5G Towers and Cables Market Report 2025

The 5G towers and cables market size has grown rapidly in recent years. It will grow from $23.13 billion in 2024 to $26.33 billion in 2025 at a compound annual growth rate (CAGR) of 13.8%. The growth during the historic period can be attributed to rising mobile data consumption, greater smartphone penetration, increasing network congestion, expanding urbanization, and a growing demand for faster internet speeds.

The 5G towers and cables market size is expected to see rapid growth in the next few years. It will grow to $43.82 billion in 2029 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to the increasing demand for IoT applications, the growing deployment of small cells, the rising reliance on cloud computing, the expanding number of connected devices, and the increasing adoption of augmented reality and virtual reality applications. Key trends during this period include advancements in fiber optic technology, innovations in network architecture, 6G research and development, the integration of AI and machine learning, and progress in antenna technologies.

The growing demand for high-speed connectivity is expected to drive the expansion of the 5G towers and cables market. High-speed connectivity refers to fast and reliable internet or network access that facilitates quick data transfer and seamless communication between devices. This demand is primarily fueled by increasing data consumption, the expansion of IoT and smart devices, the rollout of 5G and fiber-optic networks, the rise of remote work, digital transformation, and the need for real-time data processing in AI and edge computing. 5G towers and cables form the backbone of high-speed connectivity, supporting ultra-fast data transmission, minimal latency, and seamless network coverage for next-generation digital applications. For example, in July 2023, the UK Parliament’s House of Commons Library reported that as of January 2023, 72% of premises in the UK had access to gigabit-capable broadband, up from 64% in January 2022 and a significant increase from 36% in January 2021. Consequently, the growing demand for high-speed connectivity is driving the growth of the 5G towers and cables market.

Companies in the 5G towers and cables market are focusing on developing innovative products, such as high-density fiber optic cables, to enhance network capacity, improve data transmission speeds, and meet the growing demand for 5G connectivity. High-density fiber optic cables are compact, high-fiber-count cables designed to maximize data transmission capacity while minimizing space requirements, making them ideal for 5G networks, data centers, and high-bandwidth applications. For instance, in October 2023, HFCL Limited, an India-based telecommunications company, launched a 1728-fiber Intermittently Bonded Ribbon (IBR) cable to address the increasing demand for high-capacity networks and support 5G infrastructure. This cable offers twice the fiber packing density of traditional cables while being up to 50% slimmer, making it well-suited for high-capacity networks and 5G infrastructure. Its gel-free design also allows for faster installation through mass fusion splicing and easier upgrades to existing optical infrastructures.

In May 2022, Mobilitie, LLC, a US-based telecommunications company, acquired Signal Point Systems for an undisclosed amount. This acquisition aims to improve 5G and broadband connectivity for U.S. military bases and personnel. Signal Point Systems, Inc., a US-based company specializing in developing towers, small cells, fiber, and in-building infrastructure, now focuses on enhancing connectivity on military installations.

Major players in the 5G towers and cables market are Samsung Electronics Co. Ltd., Verizon Communications Inc, Huawei Technologies Co. Ltd., Sumitomo Electric Industries Ltd., Ericsson, Nokia Corporation, ZTE Corporation, Prysmian Group, Corning Incorporated, American Tower Corporation, Nexans S.A, CommScope Holding Company Inc., Crown Castle Inc., LS Cable & System, Cellnex Telecom S.A., Indus Towers Limited, SBA Communications Corporation, Huber+Suhner AG, Sterlite Technologies Limited, GTL Infrastructure Ltd., Phoenix Tower International LLC, and Vertical Bridge LLC.

North America was the largest region in the 5G towers and cables market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in 5G towers and cables report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G towers and cables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

5G towers and cables are essential components of the 5G telecommunications network, enabling high-speed data transmission by supporting base stations and linking various network elements. Their main function is to provide faster, more reliable wireless communication, driving advancements in mobile networks, IoT, and other connected technologies.

The primary product types of 5G towers and cables include 5G towers, 5G cables, 5G small cells, and 5G antennas. 5G towers are cellular network structures that utilize advanced technologies such as millimeter waves, small cells, and massive MIMO to transmit and receive 5G signals, allowing for high-speed wireless communication with lower latency and greater capacity compared to previous generations. Different connection types are available, including fiber optic, coaxial, copper, and wireless. These components are deployed in various locations such as urban, suburban, and rural areas and serve diverse end uses, including telecommunications, government and defense, transportation, energy and utilities, and other applications.

The 5G towers and cables market research report is one of a series of new reports that provides 5G towers and cables market statistics, including the 5G towers and cables industry global market size, regional shares, competitors with the 5G towers and cables market share, detailed 5G towers and cables market segments, market trends, and opportunities, and any further data you may need to thrive in the 5G towers and cables industry. This 5G towers and cables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The 5G towers and cables market consists of revenues earned by entities by providing services such as tower infrastructure deployment, fiber optic and cable installation, network densification, managed services, leasing, and co-location services. The market value includes the value of related goods sold by the service provider or included within the service offering. The 5G towers and cables market also includes sales of fiber optic cables, coaxial cables, base station antennas, tower components and accessories. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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