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5G Equipment Market size is set to grow by USD 146.95 billion from 2024-2028, Adoption of 5G networks for smart cities boost the market, Technavio

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NEW YORK, July 2, 2024 /PRNewswire/ — The global 5G equipment market size is estimated to grow by USD 146.95 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 81.05% during the forecast period. Adoption of 5G networks for smart cities is driving market growth, with a trend towards growing r and d and deployment of 5G network. However, energy efficiency challenges in 5g small cell networks poses a challenge. Key market players include Airspan Networks Holdings Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd., and ZTE Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

5G Equipment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 81.05%

Market growth 2024-2028

USD 146954.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

69.9

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 31%

Key countries

US, China, UK, South Korea, and Japan

Key companies profiled

Airspan Networks Holdings Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd., and ZTE Corp.

 

Market Driver

The global 5G equipment market is experiencing significant growth due to increased R&D investments in 5G technology by companies like Ericsson. With over USD350 million spent on 5G R&D since 2018, the focus is on creating innovative portable technologies. The shift from 4G to 5G is evident in regions such as Sub-Saharan Africa, where 48% of 2023’s 5G network launches occurred. India, too, has seen the expansion of 5G networks to over 730 districts and 100 million subscribers. These factors collectively contribute to the market’s growth during the forecast period. 

The 5G equipment market is experiencing significant growth with the implementation of new technologies. Networking equipment such as routers, switches, and modems are in high demand. The use of 5G technology requires advanced capabilities, leading to the need for new and upgraded equipment. Manufacturing companies are responding with innovative solutions, including customizable and efficient 5G infrastructure. The demand for 5G equipment is driven by the increasing need for faster and more reliable connectivity. The market is expected to continue growing, with Tablets, bandwidth, and cloud-based services also playing a role. Overall, the 5G equipment market is an essential component of the digital transformation trend. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The 5G equipment market faces challenges in ensuring energy efficiency, particularly with the deployment of small cells. The increase in network traffic due to higher consumer adoption of 5G and 4G will necessitate redesigning network infrastructure. Ultra-dense network (UDN) organization will increase energy usage, primarily due to the rising number of users. Telecommunications firms must balance transmission and computational power to offer increased bandwidth while maintaining energy efficiency. Manufacturers must address this trade-off and focus on energy-saving solutions to mitigate the impact on the global 5G equipment market growth.The 5G equipment market is experiencing significant growth, with numerous companies and manufacturers investing in new technologies. However, challenges persist in the implementation and deployment of 5G infrastructure. One major challenge is the high cost of 5G equipment and components, such as antennas and base stations. Additionally, the complex nature of 5G technology requires advanced technical expertise and specialized skills. Another challenge is the need for extensive network coverage and capacity to support the increasing demand for high-speed data and connectivity. Furthermore, regulatory issues and standardization processes also pose challenges to the market’s growth. Despite these challenges, the potential benefits of 5G technology, including increased efficiency, faster data transfer, and improved network reliability, make it a worthwhile investment for businesses and consumers alike.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This 5g equipment market report extensively covers market segmentation by 

Product 1.1 Macrocell1.2 Small cell1.3 OthersEnd-user 2.1 Non-retail sector2.2 Retail sectorGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Macrocell- The 5G equipment market is experiencing significant growth due to the increasing demand for macrocells in expanding urban areas. Macrocells, high-power network cells, provide extensive coverage for large towns and transmit intense data signals. Integrated with power semiconductor devices, they support the high-power density requirements of 5G infrastructure. The focus on smart city development worldwide is driving this trend, as macrocells enable the deployment of 5G networks over extensive city areas and offer high user connection capacity.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The 5G equipment market is experiencing significant growth due to the increasing adoption of fifth-generation technology standard worldwide. This advancement in wireless communication is revolutionizing various sectors, including data-intensive applications, smartphones, tablets, and data-driven services. The proliferation of high-definition videos, cloud-based applications, online gaming, and IoT devices is driving the demand for 5G equipment. Governments and nations are investing heavily in 5G infrastructure to support the remote work culture and edge computing capabilities. The integration of 5G with semi-autonomous vehicles, digitalization, IoT, big data, and cloud computing is transforming industries and enhancing global connectivity. The hardware and software components of 5G equipment are essential for delivering the required bandwidth and reliability for these applications.

