5G Technology Market Share

On the basis of regional analysis, the global 5G technology market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America industry is set to dominate majority revenue share by 2036, led by growing popularity of consumer electronic devices with applications that are dependent on high-speed network, along with shifting trend amongst consumers towards the adoption of 5G technology. Furthermore, Europe market is anticipated to gain significant 5G technology market share in the upcoming years. According to The Mobile Economy Report 2019 of The GSM Association, North America is anticipated to contribute to the largest share of 47% for the technology mix in the year 2025, followed by Europe at 29%.