Global 5G Base Station Growth Analysis
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing
Macro cells represented USD 22.9 billion and 61.3% of the 2024 5G base station market share, providing umbrella coverage and mobility anchor services. Yet small cells are forecast to expand at a 29.4% CAGR, pushing their slice of the 5G base station market size toward USD 50 billion by 2030.
Mobile-First Trends: With 82% of India's internet access via mobile devices, the region exemplifies the link between smartphone dependency and 5G infrastructure demand. Government policies, such as India's 2030 5G roadmap, and global urbanization trends will continue to drive investments in base station equipment.
Major players include Huawei, Samsung, Nokia, Ericsson, and Cisco. As smart cities, IoT, and mmWave technology expand, the 5G infrastructure market will continue strong growth, shaping the future of high-speed connectivity.
January 2025: Nokia secured a USD 2.3 billion contract with Bharti Airtel for 5G radio access across 17 Indian states. December 2024: Ericsson announced a partnership with Microsoft to pair Azure Edge Zones with 5G base stations for ultra-low-latency industrial use cases.
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