5G Base Station Market Statistics: 2030
The global 5G base station market size was valued at $8.16 billion in 2020, and is projected to reach $190.78 billion by 2030, registering a CAGR of 37.3% from 2021 to 2030.
A 5G base station is designed to act as a central connecting point for wireless IoT devices to interact. Further, 5G base station antenna components are designed to address multiple technical and natural challenges and weather, aesthetics, and security requirements. Further, one or more radio frequency antennas are used by 5G base stations to transmit and receive radio frequency signals to the Internet of Things devices. 5G small cell base station antenna is intended to handle the rise in capacity, frequency ranges, and the ability to minimize interference as signal density expands. Moreover, the rise in demand for high bandwidth per connection to enhance functionality drives the need for a high capacity 5G base station solution.
5G base station in the era of Internet of Things technologies such as machine-to-machine communications is drastically changing landscape of various industries driving the need for fast and reliable communication solution. In addition, the global 5G base station market has witnessed a rise as a result of increase in 5G network services across prime industries, allowing IoT devices to connect and share data more quickly, which is expected to fuel the 5G IoT market growth in the future.
By Type
Small Cells segment influence the market in 2020, and expected to follow the same in future.
The market is expected to witness notable growth during the forecast period, owing to rise in demand for high-speed data with low latency. Moreover, rise in 5G IoT ecosystem & critical communication services is anticipated to offer remunerative opportunities for expansion of the 5G base station market analysis. Further, rise in trend of using interconnected devices acts as one of the prime factors driving the market growth.
However, rise in government regulations related to network radiation restrains the market growth. On the contrary, surge in advancements in smart infrastructure solutions is expected to provide a lucrative opportunity for 5G base station market growth during the forecast period.
By Network Architecture
5G Non-Standalone segment hold domination position in 2020.
The 5G base station market during COVID-19 was primarily hit by several obstacles, including lack of availability of professional skill force to roll out 5G network technology across emerging economies. However, rise in demand from Internet of Things-based smart infrastructure solutions such as smartphones is expected to act as a prime factor that propels the market growth.
On the basis of operational frequency, the above 6 GHz segment dominated the 5G base station market share in 2020, and is expected to maintain its dominance in the upcoming years, owing to rise in demand for high speed communication solution across the commercial sector is offering significant 5G base station market opportunity. However, the sub 6 GHz segment is expected to witness highest growth rate in the upcoming years, owing to surge in the adoption of the 5G base station across emerging economies such as Japan, India, and China to boost smart infrastructure globally, which is expected to propel the growth of the market during the forecast period.
By Core Network
Network Function Virtualization segment generated the highest revenue in 2020.
Region wise, the 5G base station market was dominated by North America in 2020, and is expected to retain its position during the forecast period. Major factors that drive growth of the market in this region include presence of key players of the market and increase in Internet of Things-based applications across prime industries. However, Asia-Pacific is expected to witness highest growth rate during the forecast period, owing to rapid industrialization and urbanization in Asia-Pacific.
The 5G base station market outlook is segmented on the basis of type, network architecture, core network, operational frequency, and end use application. On the basis of type, it is fragmented into small cells (femtocells, picocells, and microcells) and macro cells. Depending on network architecture, it is segregated into 5G standalone and 5G non-standalone. By core network, it is fragmented into software defined networking and network function virtualization. By operational frequency, it is categorized into sub 6 GHz and above 6 GHz. By end use application, it is fragmented into commercial, residential, industrial, government & defense, smart city, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Operational Frequency
Above 6 GHz segment dominate the market in term of renvenue in 2020.
The key players operating in the 5G base station industry include Airspon Network Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Marvell, NEC Corporation, Nokia, Qualcomm Incorporated, Samsung, Telefonaktiebolaget LM Ericsson, and ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the 5G base station industry.
Top Impacting Factors
Significant factors that impact growth of the global 5G base station market include rise in 5G IoT ecosystem & critical communication services, coupled with rise in demand for high-speed data with low latency. Further, rise in trend of using interconnected devices is expected to drive the market growth during the forecast period. However, surge in government regulations related to network radiation acts as a prime barrier for early adoption, which hampers the market growth. On the contrary, rise in advancements in smart infrastructure solutions is anticipated to provide remunerative opportunities for expansion of the market during the forecast period.
By End User
Commercial segment generated the highest revenue contributer in 2020.
Competition Analysis
Competitive analysis and profiles of the major players in 5G base station market including Airspon Network Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Marvell, NEC Corporation, Nokia, Qualcomm Incorporated, Samsung, Telefonaktiebolaget LM Ericsson, and ZTE Corporation are provided in this report. These players have adopted various strategies to increase their market penetration and strengthen their position in the 5G base station industry.
By Region
Asia-Pacific region garner significant market share in 2020.
Key Benefits for Stakeholders
- This study comprises analytical depiction of the 5G base station market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall 5G base station market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current 5G base station market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
- The report includes the market share of key vendors and 5G base station market trends.
5G Base Station Market Report Highlights
| Aspects | Details |
 By Type |
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 By Network Architecture |
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 By Core Network |
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 By Operational Frequency |
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 By End User |
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 By Region |
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 Key Market Players | Huawei technologies co. Ltd., Nokia Corporation, NEC corporation, ZTE corporation, Qualcomm Technologies, Inc., Ericsson, Airspan Network, Cisco Systems Inc., Samsung Electronics Co. Ltd. (Samsung), Marvell |
Analyst Review
Implementation of fifth generation mobile communication or 5G network solution across prime economies for more reliability, ultra-low latency, massive network capacity, and superior user experience offer significant growth opportunities for the market. Further, the global 5G network base station market is quickly growing as a result of rise in demand for interconnected device requirements across prime economies, which is generating a rich roadmap of Internet of Things for growth of 5G base stations. Moreover, increase in demand for next-generation high speed data communication solution across prime enterprises globally is expected to offer lucrative opportunities for the 5G base station market.
The global 5G base station market is highly competitive, owing to strong presence of existing vendors. 5G base station vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to market requirements. Competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.
Surge in demand for interconnected devices globally drives the need to enhance 5G network solutions. Moreover, prime economics, such as the U.S., China, Germany, India, and Japan, plan to develop and deploy next generation 5G base station solutions across various sectors. For instance, on June 23, 2021, NEC Corporation, a leading developer of 5G base station launched its new 5G base station aimed at the global market and be available by 2022, which is anticipated to provide lucrative opportunities for the market growth.
Among the analyzed regions, North America exhibits highest adoption rate of 5G base station and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth due to emerging countries, such as China, Japan, and India, investing in these technologies. Regions, such as the Middle East and Africa, are also expected to offer new opportunities in the 5G base station market in the future.
Globally, various key players and government agencies are investing in 5G base stations to make them compatible with various industrial platforms. For instance, on November 09, 2021, according to China’s Ministry of Industry and Information Technology (MIIT), Chinese operators have deployed over 993,000 5G base stations across the country. In addition, on July 12, 2021, the government of France announced to spend over $1.9 billion to develop 5G network services throughout public and private sectors in the country by 2025. All these developments across 5G base station showcase lucrative growth opportunities for the market growth.
The key players profiled in the report include Airspon Network Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Marvell, NEC Corporation, Nokia, Qualcomm Incorporated, Samsung, Telefonaktiebolaget LM Ericsson, and ZTE Corporation.
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