Global 5G CPE market Size By Type, By End-Use Industry, By Geographic Scope And Forecast

Report ID: 415395|No. of Pages: 202

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Global 5G CPE market Size By Type, By End-Use Industry, By Geographic Scope And Forecast

Report ID: 415395|Published Date: Jun 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

5G CPE market Size and Forecast

5G CPE market size was valued at USD 1,301 Million in 2024 and is projected to reach USD 14,712 Million by 2031, growing at a CAGR of 35.3% during the forecasted period 2024 to 2031

5G CPE market is estimated to grow at a CAGR of 35.3% & reach US$ 14,712 Mn by the end of 2031

Global 5G CPE market Drivers

The market drivers for the 5G CPE market can be influenced by various factors. These may include:

  • Quick Deployment of 5G Networks: The need for 5G CPE is being driven by the continuous global rollout and expansion of 5G networks. In order to provide high-speed internet and low-latency connectivity, telecom operators and service providers are substantially spending in developing their 5G infrastructure, which is opening up chances for the deployment of 5G CPE.
  • Increasing Demand for High-Speed Internet: Growing Need for High-Speed Internet Access High-speed internet access is becoming more and more necessary for families and companies as a result of the growth of bandwidth-intensive activities like online gaming, streaming video, and cloud services. Ultra-fast wireless broadband access is made possible by 5G CPE, which presents a compelling substitute for conventional fixed-line internet services.
  • Growing Adoption of Online Learning and Remote Work: The COVID-19 epidemic has caused a shift in work practices towards telecommuting, online learning, and remote work. This has increased demand for dependable and high-performing home internet solutions. For households looking for quicker and more dependable internet connection, students, and remote workers, 5G CPE offers a scalable and adaptable connectivity solution.
  • Advancements in 5G Technology: Continuous improvements in 5G technology, such as increased spectrum utilisation, wider coverage, and better network performance, are what are propelling the adoption of 5G CPE. The capabilities of 5G networks are improved by the development of 5G standards and the addition of new technologies like massive MIMO and dynamic spectrum sharing (DSS), which makes 5G networks more appealing for the deployment of CPE.
  • Demand for Fixed Wireless Access (FWA) Solutions:  The need for solutions for fixed wireless access (FWA) In order to offer service providers with high-speed internet connectivity to underserved or distant locations where constructing fibre or cable infrastructure is difficult or prohibitively expensive, 5G CPE is essential to the implementation of Fixed Wireless Access (FWA) solutions. 5G CPE-powered FWA systems provide an economical and effective means of bridging the digital divide and increasing internet availability.
  • Opportunities for Multi-Access Edge Computing (MEC): 5G CPE devices are capable of supporting MEC features, which open up the possibility of low-latency, high-bandwidth services and applications at the network edge. The need for 5G CPE in edge computing installations is fueled by MEC, which improves the performance and responsiveness of apps like augmented reality (AR), virtual reality (VR), gaming, and the Internet of Things.
  • Adoption of Private 5G Networks by Enterprises: To facilitate industrial automation, IoT connection, and mission-critical applications, enterprises in a variety of industries are investigating the construction of private 5G networks. 5G CPE is an essential part of private network installations, offering enterprise clients in industries including manufacturing, transportation, healthcare, and smart cities dependable and secure wireless access.

Global 5G CPE market Restraints

The Global 5G CPE market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are:

  • High Initial Investment Costs: Both service providers and end users must pay a large upfront cost for the deployment of 5G CPE. To enable 5G connection, service providers must make investments in network expansion, spectrum licences, and infrastructure modifications. End users may also need to pay for new CPE devices that are 5G compatible. Adoption may be discouraged by these hefty upfront expenditures, especially for consumers and enterprises on a tight budget.
  • Restricted Network Availability and 5G Coverage: 5G network coverage is still restricted in many places, particularly in rural and isolated locations, despite continuous installations. The market potential of 5G CPE may be limited by the absence of widespread 5G coverage, since customers in underserved areas might not be able to fully take advantage of the high-speed connectivity that 5G technology offers.
  • Spectrum Constraints and Regulatory Challenges: The broad adoption of 5G CPE is hindered by spectrum availability and regulatory restrictions. There are regional and national variations in spectrum allocation regulations, licencing procedures, and regulatory approvals that affect the deployment of 5G networks and the accessibility of compatible CPE devices. Insufficient spectrum or protracted regulations can impede the expansion of networks and impede market expansion.
  • Interoperability and Compatibility Problems: The 5G ecosystem presents difficulties for 5G CPE devices due to its varied network topologies, frequency ranges, and deployment situations. It can be difficult to ensure smooth integration and compliance with various network configurations, protocols, and standards, which could cause problems and conflicts with compatibility between CPE devices and network infrastructure.
  • Immaturity of Technology and Standardisation Delays: With continuous advancements in network designs, protocols, and standards, the 5G technological environment is continually changing. The performance and availability of 5G CPE devices may be impacted by delays in standardisation and technological immaturity as manufacturers work to meet changing compatibility requirements and specifications. In the 5G CPE market, delays in standardisation initiatives may also hinder product development and innovation.
  • Security and Privacy Issues: As wireless networks spread and linked devices become more commonplace, there is a greater chance of cybersecurity attacks and privacy violations. The security flaws in 5G CPE devices, including as malware, hacking, and unauthorised access, are causing consumers, businesses, and regulatory bodies to express worry. Building trust and confidence in 5G CPE solutions requires addressing security and privacy threats.
  • Competition from Alternative Connectivity Solutions: Fiber-optic, cable, DSL, and satellite internet are some of the alternatives to 5G CPE that are in the market. In places where alternative connectivity options are easily accessible and reasonably priced, the adoption of 5G CPE is hindered by the established infrastructure, coverage, and dependability of these current technologies.

