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5G Infrastructure Market Size
- Report ID: GMI5258
- Published Date: Apr 2022
- Report Format: PDF
5G Infrastructure Market Size
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.
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 Attribute | Details |
|---|---|
| Base Year: | 2021 |
| 5G Infrastructure 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: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
5G Infrastructure Market Scope