Learn and explore more about Technavio’s in-depth research reports

Global 5G Fixed Wireless Access (FWA) Market: The global 5G Fixed Wireless Access (FWA) market is poised for substantial growth, driven by increasing demand for high-speed internet connectivity in residential and commercial sectors. With 5G technology’s promise of ultra-low latency and higher data speeds, providers are expanding their FWA offerings to capitalize on this burgeoning market.

Global Vehicle-to-Grid Market: The global Vehicle-to-Grid (V2G) market is gaining traction as a pivotal solution for energy management and electric vehicle integration. V2G technology allows electric vehicles to not only consume power but also supply excess energy back to the grid, enhancing grid stability and enabling cost-effective energy management solutions globally.

Market Research Overview

The 5G Equipment Market is experiencing significant growth due to the increasing demand for faster and more reliable wireless communication. This market encompasses various components such as antennas, base stations, routers, and other networking equipment necessary for 5G networks. The technology behind 5G, including Massive MIMO and beamforming, requires advanced and sophisticated equipment. The implementation of 5G is also driving the development of new applications in areas like autonomous vehicles, smart cities, and telemedicine. The global market for 5G equipment is expected to reach substantial growth in the coming years, with key drivers being the increasing number of 5G deployments and the ongoing advancements in 5G technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductMacrocellSmall CellOthersEnd-userNon-retail SectorRetail SectorGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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The Bone Health and Osteoporosis Foundation (BHOF) and Marian University Partner to Promote Bone Health in Indiana

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ARLINGTON, Va., May 14, 2025 /PRNewswire/ — Osteoporosis, a disease that causes bones to become weak and more likely to fracture, affects approximately 10 million Americans, with another 44 million at risk due to low bone density. Yet many individuals remain unaware that they have the disease until they break a bone. In fact, about one in two women and up to one in four men over the age of 50 will break a bone in their lifetime due to osteoporosis.

Marian University and the Bone Health and Osteoporosis Foundation (BHOF) are teaming up to bring greater awareness to osteoporosis. Their partnership focuses on helping individuals understand the risks, learn ways to prevent bone loss, and recognize the importance of early diagnosis. They are also working to spread awareness in communities throughout Indiana, especially in underserved areas where access to bone health education and resources may be limited.

“Improving bone health across the lifespan starts with education,” said Kathleen Shoemaker, BHOF Board Chair. “We are proud to partner with Marian University to ensure more people, especially those in underserved communities, have access to the knowledge and tools they need to prevent fractures and maintain strong bones for life.”

Through this collaboration, Marian University and BHOF are committed to providing preventive tips, management strategies, and emphasizing the importance of maintaining strong, healthy bones at every stage of life. Educational initiatives will include seminars, health fairs, workshops, and digital outreach, all designed to empower individuals with the knowledge they need to protect themselves.

The effort also highlights the importance of regular bone density screenings, proper nutrition—including adequate intake of calcium and vitamin D—and weight-bearing exercises, all of which are crucial in managing and preventing osteoporosis.

“This partnership reflects our deep commitment to community health and proactive education,” said Dr. Todd Logan, Scholar-in-Residence for Aging & Society at Marian University. “By working with BHOF, we can help deliver vital bone health resources to more Hoosiers, especially in communities where access to care and education has been limited.”

About the Bone Health and Osteoporosis Foundation

Established in 1984, the Bone Health and Osteoporosis Foundation is the nation’s leading health organization dedicated to promoting strong bones for life, preventing osteoporosis and broken bones, and reducing human suffering through programs of awareness, education, advocacy, and research. For more information on the Bone Health and Osteoporosis Foundation, visit www.bonehealthandosteoporosis.org.

