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India 5G Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

India 5G Market : By Component (Hardware, Software and Services); Connectivity ((Enhanced Mobile Broadband (EMBB), Ultra-Reliable Low Latency Communication (URLLC) and Massive Machine Type Communication (MMTC)); Application (Industrial Automation, Monitoring & Tracking, Enhanced Video Streaming, AR & VR, Smart Surveillance and Remote Surgical Operations and others); Industry (BFSI, IT & Telecommunication, Manufacturing, Automotive, Media & Entertainment, Healthcare, Energy and Utility and others)—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2023–2031

  • Published On: 31-Jan-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0221052
    Delivery: 2 to 4 Hours


The India 5G market was valued at US$ 7,056 Mn in 2022.

The market is projected to record a CAGR of 43.8% during the forecast period. 

High adoption rate of 5G Smartphones among the customers and the development of 5G Infrastructure are the factors driving India 5G market.

High Cost for deployment of 5G network may hinder the market growth.

Rising focus on building partnerships by 5G system integration providers is providing a lucrative opportunity for market growth.

The various segments analyzed in the India 5G market are based on component, connectivity, application and industry.

Hardware segment held the highest segmental share in 2022.

Fixed Wireless Services is the highest application segment in 2022.

Enhanced Mobile Broadband (EMBB) is the highest shareholding connectivity segment in 2022?

IT & Telecommunication is the highest end user industry in the India 5G market.

The key players in the India 5G Market are ZTE Corporation, Nokia Corporation, Adani Group, CommScope Inc., Airspan Networks, Samsung Electronics Co. Ltd., Reliance Jio, Bharti Airtel Ltd., Vodafone Group, AT&T, Inc., NEC Corporation, Verizon Communications, Inc., Cisco Systems, Inc., NTT and BT Group plc among others.