How big is the 5G base station equipment market?

The 5G base station equipment market is estimated to reach US$52.733 billion by 2030 from US$29.865 billion in 2025, growing at a CAGR of 12.04%. 5G base stations form the backbone of next-generation wireless networks, enabling enhanced bandwidth, ultra-low latency, and broader coverage to support rising connectivity demands.

What is a 5G NR Network?

As defined in 3GPP TS 38.300, the 5G NR network consists of NG RAN (Next Generation Radio Access Network) and 5GC (5G Core Network). As shown, NG-RAN is composed of gNBs (i.e., 5G Base stations) and ng-eNBs (i.e., LTE base stations). The figure above depicts the overall architecture of a 5G NR system and its components.

Which countries are leading the 5G base station market?

Globally, 5G is being deployed at two different paces, with China supporting half of the base transceiver station (BTS) market while the rest of Asia, Europe, the U.S. and late 5G entrant India dominate the balance of the market. Figure 1 shows our latest base station forecast by region. Figure 1 Macro/Micro regional BTS forecast.

How 5G technology is transforming connectivity?

5G technology is revolutionizing connectivity, and the manufacturers of 5G equipment are leading this transformation. From modems and base stations to RAN, antenna arrays, and core networks, these companies are providing cutting-edge solutions. Leading vendors are offering innovative products to enhance network speed, coverage, and efficiency.

What is a 5G radio access network?

The 5G Radio Access Network (RAN) is the interface between user devices and the 5G core network. It comprises base stations and small cells that manage radio communications, enabling ultra-fast data transfer and low-latency connections.

Will 4G base stations be upgraded to non-standalone 5G?

Upgrading 4G base stations by software to non-standalone (NSA) 5G will still require hardware changes. It will act as an interim, but it will still not satisfy the need for true 5G network architecture. The number of base stations needed increases with each generation of mobile technology to support higher levels of data traffic.