5G Enterprise Market by Service (platform and software) and Geography (North America, Europe, APAC, South America, and Middle East and Africa) - 2022-2026

NEW YORK, June 24, 2022 /PRNewswire/ -- The adoption of 5G networks for smart cities is a 5G Enterprise Market trend that is expected to have a positive impact in the coming years. Smart cities are becoming popular because of the use of advanced technologies that provide greater convenience. Communications are the key and a very important part of the entire infrastructure in smart cities, as every component needs to be connected to the Internet, as well as integrated together. The smart city also requires extensive machine-type communication (MTC) applications. Therefore, the need for 5G networks for faster data transmission and communications will increase in smart cities. With the adoption of 5G networks, massive machine-type communications (MMTC) can be easily established and implemented. This easy communication will make various applications, such as smart traffic management and autonomous driving easier and safer. Therefore, the adoption of 5G networks for smart city projects across the world will increase. As a result, the demand for 5G services across enterprises will also increase to ensure high-density network connectivity for smart city projects across the globe. This will significantly drive the growth of the market during the forecast period.

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The 5G Enterprise Market value is set to grow by USD 71.45 billion, progressing at a CAGR of 31.55% from 2021 to 2026, as per the latest report by Technavio.

Vendor Insights 

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• AT and T Inc.
• Cisco Systems Inc.
• CommScope Holding Co. Inc.
• Fujitsu Ltd.
• Hewlett Packard Enterprise Co.
• Huawei Investment and Holding Co. Ltd.
• Juniper Networks Inc.
• NEC Corp.
• Nokia Corp.
• Samsung Electronics Co. Ltd.
• SK Telecom Co. Ltd.
• Telefonaktiebolaget LM Ericsson
• Verizon Communications Inc.
• ZTE Corp.

The 5G enterprise market is fragmented and the vendors are deploying growth strategies such as investing in R & D to compete in the market. 

Find additional highlights on the growth strategies adopted by vendors and their product offerings, View Sample Report

Geographical Market Analysis 

The 5G enterprise market is segmented by geography (North America, Europe, APAC, South America, and Middle East and Africa). 35% of the market's growth will originate from North America during the forecast period. The US is the key market for 5G enterprise in North America. Market growth in this region will be slower than the growth of the market in the South American, APAC, and MEA regions. The increasing adoption of wireless technologies in the US will facilitate the 5G enterprise market growth in North America over the forecast period. 

Market's geographical distribution along with the detailed analysis of the top regions. Learn More from Sample Report 

Key Segment Analysis

The 5G enterprise market is segmented by service (platform and software). The 5G enterprise market share growth by the platform segment will be significant during the forecast period. The 5G platform can be leveraged by enterprises to maintain Internet connectivity over a longer duration, thereby providing an uninterrupted connection. This will boost the organization's efficiency and enable it to implement automation across the enterprise. Moreover, the 5G platform also enables the development of virtual network applications that can be integrated with IoT-enabled devices. This is expected to boost the demand for 5G services and boost the growth of the global 5G enterprise market during the forecast period.

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Key Market Driver

One of the key factors driving growth in the 5G enterprise market is the growing R&D and deployment of 5G network. R and D in 5G hardware is increasing. R and D activities, along with trend-setting innovations, are expected to increase during the forecast period. In October 2019, Qualcomm Inc. (Qualcomm) announced $200 million in venture subsidies for organizations that are deploying 5G networks. Since 2018, Ericsson has been focusing on R and D in 5G and has contributed more than $350 million to R and D in 5G. The organization focuses on creating 5G and other imaginative portable innovations. The evolution of 5G technology will compel market vendors to develop wireless test equipment that can support the technology effectively. Vendors are competing for 5G network deployment, especially in North America. The Indian government had created a high-level committee to work on a roadmap for the 5G rollout by June 2022. All these factors will have a positive impact on the global 5G enterprise market during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Service
• Exhibit 06: Executive Summary ? Chart on Incremental Growth
• Exhibit 07: Executive Summary ? Data Table on Incremental Growth
• Exhibit 08: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants ? Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes ? Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry ? Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Service

