Market Research Future (MRFR) has published on the “Global 5G Infrastructure Market”
The 5G Infrastructure market is estimated to register a CAGR of 20.87% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global 5G Infrastructure market—Ericsson, Huawei, Nokia Networks, Samsung, ZTE, NEC, Cisco, Commscope, Comba Telecom Systems, Alpha Networks, Siklu Communication, Mavenir, Airspan Networks, Hewlett Packard Enterprise Development LP, Fujitsu, and American Tower, and others.
5G Infrastructure Market Highlights
The global 5G Infrastructure market is accounted for to register a CAGR of 20.87% during the forecast period and is estimated to reach USD 271202.2 million by 2032.
5G technology can potentially transform a wide range of industries, including healthcare, manufacturing, transportation, and entertainment. For instance, in healthcare, 5G networks can support remote patient monitoring and telemedicine, which can help improve patient outcomes and reduce healthcare costs. Furthermore, 5G networks in manufacturing can support real-time monitoring and optimization of production processes. In transportation, they can be used to support autonomous vehicles and connected infrastructure. In addition to the opportunities provided by specific business verticals, the growing demand for high-speed connectivity and real-time data processing is expected to drive the overall growth of the 5G infrastructure market. This includes demand for 5G infrastructure to support new applications and services, such as high-definition video streaming, cloud gaming, and the Internet of Things (IoT). Thus, the growing demand from different business verticals is expected to provide significant opportunities in the 5G infrastructure market, creating new avenues for growth and innovation in the telecommunications industry.
Segment Analysis
The global 5G Infrastructure market has been segmented based on type, network architecture, operational frequency, end user.
Based on type, the market is segmented into communication infrastructure (microcell, femtocell, and picocell}, core technology (macro cell {software-defined networking (SDN), and network function virtualization (NFV)}). The communication infrastructure segment was attributed to holding the largest market share in 2022 with a market share of ~55% revenue as estimated by MRFR analysts.
Communication infrastructure is a key component of the 5G infrastructure market, as it is the backbone of the 5G network. 5G networks require a complex and extensive communication infrastructure, including macro and small cell towers. To support the deployment of 5G infrastructure, significant investments are being made in communication infrastructure, including the installation of new towers and small cells and the upgrading of existing infrastructure to support 5G technology.
Based on network architecture, the global 5G Infrastructure market has been segmented into 5G NR Sub-6Ghz and 5G NR mmWave. The 5G NR Sub-6Ghz segment was expected to hold the largest market share in 2022.
Further, based on the operational frequency, the market is segmented into 5G Non-Standalone, and 5G Standalone. The 5G Non-Standalone, and 5G Standalone segment is projected to have the largest market share during the forecast period.
Based on end user, the global 5G Infrastructure market has been segmented into residential, commercial, industrial, and government . The commercial segment was expected to hold the largest market share in 2022.
Regional Analysis
The global 5G Infrastructure market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe 5G Infrastructure market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The 5G Infrastructure market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World 5G Infrastructure market comprises of Middle East, Africa, and Latin America.
Asia Pacific accounts for one of the largest market shares in the 5G Infrastructure market. The increasing demand for high-speed connectivity and the need for digital transformation across various industries. Several countries in the region are investing heavily in 5G infrastructure, including China, South Korea, Japan, and Australia. China, in particular, has been at the forefront of 5G infrastructure development. Its three major telecom operators, China Mobile, China Unicom, and China Telecom are launching 5G networks in major cities nationwide.
North America's 5G Infrastructure market accounts for the second-largest market share. The increasing demand for high-speed data connectivity, the adoption of emerging technologies such as IoT and AI, and the growing investments in deploying 5G networks by major telecom operators. Major telecom operators such as Verizon, AT&T, T-Mobile, Rogers Communications, Bell Canada, and Telus have deployed 5G networks in several cities. They are investing heavily in expanding their networks to provide nationwide coverage.
Additionally, The increasing demand for high-speed data connectivity, the adoption of emerging technologies such as IoT and AI, and the growing investments in deploying 5G networks by major telecom operators and governments. Countries such as the UK, Germany, France, and Italy are leading the way in deploying 5G networks, with operators such as Vodafone, Telefónica, and Deutsche Telekom making significant investments in the development of 5G infrastructure.
Key Findings of the Study
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The global 5G Infrastructure market is expected to reach USD 2,71,202.2 million by 2032, at a CAGR of 20.9% during the forecast period.
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The Asia Pacific region accounted for the fastest-growing global market, increasing demand for high-speed connectivity and the need for digital transformation across various industries.
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Based on application, the commercial segment was attributed to holding the largest market in 2022, with an approximate market share of 45%.
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Ericsson, Huawei, Nokia Networks, Samsung, ZTE, NEC, Cisco, Commscope, Comba Telecom Systems, Alpha Networks, Siklu Communication, Mavenir, Airspan Networks, Hewlett Packard Enterprise Development LP, Fujitsu, and American Tower, are the key market players.
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Companies Covered | 15 |
Pages | 128 |
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