5G Infrastructure Market - Global Industry Insights, Trends, Forecast, and Opportunity Analysis to 2026
5G Infrastructure Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players.
5G is a key enabler for the futuristic digital world. It ofers ultra-high broadband infrastructure, for application in various sectors such as healthcare, automotive, and manufacturing. Increasing number of connected devices plays a key role in growth of the 5G infrastructure market. According to Coherent Market Insights, the installed base of Internet of Things devices was 18 billion units in 2016 and is projected to reach 75 billion units by 2025. Integration of sensors in various applications such as automation, automotive, consumer electronics, healthcare, infrastructure maintenance, and smart metering and utilities in turn increases demand for robust and energy-efcient connectivity technologies such as 5G. 5G is a key enabler for Internet of Things by ofering a platform to connect a number of devices to the internet.
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Software-Defined Networking segment is projected to account for the dominant position in global 5G infrastructure market over the forecast period.