5G Infrastructure Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2028
5G Infrastructure Market Growth & Trends The global 5G Infrastructure market size is expected to reach USD 80.5 billion by 2028, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 49.8% from 2021 to 2028. The significant investments by communication service providers to deploy 5G infrastructure across the globe to provide improved data services are estimated to drive the market. Additionally, robust innovation in next-generation 5G network equipment and deployment module will help in bringing down the overall deployment costs for service providers. As a result, it is estimated to boost the deployment of 5G infrastructure over the forecast period. Significantly growing demand for high bandwidth connectivity for several use cases, such as accessing ultra-high definition (UHD) videos, cloud-based AR/VR gaming, and HD video meetings, is expected to boost the market growth during the forecast period. Moreover, a wide range of industries including manufacturing, oil and gas, mining, and energy and utility are investing a massive amount in deploying 5G networks. The 5G network helps industrial facilities to enhance their overall productivity and operational efficiency. Thus, the growing need for high bandwidth capacity to establish unified connectivity to millions of Industrial IoT (IIoT) devices is expected to foster market growth from 2020 to 2027. With the emergence of 5G technology, the transportation and logistics industry is shifting towards a significant transformation in order to build an autonomous ecosystem. Moreover, the deployment of a 5G network will help in delivering seamless data speed for various transport applications, including ships and ports, Vehicle-to-Everything (V2X), and drone
connectivity. Moreover, a notable demand for high-speed bandwidth capacity for emergency healthcare applications, such as remote patient surgeries, is estimated to strengthen the market growth from 2020 to 2027. Besides, robust demand for 5G data services in rapidly building several smart cities for energy management and cloud storage applications is further anticipated to expand the market growth. Browse full report with Table of Content (PDF with All Related Graph and Chart) @: https://www.grandviewresearch.com/industry-analysis/5g-infrastructure-market
The ongoing pandemic of COVID-19 has shown an adverse impact on the market for the 5G infrastructure. Several telecom equipment manufacturers across the globe have temporarily halted the production and export of 5G equipment. Additionally, federal governments across key countries such as the U.S., France, the U.K., and Australia have temporarily postponed the 5G spectrum auctions in their countries. Further, the escalating trade war between the two largest economies, coupled with the rising security concerns, is estimated to hinder the market growth. 5G Infrastructure Market Report Highlights
Based on component, in the hardware segment, RAN held the largest share of 46.3% in 2019 owing to a significant rise in investments in deploying 5G cloud or centralized RAN across key countries, such as the U.S., the U.K., Japan, and China
With the growing need to provide unified connectivity to several industrial sensors and collaborative robots, the industrial vertical segment is anticipated to witness considerable growth over the forecast period
Robust investments in installing a 5G standalone network to deliver ultra-reliable low latency connectivity for connected vehicle applications are estimated to surge the growth of the standalone network architecture segment over the forecast period
By spectrum, the sub-6 GHz segment held the dominant share of 94.7% in 2019, which is attributed to the high focus on releasing sub-6 GHz frequency bands by federal governments initially across key countries to deliver high-speed data services Leading players such as Telefonaktiebolaget LM Ericsson and Nokia Corporation are highly focused on establishing partnerships with leading service providers to enhance
their geographical presence and overall market share For Requesting a Sample Copy of This Report, Please Visit @
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5G Infrastructure Market Segmentation
Grand View Research has segmented the global 5G infrastructure market on the basis of component, spectrum, network architecture, vertical, and region: 5G Infrastructure Component Outlook (Revenue, USD Billion, 2018 - 2028) Hardware
o
Radio Access Network (RAN)
o
Core Network
o
Backhaul & Transport
o
Consulting
o
Implementation & Integration
o
Support & Maintenance
o
Training & Education
Services
5G Infrastructure Spectrum Outlook (Revenue, USD Billion, 2018 - 2028) Sub-6 GHz
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Low Band
o
Mid Band
mmWave
5G Infrastructure Network Architecture Outlook (Revenue, USD Billion, 2018 - 2028) Standalone
Non-standalone
5G Infrastructure Vertical Outlook (Revenue, USD Billion, 2018 - 2028) Residential
Enterprise/Corporate
Smart City
Industrial
Energy & Utility
Transportation & Logistics
Public Safety and Defense
Healthcare Facilities
Retail
Agriculture
Others
5G Infrastructure Regional Outlook (Revenue, USD Billion, 2018 - 2028) North America
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U.S.
o
Canada
o
U.K.
o
Germany
o
Italy
o
Russia
o
China
o
India
o
Japan
o
South Korea
Europe
Asia Pacific
Latin America o
Brazil
o
Mexico
Middle East & Africa (MEA)
List of Key Players of 5G infrastructure Market Huawei Technologies Co., Ltd.
Samsung Electronics Co., Ltd.
Nokia Corporation
Telefonaktiebolaget LM Ericsson
ZTE Corporation
NEC Corporation
Cisco Systems, Inc.
Fujitsu Limited
CommScope Inc
Comba Telecom Systems Holdings Ltd.
Altiostar
Airspan Networks
Casa Systems
Hewlett Packard Enterprise Development LP
Mavenir
Parallel Wireless
JMA Wireless
Ceragon
Aviat Networks, Inc.
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About Grand View Research Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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According to a new report published by Grand View Research,