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5G Infrastructure Market worth over $60bn by 2028

  • Published Date: April 28, 2022

5G Infrastructure Market size is set to surpass USD 60 billion by 2028, according to a new research report by Global Market Insights Inc.

The market growth is attributed to the rising smartphone penetration across the globe. The increasing number of mobile subscribers has resulted in increased data traffic, thus boosting the requirement for low latency networks. The 5G network offers better speed, lower latency, and greater capacity than the 4G networks. Supportive government initiatives for improving telecom infrastructure by government authorities are supporting the industry progression.

Growing need to manage radio communication is fueling the market demand

The transport and backhaul network segment is predicted to observe a 50% growth rate till 2028 on account of the rising demand for low latency applications. The 5G transport network enables various low latency applications, such as Mobile Broadband (eMBB), massive Machine-Type Communications (mMTC), and ultra-reliable Low-latency Communications (URLLC), to operate more effectively. The COVID-19 pandemic has affected the demand for 5G transport and backhaul networks as 5G commercialization delayed in many countries.

Browse key industry insights spread across 330 pages with 454 market data tables and 35 figures & charts from the report, “5G Infrastructure Market Size By Component (Hardware [Radio Access Network (RAN), Core Network, Transport and Backhaul Network], Service) By Spectrum (Sub-6 GHz, mmWave) By Architecture (Standalone, Non-standalone) By End-user (Communication Service Providers, Enterprises [Commercial, Industrial {Manufacturing, Automotive and Transportation, Utility, Retail, Healthcare}], Government), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:


Sub-6GHz spectrum segment is expected to dominate the 5G infrastructure market

The sub-6 GHz spectrum held 85% of revenue share in 2021 owing to the increasing investments in low and mid-band frequency spectrums by telecom service providers. The major commercial 5G infrastructures have deployed mid-bands, ranging from 3.3GHz-3.8GHz and a few countries have also re-farmed sub-1GHz low bands for 5G. Telecom service providers are deploying 5G networks on the sub-6 GHz spectrum to offer high bandwidth services.

Standalone 5G architecture is projected to grow significantly

The 5G infrastructure market for standalone architecture is estimated to attain a CAGR of over 60% by 2028 due to the simplified RAN and device architecture. The standalone 5G network infrastructure is directly connected to the 5G core network and it does not rely on the existing 4G. The biggest challenge faced by the standalone 5G infrastructure is the high initial investments required for the deployment of standalone 5G infrastructures.

Changing consumer demands are enabling telecom service providers to deploy 5G infrastructures

Communication service providers segment accounted for 40% of market share in 2021. Telecom operators are focusing on improving their telecom infrastructures to meet the growing demand for cellular users. Telecom operators are continuously upgrading their network infrastructures to meet the high-speed data demand from consumers. As data service is the leading business segment for the majority of the telecom providers, expansion and upgrading of 5G infrastructures are being undertaken at a rapid pace to ensure competitiveness and maintain the industry share.

Growing investments in the telecom sector are driving the industry growth across North America region

5G infrastructure Market Trends

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North America 5G infrastructure market is anticipated to reach USD 16 billion by 2028. The rising internet penetration leads to an increase in the number of mobile devices that, in turn, accelerate network data traffic. This increasing data traffic is enabling telecom operators to transform their telecom infrastructures. Supportive government initiatives for the commercialization of 5G infrastructure are supporting the regional market progression. Government authorities including the Federal Communication Commission (FCC) and the Canadian Radio-television and Telecommunications Commission (CRTC) are focusing on improving the regulatory framework for attracting more investments for the deployment of 5G telecom infrastructures.

Participants are focusing on strategic partnerships to gain a competitive advantage

Major players operating in the market include 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. These leaders are emphasizing on strategic partnerships for the development of innovative 5G networks.

Authors: Preeti Wadhwani, Smriti Loomba