solutions in the retail industry as they provide retailers with uninterrupted business, streamlined operations, a reliable network that handles peak-time traffic, and the ease of tracking products, prices, inventory, and customer information. Additionally, faster connections and reduced latency aid in introducing new features in brick-and-mortar establishments, including digital price tags and smart digital displays. Besides this, 5G enterprise solutions are increasingly employed in the healthcare sector as it allows remote patient monitoring and video-enabled prescription management and offers connected ambulance and HD virtual consultations. This, coupled with the rising focus of enterprises on implementing new technologies to improve service delivery, reduce costs, and gain competitive advantage, is anticipated to fuel the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 5G enterprise market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on frequency, spectrum, network type, organization size and industry vertical.
Breakup by Frequency:
Sub-6Ghz
mmWave
Breakup by Spectrum:
Licensed
Unlicensed/Shared
Breakup by Network Type:
Hybrid Networks
Private Networks
Enterprise Network
CSP Network
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by Industry Vertical:
BFSI
Healthcare
Retail and E-Commerce
IT and Telecom
Manufacturing
Government and Public Sector
Energy and Utility
Media and Entertainment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AT&T Inc., Cisco Systems Inc., Fujitsu Limited, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., Juniper Networks Inc., Nokia Corporation, Oracle Corporation, Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc. and ZTE Corporation.
Key Questions Answered in This Report
1. What was the size of the global 5G enterprise market in 2022?
2. What is the expected growth rate of the global 5G enterprise market during 2023-2028?
3. What has been the impact of COVID-19 on the global 5G enterprise market?
4. What are the key factors driving the global 5G enterprise market?
5. What is the breakup of the global 5G enterprise market based on the frequency?
6. What is the breakup of the global 5G enterprise market based on the spectrum?
7. What is the breakup of the global 5G enterprise market based on the organization size?
8. What is the breakup of the global 5G enterprise market based on the industry vertical?
9. What are the key regions in the global 5G enterprise market?
10. Who are the key players/companies in the global 5G enterprise market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global 5G Enterprise Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Frequency
6.1 Sub-6Ghz
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 mmWave
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Spectrum
7.1 Licensed
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Unlicensed/Shared
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Network Type
8.1 Hybrid Networks
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Private Networks
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Enterprise Network
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 CSP Network
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Organization Size
9.1 Small and Medium-sized Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Industry Vertical
10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Healthcare
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Retail and E-Commerce
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 IT and Telecom
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Manufacturing
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Government and Public Sector
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Energy and Utility
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Media and Entertainment
10.8.1 Market Trends
10.8.2 Market Forecast
10.9 Others
10.9.1 Market Trends
10.9.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 AT&T Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Cisco Systems Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Fujitsu Limited
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Hewlett Packard Enterprise Company
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Huawei Technologies Co. Ltd.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 SWOT Analysis
16.3.6 Juniper Networks Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Nokia Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Oracle Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Samsung Electronics Co. Ltd.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Telefonaktiebolaget LM Ericsson
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Verizon Communications Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 ZTE Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
Figure 1: Global: 5G Enterprise Market: Major Drivers and Challenges
Figure 2: Global: 5G Enterprise Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: 5G Enterprise Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: 5G Enterprise Market: Breakup by Frequency (in %), 2022
Figure 5: Global: 5G Enterprise Market: Breakup by Spectrum (in %), 2022
Figure 6: Global: 5G Enterprise Market: Breakup by Network Type (in %), 2022
Figure 7: Global: 5G Enterprise Market: Breakup by Organization Size (in %), 2022
Figure 8: Global: 5G Enterprise Market: Breakup by Industry Vertical (in %), 2022
Figure 9: Global: 5G Enterprise Market: Breakup by Region (in %), 2022
Figure 10: Global: 5G Enterprise (Sub-6Ghz) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: 5G Enterprise (Sub-6Ghz) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: 5G Enterprise (mmWave) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: 5G Enterprise (mmWave) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: 5G Enterprise (Licensed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: 5G Enterprise (Licensed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: 5G Enterprise (Unlicensed/Shared) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: 5G Enterprise (Unlicensed/Shared) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: 5G Enterprise (Hybrid Networks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: 5G Enterprise (Hybrid Networks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: 5G Enterprise (Private Networks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: 5G Enterprise (Private Networks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: 5G Enterprise (Enterprise Network) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: 5G Enterprise (Enterprise Network) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: 5G Enterprise (CSP Network) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: 5G Enterprise (CSP Network) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: 5G Enterprise (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: 5G Enterprise (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: 5G Enterprise (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: 5G Enterprise (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: 5G Enterprise (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: 5G Enterprise (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: 5G Enterprise (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: 5G Enterprise (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: 5G Enterprise (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: 5G Enterprise (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: 5G Enterprise (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: 5G Enterprise (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: 5G Enterprise (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: 5G Enterprise (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: 5G Enterprise (Government and Public Sector) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: 5G Enterprise (Government and Public Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: 5G Enterprise (Energy and Utility) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: 5G Enterprise (Energy and Utility) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: 5G Enterprise (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: 5G Enterprise (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: 5G Enterprise (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: 5G Enterprise (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia-Pacific: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia-Pacific: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: 5G Enterprise Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: 5G Enterprise Market: Breakup by Country (in %), 2022
Figure 96: Middle East and Africa: 5G Enterprise Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Global: 5G Enterprise Industry: SWOT Analysis
Figure 98: Global: 5G Enterprise Industry: Value Chain Analysis
Figure 99: Global: 5G Enterprise Industry: Porter's Five Forces Analysis
Table 1: Global: 5G Enterprise Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: 5G Enterprise Market Forecast: Breakup by Frequency (in Million US$), 2023-2028
Table 3: Global: 5G Enterprise Market Forecast: Breakup by Spectrum (in Million US$), 2023-2028
Table 4: Global: 5G Enterprise Market Forecast: Breakup by Network Type (in Million US$), 2023-2028
Table 5: Global: 5G Enterprise Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 6: Global: 5G Enterprise Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 7: Global: 5G Enterprise Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: 5G Enterprise Market: Competitive Structure
Table 9: Global: 5G Enterprise Market: Key Players
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