Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.59 Billion | USD 104.60 Billion | 22.7% | 2023 |
The global 5G Infrastructure Market size was worth around USD 16.59 billion in 2023 and is predicted to grow to around USD 104.60 billion by 2032 with a compound annual growth rate (CAGR) of roughly 22.7% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the 5G Infrastructure Market on a global and regional level.
5G infrastructure encompasses radio access network, transport technology, and core network, thereby offering high throughput, huge connective density, low latency, and large mobility. Moreover, evolution of 5G infrastructure market is projected to offer new growth avenues for telecom operators, shareholders, and customers. Furthermore, the emergence of innovative technologies like artificial intelligence, connected things, virtual reality, and augmented reality will prop up the business trends.
Moreover, 5G is the fifth generation of mobile networks and offers new features in comparison to 4G LTE network facility. In addition to this, 5G network has been devised for fulfilling the data requirements of the business as well as speeding up the bandwidth & internet connectivity.
The worldwide demand for 5G technology and its infrastructure has been ever-increasing. The 5G infrastructure is projected to be a significant contributor to the futuristic digital world and create technological revolution globally. 5G infrastructure can be termed as a predominant mobile ultra-broadband network that efficiently supports the futuristic internet speed.
The improving standards of living across the world are synchronized with the latest technological enhancements are likely to significantly fuel the 5G infrastructure market globally in the years ahead. It has simultaneously led to an increased dependency on high-speed data for various daily necessities for intrinsic and extrinsic communication. Furthermore, 5G Infrastructure facilitates peak speed 20 times faster when compared to the 4G technology, which is anticipated to be another factor driving this global market in the future. Additionally, to cope up with the advanced technological requirement of the modern era, the demand for 5G infrastructure is significantly growing worldwide. However, manufacturing and installation expenses involved in the research, development, and designing of 5G infrastructure might restrain the 5G infrastructure market growth on a global scale. Moreover, the flourishing IoT sector is expected to create new growth opportunities for the players operating in the global 5G infrastructure market over the forecast time period.
Massive acceptance of virtual networking architecture in telecom sector, lower latency in 5G, and surge in the mobile data traffic will steer industry size. In addition to this, escalating trend of mobile to mobile communications across myriad sectors will prompt the business growth. Furthermore, installing of 5G infrastructure offers various benefits like high speed information transmission and enormous efficiency over 4G networks.
Apparently, launching of autonomous vehicles and need for enhanced mobile bandwidth along with introduction of smart city concept will prompt the expansion of 5G infrastructure industry over the forthcoming years. Moreover, with industrial revolution 4.0 is supporting mobile connectivity across the globe, the market for 5G infrastructure is likely to gain traction over the ensuing years.
The global 5G infrastructure market is classified on the basis of communication infrastructure, core network technology, chipset, and vertical.
The communication infrastructure segment includes small cell, macro cell, a radio access network (RAN), and a distributed antenna system (DAS). The small cell segment is further divided into the micro cell, pico cell, and femtocell.
The core network technology segment includes software-defined networking (SDN), network functions virtualization (NFV), mobile edge computing (MEC), and fog computing (FC).
By chipset, this market includes application-specific integrated circuit (ASIC), radio frequency integrated circuit (RFIC), field-programmable gate array (FPGA), and millimeter wave technology chip.
By vertical, this market includes healthcare, automotive, construction, energy and utilities, retail, public sector, robotics, and consumer electronics.
Report Attributes | Report Details |
---|---|
Report Name | 5G Infrastructure Market |
Market Size in 2023 | USD 16.59 Billion |
Market Forecast in 2032 | USD 104.60 Billion |
Growth Rate | CAGR of 22.7% |
Number of Pages | 182 |
Key Companies Covered | SK Telecom Co. Ltd, Samsung, Cavium, LG Electronics Inc, MACOM Technology Solutions, Nokia Corporation, Qualcomm, Hewlett Packard Enterprise, Fujitsu Ltd, AT&T Inc, ZTE Corporation, Verizon Communications, Intel, Ericsson, NEC, Huawei, Cisco, and MediaTek |
Segments Covered | By Communication Infrastructure, By Core Network Technology, By Chipset, By Vertical and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America To Make Notable Contributions Toward Overall Market Size By 2032
The expansion of the industry in the sub-continent over the forecast timespan is due to the massive need for huge bandwidth along with surging data traffic in the countries like the U.S. In addition to this, the humungous presence of many of the major 5G infrastructure service providers will help in market penetration in the region. Furthermore, the escalating acceptance of AI and augmented reality as well as connected things will contribute sizably towards the industry growth in the sub-continent over the assessment period.
Key participants profiled in the report include:
5G Infrastructure Market: Communication Infrastructure Analysis
5G Infrastructure Market: Core Network Technology Analysis
5G Infrastructure Market: Chipset Analysis
5G Infrastructure Market: Vertical Analysis
FrequentlyAsked Questions
5G infrastructure refers to the network components and technologies required to support the fifth generation of wireless communication, known as 5G.
According to study, the 5G Infrastructure Market size was worth around USD 16.59 billion in 2023 and is predicted to grow to around USD 104.60 billion by 2032.
The CAGR value of 5G Infrastructure Market is expected to be around 22.7% during 2024-2032.
North America has been leading the 5G Infrastructure Market and is anticipated to continue on the dominant position in the years to come.
The 5G Infrastructure Market is led by players like LG Electronics Inc., Nokia Corporation, Fujitsu Ltd., AT&T Inc., Verizon Communications, SK Telecom Co. Ltd., Intel, Qualcomm, Samsung, Ericsson, NEC, Huawei, ZTE Corporation, Hewlett Packard Enterprise, Cisco, Cavium, MACOM Technology Solutions, and MediaTek, among others.
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