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5G Infrastructure Market Size, Share, Trends & Analysis Report 2024

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5G Infrastructure Market Size 2024 To 2032

 

  • The global 5G infrastructure market size reached USD 10.4 Billion in 2023.
  • The 5G infrastructure market size is expected to reach USD 258.0 Billion by 2032, exhibiting a growth rate (CAGR) of 42.94% during 2024-2032.
  • Radio Access Network (RAN) leads the market, accounting for most of the market share owing to its efficient data handling and scalability features.
  • Network function virtualization represents the largest segment due to improved network agility and easier 5G service deployment.
  • Sub-6 GHz holds the largest share in the 5G infrastructure industry, driven by its optimal balance of performance and signal reliability.
  • Home user remains a dominant end-user segment in the market because of increasing demand for smart devices and seamless connectivity.
  • Asia Pacific leads the market with its early adoption of 5G technologies and expanding mobile user base.
  • The growth of the 5G infrastructure market is driven by the increasing demand for advanced applications such as augmented reality (AR) and virtual reality (VR) in various industries.
  • Additionally, the push toward Industry 4.0 is fueling the demand for automation and smart manufacturing, where real-time data processing and machine-to-machine communication are critical.

Request to Get the Sample Report:

https://www.imarcgroup.com/5g-infrastructure-market/requestsample

Industry Trends and Drivers:

·         Demand for high-speed connectivity:

One of the most significant drivers is the global demand for faster and more reliable internet connections. With a wide range of applications, including streaming, gaming, remote work, and virtual collaboration, consumers and businesses require high-speed data transmission. 5G technology promises ultra-low latency and significantly faster download and upload speeds, far exceeding what is currently possible with 4G networks. This need for enhanced bandwidth and reduced latency is driving investments in 5G infrastructure, including base stations, core networks, and fiber-optic backhaul systems. Sectors like entertainment, healthcare, and automotive are also adopting 5G to leverage real-time data processing for immersive experiences, telemedicine, and autonomous vehicles.

·         Adoption of IoT and smart technologies:

The adoption of IoT is transforming industries by enabling devices and machines to communicate with each other in real time. With billions of connected devices expected by the end of this decade, 5G is crucial to handling the vast amount of data generated. 5G’s enhanced capacity and ability to support massive machine-type communications (mMTC) make it ideal for IoT applications. From smart cities and connected homes to industrial IoT (IIoT), 5G infrastructure is becoming a critical enabler for automation, smart grids, and remote monitoring systems. The demand for seamless communication between IoT devices is driving the development and deployment of 5G infrastructure globally.

·         Investments by telecom operators:

Telecom operators are heavily investing in 5G infrastructure to maintain a competitive edge and meet the growing consumer demand for advanced services. These investments are not limited to just network expansion but also involve upgrading existing 4G infrastructure to support 5G capabilities. Governments worldwide are auctioning 5G spectrum to facilitate the deployment of 5G networks, further encouraging telecom companies to accelerate infrastructure development.

Moreover, collaborations between network equipment manufacturers and telecom operators are creating a more robust ecosystem for 5G infrastructure, driving its deployment across urban and rural regions.

5G Infrastructure Market Report Segmentation:

Breakup By Communication Infrastructure:

          Small Cell

·         Macro cell

·         Radio Access Network (RAN)

·         Others

 RAN dominates due to its essential role in enabling wireless communication between devices and the core network, ensuring efficient 5G connectivity and coverage.

Breakup By Network Technology:

          Software-Defined Networking

·         Network Function Virtualization

·         Others

Network function virtualization (NFV) leads as it reduces dependency on hardware, lowers operational costs, and increases flexibility in deploying and managing 5G services through software-defined networks.

Breakup By Network Architecture:

         Standalone

·         Non-Standalone

Based on the network architecture, the market is segmented into standalone and non-standalone.

Breakup By Frequency:

         Sub-6 Ghz

·         Above 6 Ghz

Sub-6 GHz holds the largest share due to its wide coverage and ability to balance speed and penetration, making it ideal for both urban and rural 5G deployments.

Breakup By End User:

        Automotive

·         Energy and Utilities

·         Healthcare

·         Home User

·         Others

The home user sector is dominant as 5G enhances the demand for high-speed internet, supporting smart homes, remote work, and entertainment services like streaming and gaming.

Breakup By Region:

        North America

·         Asia Pacific

·         Europe

·         Latin America

·         Middle East and Africa

Asia Pacific leads due to rapid 5G adoption, government initiatives, and significant investments in infrastructure from countries like China, Japan, and South Korea.

Top 5G Infrastructure Market Leaders:

The 5G infrastructure market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

         Airspan Networks Inc.

·         AT&T Inc.

·         Cisco Systems Inc.

·         Comba Telecom Systems Holdings Limited

·         Hewlett Packard Enterprise Company

·         Huawei Technologies Co. Ltd.

·         Mavenir Systems Inc. (Comverse Technology)

·         NEC Corporation

·         Nokia Oyj

·         Oracle Corporation

·         Telefonaktiebolaget L M Ericsson

·         ZTE Corporation

Ask Analyst for Customized Report:

https://www.imarcgroup.com/request?type=report&id=2795&flag=C

Key Highlights of the Report:

·         Market Performance (2018-2023)

·         Market Outlook (2024-2032)

·         Market Trends

·         Market Drivers and Success Factors

·         Impact of COVID-19

·         Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

134 N 4th St

Brooklyn, NY 11249, USA

Website: imarcgroup.com

Email: [email protected]

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

 

 

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