5G Technologies market competitive and growth analysis - major players, high growth strategies and opportunities

As per The Business Research Company's 5G Technologies Opportunities And Strategies Market Report 2023, The 5G technologies market reached a value of nearly $5,858.9 million in 2021, having grown at a compound annual growth rate (CAGR) of 142.4% since 2016. The market is expected to grow from $5,858.9 million in 2021 to $76,726.0 million in 2026 at a rate of 67.3%. The market is then expected to grow at a CAGR of 40.1% from 2026 and reach $414,040.9 million in 2031.

Increasing investments is expected to drive the growth of the 5G technologies market in the forecast period. For example, in July 2020, South Korea's three major mobile operators, SK Telecom, KT and LG Uplus, have invested US$22 billion (KRW 25.7 trillion) to boost 5G infrastructure across the country. Also, according to data from the 2022 World 5G Convention in Harbin, capital of Northeast China's Heilongjiang province, in August 2022, Chinese telecom operators invested 401.6 billion yuan (about $59.4 billion) in 5G. Therefore, increasing investments are expected to propel forward demand in the 5G technologies market.

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Machine learning (ML) is gaining popularity in the 5G technologies market. Machine learning plays a key role in assisting wireless operators to deploy, operate and manage 5G networks. For example, in February 2022, Nokia, a Finland-based telecommunications company, launched its new intelligent radio access network (RAN) Operations solution designed to manage the increasing complexity of 5G networks through machine learning. It implements several machine learning functionalities that help operators manage network density and complexity. It enables the automation of routine network management tasks, with a greater ability to detect, categorize and solve network issues in real-time. This saves time and eliminates human error.

Opportunities -The top opportunities in the 5G technologies market segmented by communication infrastructure will arise in the small cell segment, which will gain $34,077.5 million of global annual sales by 2026. The top opportunities in the 5G technologies market segmented by chipset type will arise in the ASIC chips segment, which will gain $36.651.0 million of global annual sales by 2026. The top opportunities in the 5G technologies market segmented by end user will arise in the telecom segment, which will gain $46,998.9 million of global annual sales by 2026. The top opportunities in the 5G technologies market segmented by core network technology will arise in the network functions virtualization (NFV) segment, which will gain $35,055.5 million of global annual sales by 2026. The 5G technologies market size will gain the most in China at $27,320.3 million.

5G Technologies Market Segmentation:
The 5G Technologies market is segmented

By Communication Infrastructure -
The 5G technologies market is segmented by communication infrastructure into
a) Small Cell
b) Macro Cell
c) Radio Access Network (RAN)
d) Distributed Antenna System (DAS)

By End-User -
The 5G technologies market is segmented by end-user into
a) Automotive
b) Industrial
c) Consumer Electronics
d) Healthcare
e) Telecom
f) Other End-Users

By Core Network Technology -
The 5G technologies market is segmented by core network technology into
a) Software-Defined Networking (SDN)
b) Network Functions Virtualization (NFV)
c) Mobile Edge Computing (MEC)
d) Fog Computing (FC)

Major players in the 5G Technologies market include Ericsson, Nokia, Qualcomm Technologies Inc., Intel Corporation, Broadcom

The regions covered in the global 5G Technologies market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global 5G Technologies Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

5G Technologies Market Report Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
.........................................................
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. 5G Technologies Market, Conclusions And Recommendations
23. Appendix

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