Home > Electronics & Media > 5G Infrastructure Market
5G Infrastructure Market size surpassed USD 3 billion in 2021 and is estimated to grow at over 50% CAGR between 2022 and 2028. The market growth is attributed to the increasing demand for enhanced bandwidth and speed capabilities.
To get more details on this report: Request Free Sample PDF
The growing demand for improved cellular network coverage is enabling the companies to focus on the deployment of next generation 5G technology. The 5G technology provides greater speed compared to the current 4G LTE cellular networks. As the 5G network is in its evolving stage, it is critical to perform continuous standards conformance testing to accelerate innovation. The government and private industry initiatives to commercialize the next generation 5G network are supporting market expansion.
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | 3 Billion (USD) |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 50% |
2028 Value Projection: | 60 Billion (USD) |
Historical Data for: | 2019 to 2020 |
No. of Pages: | 330 |
Tables, Charts & Figures: | 487 |
Segments covered: | Component, Spectrum, Architecture, End-user and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To get more details on this report: Request Free Sample PDF
In the UK, mmWave spectrum segment is expected to register 60% growth rate during the forecast period, owing to growing demand for LTE networks. mmWave provides higher speed for the shorter distance and can be deployed for small, dedicated areas such as stadiums and malls. mmWave spectrum is obstructed by trees and walls, limiting its available range. These limitations make it suitable for the dense urban areas or specific targeted spots such as airports or concerts.
To get more details on this report: Request Free Sample PDF
Radio Access Network (RAN) held the Canada market share of 40% in 2021, due to growing smartphone penetration across world and rising investments in telecom infrastructure. The rising adoption of SDN and NFV technologies in network infrastructure across the enterprises is also driving the market growth.
The implementation of Cloud RAN in NFV and SDN helps in reducing operators’ cost and facilitating the efficient allocation of resources; hence, enterprises are emphasizing on the deployment of wireless connection that helps in enhancing the network capacity.
To get more details on this report: Request Free Sample PDF
In China, non-standalone architecture segment dominated around 85% 5G infrastructure market share in 2021, attributed to less investments required for the deployment of non-standalone 5G network. Major 5G rollouts across the globe are based on the non-standalone architecture.
The non-standalone architecture focuses on providing enhanced mobile broadband (higher data-bandwidth) and reliable connectivity. It enables the telecom operators to use the existing network infrastructure for the deployment of 5G network.
In Indian market, government end-user will grow at a CAGR of more than 80% through 2028, impelled by growing government investments in the 5G network. The government has enabled proactive favorable regulatory framework and easy market access to telecom equipment to ensure availability of telecom services to consumers at reasonable prices.
The favorable initiatives have led to the growth in the number of mobile subscribers, increasing the network traffic. This accelerating data traffic will enable telecom operators to deploy advanced network solutions such as RAN to manage network traffic efficiently.
The Asia Pacific 5G infrastructure market revenue is poised to cross USD 30 billion by 2028. The market growth can be credited to the supportive government initiatives for the commercialization of next generation 5G networks.
With increasing government initiatives, telecom operators are adopting advanced technologies to improvise their network for 5G commercialization. Government authorities in the country have also announced different investments to improve the telecom infrastructure in the region.
Some of the key industry players are Affirmed Networks, Airspan Networks, Altran Technologies, AT&T, Inc., Ciena Corporation, Cisco Systems, Inc., Comba Telecom, CommScope Holding Company, Inc., Telefonaktiebolaget LM Ericsson, Fiberhome, Fujitsu Limited, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Mavenir Systems, Inc., NEC Corporation, Nokia Corporation, Qualcomm Incorporated, Samsung Electronics Co., Ltd. and ZTE Corporation. The companies are emphasizing on strategic partnerships for the development of innovative 5G solutions.
Click here to Buy Section of this Report
Market, By Component
Market, By Spectrum
Market, By Architecture
Market, By End-user
The above information has been provided for the following regions and countries: