According to IMARC Group’s latest report, titled “5G Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global 5G infrastructure market is expected to exhibit a CAGR of 49.4% during 2022-2027. 5G infrastructure is the network of macro and small-cell-based stations that offer edge computing capabilities. It utilizes the fifth-generation technology standard for cellular networks. The technology relies on software-defined networking (SDN), network functions virtualization (NFV), mobile edge computing (MEC), and fog computing (FC) technologies as a way of increasing agility and improving scalability. 5G infrastructure provides low latency coverage for big data streams that power applications such as IoT devices, semi-autonomous vehicles, and augmented reality. The network also supplies unparalleled performance and experience to its customers compared to the traditionally used wired platforms.
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Market Trends and Drivers:
The global 5G infrastructure market is primarily driven by the increasing adoption of virtual networking architecture in telecommunications. 5G infrastructure is deployed to provide higher efficiency and high-speed data transmission in the advancing field of telecommunications. Besides this, the growing trend of live streaming of videos, video calling, virtual reality (VR), and augmented reality (AR) gaming are propelling the demand for 5G infrastructure across the globe. Furthermore, the rising trend of industrial digitalization has resulted in the demand for uninterrupted connectivity for a vast array of numerous applications. This is facilitating the need for unified bandwidth with minimum latency to establish seamless communications. In addition to this, the rising automation in the healthcare industry, which aids in monitoring medical procedures and providing critical care treatment, is positively influencing the market growth. Furthermore, the development of smart cities and the introduction of new precision farming methods and digitized logistics are creating vast opportunities for the market players.
Key Market Segmentation:
The report has segmented the global 5G infrastructure market on the basis of communication infrastructure, network technology, network architecture, frequency, end user and region.
Breakup by Communication Infrastructure:
- Small Cell
- Macro Cell
- Radio Access Network (RAN)
- Others
Breakup by Network Technology:
- Software-Defined Networking
- Network Function Virtualization
- Others
Breakup by Network Architecture:
- Standalone
- Non-Standalone
Breakup by Frequency:
- Sub-6 Ghz
- Above 6 Ghz
Breakup by End User:
- Automotive
- Energy and Utilities
- Healthcare
- Home User
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape With Key Players:
The competitive landscape of the 5G infrastructure market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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.
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