Press release
5G Infrastructure Market Share, Size, Global Industry Trends and Latest Insights 2023-2028
The latest report published by IMARC Group, titled "5G Infrastructure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.The global 5G infrastructure market size reached US$ 7.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 77.1 Billion by 2028, exhibiting a growth rate (CAGR) of 45.9% during 2023-2028.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/5g-infrastructure-market/requestsample
5G Infrastructure Market Trends:
The rise in data consumption represents one of the key factors driving the growth of the market across the globe. This is primarily attributed to streaming services, social media, and a growing number of internet users necessitating the higher bandwidth and faster speeds that 5G infrastructure provides. As the IoT ecosystem expands, with more devices and sensors becoming interconnected, the need for 5G's low latency and high capacity communications becomes critical to support this complex network. Many governments are investing in smart city projects that require robust and fast 5G networks to handle vast amounts of data and enable smart utilities, traffic management systems, and emergency services. The consumer demand for high-definition video content, augmented reality (AR), virtual reality (VR), and seamless video conferencing is increasing, which is necessitating the deployment of 5G for its low-latency, high-speed connections. The industrial sector's move towards automation, artificial intelligence, and robotics, particularly with Industry 4.0 initiatives, requires the reliable and rapid data transfer capabilities that 5G infrastructure offers. Telecom operators are looking to 5G to open new revenue streams, improve network performance, and offer competitive services, including new mobile broadband options.
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
Key Market Segmentation:
The report has segmented the global 5G infrastructure market based on 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
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2795&flag=C
5G infrastructure comprises the advanced network technologies and equipment that enable the fifth generation of mobile communication. It promises high-speed data transmission, reduced latency, and increased connectivity for a multitude of devices. Unlike previous generations, 5G is characterized by its ability to support the burgeoning Internet of Things (IoT) ecosystem, autonomous vehicles, smart city initiatives, and real-time data exchange. This infrastructure includes small cells, massive MIMO (Multiple Input Multiple Output) antennas, optical fiber backhaul, and edge computing facilities, which work together to offer a seamless and highly reliable network.
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
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.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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