US LTE Advanced 5G Market Outlook and Forecast 2025-2035
The US LTE Advanced 5G market is poised for robust growth amid rising demand for high-speed connectivity, IoT expansion, and increased investments in telecommunications infrastructure. With breakthroughs in 5G hardware, software, and services, industries such as automotive, healthcare, smart cities, and industrial IoT are driving adoption. Leading players are strengthening their portfolios via technological advancements in MIMO, mmWave, and Network Slicing. Expansion of 5G services across urban and rural landscapes, paired with government initiatives, is fueling market momentum. Companies are competing to deliver cutting-edge and scalable solutions, positioning the US as a leading innovator in global 5G adoption.
Latest Market Dynamics
Key Drivers
- Accelerated rollout of 5G infrastructure by major telecom players such as AT&T and Verizon is enabling high-speed, low-latency connectivity and supporting a broader range of use cases for consumers and enterprises.
- Surging Industrial IoT applications and demand for smart city solutions are propelling market growth, as evidenced by Cisco Systems’ strategic 5G deployments in manufacturing and municipality automation.
Key Trends
- Rising investment in network slicing and virtualization to enable customized enterprise-grade 5G solutions, with Ericsson introducing enhanced network slicing features for US operators in 2024.
- Increased integration of mmWave technology in urban settings, led by Qualcomm’s partnerships with US carriers to deliver higher bandwidth capacity in metropolitan areas.
Key Opportunities
- Expansion of 5G-enabled healthcare services, including remote diagnostics and telemedicine platforms, offers significant market opportunities. In March 2024, T-Mobile announced new partnerships with digital health providers to leverage 5G for nationwide virtual care.
- Development of connected and autonomous vehicles, with automotive giants like General Motors collaborating with Nokia to implement advanced 5G communication modules in their upcoming electric fleets.
Key Challenges
- Complexity in spectrum allocation and management—despite FCC efforts, coordination issues persist among multiple operators trying to access mid-band spectrum. This was highlighted by Verizon’s challenges in deploying 5G C-Band nationally in early 2024.
- High initial deployment costs and prolonged ROI for rural 5G expansion, as illustrated by AT&T's ongoing efforts to address cost-effective rural coverage through public-private partnerships.
Key Restraints
- Security vulnerabilities and cyber threats with the rapid proliferation of connected devices, as highlighted by increased reports of 5G-enabled IoT attacks in Q2 2024.
- Regulatory uncertainties affecting foreign equipment sourcing, notably after renewed US restrictions on Huawei’s network participation in May 2024, impacting supply chains and rollouts.
US LTE Advanced 5G Market Share (%) by Type, 2025
In 2025, hardware leads the US LTE Advanced 5G market by type, reflecting the need for massive investments in infrastructure equipment, including radios, antennas, and chipsets. Software and services segments demonstrate strong double-digit growth driven by the demand for intelligent network management, automation, and cloud-enabled services to optimize next-gen 5G networks. Major vendors are introducing modular solutions that seamlessly integrate software with physical infrastructure, further boosting market expansion and innovation across industries.
US LTE Advanced 5G Market Share (%) by Applications, 2025
Telecommunications dominates application share in the US LTE Advanced 5G market, supported by extensive carrier deployments and consumer mobile data demand. Industrial IoT is the second-largest segment, leveraging high-capacity 5G networks to enable smart manufacturing, logistics, and automation processes. Smart cities, driven by state and municipal investments in public safety, intelligent traffic management, and sustainability projects, capture a growing share. Healthcare and automotive applications are rapidly expanding, as stakeholders introduce innovative 5G-enabled solutions for both patient care and mobility.
US LTE Advanced 5G Market Revenue (USD Million), 2020-2035
Between 2020 and 2035, the US LTE Advanced 5G market will experience exponential revenue growth, surging from $8,300 million in 2020 to $44,000 million by 2035. Key growth catalysts include significant investment in network infrastructure, robust enterprise adoption, and increased commercial 5G launches. The period from 2025 onward is forecasted to deliver the strongest uptick, driven by ongoing digital transformation across industries and widespread consumer adoption of 5G-enabled devices.
US LTE Advanced 5G Market YOY Growth (%), 2020-2035
The US LTE Advanced 5G market experienced year-on-year growth rates exceeding 19% between 2020 and 2025, highlighting an early phase of aggressive expansion and deployment. Growth moderates to around 11% from 2025 to 2035 as market penetration increases but remains robust, underpinned by ongoing upgrades, service innovation, and the integration of advanced 5G technologies into various sectors.
US LTE Advanced 5G Market Share (%) by Regions, 2025
Regional market share analysis shows the US Northeast region leads with 35% share in 2025, followed by the Midwest (26%) and West (22%). The strong lead in the Northeast is attributed to dense urban populations, major city deployments, and strong enterprise adoption. The Midwest and West are benefitting from ongoing network investments, the rise of smart industries, and new 5G-powered applications in agritech and clean energy.
US LTE Advanced 5G Market Share (%) by Players, 2025
Key players in the US LTE Advanced 5G market are Ericsson, Nokia, and Samsung, collectively accounting for over 60% of market share. This is the result of their strong R&D capabilities, broad product portfolios, and established operator relationships. Ericsson leads with 27%, followed by Nokia at 23%, and Samsung at 12%. Stability and technical leadership enable these giants to capture large-scale infrastructure and software contracts from leading US telecoms. US LTE Advanced 5G Market Share (%) by Buyers, 2025
Among buyers, telecom operators control the largest market share at 64% in 2025, reflecting their foundational role in deploying 5G infrastructure nationwide. Enterprises, adopting 5G for digital transformation and Industry 4.0 applications, represent 21%. Government and public sector agencies, investing in enhanced connectivity for public safety and smart city projects, cover 15% of the market. The growing influence of enterprise and public sector buyers is expected to support further market diversification.
Study Coverage
| Metrics | Details |
|---|
| Years | 2020-2035 |
| Base Year | 2025 |
| Market Size | 13700 |
| Regions | Northeast, Midwest, West |
| Segments | Hardware, Software, Services, Telecommunications, Automotive, Healthcare, Industrial IoT, Smart Cities |
| Players | Ericsson, Nokia, Samsung, Huawei, Cisco Systems, Qualcomm, Intel, AT&T, Verizon, T-Mobile, CommScope, Ciena, Fujitsu, Mavenir, NEC Corporation |
Key Recent Developments
- June 2024 – AT&T announces the completion of its C-Band network expansion, offering higher speeds to over 150 million users nationwide.
- July 2024 – Verizon collaborates with AWS to develop enterprise use cases for private 5G networks for US manufacturers.
- August 2024 – Nokia unveils its new AI and machine learning-powered 5G core solution for US telecom operators.
- September 2024 – Ericsson partners with a major US city to pilot advanced network slicing capabilities for critical infrastructure.
- October 2024 – Qualcomm launches its next-gen mmWave chipset designed for enhanced 5G smartphone experiences in the US market.
