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Global 5G Devices Market to reach USD XXX billion by the end of 2030.

Global 5G Devices Market Size study & Forecast, by Form Factor (Modules, CPE (Indoor/Outdoor), Smartphone, Hotspots, Laptops, Industrial Grade CPE/Router/Gateway, Other Form Factors), by Spectrum Support (Sub-6 GHz, mmWave, Both Spectrum Bands), and Regional Analysis, 2023-2030

Product Code: ENGE-51797985
Publish Date: 13-07-2023
Page: 200

Global 5G Devices Market is valued at approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 77.87% over the forecast period 2023-2030. The 5G Devices Market refers to electronic devices that are capable of utilizing and leveraging 5G technology for wireless communication. These devices include smartphones, tablets, laptops, IoT devices, and other connected devices that are designed to support high-speed, low-latency, and reliable connectivity provided by 5G networks. The 5G Devices Market plays a crucial role in enabling users to take advantage of the enhanced capabilities and benefits offered by 5G technology in various sectors such as telecommunications, healthcare, transportation, entertainment, and more. The 5G Device market is being driven by factors such as increasing adoption of mobiles and tablets and increase in use of smart devices.

The 5G technology, enabling users to experience faster download and upload speeds, real-time streaming, seamless connectivity, and enhanced overall performance. Tablets and laptops with 5G capabilities enable users to connect to 5G networks and enjoy high-speed internet access while on the go. According to Statista the Forecast number of mobile 5G subscriptions worldwide, projected to reach 1.9 million in 2023 and expected to reach 5.9 million by 2027. Thus, increasing subscriptions of 5G fueling the growth of the market. In addition, increasing technological advancement for enhancing connectivity systems and user experience as well as a rise in demand from the industrial sector create lucrative opportunities for the market. However, High Device Costs and Network Coverage & Infrastructure may hinder the growth of the market throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to its Strong Telecommunication Infrastructure and Governments in North America have been supportive of 5G technology deployment and have implemented policies to facilitate its adoption. Asia Pacific is considered the fastest growing region during the forecasted period (2023-2030) due to its large population base. This translates into a substantial mobile subscriber base, creating a vast market for 5G devices.

Major market player included in this report are:
China Mobile Ltd.
China Telecom Corporation Ltd.
Bharti Airtel Ltd.
Saudi Telecom Company
Vodafone Group Plc.
Deutsche Telekom AG
SK Telecom Co., Ltd.
Verizon Communications, Inc.
T-Mobile USA, Inc.
Rakuten Mobile Inc.
Recent Developments in the Market:
Ø In September 2022, Nokia and Telia Finland collaborated to launch one of the pioneering commercial 5G standalone (SA) networks, incorporating network slicing technology specifically for Fixed Wireless Access (FWA) services. Telia plans to integrate 5G SA into its 5G Fixed Wireless Access (FWA) home broadband services, allowing them to offer a variety of broadband packages with assured service levels to its customers in Finland. This collaboration empowers Telia to expand its offerings, providing improved connectivity and increased capacity advantages to its customers through progressive network deployment.

Global5G Devices Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Form Factor, Spectrum Support, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form Factor:
Modules
CPE (Indoor/Outdoor)
Smartphones
Hotspots
Laptops
Industrial Grade CPE/Router/Gateway
Other Form Factor
By Spectrum Support:
Sub-6 GHz
mmWave
Both Spectrum Bands
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. 5G Devices Market, by Region, 2020-2030 (USD Billion)
1.2.2. 5G Devices Market , by Form Factor, 2020-2030 (USD Billion)
1.2.3. 5G Devices Market , by Spectrum Support, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 5G Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 5G Devices Market Dynamics
3.1. 5G Devices Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing adoption of mobiles and tablets
3.1.1.2. Increase in use of smart devices
3.1.2. Market Challenges
3.1.2.1. High Device Costs
3.1.2.2. Network Coverage & Infrastructure
3.1.3. Market Opportunities
3.1.3.1. Increasing technological advancement for enhancing connectivity systems
3.1.3.2. Rise in demand from the industrial sector of 5G devices
Chapter 4. Global 5G Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global 5G Devices Market, by Form Factor
5.1. Market Snapshot
5.2. Global 5G Devices Market by Form Factor, Performance – Potential Analysis
5.3. Global 5G Devices Market Estimates & Forecasts by Form Factor 2020-2030 (USD Billion)
5.4. 5G Devices Market , Sub Segment Analysis
5.4.1. Modules
5.4.2. CPE (Indoor/Outdoor)
5.4.3. Smartphones
5.4.4. Hotspots
5.4.5. Laptops
5.4.6. Industrial Grade CPE/Router/Gateway
5.4.7. Other Form Factor
Chapter 6. Global 5G Devices Market, by Spectrum Support
6.1. Market Snapshot
6.2. Global 5G Devices Market by Spectrum Support, Performance – Potential Analysis
6.3. Global 5G Devices Market Estimates & Forecasts by Spectrum Support 2020-2030 (USD Billion)
6.4. 5G Devices Market , Sub Segment Analysis
6.4.1. Sub-6 GHz
6.4.2. mmWave
6.4.3. Both Spectrum Bands
Chapter 7. Global 5G Devices Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. 5G Devices Market , Regional Market Snapshot
7.4. North America 5G Devices Market
7.4.1. U.S. 5G Devices Market
7.4.1.1. Form Factor breakdown estimates & forecasts, 2020-2030
7.4.1.2. Spectrum Support breakdown estimates & forecasts, 2020-2030
7.4.2. Canada 5G Devices Market
7.5. Europe 5G Devices Market Snapshot
7.5.1. U.K. 5G Devices Market
7.5.2. Germany 5G Devices Market
7.5.3. France 5G Devices Market
7.5.4. Spain 5G Devices Market
7.5.5. Italy 5G Devices Market
7.5.6. Rest of Europe 5G Devices Market
7.6. Asia-Pacific 5G Devices Market Snapshot
7.6.1. China 5G Devices Market
7.6.2. India 5G Devices Market
7.6.3. Japan 5G Devices Market
7.6.4. Australia 5G Devices Market
7.6.5. South Korea 5G Devices Market
7.6.6. Rest of Asia Pacific 5G Devices Market
7.7. Latin America 5G Devices Market Snapshot
7.7.1. Brazil 5G Devices Market
7.7.2. Mexico 5G Devices Market
7.8. Middle East & Africa 5G Devices Market
7.8.1. Saudi Arabia 5G Devices Market
7.8.2. South Africa 5G Devices Market
7.8.3. Rest of Middle East & Africa 5G Devices Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. China Mobile Ltd.
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. China Telecom Corporation Ltd.
8.3.3. Bharti Airtel Ltd.
8.3.4. Saudi Telecom Company
8.3.5. Vodafone Group Plc.
8.3.6. Deutsche Telekom AG
8.3.7. SK Telecom Co., Ltd.
8.3.8. Verizon Communications, Inc.
8.3.9. T-Mobile USA, Inc.
8.3.10. Rakuten Mobile Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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