Global 5G CPE market Segmentation Analysis

The 5G CPE market is segmented on the basis of Type, End-Use Industry And Geography.

5G CPE market Segmentation Analysis

By Type:

  • Fixed Wireless Access (FWA) CPE: FWA CPE devices are made to use wireless technologies, such 5G, as the last-mile access solution to deliver high-speed internet connectivity to homes and businesses.
  • Mobile CPE: Designed for on-the-go connection, mobile CPE devices enable customers to access the 5G network while travelling or relocating.
  • Indoor CPE: Equipment for indoor CPE is intended for usage in homes or businesses. They usually provide high-speed internet connectivity to users inside the building by connecting to the 5G network via fixed broadband connections like Ethernet or Wi-Fi.
  • Outside CPE: Devices made for outside deployment, usually in places with sparse or nonexistent fixed broadband infrastructure, are known as outdoor CPE.

By End-Use Industry:

  • Consumer: Individuals and households looking for high-speed internet connection for online gaming, streaming, remote work, and other activities can find 5G CPE devices that are consumer-focused.
  • Business: 5G CPE devices with a business focus are intended for commercial and enterprise clients who have particular networking and connectivity needs to support operations, apps, and services.
  • Government: To enhance public safety, emergency response, and critical infrastructure initiatives, government agencies and public sector organisations may use 5G CPE devices.
  • Education: To support programmes for online learning, remote education, and digital classrooms, educational institutions including schools, colleges, and universities may make use of 5G CPE devices.

By Geography:

  • North America: Including the United States, Canada, and Mexico.
  • Europe: Including Germany, the United Kingdom, France, Italy, Spain, and other European countries.
  • Asia Pacific: Including China, Japan, India, South Korea, Australia, and other Asia Pacific countries.
  • Latin America: Including Brazil, Argentina, Colombia, and other Latin American countries.
  • Middle East and Africa: Including Saudi Arabia, UAE, South Africa, and other Middle Eastern and African countries.

Key Players

The major players in the 5G CPE market are:

  • Huawei (China)
  • ZTE Corporation (China)
  • Nokia Corporation (Finland)
  • Samsung Electronics Co., Ltd. (South Korea)Ericsson (Sweden)
  • Qualcomm Technologies, Inc. (United States)
  • Cisco Systems, Inc. (United States)
  • Casa Systems, Inc. (United States)
  • Verizon Communications Inc. (United States)
  • AT&T Inc. (United States)
  • Vodafone Group Plc (United Kingdom)
  • Telstra Corporation Limited (Australia)
  • Deutsche Telekom AG (Germany)
  • Orange S.A. (France)
  • SK Telecom Co., Ltd. (South Korea)

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Huawei (China), ZTE Corporation (China), Nokia Corporation (Finland), Samsung Electronics Co., Ltd. (South Korea),  Ericsson (Sweden), Qualcomm Technologies, Inc. (United States), Cisco Systems, Inc. (United States), Casa Systems, Inc. (United States), Verizon Communications Inc. (United States)

SEGMENTS COVERED
  • By Type
  • By End-Use Industry
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology VMR

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Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
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Frequently Asked Questions

5G CPE market size was valued at USD 1,301 Million in 2024 and is projected to reach USD 14,712 Million by 2031, growing at a CAGR of 35.3% during the forecasted period 2024 to 2031

Surging demand for high-speed internet, proliferation of IoT devices, need for reliable connectivity, urbanization, and advancements in 5G technology.    

The major players in the 5G CPE market are Huawei (China), ZTE Corporation (China), Nokia Corporation (Finland), Samsung Electronics Co., Ltd. (South Korea),  Ericsson (Sweden), Qualcomm Technologies, Inc. (United States), Cisco Systems, Inc. (United States), Casa Systems, Inc. (United States).

The 5G CPE market is segmented on the basis of Type, End-Use Industry  And Geography.

The sample report for the 5G CPE market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

TOC

Table of Contents: 5G CPE market

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. 5G CPE market, By Type
• Fixed Wireless Access (FWA) CPE
• Mobile CPE
• Indoor CPE
• Outdoor CPE

5. 5G CPE market, By End-Use Industry
• Consumer
• Business
• Government
• Education

6. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

7. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

8. Competitive Landscape
• Key Players
• Market Share Analysis

9. Company Profiles
• Huawei (China)
• ZTE Corporation (China)
• Nokia Corporation (Finland)
• Samsung Electronics Co., Ltd. (South Korea)
• Ericsson (Sweden)
• Qualcomm Technologies, Inc. (United States)
• Cisco Systems, Inc. (United States)
• Casa Systems, Inc. (United States)
• Verizon Communications Inc. (United States)
• AT&T Inc. (United States)
• Vodafone Group Plc (United Kingdom)
• Telstra Corporation Limited (Australia)
• Deutsche Telekom AG (Germany)
• Orange S.A. (France)
• SK Telecom Co., Ltd. (South Korea)

10. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

11. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

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