How big is the 5G Base Station Market?

The 5G Base Station Market size is expected to reach USD 28.44 billion in 2024 and grow at a CAGR of 37.60% to reach USD 140.32 billion by 2029. Read More

What is the current 5G Base Station Market size?

In 2024, the 5G Base Station Market size is expected to reach USD 28.44 billion. Read More

Who are the key players in 5G Base Station Market?

Huawei Technologies Co., Ltd., ZTE Corporation, Nokia Corporation, CommScope Holding Company, Inc. and QUALCOMM Incorporated are the major companies operating in the 5G Base Station Market. Read More

Which is the fastest growing region in 5G Base Station Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in 5G Base Station Market?

In 2024, the Asia Pacific accounts for the largest market share in 5G Base Station Market. Read More

What years does this 5G Base Station Market cover, and what was the market size in 2023?

In 2023, the 5G Base Station Market size was estimated at USD 17.75 billion. The report covers the 5G Base Station Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the 5G Base Station Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

5G Base Station Market Share

Statistics for the 2023 & 2024 5G Base Station market share, created by Mordor Intelligence™ Industry Reports. 5G Base Station share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of 5G Base Station Industry

The 5G base station market is fragmented with several players like Huawei Technologies Co. Ltd, ZTE Corporation, Nokia Corporation, CommScope Holding Company Inc., and Qualcomm Technologies Inc. The firm concentration ratio is expected to grow more during the forecast period because several firms consider this market a lucrative opportunity to expand globally.

In February 2024, Dell Technologies and Nokia announced an extension of their strategic collaboration. This partnership leverages Dell's infrastructure solutions and Nokia's expertise in private wireless connectivity to propel open network architectures and enable private 5G applications for businesses. This move is set to bolster Nokia's position in the 5G base station market, given its prowess in developing base station products for 5G networks.
In September 2023, Ericsson and Telefonica signed an MoU for Cloud RAN evolution based on Open RAN architecture, showing that Ericsson Cloud RAN would offer significant opportunities for communications service providers to build macro networks to expand their 5G into enterprise applications, showing the demand for macro cell-based 5G infrastructure demand in the market, which would support the growth of microcell base stations in the future.