5G Base Station Market Size, Share & 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,
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.
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.
Asia Pacific registered dominance in the 5G base station market by holding the largest share in 2024. This is mainly due to the rapid expansion of the telecommunication sector, especially in emerging countries like India and South Korea. The region is likely to sustain a growth trajectory in the coming years.
They help fill coverage gaps, improve network reliability, and handle high data traffic. In cities, more than 60% of 5G base stations are small cells, placed on rooftops, lampposts, and building facades. These mini base stations are crucial for delivering consistent 5G speeds in crowded areas like stadiums, shopping malls, and business districts.
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