Press release
"5G Infrastructure Market Set to Soar, Projected Worth Reaches $150.9 Billion by 2030"
A newly released market research report titled "5G Infrastructure Market by Component, Network Architecture, Spectrum-Global Forecast to 2030" presents a compelling outlook for the 5G infrastructure market, estimating its value to soar to $150.9 billion by the year 2030. The report, which delves into critical aspects such as components, network architecture, and spectrum, predicts a robust CAGR of 34.8% during the forecast period from 2023 to 2030.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5471
The evolution to 5G infrastructure represents a significant leap in cellular network technology, offering enhanced data speeds, ultra-low latency, higher reliability, increased network capacity, and a seamless user experience. This transformation is fueling demand across industries and is driven by the surge in Machine-to-Machine (M2M) connections, government investments, smart city initiatives, cloud computing adoption among SMEs, and the growth of IoT technology.
Key Findings from the Report:
Component Analysis: The hardware segment is poised to dominate the market in 2023 due to rapid 5G RAN deployment and increased adoption of virtual RAN by network service providers.
Network Architecture: 5G NR Non-Standalone (NSA) architecture is expected to lead initially, driven by the need for high-speed data transfer. However, 5G NR Standalone (SA) architecture is projected to exhibit the highest growth rate.
Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5471
Spectrum Dynamics: The 2 GHz to 6 GHz spectrum segment is anticipated to hold the largest share, with significant investments from communication service providers.
Geographical Insights: Asia-Pacific is set to be the frontrunner in the global market, driven by government initiatives, technological advancements, and infrastructural growth, especially in countries like China, South Korea, and Japan.
Key Market Players:
The competitive landscape of the 5G infrastructure market features industry giants such as Telefonaktiebolaget LM Ericsson, Cisco Systems, Huawei Technologies Co., Ltd., AT&T Inc., Samsung Electronics Co., Ltd., and others, actively contributing to the market's evolution and growth.
The comprehensive report provides in-depth insights, strategic recommendations, and actionable intelligence for stakeholders looking to capitalize on the burgeoning opportunities in the 5G infrastructure market.
Browse in depth @ https://www.meticulousresearch.com/product/5g-infrastructure-market-5471
Related Report:
5G Testing Market by Offering (Equipment, Outsourced Services), Application (5G Fixed Wireless Access Deployment Testing, Converged 5G xhaul Transport, 5G Small Cell Testing, Dark fiber Testing), End User, and Geography - Global Forecast to 2030 >> https://www.meticulousresearch.com/product/5g-testing-market-5482
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