Global 5G Technology Market Size, Status and Forecast 2021-2027

5G technology is the fifth-generation wireless technology, which is in its developmental stage, and is expected to be commercialized in the coming two to three years. The technologys operational speed is expected to be several times faster than the existing wireless technologies (1G, 2G, 3G, and 4G) and significantly penetrate the 2G and 3G wireless markets. High speed, faster download speed, low cost, and expansion in the Internet of Things (IOT) market drive the 5G technology market.
The countries that are expected to be the early adopters of 5G technology are the U.S., Japan, South Korea, and China.

In 2020, the global 5G Technology market size will be US$ 31530 million and it is expected to reach US$ 73230 million by the end of 2026, with a CAGR of 15.1% during 2021-2026.
This report focuses on the global 5G Technology status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the 5G Technology development in North America, Europe, Japan, China, Southeast Asia, India, etc.

Global 5G Technology Scope and Market Size
5G Technology market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global 5G Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
SDN
NFV
MEC

Segment by Application
Smart Home
Autonomous Driving
Smart Cities
Industrial IoT
Smart Farming
Others

By Region
North America
Europe
Japan
China
Southeast Asia
India

By Company
Qualcomm (US)
Intel (US)
Ericsson (SE)
Samsung (KR)
NEC (JP)
Mediatek (TW)
Cisco (US)
Marvell (US)
Qorvo (US)
Samsung (KR)
NEC (JP)