Next Generation Communications Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Next Generation Wireless Communication Device Market is Segmented by Technology (5G, Visible Light Communication / Li-Fi, Wireless Sensor Networks (WSN) and Other Technologies), End-User Industry (Manufacturing, Military & Defense, Automotive and Other End-user Industries), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Next Generation Communications Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Next-generation Communication Devices Market Size

Next Generation Communication Devices Market Overview
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 20.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Next-generation Communication Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Next-generation Communication Devices Market with other markets in Technology, Media and Telecom Industry

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Next-generation Communication Devices Market Analysis

The Next-generation Communication Devices Market is expected to register a CAGR of 20% during the forecast period.

  • Technolgies such as Visible Light Communication(VLC)/Li-Fi technology enables data transmission via light rather than radio waves at high-speeds through small adjustments in the intensity. The result is a high-speed Internet connection that is more secure, reliable, and able to deliver bandwidth far beyond the capabilities of conventional wireless communications such as Wi-Fi. Thereby, they have huge potential in applications such as military where security and reliability are paramount to their importance. However, the market for Li-Fi is currently in the nascent stage with very few publicly listed companies investing in the technology, with startups are making their way into the market.
  • The substantial investments in the industry are expected to develop new sensor technologies, and upgrading existing infrastructure to support IoT and automation have been the primary trends impacting the industry on a global scale.
  • Industries, such as oil and gas, waste management, and automotive manufacturing, are the major end-users of industrial WSNs. However, smaller industries, such as the cold storage, are likely to adopt WSNs for enhanced productivity and expected to generate a high demand for WSNs during the forecast period. This is expected to influence the market over the forecast period.
  • Overall, the market for next-generation communication depends on infrastructural investments and use cases, which have started accelerating in recent years. Over the forecast period, these technologies are expected to revolutionize communication and led by companies, such as Cisco, Huawei, Ericsson, etc., with the support of telecom providers.
  • The year 2020 was predicted to be the year when 5G goes mainstream. Yet, due to the spread of novel coronavirus, 5G rollout in several markets will be delayed further, and its services will be the hardest hit. However, according to ASSIA Inc., there is an 80% increase in PC/phone upload traffic since the beginning of March in the United States, with webcams, laptops, and PCs running video streams all the time. Wi-Fi networks are uploading huge data amounts of data, and a lot of teleconferencing, online education, and even telemedicine applications are not working properly due to network problems. In such instances of high network demand, the prevailing situation of the COVID-19 outbreak could fuel the market's growth.

Next-generation Communication Devices Industry Overview

The next-generation communication devices market is competitive and consists of several major players. Many companies are increasing their market presence by introducing new products, expanding their operations, entering into strategic partnerships, etc.

  • February 2020: Qualcomm Technologies Inc. partnered with Corning Inc to develop 5G mmWave infrastructure systems for enterprises and public venues and accelerate inbuilding 5G deployment. The 5G systems are designed to combine Qualcomm's 5G and mmWave technology expertise with Corning's small cell expertise to deliver affordable and easy-to-install 5G-ready indoor networks.
  • February 2019: Marvell Technology Group Ltd and Samsung corporation announced the expansion of their strategic partnership for 5G global infrastructure. Both companies are collaborating on the development and launch of multiple generations of radio and control plane processors for LTE and 5G NR.

Next-generation Communication Devices Market Leaders

  1. Huawei Technologies Co. Ltd.

  2. Cisco Systems Inc.

  3. Netgear Inc.

  4. Telefonaktiebolaget LM Ericsson

  5. Koninklijke Philips NV

  6. *Disclaimer: Major Players sorted in no particular order
Huawei Technologies Co. Ltd, Cisco Systems Inc, Netgear Inc, Telefonaktiebolaget LM Ericsson, Koninklijke Philips NV
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Next-generation Communication Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview (includes impact of COVID-19 on the market)
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Force Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitutes
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Market Drivers
    • 4.4.1 Rising Demand for High-speed Network
    • 4.4.2 Growing Machine-to-Machine/IoT Connections
  • 4.5 Market Restraints
    • 4.5.1 High Infrastructural and Development Cost

5. MARKET SEGMENTATION

  • 5.1 Technology
    • 5.1.1 5G
    • 5.1.2 Visible Light Communication / Li-Fi
    • 5.1.3 Wireless Sensor Networks (WSN)
    • 5.1.4 Other Technologies
  • 5.2 End User Industry
    • 5.2.1 Manufacturing
    • 5.2.2 Military and Defense
    • 5.2.3 Automotive
    • 5.2.4 Other End Users Industries
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Asia Pacific
    • 5.3.3 Europe
    • 5.3.4 Rest of the world

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Huawei Technologies Co. Ltd
    • 6.1.2 Cisco Systems Inc.
    • 6.1.3 Analong Devices Inc.
    • 6.1.4 Telefonaktiebolaget LM Ericsson
    • 6.1.5 Honeywell International Inc.
    • 6.1.6 Northrop Grumman Corporation
    • 6.1.7 Netgear Inc.
    • 6.1.8 Koninklijke Philips NV
    • 6.1.9 Panasonic Corp.
    • 6.1.10 Purelifi Ltd
    • 6.1.11 Laser Light Global
    • 6.1.12 Qualcomm Technologies Inc
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

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Next-generation Communication Devices Industry Segmentation

The next-generation communication technologies refer to convergence infrastructure capable of offering a multitude of services, such as video, data, and voice, at a higher speed than conventional communication technologies. The market scope is limited to the infrastructure-enabling network technologies, such as 5G, Li-Fi, and wireless sensor networks.

Technology 5G
Visible Light Communication / Li-Fi
Wireless Sensor Networks (WSN)
Other Technologies
End User Industry Manufacturing
Military and Defense
Automotive
Other End Users Industries
Geography North America
Asia Pacific
Europe
Rest of the world
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Next-generation Communication Devices Market Research FAQs

What is the current Next-generation Communication Devices Market size?

The Next-generation Communication Devices Market is projected to register a CAGR of 20% during the forecast period (2025-2030)

Who are the key players in Next-generation Communication Devices Market?

Huawei Technologies Co. Ltd., Cisco Systems Inc., Netgear Inc., Telefonaktiebolaget LM Ericsson and Koninklijke Philips NV are the major companies operating in the Next-generation Communication Devices Market.

Which is the fastest growing region in Next-generation Communication Devices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Next-generation Communication Devices Market?

In 2025, the North America accounts for the largest market share in Next-generation Communication Devices Market.

What years does this Next-generation Communication Devices Market cover?

The report covers the Next-generation Communication Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Next-generation Communication Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Next-generation Communication Devices Industry Report

Statistics for the 2025 Next-generation Communication Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Next-generation Communication Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.