Global 5G Infrastructure Market is projected to exhibit a significant growth, at a CAGR of around 48.2%, during the forecast period. Introduction of 5G technology has marked a new development in the connection of devices, which is projected to positively impact every element of life. It is regarded as the cellular communication technology of the next generation that is expected to bring revolutionary and evolutionary services to the telecommunication sector. 5G technology has the ability to unleash advanced economic opportunities and several benefits to the society, providing it as a potential element in transforming the telecommunication industry. The rapid development of IoT-based devices across every industry is soon to transform every piece of technology into a wireless connection to the internet. Some of these technologies includes IoT-based smoke detectors, fridges, and washing machines. These advancements are offering growth to the 5G infrastructure market.
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5G plays a role of catalyst for the innovation and deployment of IoT across industry verticals. 5G represents a paradigm shift in the architecture of communication network, with the introduction of a range of 5G-enabled devices such as tablets, laptops, and smartphones, expected to accelerate revenue generation through the network. Through the development of 5G technology, the large base stations are expected to be replaced by small macro cells of network, over which millimetre wave frequencies will be used to transmit huge data with smaller frequency ranges. In August 2018, Nokia Corporation received an investment of $584 million from the European Investment Bank (EIB) for R&D of 5G technology. The company has further collaborated with Sprint in September 2018 and have developed 5G new radio (NR) connection through MIMO technology across 2.5 GHz spectrum. Some of the other recent investments made in 5G technology are-
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Global 5G Infrastructure Market-Segmentation
By Infrastructure Type
- Small Cell
- Macro Cell
By Operational Frequency
- Sub 6-GHz
- Above 6-GHz
By End-User
- Residential
- Commercial
- Industrial
Global 5G Infrastructure Market– Segment by Region
North America
- The US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Achronix Semiconductor Corp.
- Airspan Networks
- AT&T Inc.
- Casa Systems, Inc.
- Ceragon Networks Ltd.
- Cisco Systems, Inc.
- Comba Telecom Systems Holdings Ltd.
- CommScope, Inc.
- Fujitsu Global
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co., Ltd.
- Marvell Semiconductor, Inc.
- Mavenir Systems, Inc.
- NEC Corp.
- Qualcomm Technologies, Inc.
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