5G infrastructure Market Size Forecasted to be Worth USD 75.55 Billion by 2028
According to a recent analysis, the worldwide 5G infrastructure market was valued at USD 75.55 billion in 2020 and is expected to grow to more than USD 75.55 billion in revenue by 2028, representing a compound annual growth rate (CAGR) of 62.1 percent. Machine-to-machine (M2M) connections are becoming increasingly important in a variety of industries. The rise in the number of smart city initiatives, as well as the corresponding demand for greater coverage, is also helping to drive the expansion of 5G infrastructure market. The high cost of establishing 5G infrastructure, on the other hand, may limit the expansion of the industry to a certain extent throughout the course of the study period.
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The Report’s Most Important Findings
- The hardware category, measured by component, is predicted to grow at a compound annual growth rate (CAGR) of 62.2 percent over the forecast period, owing to the rising implementation of 5G radio access networks across numerous industries.
- Because of the significant increase in the number of smart city projects and the associated increase in the deployment rate of sub-6 GHz signals, the sub-6 GHz spectrum segment is expected to dominate the global 5G infrastructure market in terms of revenue over the forecast period, according to the spectrum segmentation.
- The non-standalone segment is likely to gain significant traction throughout the projection period due to its architecture. The rapid expansion can be ascribed to the increasing use of non-standalone architectures to integrate 5G infrastructure with current LTE infrastructure around the world, which is driving the market.
- Due to the increasing demand for higher bandwidth in virtual meetings, the enterprise segment is expected to account for a significant portion of the worldwide 5G infrastructure market share throughout the course of the analysis period.
- The APAC region is expected to be a major regional ground for the global 5G infrastructure market, owing to the strong presence of domestic and international market players in the region, such as Samsung Electronics Co., Ltd., ZTE Corporation, and Huawei Technologies Co., Ltd., among others, according to the regional landscape.
- Other key players in the global 5G infrastructure market are Nokia Corporation, ZTE Corporation, NEC Corporation, Ericsson AB (formerly known as Ericsson Mobile Communications), Ceragon Networks Ltd. (formerly known as Ceragon Networks), CommScope (formerly known as Aviat Networks), and CommScope Inc. (formerly known as Aviat Networks).
Specifically, Emergen Research has categorised the worldwide 5G infrastructure market into five categories: component, spectrum, architecture, end-user application, and geography.
- Perspectives for Components (revenue in billions of dollars; 2021–2028)
- Support and maintenance services are provided.
- Implementation and Integration Consulting Training and Education Hardware Core
- Network Implementation and Integration Consulting Training and Education
- Radio Access Network (RAN) is an abbreviation for Radio Access Network.
- Backhaul and transportation services
- Spectrum Revenue Forecast (in billions of dollars; 2021–2028)
mm Wavelength - 2021–2028, Sub-6 GHz High Band, Mid Band, and Low Band Architecture Forecast (Revenue, US Dollars Billion)
- Standalone and non-standalone end-use forecasts (revenue in billions of dollars; 2021–2028)
- Agricultural Industrial Retail Distribution Logistics Distribution Enterprise Defense
- Residential Government Energy & Power Others
2021–2028, revenue forecasts by region (in billions of dollars) - North America, namely S. Canada
Mexico
Europe
Germany
K. \sFrance
BENELUX
Europe as a whole
Asia and the Pacific
China
Japan
South Korea is a country in East Asia.
India
The rest of Asia-Pacific
Latin America is a continent that includes
Brazil
The rest of Latin America
Africa and the Middle East
Saudi Arabia is a country in the Middle East.
UAE
The remainder of MEA
