5G – Market Size and Forecasts
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From: IDC
URL: https://www.idc.com/getdoc.jsp?containerId=prUS45487719
Published: September 2019
Data:
“IDC expects 5G shipments to reach 8.9% of smartphones shipped in 2020, accounting for 123.5 million devices shipped. This is expected to grow to 28.1% of worldwide smartphone shipments by 2023.”
From: IDC
URL: https://www.idc.com/getdoc.jsp?containerId=prUS45740019
Published: December 2019
Data:
“International Data Corporation (IDC) projects the number of 5G connections to grow from roughly 10.0 million in 2019 to 1.01 billion in 2023. This represents a compound annual growth rate (CAGR) of 217.2% over the 2019-2023 forecast period. By 2023, IDC expects 5G will represent 8.9% of all mobile device connections.”
From: IDC
URL: https://www.idc.com/getdoc.jsp?containerId=US44392218
Published: November 2018
Data:
“This IDC study provides the forecast for the 5G network infrastructure market for 2018-2022. IDC believes spending on 5G-related routing and optical backhaul will rise at CAGRs of 146.1% and 129.6%, respectively, over the forecast period. Demand for backhaul routers and an improved optical underlay will be critical to enable 5G service evolution.”
From: Gartner
Published: August 2019
Data:
“In 2020, worldwide 5G wireless network infrastructure revenue will reach $4.2 billion, an 89% increase from 2019 revenue of $2.2 billion, according to Gartner, Inc. Additionally, Gartner forecasts that investments in 5G NR network infrastructure will account for 6% of the total wireless infrastructure revenue of communications service providers (CSPs) in 2019, and that this figure will reach 12% in 2020.”
From: Gartner
Published: January 2020
Data:
“5G Mobile Phones’ Market Share Will Grow Rapidly, From 12% in 2020 to 43% in 2022
Worldwide shipments of devices — PCs, tablets and mobile phones — will total 2.16 billion units in 2020, an increase of 0.9% from 2019, according to Gartner, Inc. In 2019, global shipments of devices totaled 2.15 billion units. The market will experience a further increase in 2023, when 5G handsets will account for over 50% of the mobile phones shipped.”
From: Allied Market Research
URL: https://www.alliedmarketresearch.com/5g-technology-market
Published: July 2019
Data:
“The global 5g technology market is anticipated to be at $5.53 billion in 2020, and is projected to reach $667.90 billion by 2026, registering a CAGR of 122.3% from 2021 to 2026. Asia-Pacific would be the highest contributor to the global market, with $2.20 billion in 2020, and is estimated to reach $329.09 billion by 2026, registering a CAGR of 130.7% during forecast period.”
From: Grand View Research
URL: https://www.grandviewresearch.com/industry-analysis/5g-services-market
Published: August 2019
Data:
“The global 5G services market size is estimated to reach USD 45.7 billion by 2020 and register a CAGR of 32.1% from 2021 to 2025.”
“The North American regional market is expected to account for around 40% share of the global market by 2020. Some of the most significant investments in deploying 5G network infrastructure are materializing in the U.S. For instance, according to GVR analysis, mobile operators based in the U.S. invested around USD 250 billion in mobile network infrastructure rollout between 2010 and 2017.”
From: Fortune Business Insights
URL: https://www.fortunebusinessinsights.com/industry-reports/5g-infrastructure-market-100869
Published: July 2019
Data:
“The global 5G infrastructure market size was valued at USD 720.6 Mn in 2018, is projected to reach USD 50,640.4 Mn by the end of 2026.”
From: Markets and Markets
URL: https://www.marketsandmarkets.com/Market-Reports/5g-technology-market-202955795.html
Published: October 2019
Data:
“The 5G infrastructure market is estimated to be valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1%.”
From: Technavio
URL: https://www.technavio.com/report/global-5g-equipment-market-industry-analysis
Published: December 2018
Data:
“The global 5G equipment market size will grow by USD 16.28 billion during 2019-2023.”
From: CCS Insight
URL: https://www.ccsinsight.com/wp-content/uploads/2019/02/CCS_Insight_5G_Forecast_Sample.pdf
Published: August 2018
Data:
“The number of 5G connections will be limited until 2019, but will start building quickly from 2020 onward, as networks are rolled out and smartphones that support 5G proliferate.
5G connections will reach 1 billion in 2023 and will double to 2 billion by the end of 2024
In 2025, 21% of all worldwide cellular connections, including M2M, will be 5G.”
Information Matters accepts no responsibility for the accuracy of any of the data presented in this report. It has all been sourced from open web sources that have been made freely available by the original authors and is presented here as excerpts for research and commentary purposes.