Global Industrial 5G Supply, Demand and Key Producers, 2026-2032
Description
The global Industrial 5G market size is expected to reach $ 235330 million by 2032, rising at a market growth of 22.5% CAGR during the forecast period (2026-2032).
Industrial 5G is 5G communication that meets the demands of industrial applications. It is based on Release 16 (or later) of the wireless standard that supports the URLLC scenario.It's designed for industrial environments that differ from consumer-based applications. Industrial 5G runs in a local private network and supports industrial protocols (OPC UA, PROFINET, Safety, etc.).
The market drivers for Industrial 5G mainly stem from the urgent need within manufacturing and industrial sectors for smarter, more flexible, and efficient production. As industrial automation advances, traditional wired and Wi-Fi communications struggle to meet demands for mobility, real-time responsiveness, and large-scale connectivity, pushing enterprises to adopt more advanced wireless technologies. The rapid growth of Industrial IoT (IIoT) results in massive device connectivity requirements, necessitating networks with high reliability and ultra-low latency to ensure critical operations' continuity and security. Additionally, industrial companies seek to improve production efficiency, reduce operational costs, and enable predictive maintenance, all of which Industrial 5G supports through capabilities like edge computing, local data processing, and precise control.
Government policies promoting smart manufacturing, digital transformation, and new infrastructure development accelerate Industrial 5G trials and deployments. Collaboration among telecom providers, industrial equipment manufacturers, and solution vendors drives standardization and maturity of use cases. Furthermore, the relaxation of regulations around private 5G networks enables more enterprises to deploy customized Industrial 5G solutions, boosting market momentum. Overall, the development of the Industrial 5G market is driven by a combination of industrial upgrading needs, technological evolution, policy support, and innovative business models.
Global key industrial 5G players include Ericsson, Huawei, Nokia etc. The top 3 companies hold a share about 26%. Asia-Pacific is the largest market, with a share about 54%, followed by Europe and North America with the share about 23% and 17%. In terms of product, hardware is the largest segment, with a share over 57%. And in terms of application, the largest application is process industrial, followed by discrete industrial.
This report studies the global Industrial 5G demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Industrial 5G, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Industrial 5G that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Industrial 5G total market, 2021-2032, (USD Million)
Global Industrial 5G total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Industrial 5G total market, key domestic companies, and share, (USD Million)
Global Industrial 5G revenue by player, revenue and market share 2021-2026, (USD Million)
Global Industrial 5G total market by Type, CAGR, 2021-2032, (USD Million)
Global Industrial 5G total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Industrial 5G market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ericsson, Huawei, Nokia, Samsung, ZTE, China Mobile, China Telecom, China Unicom, Verizon, AT&T, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Industrial 5G market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Industrial 5G Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Industrial 5G Market, Segmentation by Type:
Hardware
Software
Service
Global Industrial 5G Market, Segmentation by Application:
Process Industry
Discrete Industry
Companies Profiled:
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Vodafone Group
SK Telecom
NTT
KT Corporation
Cisco
Siemens
BT
Microsoft
Fujitsu
NEC
Key Questions Answered
1. How big is the global Industrial 5G market?
2. What is the demand of the global Industrial 5G market?
3. What is the year over year growth of the global Industrial 5G market?
4. What is the total value of the global Industrial 5G market?
5. Who are the Major Players in the global Industrial 5G market?
6. What are the growth factors driving the market demand?
Industrial 5G is 5G communication that meets the demands of industrial applications. It is based on Release 16 (or later) of the wireless standard that supports the URLLC scenario.It's designed for industrial environments that differ from consumer-based applications. Industrial 5G runs in a local private network and supports industrial protocols (OPC UA, PROFINET, Safety, etc.).
The market drivers for Industrial 5G mainly stem from the urgent need within manufacturing and industrial sectors for smarter, more flexible, and efficient production. As industrial automation advances, traditional wired and Wi-Fi communications struggle to meet demands for mobility, real-time responsiveness, and large-scale connectivity, pushing enterprises to adopt more advanced wireless technologies. The rapid growth of Industrial IoT (IIoT) results in massive device connectivity requirements, necessitating networks with high reliability and ultra-low latency to ensure critical operations' continuity and security. Additionally, industrial companies seek to improve production efficiency, reduce operational costs, and enable predictive maintenance, all of which Industrial 5G supports through capabilities like edge computing, local data processing, and precise control.
Government policies promoting smart manufacturing, digital transformation, and new infrastructure development accelerate Industrial 5G trials and deployments. Collaboration among telecom providers, industrial equipment manufacturers, and solution vendors drives standardization and maturity of use cases. Furthermore, the relaxation of regulations around private 5G networks enables more enterprises to deploy customized Industrial 5G solutions, boosting market momentum. Overall, the development of the Industrial 5G market is driven by a combination of industrial upgrading needs, technological evolution, policy support, and innovative business models.
Global key industrial 5G players include Ericsson, Huawei, Nokia etc. The top 3 companies hold a share about 26%. Asia-Pacific is the largest market, with a share about 54%, followed by Europe and North America with the share about 23% and 17%. In terms of product, hardware is the largest segment, with a share over 57%. And in terms of application, the largest application is process industrial, followed by discrete industrial.
This report studies the global Industrial 5G demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Industrial 5G, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Industrial 5G that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Industrial 5G total market, 2021-2032, (USD Million)
Global Industrial 5G total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Industrial 5G total market, key domestic companies, and share, (USD Million)
Global Industrial 5G revenue by player, revenue and market share 2021-2026, (USD Million)
Global Industrial 5G total market by Type, CAGR, 2021-2032, (USD Million)
Global Industrial 5G total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Industrial 5G market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ericsson, Huawei, Nokia, Samsung, ZTE, China Mobile, China Telecom, China Unicom, Verizon, AT&T, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Industrial 5G market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Industrial 5G Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Industrial 5G Market, Segmentation by Type:
Hardware
Software
Service
Global Industrial 5G Market, Segmentation by Application:
Process Industry
Discrete Industry
Companies Profiled:
Ericsson
Huawei
Nokia
Samsung
ZTE
China Mobile
China Telecom
China Unicom
Verizon
AT&T
Vodafone Group
SK Telecom
NTT
KT Corporation
Cisco
Siemens
BT
Microsoft
Fujitsu
NEC
Key Questions Answered
1. How big is the global Industrial 5G market?
2. What is the demand of the global Industrial 5G market?
3. What is the year over year growth of the global Industrial 5G market?
4. What is the total value of the global Industrial 5G market?
5. Who are the Major Players in the global Industrial 5G market?
6. What are the growth factors driving the market demand?
Table of Contents
138 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Industrial 5G Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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