• 5.1 Market segments
• Exhibit 24: Chart on Service - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Service - Market share 2021-2026 (%)

• 5.2 Comparison by Service
• Exhibit 26: Chart on Comparison by Service
• Exhibit 27: Data Table on Comparison by Service

• 5.3 Platform - Market size and forecast 2021-2026
• Exhibit 28: Chart on Platform - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Platform - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Platform - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Platform - Year-over-year growth 2021-2026 (%)

• 5.4 Software - Market size and forecast 2021-2026
• Exhibit 32: Chart on Software - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Software - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Software - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Software - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Service
• Exhibit 36: Market opportunity by Service ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 AT and T Inc.
• Exhibit 89: AT and T Inc. - Overview
• Exhibit 90: AT and T Inc. - Business segments
• Exhibit 91: AT and T Inc. - Key offerings
• Exhibit 92: AT and T Inc. - Segment focus

• 10.4 Cisco Systems Inc.
• Exhibit 93: Cisco Systems Inc. - Overview
• Exhibit 94: Cisco Systems Inc. - Business segments
• Exhibit 95: Cisco Systems Inc. - Key news
• Exhibit 96: Cisco Systems Inc. - Key offerings
• Exhibit 97: Cisco Systems Inc. - Segment focus

• 10.5 Fujitsu Ltd.
• Exhibit 98: Fujitsu Ltd. - Overview
• Exhibit 99: Fujitsu Ltd. - Business segments
• Exhibit 100: Fujitsu Ltd. - Key offerings
• Exhibit 101: Fujitsu Ltd. - Segment focus

• 10.6 Huawei Investment and Holding Co. Ltd.
• Exhibit 102: Huawei Investment and Holding Co. Ltd. - Overview
• Exhibit 103: Huawei Investment and Holding Co. Ltd. - Business segments
• Exhibit 104: Huawei Investment and Holding Co. Ltd. - Key offerings
• Exhibit 105: Huawei Investment and Holding Co. Ltd. - Segment focus

• 10.7 NEC Corp.
• Exhibit 106: NEC Corp. - Overview
• Exhibit 107: NEC Corp. - Business segments
• Exhibit 108: NEC Corp. - Key news
• Exhibit 109: NEC Corp. - Key offerings
• Exhibit 110: NEC Corp. - Segment focus

• 10.8 Nokia Corp.
• Exhibit 111: Nokia Corp. - Overview
• Exhibit 112: Nokia Corp. - Business segments
• Exhibit 113: Nokia Corp. - Key offerings
• Exhibit 114: Nokia Corp. - Segment focus

• 10.9 Samsung Electronics Co. Ltd.
• Exhibit 115: Samsung Electronics Co. Ltd. - Overview
• Exhibit 116: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 117: Samsung Electronics Co. Ltd. - Key news
• Exhibit 118: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 119: Samsung Electronics Co. Ltd. - Segment focus

• 10.10 SK Telecom Co. Ltd.
• Exhibit 120: SK Telecom Co. Ltd. - Overview
• Exhibit 121: SK Telecom Co. Ltd. - Key offerings

• 10.11 Telefonaktiebolaget LM Ericsson
• Exhibit 122: Telefonaktiebolaget LM Ericsson - Overview
• Exhibit 123: Telefonaktiebolaget LM Ericsson - Business segments
• Exhibit 124: Telefonaktiebolaget LM Ericsson - Key news
• Exhibit 125: Telefonaktiebolaget LM Ericsson - Key offerings
• Exhibit 126: Telefonaktiebolaget LM Ericsson - Segment focus

• 10.12 ZTE Corp.
• Exhibit 127: ZTE Corp. - Overview
• Exhibit 128: ZTE Corp. - Business segments
• Exhibit 129: ZTE Corp. - Key news
• Exhibit 130: ZTE Corp. - Key offerings
• Exhibit 131: ZTE Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations
• Exhibit 138: List of abbreviations

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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