About Marian University

Founded in 1937, Marian University is the only Catholic university in Indianapolis and central Indiana, serving more than 5,100 students, including 4,000 undergraduate and 1,200 graduate students, earning degrees in the arts, business, education, engineering, math, medicine, nursing, ministry, and the natural and physical sciences. In 2013, Marian University established its College of Osteopathic Medicine, the first new school of medicine in Indiana in more than 100 years, and in 2023, opened the new E. S. Witchger School of Engineering as part of the university’s continuing efforts to graduate students that help meet the Midwest’s growing STEM workforce needs. For more information, visit www.marian.edu.

Media Contact for the Bone Health and Osteoporosis Foundation
Carina May
cmay@bonehealthandosteoporosis.org
703-740-1764

Media Contact for Marian University
Christopher Proffitt
cproffitt@marian.edu
317-955-6591

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SOURCE Bone Health & Osteoporosis Foundation

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5WPR Wins Gold Stevie Award for PR Campaign of the Year (Technology) with Huntress

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NEW YORK, May 14, 2025 /PRNewswire/ — 5WPR, one of the largest independently-owned PR and digital marketing firms in the U.S., is proud to announce it has been awarded a Gold Stevie Award for PR Campaign of the Year (Technology) for its rapid-response media campaign with leading cybersecurity firm Huntress.

The campaign launched in February 2024 in response to a critical vulnerability discovered in ConnectWise ScreenConnect. As Huntress’s CEO Kyle Hanslovan and his team rapidly developed a proof of concept to demonstrate the severity of the issue, 5WPR mobilized a fast-paced media strategy to ensure the company’s findings reached the cybersecurity community, business leaders, and the public with urgency and clarity.

Through targeted outreach and expert commentary, 5WPR secured 104 media placements and over 14 billion impressions within the first month alone. Huntress was featured in 90 percent of all ConnectWise-related coverage, with appearances in top outlets including Axios, TechCrunch, Dark Reading, and TechRepublic. The effort firmly positioned Huntress as a trusted source for real-time cybersecurity insights.

“Winning the Gold Stevie for our work with Huntress is an incredible honor and reflects the speed, precision, and expertise our team brings to high-stakes communications,” said Lori Ruggiero, Managing Partner and EVP, Corporate and Technology at 5WPR. “We are proud to support Huntress in their mission to protect businesses and lead critical industry conversations.”

The American Business Awards® (The Stevie Awards) are recognized as one of the most coveted global honors for business achievements, celebrating excellence in marketing, communications, and public relations across various sectors. All 2025 Public Relations Award winners can be viewed here.

The campaign showcases 5WPR’s strength in translating complex technical issues into accessible, impactful narratives that drive visibility and credibility in competitive markets.

About 5WPR

5WPR is a full-service PR agency known for cutting-edge programs that engage with businesses, issues, and ideas. Founded in 2003, 5W has been named a top US and NYC PR Agency by leading industry publication O’Dwyer’s, as well as awarded Agency of the Year in the 2024 American Business Awards®, and continuously brings leading businesses a resourceful, bold, and results-driven approach to communication. The agency has more than 250 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). In addition to its business accolades, 5W was named to the 2024 Digiday WorkLife Employer of the Year list. For more information and to join our team visit 5W Careers.

Media Contact
Chris Bergin
cbergin@5wpr.com

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SOURCE 5W Public Relations

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Meet the 2025 We Love Tech Awards Winners: Where Innovation Takes Center Stage

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The 2025 We Love Tech Awards honor groundbreaking innovation in enterprise technology, recognizing winners and finalists across AI, Cloud, SaaS, and more—celebrated live and amplified by Evan Kirstel.

BOSTON, May 14, 2025 /PRNewswire-PRWeb/ — Innovation isn’t a buzzword—it’s the engine of progress. It powers the platforms we rely on, the tools that redefine industries, and the visionary products that change how we connect, create, and thrive. That’s why we launched Evan Kirtsel’s We Love Tech Awards: to celebrate the products, organizations, and experiences that are shaping the future of enterprise technology.

Innovation is the heartbeat of enterprise tech—and these winners aren’t just building the future, they’re accelerating it. The We Love Tech Awards are about shining a spotlight on the boldest thinkers, the most impactful solutions, and the people pushing boundaries every single day.

