5G infrastructure Market Size Forecasted to be Worth USD 75.55 Billion by 2028

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According to a recent report, the global 5G infrastructure market size was valued at USD 75.55 Billion in 2020 and is forecast to exceed 75.55 Billion in terms of revenue, delivering a CAGR of 62.1% through 2028. Growing need for Machine-to-Machine (M2M) connections in various industries coupled with growth in number of smart city projects and associated demand for improved coverage is also boosting the growth of 5G infrastructure market. However, the high cost of implementing 5G infrastructure may hamper the industry growth to a certain extent over the analysis period.

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Key Highlights of Report

• Based on component, the hardware segment is expected to register a CAGR of 62.2% over the forecast period owing to the increasing implementation of 5G radio access network across various industries.
• Based on spectrum, the sub-6 GHz segment is forecast to lead the global 5G infrastructure market in terms of revenue over the forecast period on account of significant rise in number of smart city projects and associated deployment rate of sub-6 GHz signals.
• Based on architecture, the non-standalone segment is expected to gain major traction over the forecast period. The robust growth can be attributed to the growing deployment of non-standalone architecture to integrate 5G infrastructure with existing LTE infrastructure across the globe.
• In terms offend-use, the enterprise segment is forecast to account for a major chunk of the global 5G infrastructure market share over the analysis period owing to the surging demand for higher bandwidth in virtual meetings.
• In the regional landscape, the APAC region is forecast to be a major regional ground for the global 5G infrastructure market on account of robust presence of domestic and international market players in the region, including Samsung Electronics Co., Ltd., ZTE Corporation, and Huawei Technologies Co., Ltd., among others.
• Key participants in the global 5G infrastructure market include Cisco Systems, Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Nokia Corporation, ZTE Corporation, NEC Corporation, Ericsson AB, Ceragon Networks Ltd., CommScope Inc., and Aviat Networks, Inc., among others.

For the purpose of this report, Emergen Research has segmented the global 5G infrastructure market on the basis of component, spectrum, architecture, end-use, and region.

• Component Outlook (Revenue, USD Billion; 2021–2028)
  • Services
    1. Support & Maintenance
    2. Implementation & Integration
    3. Consulting
    4. Training & Education
  • Hardware
    1. Core Network
    2. Radio Access Network
    3. Backhaul & Transport
  • Spectrum Outlook (Revenue, USD Billion; 2021–2028)
    • mm Wave
    • Sub-6 GHz
      1. High Band
      2. Mid Band
      3. Low Band
    • Architecture Outlook (Revenue, USD Billion; 2021–2028)
      • • Standalone
        • Non-standalone
      • End-use Outlook (Revenue, USD Billion; 2021–2028)
        • • Industrial
          • Retail
          • Logistics
          • Logistics
          • Enterprise
          • Defense
          • Residential
          • Government
          • Energy & Power
          • Others
        • Regional Outlook (Revenue, USD Billion; 2021–2028)
          • • North America
              1. S.
              2. Canada
              3. Mexico
            • Europe
              1. Germany
              2. K.
              3. France
              4. BENELUX
              5. Rest of Europe
            • Asia Pacific
              1. China
              2. Japan
              3. South Korea
              4. India
              5. Rest of APAC
            • Latin America
              1. Brazil
              2. Rest of LATAM
            • Middle East & Africa
              1. Saudi Arabia
              2. UAE
              3. Rest of MEA

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/5g-infrastructure-market