5G Devices Market Share

Market Share of 5G Devices Industry

The 5G devices market is moderately competitive and consists of many global and regional players. These players account for a considerable market share and focus on expanding their customer base. The vendors focus on the research and development investment in introducing new solutions, strategic partnerships, and other organic & inorganic growth strategies to earn a competitive edge over their counterparts.

• September 2022 - HMD Global launched the new Nokia X30 5G smartphone and a few more Nokia products at IFA 2022 in Berlin, Germany, featuring around eleven 5G bands.
• August 2022 - Bharti Airtel (Airtel) announced signing 5G network agreements with Ericsson, Nokia, and Samsung to commence 5G deployment in August 2022. The partnership with Samsung to supply 5G equipment and solutions would begin in 2022, along with the older partners, Nokia and Ericsson. The 5G partnerships would follow closely on the edge of spectrum auctions conducted by the Department of Telecom in India, where Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies.

5G Devices Market Leaders

1. ZTE Corporation

2. Nokia Corporation

3. Cisco Systems Inc

4. Huawei Technologies Co. Ltd

5. Samsung Electronics Co. Ltd

*Disclaimer: Major Players sorted in no particular order