“Innovation is the heartbeat of enterprise tech—and these winners aren’t just building the future, they’re accelerating it,” said Evan Kirstel, B2B Tech Influencer & Founder, We Love Tech Awards. “The We Love Tech Awards are about shining a spotlight on the boldest thinkers, the most impactful solutions, and the people pushing boundaries every single day.”

After months of judging by our expert panel, we’re proud to reveal the 2025 Winners and Finalists—a group of game-changers spanning AI, Cloud, IoT, Customer Experience, and beyond.

This Year’s Standouts: 2025 Winners

These companies and products aren’t just innovating—they’re setting new standards for excellence:

🏢 VAI Cloud LLC — Cloud Computing🏢 Klearcom — Customer Experience🧠 EY WeVerse — Artificial Intelligence (AI)/Machine Learning (ML)🧠 Veryon Reliability — Artificial Intelligence (AI)/Machine Learning (ML)🌩️ Dynex Quantum Powered Solutions — Cloud Computing🤖 Alorica – evoAI — Customer Experience🧩 Cyara AI-Led CX Transformation Platform — Customer Experience📊 VERDAZO — Enterprise Technology🎮 TD Treat Island Tycoon (Roblox) — Gaming📡 Hytera US Inc — Internet of Things (IoT)💸 DailyPay’s On-Demand Pay Solution💬 CallTower GCC High for Microsoft Teams — SaaS/UCaaS/XaaS🌱 Enablon ESG Excellence — SaaS/UCaaS/XaaS🕶️ TD Immersive Learning — Virtual Reality (VR)/Augmented Reality (AR)

Each winner receives a blockchain-based Verix® certificate, a royalty-free award badge, press amplification, and spotlight opportunities—including appearances on my show.

2025 Finalists: Visionaries in the Making

These finalists impressed our judges with their bold ideas and innovative thinking:

💡 CCH Tagetik Intelligent Platform — Artificial Intelligence (AI)/Machine Learning (ML)📶 TEAL (Teal Communications, Inc.) — Internet of Things (IoT)🛠️ Omnira Asset Planner — SaaS/UCaaS/XaaS🎧 Genesys Cloud Contact Center — Contact Center

Join Us Live: Online Awards Show – May 14, 2025

Mark your calendars! Evan Kirstel will host the Official 2025 We Love Tech Awards Show LIVE on May 14, 2025. Join us as we reveal exclusive behind-the-scenes stories, spotlight the winners, and talk innovation with leaders shaping the future.

🎟️ Watch Live: https://linktr.ee/EvanKirstel

Why These Awards Matter

The We Love Tech Awards are more than a trophy—they’re a movement. Here’s what sets us apart:

🔊 Social-First Recognition: Winners are amplified across my 550K+ followers on LinkedIn, Twitter, Instagram, and beyond.🌐 Inclusive & Diverse Categories: From VR to Cloud, AI to Gaming, we spotlight innovation wherever it thrives.🎥 A Live Show Experience: This isn’t a boring webcast. It’s a high-energy digital celebration—designed for a global, tech-forward audience.

Let’s Keep Building the Future

This program isn’t just about recognizing excellence—it’s about elevating voices, forging community, and shaping what’s next. Whether you’re a marketer, founder, or technologist, now’s your time to shine.

💡 Visit www.welovetechawards.com to learn more, subscribe for updates, or get involved.

Let’s celebrate what’s next in tech—together.

About Evan Kirstel

Evan Kirstel, a top B2B tech influencer, boasts an impressive social reach of over 550,000 followers across his podcast and platforms like YouTube, LinkedIn, Twitter, and Instagram. With years of experience working with Fortune 1000 brands, Evan helps companies harness social media for strategic growth, audience engagement, and social selling. Learn more at https://www.evankirstel.com/.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers. Learn more at https://www.bintelligence.com/.

Media Contact

Eliana Starbird, Business Intelligence Group LLC, 1 9095292737, eliana@welovetechawards.com, www.welovetechawards.com

Twitter, LinkedIn

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SOURCE Business Intelligence Group LLC

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