The Fifth Generation (5G) Radio Access Network Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Fifth Generation (5G) Radio Access Network Market?
The market size of the Fifth-Generation (5G) Radio Access Networks has seen significant growth in recent years. The market is projected to expand from $19.33 billion in 2024 to $23.58 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 22.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Fifth Generation (5G) Radio Access Network Industry?
The 5G radio access networks market is predicted to expand significantly in the coming years, reaching a value of $51.58 billion in 2029. The compound annual growth rate (CAGR) over this period is projected to be 21.6%.
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What are the Key Growth Drivers Fueling the Fifth Generation (5G) Radio Access Network Market?
The key drivers in the fifth generation (5g) radio access network market are:
• Rising demand for enhanced mobile broadband (eMBB)
• Increasing adoption of 5G for enterprise and industrial use cases
• Increasing demand for network slicing and customization
• Growing focus on sustainability and green networks
Global Market Segmentation: Identifying Major Fifth Generation (5G) Radio Access Network Industry Segments
The fifth generation (5G) radio access network market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Architecture Type: Centralized Radio Access Network (CRAN), Open Radio Access Network (ORAN), Virtualized Radio Access Network (VRAN)
3) By Deployment: Indoor, Outdoor
4) By End-User: Telecom Operators, Enterprises
Subsegmentss:
1) By Hardware: Radio Units (RU), Distributed Antenna Systems (DAS), Small Cells (Femtocells, Picocells, Microcells), Massive MIMO Antennas, Baseband Units (BBU)
2) By Software: Network Virtualization Software, Cloud RAN (C-RAN) Software, AI-Based Network Optimization Software, Network Slicing Software, SDN (Software-Defined Networking) Solutions
3) By Services: Deployment and Integration Services, Network Optimization and Maintenance Services, Managed Services, Consulting and Advisory Services, Training and Support Services
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What are the emerging Trends Shaping the Future of the Fifth Generation (5G) Radio Access Network Market?
The key trends in the fifth generation (5g) radio access network market are:
• The development of cloud-native Radio Access Networks (RAN) is a significant emerging trend.
• Increased integration of non-terrestrial networks (NTN) is expected to shape the market's future.
• The adoption and further widespread implementation of 5G technology is a noteworthy trend.
• The development of smaller, denser networks and open RAN technologies are gaining traction.
Who Are the Top Competitors & Leading Players in the Fifth Generation (5G) Radio Access Network Market?
Major players in the fifth generation (5g) radio access network market are:
• Samsung Electronics Co. Ltd.
• Verizon Communications Inc.
• Huawei Technologies Co. Ltd.
• Intel Corporation
• Cisco Systems Inc.
• Qualcomm Technologies Inc.
• Fujitsu Limited
• Telefonaktiebolaget LM Ericsson
• Nokia Corporation
• NEC Corporation
• ZTE Corporation
• TE Connectivity
• Corning Inc.
• Juniper Networks Inc.
• Arm Limited
• Mavenir
• Comba Telecom Systems Holdings Limited
• Comarch SA
• Parallel Wireless
• Rakuten Symphony Singapore Pte. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the fifth-generation (5G) radio access networks market in 2024
