The global 5G enterprise market size is anticipated to reach USD 13,868.8 million by 2030 and is expected to expand at a CAGR of 31.0% during the forecast period, according to a new report by Grand View Research, Inc. A convergence of technological, economic, and strategic factors is fueling the market's growth.

At the heart of this expansion is the increasing demand for ultra-reliable, low-latency communication (URLLC) and massive machine-type communication (mMTC), essential for powering next-generation enterprise applications. Industries such as manufacturing, healthcare, logistics, and smart cities rapidly adopt 5G to enable automation, real-time analytics, and immersive experiences like augmented reality (AR) and virtual reality (VR). These capabilities transform operational efficiency and unlock new business models, making 5G a foundational technology for digital transformation.

Government initiatives and national strategies are also pivotal in accelerating 5G enterprise adoption. Countries like Singapore have invested billions into research and infrastructure to position themselves as innovation hubs, achieving near-universal standalone 5G coverage and encouraging enterprise-led experimentation across sectors. Such policies create fertile ground for private 5G networks, offering enhanced security, customization, and performance compared to public networks. The rise of edge computing and network slicing further amplifies this trend, allowing enterprises to tailor connectivity to specific use cases while minimizing latency and bandwidth constraints.

Moreover, the proliferation of smart devices and the growing need for high-speed connectivity drive enterprises to upgrade their communication infrastructure. The shift toward remote work, cloud-based services, and IoT deployments has intensified the need for robust and scalable networks. Satellite-5G partnerships and shared spectrum models are expanding coverage and lowering entry barriers, making 5G more accessible to a broader range of businesses. Despite challenges like high capital investment and talent shortages, early adopters are already reporting measurable gains in productivity and innovation, reinforcing the market's upward trajectory.

Order a free sample PDF of the 5G Enterprise Market Intelligence Study, published by Grand View Research.

 

Further key findings from the report suggest:

  • In terms of network type segment, the private networks segment accounted for the largest share of 43.5% in 2024.
  • In terms of infrastructure segment, the core network segment held the largest market share in 2024.
  • In terms of organization size segment, the large enterprises segment dominated the market in 2024 and is projected to grow at a significant CAGR over the forecast period.
  • North America 5G enterprise market accounted for a 35.5% share of the overall market in 2024.
  • The 5G enterprise industry in the U.S. held a dominant position in 2024.

5G Enterprise Market Segmentation

Grand View Research has segmented the global 5G enterprise market based on network type, infrastructure, spectrum, frequency band, organization size, vertical, and region:

  • Network Type Outlook (Revenue, USD Billion, 2018 - 2030)
    • Hybrid Networks
    • Private Networks
    • Enterprise Network
    • CSP Network
  • Infrastructure Outlook (Revenue, USD Billion, 2018 - 2030)
    • Access Equipment
    • Small Cells
    • NFV
    • Core Network 
    • SDN
    • E-RAN Equipment (Service Node)
  • Spectrum Outlook (Revenue, USD Billion, 2018 - 2030)
    • Licensed
    • Unlicensed/Shared
  • Frequency Band Outlook (Revenue, USD Billion, 2018 - 2030)
    • Sub-6GHz
    • mmWave
  • Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)
    • Large Enterprises
    • Small & Medium Enterprises (SMEs)
  • Vertical Outlook (Revenue, USD Billion, 2018 - 2030)
    • BFSI
    • Manufacturing
    • Energy & utilities
    • Retail
    • Healthcare
    • Government and public safety
    • Others
  • Regional Outlook (Revenue, USD Billion, 2018 - 2030)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Latin America
      • Brazil
    • Middle East and Africa (MEA)
      • KSA
      • UAE
      • South Africa

List of Key Players in the 5G Enterprise Market

  • Telefonaktiebolaget LM Ericsson
  • Nokia
  • Huawei Technologies Co., Ltd.
  • Qualcomm Technologies, Inc.
  • Samsung
  • Cisco Systems, Inc.
  • ZTE Corporation
  • Hewlett Packard Enterprise Development LP
  • Intel Corporation
  • Microsoft

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com.