Please Wait.....
Report
Global 5G Devices Market Report and Forecast 2024-2032
Market Report I 2024-07-18 I 213 Pages I EMR Inc.
Global 5G Devices Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global 5G devices market size reached approximately USD 13.25 billion in 2023. Aided by the growing adoption of 5G smartphones, the market is projected to grow at a CAGR of 47.2% between 2024 and 2032, reaching a value of around USD 429.85 billion by 2032.
5G devices are electronic gadgets designed to operate on fifth-generation wireless networks, providing faster data speeds, lower latency, and enhanced connectivity compared to previous generations. They are often integrated with improved battery management systems to support the higher power demands of 5G connectivity.
The global 5G devices market is experiencing rapid and transformative growth, driven by several pivotal trends that reflect technological advancements and evolving consumer demands in the telecommunications sector. As 5G technology continues to roll out globally, the market for 5G-enabled devices is expanding significantly, impacting various sectors from smartphones to industrial IoT applications.
One of the primary 5G devices market trends is the accelerating adoption of 5G smartphones. Leading smartphone manufacturers are rapidly integrating 5G capabilities into their flagship and mid-range devices to meet the growing consumer demand for high-speed connectivity and enhanced mobile experiences. The launch of affordable 5G smartphones has broadened market accessibility, making 5G technology available to a wider audience. This trend is expected to continue as competition among manufacturers intensifies, driving innovation and reducing prices for consumers.
Another significant trend propelling the global 5G devices market growth is the proliferation of 5G-enabled wearables. Smartwatches, fitness trackers, and augmented reality (AR) glasses are increasingly incorporating 5G technology to deliver real-time data transfer, improved connectivity, and enhanced user experiences. The integration of 5G in wearables is enhancing their functionality, enabling features such as live streaming, seamless communication, and more accurate health monitoring. This trend reflects a broader shift towards interconnected, smart devices that leverage 5G's low latency and high-speed capabilities.
The expansion of 5G technology into other consumer electronics is also a notable trend aiding the 5G devices market expansion. Beyond smartphones and wearables, 5G is being integrated into home appliances, entertainment systems, and even automobiles. Smart home devices, including smart speakers and security systems, are benefiting from the increased bandwidth and faster speeds of 5G, leading to more reliable and responsive smart home ecosystems. Similarly, automotive manufacturers are incorporating 5G technology into vehicles to enable advanced features such as real-time navigation updates, enhanced in-car entertainment, and vehicle-to-everything (V2X) communication, which improves road safety and traffic management.
In the enterprise sector, there is increasing investment in 5G-enabled industrial equipment, including robotics, sensors, and drones. These devices benefit from 5G's high-speed data transfer and low latency, which are critical for applications such as real-time monitoring, automated processes, and remote operations. The ability of 5G to support massive device connectivity is particularly advantageous for smart factories and Industry 4.0 initiatives, where seamless communication between machines and systems is essential for operational efficiency and innovation.
The rise of 5G infrastructure and network deployment is also influencing the global 5G devices market expansion. As 5G networks continue to expand globally, the availability and coverage of 5G services are improving, which, in turn, stimulates demand for 5G-compatible devices. Network operators are investing heavily in 5G infrastructure to enhance network capacity and speed, which supports the broader adoption of 5G devices. The rollout of 5G networks is particularly impactful in urban areas and developed regions, but it is also gradually extending to rural and underserved areas, further boosting the market growth.
Consumer awareness and education about 5G technology are playing a crucial role in shaping the 5G devices market dynamics. As consumers become more informed about the benefits of 5G, including faster speeds, lower latency, and increased connectivity, they are more likely to seek out 5G-enabled devices. Marketing efforts by device manufacturers and network operators are focused on highlighting these benefits and demonstrating the value of upgrading to 5G technology. This increased awareness is driving consumer interest and accelerating the adoption of 5G devices across various segments.
The competitive landscape of the 5G devices market is marked by rapid technological advancements and innovation. Leading technology companies are continually developing and releasing new 5G-enabled devices with enhanced features and capabilities. This innovation is driven by the need to differentiate products in a crowded market and meet the evolving needs of consumers and businesses. Strategic partnerships, mergers, and acquisitions are also shaping the competitive landscape, as companies seek to expand their 5G portfolios and leverage complementary technologies.
Challenges in the 5G devices market include concerns related to the cost of 5G technology and the availability of compatible devices. While the prices of 5G devices are gradually decreasing, they remain higher than their 4G counterparts, which can be a barrier for some consumers. Additionally, the availability of 5G devices varies by region, with some areas experiencing delays in the rollout of compatible products. Addressing these challenges is crucial for ensuring widespread adoption and maximising the potential of 5G technology.
Market Segmentation
The global 5G devices market can be divided based on form factor, spectrum support, and region.
Market Breakup by Form Factor
- Smartphones
- Tablet
- Modules
- CPE (Indoor/Outdoor)
- Hotspots
- Industrial Grade CPE/Router/Gateway
- Others
Market Breakup by Spectrum Support
- Sub-6 GHz
- mmWave
- Both Spectrum Bands
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global 5G devices market. Some of the major players explored in the report by Expert Market Research are as follows:
- ZTE Corporation
- Samsung Electronics Co. Ltd
- Xiaomi Corporation
- Lenovo Group Limited
- Nokia Corporation
- Huawei Technologies Co., Ltd.
- Apple Inc.
- Telefonaktiebolaget LM Ericsson
- Cisco Systems, Inc.
- Qualcomm Technologies, Inc.
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global 5G Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global 5G Devices Historical Market (2018-2023)
8.3 Global 5G Devices Market Forecast (2024-2032)
8.4 Global 5G Devices Market by Form Factor
8.4.1 Smartphones
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Tablet
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Modules
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 CPE (Indoor/Outdoor)
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Hotspots
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Industrial Grade CPE/Router/Gateway
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global 5G Devices Market by Spectrum Support
8.5.1 Sub-6 GHz
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 mmWave
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Both Spectrum Bands
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global 5G Devices Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America 5G Devices Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe 5G Devices Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific 5G Devices Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America 5G Devices Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa 5G Devices Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ZTE Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Samsung Electronics Co. Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Xiaomi Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Lenovo Group Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Nokia Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Huawei Technologies Co., Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Apple Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Telefonaktiebolaget LM Ericsson
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Cisco Systems, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Qualcomm Technologies, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Other
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 5G Devices Market: Key Industry Highlights, 2018 and 2032
2. Global 5G Devices Historical Market: Breakup by Form Factor (USD Billion), 2018-2023
3. Global 5G Devices Market Forecast: Breakup by Form Factor (USD Billion), 2024-2032
4. Global 5G Devices Historical Market: Breakup by Spectrum Support (USD Billion), 2018-2023
5. Global 5G Devices Market Forecast: Breakup by Spectrum Support (USD Billion), 2024-2032
6. Global 5G Devices Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global 5G Devices Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America 5G Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America 5G Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe 5G Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe 5G Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific 5G Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific 5G Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America 5G Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America 5G Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa 5G Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa 5G Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global 5G Devices Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security