The Asia Pacific Industrial 5G Market is expected to witness market growth of 27.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Industrial 5G Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $23.04 billion by 2031. The Japan market is registering a CAGR of 26.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 28.5% during 2024-2031.
The adoption of this is accelerating as organizations recognize its potential to transform operations and drive competitive advantage. Manufacturing, logistics, and healthcare increasingly require real-time data processing and communication. This ultra-low latency (as low as 1 millisecond) enables applications like autonomous vehicles and robotic systems to function effectively, driving adoption across sectors reliant on rapid decision-making.
The Internet of Things (IoT) expansion is a primary driver for the adoption of this. Companies are investing heavily in IoT devices that require seamless connectivity and high bandwidth, making this a critical enabler for smart factories and connected ecosystems. They supports edge computing, allowing data processing closer to the source rather than relying solely on centralized cloud computing.
The increasing semiconductor sector in India is set to significantly influence this market, driven by rapid growth projections and substantial government investment. As per the National Investment promotion & Facilitation Agency, Currently valued at approximately $23.2 billion, the Indian semiconductor industry is expected to surge to $80.3 billion by 2028, reflecting a robust annual growth rate of 17.10% during the forecast period. China's rising 5G infrastructure is poised to have a transformative impact on this market, reflecting the country's commitment to digital and intelligent transformation within its real economy. As of October 2023, China has made significant strides in its 5G network development, with nearly 3.22 million 5G base stations established. This accounts for 28.1% of all mobile base stations in the country, underscoring the rapid expansion of advanced telecommunications capabilities. In conclusion, the increasing semiconductor sector in India and the rapid development of 5G infrastructure in China significantly influence this market.
The China market dominated the Asia Pacific Industrial 5G Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $23.04 billion by 2031. The Japan market is registering a CAGR of 26.8% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 28.5% during 2024-2031.
The adoption of this is accelerating as organizations recognize its potential to transform operations and drive competitive advantage. Manufacturing, logistics, and healthcare increasingly require real-time data processing and communication. This ultra-low latency (as low as 1 millisecond) enables applications like autonomous vehicles and robotic systems to function effectively, driving adoption across sectors reliant on rapid decision-making.
The Internet of Things (IoT) expansion is a primary driver for the adoption of this. Companies are investing heavily in IoT devices that require seamless connectivity and high bandwidth, making this a critical enabler for smart factories and connected ecosystems. They supports edge computing, allowing data processing closer to the source rather than relying solely on centralized cloud computing.
The increasing semiconductor sector in India is set to significantly influence this market, driven by rapid growth projections and substantial government investment. As per the National Investment promotion & Facilitation Agency, Currently valued at approximately $23.2 billion, the Indian semiconductor industry is expected to surge to $80.3 billion by 2028, reflecting a robust annual growth rate of 17.10% during the forecast period. China's rising 5G infrastructure is poised to have a transformative impact on this market, reflecting the country's commitment to digital and intelligent transformation within its real economy. As of October 2023, China has made significant strides in its 5G network development, with nearly 3.22 million 5G base stations established. This accounts for 28.1% of all mobile base stations in the country, underscoring the rapid expansion of advanced telecommunications capabilities. In conclusion, the increasing semiconductor sector in India and the rapid development of 5G infrastructure in China significantly influence this market.
List of Key Companies Profiled
- AT&T Inc.
- Ericsson AB
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- NEC Corporation
- Nokia Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- ZTE Corporation
- Siemens AG
- Robert Bosch GmbH
Market Report Segmentation
By End User- Discrete Industries
- Automotive & Transportation
- Industrial Machinery & Heavy Equipment
- High-Tech & Consumer Electronics
- Consumer Electronic Devices
- Laptops, Mobile Devices & PCs
- Wearables
- Televisions
- Other Consumer Electronic Devices Types
- Semiconductor & IT Equipment
- Consumer Electronic Devices
- Aerospace & Defense
- Other Discrete Industries Type
- Process Industries
- Large Enterprises
- SMEs
- Hardware
- Software
- Services
- URLLC
- eMBB
- MMTC
- FWA
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Industrial 5G Market by End User
Chapter 6. Asia Pacific Industrial 5G Market by Enterprise Size
Chapter 7. Asia Pacific Industrial 5G Market by Offering
Chapter 8. Asia Pacific Industrial 5G Market by Communication Type
Chapter 9. Asia Pacific Industrial 5G Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Asia Pacific Industrial 5G Market include:- AT&T Inc.
- Ericsson AB
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- NEC Corporation
- Nokia Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- ZTE Corporation
- Siemens AG
- Robert Bosch GmbH
Methodology
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