According to TechSci Research report, “India 5G Technology Market – India Industry Size, Share, Trends, Opportunity, and Forecast 2030F”, India 5G Technology Market was valued at USD 25.6 billion in 2024 and is expected to reach at USD 159.1 Billion in 2030 and project robust growth in the forecast period with a CAGR of 35.4% through 2030.
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The surging demand for high-speed internet is a significant driver of the 5G technology market in India. With the growing reliance on digital services such as streaming, online gaming, and cloud computing, consumers and businesses alike require faster, more reliable connectivity. 5G technology promises to deliver data speeds up to 100 times faster than 4G, addressing the limitations of existing networks and accommodating the exponential growth in data traffic. This demand is not confined to urban centers; even rural areas are experiencing a surge in internet usage, driven by digital inclusion efforts and the proliferation of smart devices. As more sectors adopt data-intensive applications and services, the need for robust and high-speed internet solutions becomes increasingly critical, propelling the expansion of the 5G market.
The South region of India is emerging as the fastest-growing area in the 5G Technology Market, driven by a combination of factors that highlight its strategic importance and rapid development in the sector. This region, encompassing key states such as Karnataka, Tamil Nadu, Andhra Pradesh, and Kerala, benefits from a robust IT and technology ecosystem, with cities like Bangalore, Hyderabad, and Chennai serving as major tech hubs. These cities are home to numerous technology companies, startups, and research institutions, creating a conducive environment for the adoption and deployment of 5G technology. The South’s strong infrastructure backbone, including extensive fiber networks and data centers, supports the rapid rollout of 5G services, ensuring both high-speed connectivity and network reliability. Additionally, the region’s significant urban population and increasing digital consumption drive a substantial demand for advanced telecommunications services, further fueling the growth of 5G. The presence of major industrial and commercial sectors in the South, including automotive, manufacturing, and financial services, creates additional opportunities for 5G applications, from smart manufacturing to enhanced digital services. Government initiatives and favorable policies at both state and central levels have also played a critical role in promoting 5G investments and infrastructure development in the South.
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The proactive stance of state governments in fostering a technology-friendly environment, coupled with incentives for telecom operators and technology providers, accelerates the deployment and adoption of 5G networks. Furthermore, the growing interest in smart city projects and digital innovation across Southern India aligns with the capabilities of 5G, positioning the region as a leader in adopting and integrating cutting-edge technologies. As a result, the South region is not only witnessing accelerated 5G deployment but is also becoming a pivotal area for technological advancements and investment in India’s 5G landscape. This multifaceted growth trajectory underscores the South region’s emerging role as a powerhouse in India’s 5G technology market, driving both technological progress and economic development.
In 2024, Based on Technology, the Enhanced Mobile Broadband (eMBB) segment dominated the India 5G Technology Market and is projected to sustain its leadership throughout the forecast period. eMBB focuses on delivering significantly higher data speeds, improved capacity, and enhanced user experiences compared to previous generations of mobile technology. This segment is pivotal for meeting the increasing demand for high-speed internet and data-intensive applications across various sectors. The proliferation of high-definition video streaming, online gaming, and immersive experiences such as virtual reality (VR) and augmented reality (AR) heavily relies on the capabilities provided by eMBB. Additionally, the rapid urbanization and growth of digital services in India drive substantial investments in eMBB infrastructure to support these high-demand applications. The scalability and superior performance of eMBB are crucial for enabling seamless connectivity and supporting the diverse needs of consumers and businesses. While Ultra-Reliable Low Latency Communication (URLLC) and Massive Machine Type Communication (mMTC) are also important for specific use cases, eMBB’s broad applicability and immediate impact on enhancing user experiences and supporting data-heavy applications solidify its dominance. As 5G networks expand and evolve, the continued emphasis on delivering high-speed, high-capacity connectivity ensures that eMBB remains a central focus in the development and deployment of 5G technology in India. This segment’s alignment with the growing demand for faster and more reliable internet services reinforces its leading role in the market, driving both technological advancements and investment priorities.
Key market players in the India 5G Technology Market are: –
ZTE Corporation
IBM Corporation
Fujitsu Limited
MediaTek Inc.
Verizon Communications Inc.
Huawei Technologies Co., Ltd.
Qualcomm Technologies Inc
Samsung Electronics Co., Ltd.
Intel Corporation
Cisco Systems, Inc.
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“The India 5G Technology Market presents significant opportunities driven by the rapid expansion of digital infrastructure and the increasing demand for high-speed connectivity. Key opportunities include the development of smart cities, where 5G enables advanced applications like smart traffic management and public safety enhancements. Additionally, sectors such as healthcare, with telemedicine and remote monitoring, and manufacturing, through automation and IoT, stand to benefit greatly from 5G’s low latency and high bandwidth. The rollout of 5G also offers growth prospects for telecommunications companies and tech startups focused on creating innovative solutions and services. Government initiatives and favorable policies further support investment in 5G technology, creating a fertile environment for market expansion. The convergence of these factors positions India as a burgeoning hub for 5G-driven technological advancements and business opportunities.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.
“India 5G Technology Market By Component (Hardware, Software, Services), By Technology (Enhanced Mobile Broadband [eMBB], Ultra-Reliable Low Latency Communication [URLLC], Massive Machine Type Communication [mMTC]), By Spectrum (5G NR Sub-6GHz, 5G NR mmWave), By Application (Consumer, Enterprises), By Region, Competition, Forecast and Opportunities 2020-2030F” has evaluated the future growth potential of India 5G Technology Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India 5G Technology Market.
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