Top 15 Companies in the Global 5G Infrastructure Market 2026

The global 5G infrastructure market was valued at nearly USD 16.50 Billion in 2025 and is projected to expand at a CAGR of 44.70% from 2026 to 2035, reaching USD 664.00 Billion by 2035.

Radio Access Network (RAN), backhaul and transport, and the core network, make up the majority of the 5G infrastructure. In the backhaul and transport network, microwave or fibre optic antennas may be used. It is anticipated that the growing demand for higher bandwidth connectivity with low latency for a variety of mission-critical applications, such as drone connectivity and vehicle-to-everything (V2X), will propel the growth of the 5G infrastructure industry.

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The user experience for a number of use cases, including Ultra-high Definition (UHD) video, Virtual Reality (VR) and Augmented Reality (AR) gaming, and seamless video calling, is anticipated to be improved by the 5G technology market. Several industrial facilities are focusing on technology changes to boost their total productivity, operational efficiency, and cost-cutting in an effort to survive in a highly competitive industry.

The demand for the 5G IoT market is anticipated to be driven by the growing usage of LPWAN, 5G, Long Range Wide Area Network (LoRaWAN), Internet Protocol version 6 (IPv6), and wireless sensor networks, which will support market expansion of 5G infrastructure.

Additionally, the expansion of the 5G testing equipment market is also expected due to the easier deployment of 5G technology, supported by the increasing availability of huge data centres. High-speed internet services are becoming more necessary due to the growing work-from-home culture in the post-COVID era, which will further accelerate industry growth over the forecast period.

Asia Pacific accounts for a significant share in the global 5G infrastructure industry and is anticipated to remain dominant in the forecast period as well. This growth can be attributed to the aggressive deployment of new 5G radio infrastructure by key communication service providers. The growing emphasis on adopting sub-6 GHz 5G networks by China, South Korea, and Japan is accelerating the continent's expansion even more in the 5G network market.

Latest Industry Updates on Global 5G Infrastructure Players (2025–2026)

In April 2026, Virgin Media O2 (VMO2) in the UK awarded its major 5G RAN upgrade contract to Ericsson, significantly scaling back Nokia's share in the deal. The move, part of VMO2's 2025-2026 coverage and performance expansion plan, further consolidated Ericsson's lead among Western 5G RAN vendors.

In March 2026, Huawei unveiled its AI Centric Network roadmap at MWC Barcelona 2026, launching all-scenario U6 GHz products to help carriers unlock the full potential of 5G Advanced (5G-A) and prepare for the 6G transition. The company's Autonomous Driving Network (ADN) single-scenario deployments were active in over 130 commercial telecom networks by end of 2025.

In February 2026, AT&T and Cisco commercially launched a 5G SA-native IoT platform, integrating Cisco IoT Control Center with AT&T's nationwide 5G Standalone core to deliver network slicing, edge compute, and automated device lifecycle management through a single enterprise interface. Enterprise IoT connections are projected to grow from 13 billion in 2025 to 24 billion by 2030.

In January 2026, Mavenir launched an AI-driven O-RAN orchestration platform aimed at improving 5G network performance and reducing operational costs for CSPs. However, the company faced headwinds after exiting the radio-unit market, signaling continued consolidation in the Open RAN space.

In January 2026, NEC Corporation reportedly classified its existing 4G/5G base station business as "non-core" in a strategic realignment, according to Nikkei Asia, as the global RAN market contracted from USD 45 billion in 2022 to USD 35 billion in 2024.

In December 2025, UAE's du entered a three-year agreement with Huawei following the world's first commercial deployment of a 25 Gbps E-band microwave link in a 5G-Advanced site rollout. The partnership aims to scale faster, more reliable 5G-A connectivity across the UAE.

In November 2025, Huawei and ZTE sealed fresh 5G deals in Vietnam as US-China trade tensions shifted tariff flows. Huawei also expanded into Vietnam's green-energy and data-centre space, strengthening its Southeast Asia presence heading into 2026.

