India 5G Technology Market is expected to register a CAGR of 35.4% through 2030F
The India 5G technology
market is rising due to rapid urbanization, increasing demand for high-speed
internet, and significant investments in digital infrastructure and technology upgrades
in the forecast period 2026-2030F.
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. 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.
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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.
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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