Registering a CAGR of around 55.0% over the forecast period of 2022-2027, the 5G Network Infrastructure Market is anticipated to reach the market value of US$ 77.6 Billion by 2026.
5G Network technology is an advanced and next generation wireless communication technology. This works under a high-frequency band of wireless technology for smooth connectivity and networking.The 5G infrastructure market is probable to revolutionize the domain of various broadband services and is supposed to empower connectivity across different end-user verticals. According to GSMA, around 45% urban coverage level has been achieved for 5G networks in the early deployment trails.5G is the 5th generation of mobile networks and is a significant evolution of 4G LTE networks. 5G has been designed to meet the substantial growth in data and connectivity of today’s modern society, the internet of things(IoT) with billions of connected devices, and other forthcoming innovations.The healthcare industry, particularly in developed economies, has started emphasizing the importance of concepts like remote diagnosis and surgeries to the patients. Therefore, to deliver constant data connectivity during remote patient surgeries, the need for next-generation technology and related infrastructure is expected to drive the market for 5G infrastructure in the forthcoming years.Increasing Machine-to-Machine/IoT Connections is Expected to Drive the Market.Emerging applications and business models, coupled with falling device costs, have been instrumental in driving IoT adoption and, consequently, the number of connected devices - connected cars, machines, meters, wearables, and consumer electronics.
Feb 28, 2022: Qualcomm Accelerates 5G Adoption Across PCs with New Turnkey 5G Modules
Qualcomm Technologies, Inc. announced the Snapdragon® X65 and X62 5G M.2 Modules, developed in collaboration with Foxconn Industrial Internet and Quectel.
January 2020: NEC Corporation announced the development of millimeter-wave distributed antennas (MIMO) for the efficient use of 5G millimeter-wave spectrum (28GHz band). This newly developed product has resolved the issues of shielding and diffraction of propagation paths for interior mobile communications using millimeter-wave communication.
5G Network Infrastructure Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
Europe is expected to account for a significant portion of the global demand in the 5G infrastructure market, due to the presence of large vendors and carriers' investment to launch technology in this region.Germany and the United Kingdom are actively involved in testing 5G technology. For instance, Vodafone is trialing 5G at the MediaCity UK tech hub in Salford and is rolling out tests in other areas, such as Birmingham, Glasgow, Liverpool, Bristol, Cardiff, London, and Manchester.
All these factors greatly affect the 5G Network Infrastructure market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The 5G Network Infrastructure Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global 5G Network Infrastructure Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 55.0% during the review period (2022 to 2027). |
By Type |
|
By Application |
|
By Companies | Qualcomm, Intel, Ericsson, Samsung, NEC, Mediatek, Cisco, Marvell, Qorvo, Huawei, and others. |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 116 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The 5G Network Infrastructure Market is studied from 2017 - 2027.
What is the growth rate of 5G Network Infrastructure Market?
The 5G Network Infrastructure Market is growing at a CAGR of 55.0% over the next 5 years.
What regions does this 5G Network Infrastructure Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.