In October 2025, AT&T reported that it had already removed around 40% of Nokia radios in its network-wide vendor swap, as part of its USD 14 billion Open RAN commitment with Ericsson targeting 70% of wireless traffic on Open RAN by late 2026.

In September 2025, Huawei announced that more than 50 large-scale commercial 5G-A networks were expected to be deployed globally by end-2025, with over 120 smartphone models supporting 5G-A and 100 million consumers adopting the technology.

In June 2025, China Telecom and Huawei unveiled 5G-A Intelligent Ultra Pooling Uplink technology at MWC Shanghai 2025 - a breakthrough that uses AI-based dynamic resource pooling to maximize multi-antenna uplink coverage for smart wearables, V2X, and real-time AI assistants.

In April 2025, Justin Hotard (ex-Intel Data Center & AI Group chief) took over as Nokia's new President & CEO, replacing Pekka Lundmark. The leadership change signals Nokia's sharper focus on AI, data centres, and high-performance computing alongside 5G networks.

In March 2025, ZTE and China Mobile unveiled AI-powered 5G-Advanced technologies at MWC Barcelona 2025, introducing the "Communication-Sensing-Computing-Intelligence" framework and Ambient IoT solutions. Qualcomm, in parallel, announced large-scale Open RAN deployments with Vodafone, NTT Docomo, and Reliance Jio.

In February 2025, Mavenir and Aira Technologies demonstrated an AI-powered MIMO channel estimation solution enabling up to 35% more data transmission over the same spectrum, marking a breakthrough for Open RAN-based 5G.

Top 15 Global 5G Infrastructure Companies:

1. Huawei Technologies Co. Ltd.

Huawei Technologies Co., Ltd. offers telecommunications and networking products. The corporation conducts research and develops servers, security, storage, and other networking solutions in addition to internet access and transmission networks. Huawei's operations span across carrier networks, enterprise business, cloud computing, and consumer electronics, with a strong focus on research and innovation. The company is renowned for its wide range of products, including smartphones, tablets, laptops, 5G infrastructure, data centres, routers, and artificial intelligence (AI) solutions. Huawei invests heavily in R&D, with over half of its workforce involved in research initiatives and several global R&D centres. In 2025-2026, Huawei has been a frontrunner in 5G-Advanced (5G-A) commercialization, supporting 50+ large-scale 5G-A networks globally and leading the industry toward AI-native networks and 6G readiness.

2. Samsung Electronics Co. Ltd

A Samsung Group company, Samsung Electronics Co Ltd is a producer of information technology, device solutions, consumer electronics, and mobile communications. The company's product line includes digital cameras, printers, monitors, computers, network systems, refrigerators, washing machines, air conditioners, medical devices, and televisions. Samsung has made significant strides in 5G infrastructure, IoT devices, and AI-powered solutions, and is now a primary RAN supplier to Verizon and Vodafone's Open RAN rollouts in the UK and Germany. In January 2026, Samsung won a major Tesla contract to supply 5G automotive modems, marking its expansion beyond traditional telecom infrastructure.

3. Nokia Corporation

Nokia Corp. specialises in network infrastructure and cutting-edge technologies. It provides services for 5G, IoT, IP routing, fixed networks, subscriber data management, mobile phones, Wi-Fi systems, and network construction and modernisation. Nokia operates through key business segments such as Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. Under new CEO Justin Hotard (former Intel Data Center & AI head), Nokia is repositioning its strategy toward AI infrastructure, data centres, and private wireless while navigating RAN market contraction. The company is currently executing the acquisition of Infinera and expanding into defence networks alongside traditional 5G telecom.

