Global G Technology Infrastructure Market Size
With a projected value of US$ 29.9 billion by 2034 and a compound annual growth rate (CAGR) of 7.20%, the 5G Technology Infrastructure Market was valued at US$ 15.9 billion in 2024.
The fifth generation of cellular networks, or 5G, is typically understood to provide broadband access. 5G wireless refers to a set of technologies that are recognized as "Release 15" and "Release 16" by the 3rd Generation Partnership Project (3GPP). The 3GPP is an association comprising nearly all international groups responsible for telecommunication standards. Its goal is to unify the definition of 3G wireless technology and advance to next-generation networks. 3GPP now defines which technologies are part of 5G wireless and which are not.