USD 3.31 billion
Global 5G Enterprise Market Size, Share, Growth Analysis, By Frequency (mmWave, Sub-6Ghz), By Organization Size (Large Enterprises, Small and Medium Enterprises), By Spectrum (Licensed, Unlicensed), By Region -Industry Forecast 2025-2032
Report ID:
SQMIG50B2035 |
Region:
Global |
Published Date: January, 2025
Pages:
186
|Tables:
122
|Figures:
72
5G Enterprise Market Insights
Global 5G Enterprise Market size was valued at USD 3.31 billion in 2023 and is poised to grow from USD 4.39 billion in 2024 to USD 41.66 billion by 2032, growing at a CAGR of 32.5% during the forecast period (2025-2032).
Surging demand for high-speed internet connectivity and data transfer speeds in organizations is projected to bolster the adoption of 5G enterprise solutions. Increasing use of advanced technologies such as artificial intelligence, cloud computing, connected devices, etc. are slated to create new opportunities for 5G enterprise companies in the long run. Launch of new digital transformation initiatives around the world and high investments in the development of 5G infrastructure are slated to bolster the demand for 5G enterprise going forward. Rising use of smart technologies, awareness regarding importance of private 5G networks, and increasing commercialization of 5G technology are also estimated to favor the global 5G enterprise market growth in the future. However, limited coverage, complexity in integration, cybersecurity concerns, and high initial costs of deployment are forecasted to hurt the overall 5G enterprise demand outlook across the study period and beyond.
Market snapshot - (2025-2032)
Global Market Size
Largest Segment
mmWave
Fastest Growth
Sub-6Ghz
Growth Rate
32.5% CAGR
Global 5G Enterprise Market ($ Bn)
Country Share for North America Region (%)
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5G Enterprise Market Segments Analysis
Global 5G enterprise market is segmented by spectrum, frequency, organization size, industry vertical, and region. Based on spectrum, the market is segmented into licensed, unlicensed, shared. Based on frequency band, the market is segmented into sub-6Ghz and mmWave. Based on organization size, the market is segmented into small and medium enterprises and large enterprises. Based on industry vertical, the market is segmented into BFSI, manufacturing, retail, healthcare, energy and utilities, transportation and logistics, government and public safety, media and entertainment, office buildings, and aerospace and defense. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Analysis by Frequency
mmWave segment is projected to account for a prominent chunk of the global 5G enterprise market share over the coming years. The ability to provide high bandwidth with low latency of mmWave freqeuncy allows it to be used extensively in private as well as public 5G applications. mmWave technology allows for precise beamforming, which allows 5G enterprise networks to focus on select devices. Smart manufacturing, warehouse automation, and mining operations are expected to be some key areas of application of mmWave frequency helping boost revenue generation via this segment in the long run. This frequency is especially beneficial for use in densely populated areas.
On the other hand, the use of sub-6Ghz frequency band is expected to rise at an impressive pace across the forecast period. This type of frequency helps in the creation of a more stable and balanced 5G enterprise network as it maintains a good balance between coverage, penetration through obstacles, and data speeds. High demand for reliable connectivity in industrial and enterprise settings spanning over a vast distance is estimated to help this segment generate new business scope for 5G enterprise companies in the long run.
Analysis by Organization Size
Large enterprises are forecasted to account for the largest global 5G enterprise market share in the future. High spending potential of large organizations and their increasing willingness to spend on the development of private networks are helping this segment lead revenue generation. Increasing adoption of advanced technologies requiring high-speed data connectivity in large organizations is also slated to bolster the adoption of 5G enterprise via this segment. Rising number of remote workers and need for real-time collaboration capabilities are also forecasted to push the deployment of 5G enterprise networks in large enterprises through 2032 and beyond.
On the other hand, the demand for 5G enterprise in small and medium enterprises is anticipated to rise at an impressive CAGR over the coming years. Growing digitization of small businesses and increasing use of advanced technologies are slated to help bolster 5G enterprise market growth via this segment in the future. High demand for better connectivity, adoption of remote work models, and use of connected devices are other factors that are slated to help create more opportunities for 5G enterprise companies focusing on small and medium enterprises in the long run.
Global 5G Enterprise Market By Frequency
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5G Enterprise Market Regional Insights
North America is forecasted to account for a substantial share of the global 5G enterprise industry going forward. High demand for better connectivity, rising adoption of cloud technologies in businesses, and increasing use of network function virtualization (NFV) and software-defined networking (SDN) are expected to bolster the dominance of North America. The United States and Canada are slated to emerge as the most opportune markets for 5G enterprise companies focusing on making a mark in this region through 2032 and beyond. Increasing popularity of autonomous vehicles and connected vehicles are also slated to bolster the demand for private 5G networks for businesses.
