5G Devices Market Size, Share, and Trends 2024 to 2034

The global 5G devices market size is accounted at USD 241.06 billion in 2025 and is forecasted to hit around USD 2,896.68 billion by 2034, representing a CAGR of 31.92% from 2025 to 2034. The Asia Pacific market size was estimated at USD 68.98 billion in 2024 and is expanding at a CAGR of 32.09% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 3714
  • Category : ICT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on 5G Devices Market 

5.1. COVID-19 Landscape: 5G Devices Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global 5G Devices Market, By Form Factor

8.1. 5G Devices Market Revenue and Volume, by Form Factor

8.1.1. Phones

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. CPE

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Modules

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Hotspots, Switches & Routers

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Laptop

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Tablets

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. Others

8.1.7.1. Market Revenue and Volume Forecast

Chapter 9. Global 5G Devices Market, By Spectrum

9.1. 5G Devices Market Revenue and Volume, by Spectrum

9.1.1. sub-6 GHz

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. mmWave

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. sub-6 GHz + mmWave

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global 5G Devices Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Form Factor

10.1.2. Market Revenue and Volume Forecast, by Spectrum

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Form Factor

10.1.3.2. Market Revenue and Volume Forecast, by Spectrum

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Form Factor

10.1.4.2. Market Revenue and Volume Forecast, by Spectrum

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Form Factor

10.2.2. Market Revenue and Volume Forecast, by Spectrum

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Form Factor

10.2.3.2. Market Revenue and Volume Forecast, by Spectrum

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Form Factor

10.2.4.2. Market Revenue and Volume Forecast, by Spectrum

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Form Factor

10.2.5.2. Market Revenue and Volume Forecast, by Spectrum

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Form Factor

10.2.6.2. Market Revenue and Volume Forecast, by Spectrum

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Form Factor

10.3.2. Market Revenue and Volume Forecast, by Spectrum

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Form Factor

10.3.3.2. Market Revenue and Volume Forecast, by Spectrum

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Form Factor

10.3.4.2. Market Revenue and Volume Forecast, by Spectrum

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Form Factor

10.3.5.2. Market Revenue and Volume Forecast, by Spectrum

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Form Factor

10.3.6.2. Market Revenue and Volume Forecast, by Spectrum

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Form Factor

10.4.2. Market Revenue and Volume Forecast, by Spectrum

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Form Factor

10.4.3.2. Market Revenue and Volume Forecast, by Spectrum

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Form Factor

10.4.4.2. Market Revenue and Volume Forecast, by Spectrum

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Form Factor

10.4.5.2. Market Revenue and Volume Forecast, by Spectrum

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Form Factor

10.4.6.2. Market Revenue and Volume Forecast, by Spectrum

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Form Factor

10.5.2. Market Revenue and Volume Forecast, by Spectrum

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Form Factor

10.5.3.2. Market Revenue and Volume Forecast, by Spectrum

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Form Factor

10.5.4.2. Market Revenue and Volume Forecast, by Spectrum

Chapter 11. Company Profiles

11.1. Qualcomm

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Huawei Technologies Co., Ltd.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Samsung Electronics Co., Ltd.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Ericsson

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Nokia Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Intel Corporation

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. MediaTek Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Cisco Systems, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Verizon Communications Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. AT&T Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global 5G devices market size is expected to increase USD 2,896.68 billion by 2034 from USD 181.52 billion in 2024.

The global 5G devices market will register growth rate of 31.92% between 2025 and 2034.

The major players operating in the 5G devices market are Qualcomm, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Ericsson, Nokia Corporation, Intel Corporation, MediaTek Inc., Cisco Systems, Inc., Verizon Communications Inc., AT&T Inc., Apple Inc., ZTE Corporation, Motorola Solutions, Inc., LG Electronics Inc., Sony Corporation, and Others.

The driving factors of the 5G devices market are the surge in consumer demand for high-speed connectivity and increase in the demand for compatible devices.

Asia-Pacific region will lead the global 5G devices market during the forecast period 2025 to 2034.

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