What is the current 5G Connections Market size?

The 5G Connections Market is projected to register a CAGR of 56.16% during the forecast period (2024-2029) Read More

Who are the key players in 5G Connections Market?

AT&T Inc., Verizon Communications Inc., Vodafone Group Plc, T-Mobile US Inc. (Sprint Corporation) and Telstra Corporation Ltd are the major companies operating in the 5G Connections Market. Read More

Which is the fastest growing region in 5G Connections 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 Connections Market?

In 2024, the North America accounts for the largest market share in 5G Connections Market. Read More

What years does this 5G Connections Market cover?

The report covers the 5G Connections Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the 5G Connections Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

5G Connection Market - Trend, Growth & Share

5G Connection Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global 5G Cellular Networks Market is Segmented by Connection Type (Mobile Broadband, Fixed Wireless Access, M2M and IoT, and Mission-critical) and Geography. The market size and forecast are provided in terms of values (USD billion) for all the above segments.

5G Connections Industry Overview

The 5G Connectivity Market is highly competitive because of many players. Market leaders like AT&T, Verizon, Vodafone, T-Mobile, and more work constantly towards innovation which give with a competitive advantage over other smaller players.

In February 2023, AT&T signed an agreement with Frontier's fiber network to expand into areas where it doesn't have fiber connectivity. Frontier's fiber infrastructure will strengthen the wireless services for AT&T. These optical cables provide higher bandwidth and are very secure for transmitting data. These features of fiber optics will help the telecom operator to entice more users for its 5G services.

In January 2023, Verizon collaborated with Deloitte to promote smart manufacturing for the Smart Factory at the Wichita ecosystem of 20 leading global companies. This smart factory is located on the Innovation Campus at Wichita State University and includes a fully operational production line and experiential labs for creating and researching smart manufacturing technology and strategy.

In October 2022, Bosch and Cradlepoint developed a solution that will use T-mobile's 5G Wireless WAN technology to facilitate real-time parking and safety monitoring at Peachtree Corners, one of the nation's first smart cities. This will further help city planners to make real-time informed decisions on parking capacity, infrastructure planning, traffic management, and security safeguards based on data about events happening throughout the city.