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The Global 5G Infrastructure Market to amount to $9182.64 Million by 2025

06-09-2020 01:59 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Global 5G Infrastructure Market

Global 5G Infrastructure Market

As per a Triton Market Research report, the global 5G infrastructure market, which was worth $1015.01 million in 2018, is forecasted to register a CAGR of 30.62% by the year 2025.

A recent study by Triton Market Research titled ‘Global 5G Infrastructure Market,’ covers the Global Analysis and Forecast for 2019-2025 by Communication Infrastructure (RAN (Radio Access Network), Transport Network, Core Network), By Industrial Vertical (Consumer Electronics, Automotive, Machinery Automation, Energy & Utilities, Other Industrial Verticals), and by Geographical Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

5G is an advanced cellular technology capable of delivering reliable high-speed communication at ultra-low latency levels. This technology covers the entire hardware, software, and services ecosystem, which is crucial for implementing a 5G network. 5G technology operates in a high-frequency spectrum, which helps in delivering data at super-high speeds.

Request Free Sample of the Global 5G Infrastructure Report @ https://www.tritonmarketresearch.com/reports/5g-infrastructure-market#request-free-sample

According to the Triton report, the Global 5G Infrastructure Market is estimated to generate $9182.64 million by 2025, with a CAGR of 30.62% over the forecast period 2019-2025. The growing internet usage and the expanding wearables & connected devices segment of consumer electronics are the crucial factors driving growth in this market. However, the deployment of small cells and the upgradation of the physical layer of the network architecture are creating hurdles in market growth.

Based on communication infrastructure, the global 5G infrastructure market is segmented into RAN (radio access network), transport network, and core network. Whereas, based on industrial vertical, it is categorized into consumer electronics, automotive, machinery automation, energy & utilities, and other industrial verticals.

The Asia-Pacific market for 5G infrastructure is speculated to account for the highest share of the global market by 2028. Japan, South Korea, and China are the major economies contributing to the growth of the market in this region. Also, it is expected to showcase the fastest growth over the forecast period.

This can be attributed to the large number of initiatives taken by the government in key economies for the deployment of the 5G spectrum. For instance, the South Korean government is supporting telecommunications providers in the development of 5G technology. Furthermore, the APAC region has a large young population, which has raised the demand for digital applications like social gaming, media, and online video consumption. A 5G network is expected to provide a high data rate for these applications, and thereby meet the consumers’ expectations.

The main companies profiled in this report on the 5G infrastructure market include Verizon, Huawei Technologies Co Ltd, Samsung, Orange, Qualcomm Technologies Inc, Nokia, NTT Docomo Inc, Intel Corporation, Vodafone Group, MediaTek Inc, Cisco Systems Inc, and AT&T Intellectual Property.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/5g-infrastructure-market#purchase-option

Question & Answer: 5G Infrastructure Market

Question 1: What factors are driving growth in the 5G infrastructure market?
Answer: The growing internet usage and the expanding wearables & connected devices segment of consumer electronics are the crucial factors driving growth in this market.

Question 2: What factors are creating hurdles in the 5G infrastructure market growth?
Answer: The deployment of small cells and the upgradation of the physical layer of the network architecture are creating hurdles in market growth.

Question 3: How is the Asia-Pacific impacting the 5G infrastructure market outlook?
Answer: The Asia-Pacific market for 5G infrastructure is speculated to account for the highest share of the global market by 2028. Japan, South Korea, and China are the major economies contributing to the growth of the market in this region. Also, it is expected to showcase the fastest growth over the forecast period.

This can be attributed to the large number of initiatives taken by the government in key economies for the deployment of the 5G spectrum. For instance, the South Korean government is supporting telecommunications providers in the development of 5G technology. Furthermore, the APAC region has a large young population, which has raised the demand for digital applications like social gaming, media, and online video consumption. A 5G network is expected to provide a high data rate for these applications, and thereby meet the consumers’ expectations.

Question 4: Which companies are profiled in the 5G infrastructure market report?
Answer: The main companies profiled in this report on the 5G infrastructure market include Verizon, Huawei Technologies Co Ltd, Samsung, Orange, Qualcomm Technologies Inc, Nokia, NTT Docomo Inc, Intel Corporation, Vodafone Group, MediaTek Inc, Cisco Systems Inc, and AT&T Intellectual Property.

Related Report:
Global 5G Chipset Market

The global 5G chipset market is set to register a growth of $9743.66 million by 2025, with a CAGR of 33.84% over the forecast years 2019-2025.

The increase in IoT (Internet of Things) & M2M connections, the rising demand for mobile broadband services, and the increasing demand for high-speed internet, reduced latency & power consumption are factors driving the market growth.

Smartphone proliferation is being witnessed over the globe of late. One of the factors responsible for this is the falling device cost. It is estimated that, by 2021, there will be 3.8 billion smartphone users. However, owing to the rising number of smartphone users, the global mobile speed average is unable to meet the high-speed requirements of the mobile apps being used. An increasing consumption of high-quality video and audio content is also being witnessed.

With respect to all digital devices, mobile devices have become the preferred medium for consuming online media, which includes live video streaming, audio streaming, file sharing, running business applications, etc. However, current LTE technologies do not entirely support all these applications. This is a crucial factor driving the adoption of 5G, for high internet speed & coverage and reduced latency.

5G technology is expected to provide a boost to autonomous driving, the gaming industry, and remote robotic surgery applications. Besides, the government initiatives for smart cities are expected to create lucrative opportunities for the 5G chipset market growth.

Triton Market Research
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We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

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