4. Qualcomm Technologies, Inc.

Qualcomm creates, produces, and sells equipment and services for digital wireless telecommunications. It is one of the major wireless technology innovators in the world and an impetus behind the creation, introduction, and growth of 5G. Qualcomm Technologies plays a vital role in powering smartphones, tablets, IoT devices, automotive systems, and network infrastructure through its Snapdragon processors and modem solutions. In March 2025, Qualcomm accelerated large-scale Open RAN deployments with leading operators including Vodafone, NTT Docomo, and Reliance Jio, positioning its platforms as foundational to the virtualized and disaggregated 5G transition while preparing the ecosystem for future 6G technologies.

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5. LG Electronics Inc.

LG Electronics Inc. manufactures and markets digital display equipment and home appliances. The company manufactures and sells telecommunications devices such as smart phones and tablets, in addition to flat panel televisions, A/V appliances, refrigerators, washing machines, and air conditioners. LG maintains a strong international presence with manufacturing facilities, R&D centres, and sales operations in over 100 countries. While LG exited the smartphone business in 2021, the company continues to play a prominent role in the 5G automotive connectivity space through its LG Vehicle Component Solutions division and holds a substantial 5G patent portfolio. It has also focused on enhancing its smart home ecosystem, integrating 5G IoT capabilities with AI-powered appliances.

6. ZTE Corporation

ZTE Corporation is the world's foremost supplier of information and communication technology solutions. The company provides a wide range of products and services, including wireless, wireline, devices, and professional telecom solutions. With operations in over 160 countries, ZTE serves telecom operators, governments, and enterprise clients. At MWC Barcelona 2025, ZTE and China Mobile introduced the "Communication-Sensing-Computing-Intelligence" framework and Ambient IoT solutions -positioning ZTE at the forefront of AI-powered 5G-Advanced technologies. The company also secured fresh 5G deals in Vietnam in late 2025 as US-China trade dynamics reshaped supply chains.

7. Intel Corporation

Intel is a market leader developing technology that transforms the world. Intel's product portfolio includes central processing units (CPUs), graphics processing units (GPUs), chipsets, memory, storage, and network interface controllers. It also focuses on artificial intelligence (AI), autonomous driving technologies through Mobileye, and Internet of Things (IoT) solutions. Under new CEO Lip-Bu Tan (since March 2025), Intel is pushing its FlexRAN and Xeon-based vRAN platforms as the silicon backbone of Open RAN deployments globally. The company aims to deliver cutting-edge semiconductor technologies while ensuring security, performance, and sustainability -with strong ties to all major Western RAN vendors.

8. Telefonaktiebolaget LM Ericsson

Telefonaktiebolaget LM Ericsson is a supplier of integrated telecommunications technology and services. In the areas of mobility, internet, and cloud, it provides services, software, and infrastructure that allow telecom carriers and other enterprises to increase operational efficiency. The company is a major contributor to the development and rollout of 5G networks, offering a complete portfolio that includes radio access networks (RAN), core networks, cloud infrastructure, and network services. Ericsson supports mobile network operators in over 180 countries and serves billions of subscribers. In 2025-2026, Ericsson further strengthened its position with AT&T's massive Open RAN rollout, Virgin Media O2 upgrades, and expanded Cloud RAN deployments -cementing its role as the leading Western 5G vendor.

9. Oracle Corporation

Oracle provides its database management systems and cloud-engineering services and solutions through four primary business sectors: cloud and licence, hardware, and services. With best-in-class, micro-services-based network functions (NFs), flexible deployment choices, and support for 5G network slicing, Oracle's cloud native 5G core enables operators to construct a solid and scalable core. In November 2025, Oracle scored a landmark 5G Standalone core deal with NTT Transatel, strengthening its position in the 5G cloud-native core market. The company has made significant investments in artificial intelligence, machine learning, and autonomous database technology to support telco cloud transformation.

