New York, USA, June 21, 2021 (GLOBE NEWSWIRE) – Market overview:
According to a comprehensive Market Research Future (MRFR) study report, “Global 5G base station market Information by frequency, by MIMO, by type, by end user and region – Forecast until 2027The market size is $ 6,187.8 million in 2019 and will increase at an exponential CAGR of 37.6% in 2020 to 2027.
A base station is a device that connects other wireless devices to a central hub in the wireless world. It is a short-range wireless receiver and transceiver that includes an antenna and analog-to-digital converters (ADCs) that convert RF (radio frequency) signals into digital and vice versa. To send and receive more data simultaneously, 5G will use “massive” MIMO antennas (multiple inputs and multiple outputs) with a huge number of antenna components or connections. The benefit for users is that more people can connect to the network at the same time, while maintaining high performance.
5G or Fifth Generation is a wireless standard that allows you to connect everything anywhere to meet the ever-increasing demand for faster digitalization and faster data transmission. Compared to its predecessor 4G, which is designed for mobile broadband services, 5G allows you to connect your car, home, office and communicate in the city with up to 100 times faster data rates. In addition, 5G wireless technology is expected to accommodate over a million devices in an area of 1 sq. Km, which is significantly more than 4G.
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Dominant key players in the 5G base station market are:
- SAMSUNG (South Korea)
- Intel Corporation (USA)
- Huawei Technologies Co. Ltd. (China)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Nokia (Finland)
- Qualcomm Technologies Inc. (USA)
- Ceragon (USA)
- ZTE Corporation (China)
- NEC Corporation (Japan)
- Airspan Networks (USA)
- Cisco Systems Inc. (USA)
- CommScope Inc. (USA)
- Marvell (China)
- Qorvo Inc (USA)
- Microsemi (USA)
The USP market includes exclusively:
Engines on the market
Several reasons are driving the expansion of the 5G base station market, including the growing demand for high-speed, low-latency data and the growing trend to use interconnected devices.
Nevertheless, strict regulations around the world related to network radiation. Rapid technological development, mainly due to a number of vital functional aspects, is expected to encourage industrial improvements, strengthen the bottom and improve the urban and civic experience.
View a detailed market research report (99 pages) on a 5G base station:
Market segmentation covered by the study:
The global 5G base station industry is segmented based on frequency, MIMO, type and end user.
By frequency, the global market for 5G base stations is divided into 410 MHz to 7125 MHz and 24.25 GHz to 52.6 GHz.
From MIMO, the global 5G base station market is divided into MIMO for one user and MIMO for many users.
By type, the global market for 5G base stations is divided into time division duplex (TDD) and frequency division duplex (FDD).
Based on the end user, the global market for 5G base stations is categorized into residential, commercial, urban and rural.
The geographic analysis of the global 5G base station industry has been performed for North America, Europe, Asia-Pacific, the Middle East and Africa and South America.
In terms of research and development in 5G technology, network design / implementation and the presence of important market players, North America is the most important contributor to revenue in the global 5G base station infrastructure.
During the forecast period, the Asia-Pacific region is expected to develop at the fastest pace, with the regional market divided into China, Japan, India and the rest of the Asia-Pacific region.
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COVID-19 Impact on the global 5G base station market
The explosion of COVID-19 has caused significant disruptions to 5G performance around the world, damaging investment, slowing spectrum allocations and supply chain disruptions, among other things. In 2019, stakeholders in the telecommunications industry, including communications service providers (CSPs), began testing and disseminating 5G network services, while many countries around the world were busy planning for implementation through spectrum tenders, bidding for infrastructure contracts and other preparedness initiatives. Mobile network operators (MNOs) and Internet service providers (ISPs) report increasing revenues as usage increases. This advantage extends to the telecommunications distribution network. Initiatives such as blocking and social distancing have led to greater reliance on digital technologies, which has increased demand for telecommunications services. With the pandemic situation, all the above measures saw an impact on the 5G base station market, mainly due to delayed spectrum auctions, reduced budgetary costs for digital transformation and other factors.
On March 4, 2021, Facebook, the world’s leading social media and technology company, is partnering with Marvell, a semiconductor manufacturer based in California, USA. This collaboration aimed to create an open radio access network (ORAN) capable of connecting a large number of users at a low cost.
On March 2, 2021, Telefonaktiebolaget LM Ericsson, one of the leading companies in the 5G base station sector, has announced a partnership with Taiwan-based CSP-Far EasTone Telecom (FET) to provide 5G standalone as well as a custom dual-mode 5G core and Voice over LTE (VoLTE) ) services.
On March 2, 2021, Sterlite Technologies Limited, a manufacturer of fixed equipment, announced the receipt of $ 100 million for orders to build 5G wireless network infrastructure in West Asia and Africa. The company cooperates with a large telecommunications operator based in the United Arab Emirates and another telecommunications group from the North African region.
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