Tue. Oct 3rd, 2023
5G CPE Market: Growing Demand and Market Share

The global 5G CPE market is projected to reach USD 15610 million by 2028, growing at a considerable rate during the forecast period of 2023 to 2030. The market is expected to witness a CAGR of 34.1%. The top players in the market include Huawei, ZTE, Netgear, Inseego, Fiberhome, and more. These key players hold a share of over 52% in the market.

Asia-Pacific is the largest market for 5G CPE, accounting for approximately 65% of the market share. It is followed by North America and Europe, with shares of 16% and 9% respectively. In terms of product types, Fixed Wireless Access (FWA) is the largest segment, occupying a share of 63%. In terms of applications, the majority of the demand comes from the consumer market (To C), with a share of about 70%.

The growth of the 5G CPE market can be attributed to the growing demand for connectivity in various applications. The market is witnessing increased adoption of 5G CPE for both consumer (To C) and business (To B) purposes. As a result, the market is expected to rise over the projected horizon.

The market is further expected to be influenced by factors such as technological advancements, increasing investments in 5G infrastructure, and the rising demand for high-speed internet connectivity. The increasing number of smart devices and the need for seamless connectivity are contributing to the growth of the market.

In conclusion, the global 5G CPE market is witnessing significant growth and is projected to continue growing in the coming years. With key players dominating the market and major regions driving the demand, the market is poised for success. The increasing demand for connectivity and the advancements in technology are expected to fuel the growth of the market.