5G Network and Tower Deployment Market Analysis by Industry Perspective, Comprehensive Analysis, Growth and Forecast 2021-2028

The 5G network and tower deployment Market size is expected to reach USD 17,785.55 million by 2028; registering at a CAGR of 11.6% from 2022 to 2028, according to a new research study conducted by The Insight Partners

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The adoption of automation is at the forefront across countries in North America. The automation capabilities across the region are rapidly expanding to address various concerns such as operational efficiency, reduced human risk, and minimized production time. The major industries in North America, including retail, oil & gas, utilities, agriculture, manufacturing, healthcare, and education, are integrating automation into their business processes. With the rise in the adoption of automation across these industries, the integration and demand for 5G technologies have also increased. The figure given below represents the 5G contribution by industries by 2030, according to the mobile economy report 2022, published by GSMA.
Countries in North America, such as the US and Canada, have a large number of market players from the aforementioned industries. These players are constantly investing in the adoption of new and advanced technologies to reduce their overall costs and enhance operational efficiency. Thus, these factors are expected to contribute to the growth of the 5G network and tower deployment market size over the forecast period.
The South America 5G network and tower deployment market is segmented into Brazil, Argentina, and the Rest of South America. Economies in South America have progressed at a faster rate on average than the economies of developed countries in the last 15 years. However, they still lag in terms of technological advancements when compared to other regions. The deployment of 5G networks represents a significant opportunity for development in South America.

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Chile became the first country in South America to include the 5G network throughout its national territory in 2021. Brazil is expected to have South America's largest 5G network coverage by 2025. There have been commercial 5G launches in countries such as Colombia, Brazil, Peru, and Puerto Rico. For instance, according to the Telefonaktiebolaget LM Ericsson, the digitalization of industries in South America would be worth more than US$ 21 billion annually. According to 5G Americas, 18 5G networks are currently operating in South America. 5G is expected to represent ~43% of mobile subscriptions in Latin America by the end of 2026. Furthermore, investments in 5G networks are increasing continuously. For instance, GSMA estimated that 5G investments will peak by 2025. Mobile operators invested US$ 11.3 billion in 2020, which is expected to rise to US$ 13 billion in 2025. Overall investments between 2020 and 2025 are expected to reach US$ 73 billion.
The List of Companies - 5G Network and Tower Deployment Market
• American tower corporation
• Crown castle international corp
• CTI Towers Inc.
• DISH Network L.L.C.
• SBA Communications Corporation
• CommScope Inc.
• Mavenir
• Verizon Communications Inc
• AT&T Inc.
• Qualcomm Technologies Inc.

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About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductors and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, and Chemicals and Materials.

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