5G mmWave Infrastructure Market Report 2026

5G mmWave Infrastructure Market Overview

• 5G mmWave Infrastructure market size has reached to $5.28 billion in 2025 • Expected to grow to $15.96 billion in 2030 at a compound annual growth rate (CAGR) of 24.7% • Growth Driver: Rising Demand For High-Speed Mobile Connectivity Fueling The Growth Of The Market Due To Increasing Use Of Data-Heavy Applications • Market Trend: Advanced 5G MmWave Receivers Boost Network Performance And Reliability • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under 5G mmWave Infrastructure Market?

5G mmwave infrastructure refers to the network components such as high-frequency radio equipment, antenna systems, beamforming arrays, baseband units, and supporting site components operating in spectrum bands above 24 GHz to deliver short-range, ultra-high-capacity wireless coverage. It enables extremely high data rates, ultra-low latency, and robust connectivity in dense urban and high-traffic areas. It helps to provide multi-gigabit speeds and support bandwidth-intensive applications by leveraging wide mmWave channel availability. The main components of 5G mmWave infrastructure include hardware, software, and services. Hardware refers to the physical devices, equipment, and tangible electronic components such as antennas, radio units, transceivers, amplifiers, filters, mounting structures, and cabling that are manufactured, installed, and maintained to enable wireless signal transmission and reception in a telecommunications environment. The various spectrum bands used include 24 GHz–29 GHz, 30 GHz–39 GHz, 40 GHz–52 GHz, and others. Deployment modes encompass both indoor and outdoor installations tailored for enterprise facilities, public spaces, and telecom network sites. The multiple applications include telecommunications, automotive, industrial, healthcare, and several other high-bandwidth use cases and are adopted by various end-users such as telecom operators, enterprises, government organizations, and others.

What Is The 5G mmWave Infrastructure Market Growth Forecast?

The 5G mmWave infrastructure market size is expected to see exponential growth in the next few years. It will grow to $15.96 billion in 2030 at a compound annual growth rate (CAGR) of 24.7%. The growth in the forecast period can be attributed to increasing capital expenditure by telecom operators, rising allocation of spectrum for millimetre wave bands, growing public and private partnerships for infrastructure, increasing demand for fixed wireless access in underserved areas, and rising enterprise adoption of private fifth-generation networks. Major trends in the forecast period include advancements in fifth-generation millimetre-wave beamforming and massive multiple-input multiple-output techniques, innovations in integrated access and backhaul solutions, development of compact low-profile phased array antennas, research and development in advanced signal processing algorithms, and emergence of software-defined radio orchestration for dynamic spectrum use.

Global 5G mmWave Infrastructure Market Segmentation

1) By Component: Hardware, Software, Services 2) By Spectrum Band: 24 GHz–29 GHz, 30 GHz–39 GHz, 40 GHz–52 GHz, Other Spectrum Bands 3) By Deployment Mode: Indoor, Outdoor 4) By Application: Telecommunications, Automotive, Industrial, Healthcare, Other Applications 5) By End-User: Telecom Operators, Enterprises, Government, Other End-Users Subsegments: 1) By Hardware: Antenna Systems, Radio Units, Baseband Units, Small Cells, Transceivers, Power Amplifiers, Filters And Duplexers 2) By Software: Radio Resource Management Software, Network Orchestration Platforms, Network Management Systems, Element Management Systems, Deployment Automation Software, Spectrum Management Software 3) By Services: Installation And Integration Services, Network Planning And Design Services, Maintenance And Support Services, Managed Network Services, Consulting And Advisory Services, Site Acquisition And Survey Services, Testing And Optimization Services

What Is The Driver Of The 5G mmWave Infrastructure Market?

The increasing demand for high-speed mobile connectivity is expected to propel the growth of the 5G mmWave infrastructure market going forward. High-speed mobile connectivity refers to fast, reliable wireless data transmission that enables smooth streaming, quick downloads, and real-time mobile applications. The increasing demand for high-speed mobile connectivity is driven by the growing use of data-heavy apps such as HD streaming and cloud services. 5G mmWave infrastructure enhances mobile networks by providing ultra-high-speed, low-latency connectivity, making it ideal for dense urban areas and bandwidth-intensive applications. It supports seamless data transmission and reliable performance, improving user experience for streaming, gaming, and real-time communication. For instance, in May 2025, according to the Organisation for Economic Co-operation and Development, a France-based intergovernmental body, the average monthly data usage per mobile broadband subscription in OECD countries surged 65% in one year and more than doubled over two years, increasing from 8 GB in June 2022 to 17 GB by June 2024. Therefore, the increasing demand for high-speed mobile connectivity is driving the growth of the 5G mmWave infrastructure industry.

Key Players In The Global 5G mmWave Infrastructure Market

Major companies operating in the 5G mmwave infrastructure market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Qualcomm Technologies Inc., Fujitsu Limited, Telefonaktiebolaget LM Ericsson, NEC Corporation, Nokia Corporation, ZTE Corporation, Keysight Technologies, Rohde & Schwarz GmbH & Co KG, Analog Devices Inc., Skyworks Solutions Inc., Mavenir Systems Inc., Comba Telecom Systems Holdings Ltd., Anritsu Corporation, Qorvo Inc., Casa Systems, Airspan Networks Inc., Anokiwave Inc., Siklu Inc., Filtronic plc

Global 5G mmWave Infrastructure Market Trends and Insights

Major companies operating in the 5G mmWave Infrastructure market are focusing on developing advanced products, such as 5G mmwave receivers, to boost network performance, enhance connectivity, and reduce spectrum constraints and deployment costs. 5G mmwave receivers refer to advanced radio units that utilize high-frequency spectrum bands to deliver ultra-high-speed, high-capacity wireless broadband connectivity to homes and businesses. For instance, in February 2024, Nokia, a Finland-based telecommunications and network equipment company, launched its FastMile 5G mmWave Receiver. It is a compact, outdoor unit featuring patented interference mitigation technology that maintains strong signal integrity, drastically improving reliability in dense urban environments. It includes advanced beamforming and automatic alignment functionality, enabling seamless, high-capacity links over varying distances without manual reconfiguration. It also incorporates scalable architecture and energy-efficient operation, extending network capacity and reducing the total cost of ownership for service providers.

What Are Latest Mergers And Acquisitions In The 5G mmWave Infrastructure Market?

In November 2023, Airspan Networks Holdings Inc., a US-based provider of wireless network solutions, partnered with Prospecta Utilities Pty Ltd. to deploy and deliver 5G mmWave Fixed Wireless Access (FWA) solutions across Australia. This partnership aims to accelerate the rollout of high-speed broadband connectivity by combining Airspan's expertise in 5G and mmWave technology with Prospecta's capabilities in deploying and managing critical utility and telecommunications infrastructure. Prospecta Utilities Pty Ltd. is an Australia-based energy and utility services company providing electricity and gas supply solutions, and related utility infrastructure support.

Regional Insights

North America was the largest region in the 5G mmWave infrastructure market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the 5G mmWave Infrastructure Market?

The 5G mmwave infrastructure market consists of revenues earned by entities by providing services such as network planning and design, millimeter wave site installation and integration, spectrum engineering and optimization, backhaul and fronthaul deployment, and managed network operations. The market value includes the value of related goods sold by the service provider or included within the service offering. The 5G mmWave infrastructure market also includes sales of millimeter wave radio units, phased array antennas, beamforming modules, baseband processing units, and fiber transport equipment. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the 5G mmWave Infrastructure Market Report 2026?

The 5g mmwave infrastructure market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the 5g mmwave infrastructure industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.