5G Base Station Market Size, Share, and Analysis by 2030
In May 2022, China built 1.6 million 5G base stations and became the first country in the world to build a large-scale 5G network based on the independent networking model.
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.
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.
Major investors: Major investors and key players in the 5G base station market include Huawei, Ericsson, Nokia, Samsung, and ZTE. Startup Ecosystem: The 5G base station market's startup ecosystem is highly dynamic, driven by innovation in areas like Open RAN, AI-driven optimization, and private 5G networks.
China has deployed over 2.4 million 5G base stations as of 2023, accounting for over 60% of the global total China is leading the 5G revolution. With over 2.4 million base stations, the country accounts for more than 60% of all 5G infrastructure globally.
PDF version includes complete article with source references.
Get specifications and technical data for our MW-scale energy storage and PV integration solutions.
45 Energy Innovation Park
London WC2H 8NA, United Kingdom
+44 20 7783 1966
Monday - Friday: 8:00 AM - 6:00 PM GMT