The global 5G infrastructure market size will reach around $92 billion by 2030, according to a new report by GlobalData Plc. Substantial investments made by communication service providers worldwide in order to enhance data services is likely to drive the market in the coming years. Moreover, the continuous innovation in advanced 5G network equipment and deployment modules is anticipated to lower deployment costs for service providers, which would further stimulate the deployment of 5G infrastructure during the forecast period. Additionally, the rapidly increasing demand for high bandwidth connectivity, which provides an enhanced user experience for several use cases, such as cloud-based AR/VR gaming, HD video meetings, and accessing ultra-high definition (UHD) videos is anticipated to fuel the market growth from 2023 to 2030.
5G Infrastructure Market by End Use Vertical, 2020 – 2030
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5G Infrastructure Market FAQs
The 5G Infrastructure market size globally is estimated to be valued at $12.08 billion in 2023.
The global 5G Infrastructure market is expected to grow at a CAGR of 33.6% over the forecast period (2023-2030).
The increased demand for high-speed internet, growing adoption of the Internet of Things (IoT), and increased investment in smart city infrastructure are some of the major factors driving the market growth.
o Component: Hardware, Software
o Deployment Architecture: Non-Stand Alone (NSA), Stand-Alone (SA)
o Frequency Range: Low-Frequency Bands (FR1), High-Frequency Bands (FR2)
o End-use vertical: Commercial, Residential, Industrial, Government
The leading 5G Infrastructure companies are Huawei Technologies Co Ltd, Telefonaktiebolaget LM Ericsson, Nokia Corporation, ZTE Corp, Samsung Electronics Co Ltd, NEC Corporation, Cisco Systems, Inc., Fujitsu Limited, CommScope Inc., Comba Telecom Systems Holdings Ltd.
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5G Infrastructure Market Dynamics
5G infrastructure has several applications across the residential, commercial, industrial, and government sectors. It is critical to businesses as 5G can enable more personalized, location-based marketing campaigns, using augmented reality (AR) and other interactive technologies to engage customers. It can also enable more immersive customer service experiences, such as virtual reality (VR) support sessions, and more efficient call center operations. Furthermore, massive investments in 5G network deployment by a wide range of industries, including mining, energy and utility, manufacturing, automobile, and oil and gas, among others, are expected to expand the market growth.
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5G Infrastructure Market Report Highlights
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5G Infrastructure Market Scope
GlobalData Plc has segmented the 5G infrastructure market report by component, frequency range, deployment architecture, end-use verticals, and region:
5G Infrastructure Market – Revenue Opportunity Forecast, by Component, 2020-2030 ($M)
5G Infrastructure Software Market – Revenue Opportunity Forecast, by Frequency Range, 2020-2030 ($M)
5G Infrastructure Software Market – Revenue Opportunity Forecast, by Deployment Architecture, 2020-2030 ($M)
5G Infrastructure Software Market – Revenue Opportunity Forecast, by End Use Vertical, 2020-2030 ($M)
5G Infrastructure Software Regional Outlook (Revenue, $M, 2020-2030)
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