10. Cisco Systems, Inc.

Cisco Systems, Inc., headquartered in California, is a global leader in networking, cybersecurity, and IT infrastructure. The company has grown into one of the most influential technology companies, providing a wide range of hardware, software, and services that power the internet and enterprise digital infrastructure. The company is best known for its high-performance routers, switches, wireless systems, and cybersecurity solutions, which support the seamless connectivity of businesses and governments worldwide. Cisco has played a vital role in shaping the modern internet and remains a key player in driving digital transformation. Its portfolio extends into cloud computing, data centre management, collaboration tools such as Webex, and advanced technologies including IoT, 5G, and artificial intelligence. Cisco’s software-defined networking (SDN) and automation platforms help organisations manage complex networks more efficiently and securely. The company follows a strong innovation strategy, investing heavily in research and development, and regularly acquiring technology firms to enhance its capabilities.

11. AT&T Inc.

AT&T Inc. provides media, technology, and telecommunications services. The company offers local and long-distance telephone services, managed networking, telecommunications products, wireless communications, data/broadband, and internet services, and wholesale services. In high traffic regions, including portions of more than 45 cities and more than 45 stadiums and venues, AT&T 5G+ employing millimetre wave spectrum offers unheard -of before speeds and performances. AT&T is widely recognised for its nationwide 5G network and advanced fibre internet services. It has played a key role in the digital transformation of businesses through secure connectivity and cloud-based solutions. The company also provides IP-based services, cybersecurity, and voice solutions for large enterprises and government entities. AT&T has consistently invested in network upgrades, including 5G expansion and edge computing capabilities, to meet growing data demands. Following the spin-off of WarnerMedia and its merger with Discovery, AT&T refocused its strategy on core telecommunications services, strengthening its financial structure and enhancing customer experience.

12. NEC Corporation

With more than 100 years of experience in technological innovation, NEC is a leader in the integration of network and IT technologies. It offers solutions for enabling individuals, organisations, and society. NEC provides advanced IT solutions such as artificial intelligence (AI), biometric authentication, cloud computing, and cybersecurity, with a strong presence in smart city development, telecommunications, and government digitisation projects. However, in January 2026, NEC reportedly classified its existing 4G/5G base station business as "non-core," signalling a strategic pivot as the global RAN market contracted and competition from scale players tightened margins. NEC nonetheless continues to support Open RAN deployments in Europe and Japan.

13. Dell Technologies

Dell Technologies Inc. sells desktop computers, software, and accessories. The business creates, develops, produces, distributes, and supports information technology infrastructure, including mobile devices, laptops, desktops, storage devices, workstations, software, and cloud solutions. Dell Technologies has developed software-driven storage advancements that offer intelligent insights, security, and increased productivity for Indian organisations. The company is especially known for its innovation in cloud computing, data centre infrastructure, and cybersecurity, and is a key infrastructure partner in Vodafone UK's Open RAN rollout with Samsung, Wind River, and NEC -targeting 2,500 sites by 2027.

14. Microsoft Corporation

Microsoft Corporation is a global technology leader known for its wide range of software, hardware, and cloud-based services. Over the years, Microsoft has diversified its portfolio to include cloud computing through Microsoft Azure, gaming via Xbox, enterprise solutions like Microsoft Dynamics, and collaboration tools such as Teams and SharePoint. The company has also invested heavily in artificial intelligence and cybersecurity to drive innovation and digital transformation. Microsoft's Azure for Operators platform continues to be a leading hyperscaler choice for telecom cloud, with AT&T running its 5G Mobile Core on Azure and several global CSPs relying on Azure Private 5G for enterprise and industrial deployments.

15. Mavenir Systems, Inc

Mavenir Systems, Inc. is a telecommunications software company formed through the merger of Xura, Ranzure Networks, and Mitel Mobile, aiming to accelerate software network transformation for communications service providers (CSPs). The company specializes in developing end-to-end, cloud-native network solutions that support 5G and intelligent, automated, programmable networks. In January 2026, Mavenir launched an AI-driven O-RAN orchestration platform designed to reduce operational costs and improve network efficiency. Serving over 250 CSPs across more than 120 countries, Mavenir continues to play a major role in the global Open RAN ecosystem, even as the broader Open RAN market consolidates.