5g base station and power equipment investment

What is the global 5G base station market size?

The global 5G base station market size was estimated at USD 33,472.5 million in 2023 and is projected to reach USD 253,624.3 million by 2030, growing at a CAGR of 33.5% from 2024 to 2030. The surging demand for high-speed connectivity is a significant factor driving the growth of the 5G base station market.

What are 5G base stations?

5G base stations form the backbone of next-generation wireless networks, enabling enhanced bandwidth, ultra-low latency, and broader coverage to support rising connectivity demands. Driven by surging smartphone adoption (78% global mobile ownership in 2023, per ITU) and escalating internet usage, the market is poised for robust growth.

How will Europe's 5G base station market evolve from 2024 to 2030?

The Europe 5G base station market is poised for significant growth from 2024 to 2030. The European regulatory environment supports 5G deployment, with policies designed to facilitate the rollout of 5G infrastructure. This includes streamlined permitting processes, clear spectrum allocation strategies, and efforts to reduce regulatory barriers.

Which companies are partnering with 5G in 2025?

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.