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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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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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