Rapidly increasing adoption of 5G technologies and increasing investments in the deployment of new 5G networks are slated to help Asia Pacific emerge as the most opportune market in the world. Growing adoption of industrial automation and the launch of digital transformation initiatives are also expected to help this region boost the adoption of 5G enterprise in the long run. Japan, Taiwan, Hong Kong, India, and China are slated to be the most opportune markets for 5G enterprise companies operating in the Asia Pacific. Rising incidence of cyberattacks is also pushing businesses to opt for private networks in this region going forward.
Global 5G Enterprise Market By Region
- Largest
- Fastest
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5G Enterprise Market Dynamics
Drivers
Demand for High Speed Connectivity in Organizations
- Increasing digital transformation and growing reliance on high-speed internet for communications and ultra-fast data transmission with low latency are bolstering the demand for 5G enterprise. Moreover, adoption of 5G enterprise solutions can also help organizations improve the operations of solutions such as cloud computing, AI, and IoT integration.
Rising Digital Transformation Around the World
- Digital transformation is penetrating almost every aspect of various industry verticals. 5G networks facilitate innovative solutions such as augmented reality (AR), virtual reality (VR), and edge computing, enabling businesses to improve customer experiences and streamline operations. Hence, digital transformation plays a vital role in governing the global 5G enterprise market outlook through 2032.
Restraints
Cybersecurity Concerns
- With continuous connectivity comes the risk of cyberattacks and data breaches for enterprise data. Enterprises worry about potential vulnerabilities in 5G networks, which could expose sensitive data and disrupt critical operations. These cybersecurity concerns are projected to emerge as a major constraint for the global 5G enterprise industry development as cyber threat landscape evolves rapidly.
Complexity in Integration
- Integrating 5G with existing enterprise systems requires substantial investments in terms of capital as well as human resources. Adjustment of network architecture, disruption of business workflows, and compatibility issues are expected to make the 5G enterprise integration process highly complex and limit the overall 5G enterprise adoption potential going forward.
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5G Enterprise Market Competitive Landscape
5G enterprise companies are projected to focus on launching new private network solutions to maximize their business scope. Providing custom 5G enterprise networks can also help market players stand out from their competition in the future. Collaborations are estimated to emerge as highly crucial strategies for new as well as established 5G enterprise providers in the long run.
Top Player’s Company Profiles
- AT&T
- Ericsson
- Huawei Technologies Co. Ltd.
- Juniper Network
- Fujitsu
- NEC Corporation
- Comba Telecom Systems Holdings Ltd.
- Nokia Corporation
- Samsung
- Airspan
- Broadcom
- Commscope
- SK Telecom
- Verizon Communications LTD
- ZTE Corporation
Recent Developments
- In September 2024, Ericsson, a leading telecommunications company unveiled its Enterprise 5G portfolio. The move is part of the company’s expansive enterprise wireless strategy to enhance connectivity and improve the scope of automation for enterprises around the world.
- In October 2024, NEC and Cisco revealed that they were working together to combine their expertise and build a novel enterprise private 5G solution. The companies intend to achieve this by combining Cisco’s 5G SA Core and Cloud Control Centre with NEC’s validated radio network.
- In June 2024, HPE Aruba Networking, a leading networking company owned by Hewlett Packard announced the launch of HPE Aruba Networking Enterprise Private 5G. This new launch helped simplify enterprise 5G solutions for businesses and eliminates the complexity of management for the same as well.
5G Enterprise Key Market Trends
- Use of Network Slicing: Network slicing allows enterprises to create virtual networks customized for specific applications. Enterprises are focusing on creating different private 5G networks to improve the management and allocation of different resources. This helps companies to enhance their operations and thereby also improve profitability in the long run.
- Collaborations Between Telecommunication Companies and Enterprises: Telecom companies are focusing on forming strategic partnerships with enterprises to develop custom enterprise 5G solutions tailored to their specific requirements. These collaborations can help 5G enterprise companies expand their business scope and cater to very specific needs of enterprises thereby making it an unmissable 5G enterprise market trend through 2032.
5G Enterprise Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rising investments in expansion of 5G networks and growing digital transformation are estimated to be key factors driving the global 5G enterprise market outlook in the future. However, complexity in integration and cybersecurity concerns are expected to impede 5G enterprise demand over the coming years. North America is estimated to spearhead the global 5G enterprise demand outlook owing to rapid adoption of advanced technologies requiring high-speed connectivity in organizations. Collaborations between telecommunication providers and enterprises are slated to open up new avenues of opportunities for 5G enterprise companies in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.31 billion |
| Market size value in 2032 | USD 41.66 billion |
| Growth Rate | 32.5% |
| Base year | 2024 |
| Forecast period | (2025-2032) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on 5G Enterprise Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on 5G Enterprise Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 5G Enterprise Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 5G Enterprise Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 5G Enterprise Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 5G Enterprise Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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