5G Infrastructure Market Size to Reach at USD 27,476
New York, USA, June 23, 2021 (GLOBE NEWSWIRE) – Market overview:
According to a comprehensive Market Research Future (MRFR) study report, “Global 5G infrastructure market Information through communication infrastructure, network architecture, operating frequency, end user and region – forecast until 2027The market size is expected to register an exponential CAGR of 58.9% and reach $ 27,476 million by 2027.
The 5G or fifth generation wireless standard allows you to connect everything anywhere, meeting the growing demand for fast digitization and faster data transmission. It enables the connection of office, home, car and communication in the city with up to 100 times faster data rates than its predecessor 4G, designed for mobile broadband services.
Prominent players profiled in the report on the global 5G infrastructure market are:
- F5, Inc. (USA)
- Hewlett Packard Enterprise Development LP (USA)
- Airspan Networks (USA)
- Mavenir (USA)
- Siklu Inc. (USA)
- Alpha Networks Inc. (Taiwan)
- Comba Telecom Systems Holdings Ltd. (China)
- CommScope, Inc. (USA)
- Cisco Systems, Inc. (USA)
- NEC Corporation (Japan)
- ZTE Corporation (China)
- SAMSUNG (South Korea)
- Nokia (Finland)
- Huawei Technologies Co., Ltd. (China)
- Telefonaktiebolaget LM Ericsson (Sweden)
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Engines on the market
According to the latest MRFR report, there are numerous factors driving the global market share of 5G infrastructure. Some of them lead to growing awareness of the various benefits offered by 5G networks, the growing number of mobile users, the rapid development of the Internet of Things, favorable government initiatives to implement smart city projects and other public welfare projects through digital transformation and -low latency in 5G. Additional factors that add growth to the market include the growing adoption of virtual network architecture in telecommunications, the growth of mobile data traffic, the increase in M2M connections in various industries, emerging applications such as self-driving cars and augmented reality (AR) and growing consumer frequency band search and connectivity for sensor devices and IoT for smart urban applications.
On the contrary, large delays in spectrum allocation will hamper the growth of the 5G infrastructure market over the forecast period.
View a detailed market research report (99 pages) for 5G infrastructure:
The MRFR report sheds light on an inclusive analysis of the global 5G infrastructure market based on end-user, operating frequency, network architecture and communication infrastructure.
Through the communication infrastructure, the global 5G infrastructure market is segmented into macro and small cells. The small cell segment is re-segmented into picocele, femtocele and microcell.
Through network architecture, the global 5G infrastructure market is segmented into 5G stand-alone and 5G non-standard. Of these, the stand-alone 5G segment will lead the market during the forecast period.
In terms of operating frequency, the global 5G infrastructure market is segmented at above 6 GHz and below 6 GHz. Of these, the upper 6 GHz segment will dominate the market during the forecast period.
By core technology, the global 5G infrastructure market is segmented into network function virtualization (NFV) and software-defined network (SDN). Of these, the NFV segment will lead the market during the forecast period.
As an end user, the global 5G infrastructure market is segmented into government, industrial, commercial and residential. Of these, the industrial segment will have the lion’s share of the market during the forecast period.
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Regional food for home
Geographically, the global 5G infrastructure market is classified in North America, South America, Europe, the Asia-Pacific region and the Middle East and Africa (MEA). Of these, North America will manage the market during the forecast period.
In the APAC region, the global 5G infrastructure market is expected to grow favorably over the forecast period. Rapid economic development, the thriving telecommunications industry, the rapid development of OTT platforms, the increasing use of smartphones, the increase in cellular subscriber base and digital innovation in key countries such as Australia, Malaysia, Singapore, India, Japan and China add to global market growth of 5G infrastructure in the region.
In Europe, the global 5G infrastructure market is projected to grow sharply over the forecast period. The presence of large suppliers, investment from technology start-up carriers, the European ICT Joint Undertaking and the European Commission to offer 5G PPP infrastructure, and the UK and Germany actively involved in 5G technology testing are contributing to the growth of the global 5G market. infrastructure in the region.
June 2021– Oracle presents itself as the “brain” of the 5G infrastructure.
Analysis of COVID-19
The outbreak of COVID-19 led to various forms of interruptions in the implementation of 5G worldwide, affecting investment, supply chain disruption, spectrum allocation delays and more. Telecommunications industry stakeholders in 2019, including communications service providers (CSPs), had begun testing and launching 5G network services as most countries around the world prepared for spectrum bidding, thus freeing up trends. for infrastructure contracts, among other preparedness initiatives. But due to the pandemic situation, the aforementioned preparedness has seen an impact on the market due to reduced budgets for digital transformation costs, delayed spectrum auctions and more.
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