The global 5G infrastructure market value is estimated to reach USD 45,000 Million by 2025 at a CAGR of 65%. Changing consumer needs, technology up-gradation, and the increasing importance of data in daily economic activities are anticipated to drive the global market for 5G infrastructure.
5G infrastructure is the latest advancement in the network infrastructure. The infrastructure consists of small and macro-cell base stations with superior computing capabilities. 5G infrastructure is developed to fulfill the ever-increasing and changing connectivity needs across the globe. Improved network connection to transfer high-quality videos and audios at faster rates is the main characteristic of 5G infrastructure. Standalone and NSA (Non-standalone) infrastructure are two main types of 5G infrastructure network. Standalone infrastructure does not depend on LTE (Long-term evolution) networks and operates through its network connected to the NR (5G New Radio). NSA (Non-standalone) infrastructure brings some new technology and partly depends on 4G LTE (Long-term evolution) infrastructure. The value chain of 5G infrastructure involves OEMs, app developers, operators, content creators, and consumers.
This market research report segments the global market for 5G Infrastructure by communication infrastructure, core network technology, network architecture, operational frequency, and end-user. By communication infrastructure, the market is categorized into small cell and macro cell. Further categorization of the small cell includes micro cell, pico cell, and femtocell. By core network technology, the market is categorized into SDN and NFV. By network architecture, the market is categorized into standalone network and non-standalone network. By operational frequency, the market is categorized into sub 6 GHz and above 6 GHz. By end-user, the market is categorized into residential and commercial. The commercial end-users are further categorized as industrial and government. Based on geographical regions, the 5G infrastructure market is categorized into Europe, Latin America, North America, Asia Pacific, Middle East, and Africa. Each region is studied by the country level to cover a detailed analysis of macroeconomic and microeconomic factors.
Industry competition analysis is performed to understand the strengths and weaknesses of key 5G infrastructure market players. Company profiles include a financial summary, business overview, product portfolio, and recent developments of key industry giants. Key companies profiled in the research report are
With the increasing adoption of IoT (Internet of things) across several sectors, the data traffic has become a major challenge for today's digital generation. The global economy is strongly influenced by digital infrastructure and mobile technology is driving several business operations across wide industry sectors ranging from consumer goods to healthcare services. The Internet is a vital part of data communication including its storage, sharing, and management. 5G infrastructure is the new generation of mobile networks and developed to tackle this ever-increasing data traffic over global existing 4G mobile networks.
5G was commercially launched in early 2019 and currently, it is used in three key types of connected services such as IoT, mobile broadband, and critical communications. 5G can make our smartphone experience better and more advanced with lower latency, low cost-per-bit, and uniform and faster data rates. 5G infrastructure can allow the design of new services that can renovate industries with low-latency and ultra-reliable links such as remote control of vehicles, medical procedures, and critical infrastructure. 5G is expected to transform the massive IoT sector by seamlessly connecting a large number of fixed sensors in almost everything. The ability of 5G infrastructure to rule down in mobility, data rates, and power are anticipated to boost the market growth during the forecast years.
Digitization has transformed almost every business nowadays and hence 5G network is expected to exhibit tremendous influence on businesses with superior data speeds and high network reliability. Depending upon the industry type and business needs 5G infrastructure can be designed and utilized. To date, 5G infrastructure has been installed more than 20 countries and nationwide availability of 5G networks is expected in many countries by the end of 2020. Despite several advantages and potential opportunities, there are certain challenges in the deployment of 5G infrastructures such as the requirement of high initial investment, long period to materialize, and additional installation of cellular network towers.
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