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

The Global 5G enterprise market is segmented by communication infrastructure type (5G radio access networks, 5G core networks, and transport networks), enterprise type (IT and telecommunications, BFSI, retail and e-commerce, manufacturing, healthcare, consumer goods and retail, and utilities), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

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

5G Enterprise Industry Overview

The 5G enterprise market is moderately competitive and consists of a few players. However, with advancements in network architecture across the telecommunications sector, new players are increasing their market presence, thereby expanding their business footprint across the emerging economies. Some of the recent developments in the market are:

In March 2022, Tata Consultancy Services will debut its Enterprise 5G Edge portfolio of products, which includes private mobile edge computing on Microsoft Azure. The TCS package combines complete capabilities to assist organizations in designing, integrating, implementing, and operating an enterprise 5G edge ecosystem using the Azure private MEC solution and leveraging edge computing benefits for 5G applications.

With the opening of a new 5G experience center in Atlanta, Ga., in October 2022, Cognizant and Qualcomm Technologies, Inc. will be able to do more to drive digital transformation in business. Qualcomm Technologies' intelligent edge devices, AI, and 5G connectivity solutions will be combined with Cognizant's extensive knowledge of 5G, IoT, the cloud, and data analytics.

5G Enterprise Market Leaders

  1. Cisco System Inc.

  2. Telefonaktiebolaget LM Ericsson

  3. Huawei Technologies Co. Ltd.

  4. NEC Corporation

  5. Samsung Group

  6. *Disclaimer: Major Players sorted in no particular order
5G Enterprise Market Concentration