5G Component Market, Global Outlook and Forecast 2025-2031

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5G Component Market, Global Outlook and Forecast 2025-2031

The global 5G Component Market was valued at million in 2024 and is projected to reach US$ million by 2031, at a CAGR of %during the forecast period.

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5G Component Market Overview

5G Component refers to any individual part or element used in 5G communication systems, contributing to their functionality and performance.

5G is a key and cross-age technology that opens the era of the Internet of Everything, and all countries are grabbing market share. The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

China is a leader in 5G technology. According to the latest statistics from the Ministry of Industry and Information Technology, China newly added 887,000 5G base stations in 2022 (currently reaching 2.312 million, accounting for more than 60% of the world”s total), and 110 cities in China have reached gigabit city construction standard. According to the Digital China Development Report (2022) released by the State Internet Information Office, by the end of 2022, China had built a total of 2.312 million 5G base stations, with 561 million 5G users, accounting for more than 60% of the world.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the 5G Component companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks

This report aims to provide a comprehensive presentation of the global market for 5G Component, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 5G Component. This report contains market size and forecasts of 5G Component in global, including the following market information:

• Global 5G Component market revenue, 2020-2025, 2026-2031, ($ millions)

• Global top five 5G Component companies in 2024 (%)



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5G Component Key Market Trends  :

• Rapid Expansion of 5G Infrastructure

Governments and telecom companies worldwide are investing heavily in expanding 5G networks, leading to increased demand for 5G components.

• Technological Advancements in Semiconductor Industry

The development of advanced semiconductor technologies like GaN and SiC is enhancing 5G performance, driving market growth.

• Rise in 5G Adoption Across Industries

Sectors like healthcare, automotive, and manufacturing are integrating 5G technology, boosting component demand.

• China Leading the 5G Market

China dominates the global 5G landscape with the highest number of base stations and users, influencing global market trends.

• Growing Investments in R&D

Key players are heavily investing in research and development to improve 5G efficiency, reliability, and security.

Total Market by Segment:

Global 5G Component market, by Type, 2020-2025, 2026-2031 ($ millions)

Global 5G Component market segment percentages, by Type, 2024 (%)

• Electronic Component

• Substrate

• Others

Global 5G Component market, by Application, 2020-2025, 2026-2031 ($ millions)

Global 5G Component market segment percentages, by Application, 2024 (%)

• 5G Terminal

• 5G Base Station

Further, the report presents profiles of competitors in the market, key players include:

• Kyocera

• Murata

• Canqin Technology

• Dongshan Precision Manufacturing

• Tongyu Communication

• Wuhan Fingu Electronic

• TDK

• Fenghua Advanced

• CTS Corporation

• Partron

• Bosch

• Yokowo

• TATFOOK

• Guoren Tech

• Qorvo

• Chunxing

Market Drivers

• Growing Mobile Subscriber Base

With over 5.4 billion mobile users globally, the increasing demand for high-speed connectivity is driving the 5G component market.

• Government Support & Policies

Governments worldwide are providing incentives and subsidies to accelerate 5G deployment, benefiting component manufacturers.

• Surge in IoT & Smart Devices

The rise of smart homes, connected vehicles, and industrial automation is fueling the demand for 5G-enabled components.



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About Semiconductor Insight:

Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.

FAQs

Q: What are the key driving factors and opportunities in the 5G Component Market?

A: The market is driven by the growing mobile subscriber base, increasing demand for high-speed internet, and government support. Opportunities include expansion in emerging markets and advancements in AI-integrated 5G networks.

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Q: Which region is projected to have the largest market share?

A: China is expected to dominate the 5G component market due to its extensive 5G infrastructure and the highest number of users worldwide.

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Q: Who are the top players in the global 5G Component Market?

A: Leading companies include Qualcomm, Huawei, Ericsson, Nokia, and Intel, which are actively investing in 5G technology advancements.

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Q: What are the latest technological advancements in the industry?

A: Innovations include GaN and SiC semiconductors, AI-driven 5G networks, and the deployment of private 5G systems for enterprises.

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Q: What is the current size of the global 5G Component Market?

A: The market was valued at millions in 2024 and is expected to grow at a significant CAGR, reaching billions by 2031.

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