Global 5G Infrastructure Market Size, Share, and COVID-19 Impact Analysis, By Communication Infrastructure (Core Technologies, Transport Technologies, RAN) By Spectrum Band (Low Band, Mid Band, High Band) By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) Analysis and Forecast 2022 - 2030
Industry: Electronics, ICT & MediaGlobal 5G Infrastructure Market Insights Forecasts to 2030
- The global 5G infrastructure market size was valued at USD 9.10 Billion in 2021.
- The market is growing at a CAGR of 33.82% from 2022 to 2030
- The global 5G Infrastructure market is expected to reach USD 96.88 Billion by 2030
- The Europe is expected to grow the fastest during the forecast period
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The global 5G Infrastructure market is expected to reach USD 96.88 Billion by 2030, at a CAGR of 33.82% during the forecast period 2022 to 2030. 5G technology is going to provide improved user experience for various use cases such as Ultra High Definition (UHD) video, , Virtual Reality (VR), and seamless video calling.
Market Overview
The 5G infrastructure includes core network, radio access network (RAN), transport technology, and core network with an aim to offer low latency, high throughput, high connection density, and high mobility. The introduction of 5G is going to create various opportunities for stakeholders, companies, consumers, and telecom operators. A few technologies like augmented reality, virtual reality, the internet of things (IoT), connected cars, and artificial intelligence require fast and proper communication system. All these technologies need the support of 5G infrastructure across the world. Hardware companies are considering the 5G capacities and are increasingly coming up with 5G enabled devices.
Report Coverage
This research report categorizes the market for 5G infrastructure market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the 5G infrastructure market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the 5G infrastructure market.
Driving Factors
The internet of things (IoT) is anticipated to integrate 50 billion devices by the year 2020. This technology has a myriad of opportunities across various industry segments such as smart city, manufacturing, automotive, healthcare, and logistics. It needs fast and efficient communication infrastructure and reliable connections along with minimum latency. 5G provides techniques such as network function virtualization and network slicing which helps to provide customer oriented networks. This way, 5G architecture provides customized infrastructure specifically for the IoT apps which improve the efficiency of the industry. Apart from this, the implementation of advanced concepts like artificial intelligence, internet of things (IoT), virtual reality, and augmented reality is also increasing rapidly. But the companies are not yet using these efficiently due to the high latency factor. So, 5G provides ultra low latncy capacities which offer an advanced user experience.
Global 5G Infrastructure Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 9.10 Billion |
Forecast Period: | 2021-2030 |
Forecast Period CAGR 2021-2030 : | 33.82% |
2030 Value Projection: | USD 96.88 billion |
Historical Data for: | 2017-2020 |
No. of Pages: | 209 |
Tables, Charts & Figures: | 113 |
Segments covered: | By Communication Infrastructure, By Spectrum Band, By Region, COVID-19 Impact Analysis |
Companies covered:: | AT&T, Corning Incorporated, CommScope Inc., Verizon Ltd., Belden Inc., NEC Corporation, Dell EMC, Qualcomm Technologies, Intel Corporation |
Pitfalls & Challenges: | Due to the increasing number of COVID-19 cases |
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Restraining Factors
With the faster adoption of 5G technology, the number cyberthreats are increasing rapidly. The increasing connected devices can result in increasing cyberattacks. Apart from this, 5G also provides a direct connection to the mobile network which can result more threats.
Market Segmentation
- In 2021, increasing data traffic to drive the demand for 5G RAN
Based on component, the global 5G Infrastructure market is segmented into core technology, transport technology, RAN (Radio Access Network). Among these RAN segment holds the largest market share as it can cater a different types of spectrum brand. Apart from this the increasing cellular data traffic and rising demand for high bandwidth will also result in an rising demand for small cells. Thus, the growing demand for new wireless network architecture is going to drive the demand for cloud-RAN.
- In 2021, the mid band segment holds the largest market share.
On the basis of spectrum band, the global 5G Infrastructure market is segmented into low band, mid band, high band. Among these the mid band segment is dominating the market with the largest market share as the mid band provides better indoor and outdoor coverage along with high data rates. For the deployment of 5G, the mid band segment has the potential for the international growth. Apart from this the mid band is much needed for shorter network coverage link interstate highways and mobile network coverage.
Regional Segment Analysis of the 5G Infrastructure Market
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- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific emerged as the largest market for the global 5G infrastructure market in 2021.
- The Asia Pacific region holds the largest market share of more than 44% in the year 2021 owing to the increasing deployment of 5G New Radio Infrastructure by key communication service providers.
- Europe on the other hand is anticipated to witness exponential CAGR over the forecast period due to the rising government policies and regulations.
List of Key Market Players
- AT&T
- Corning Incorporated
- CommScope Inc.
- Verizon Ltd.
- Belden Inc.
- NEC Corporation
- Dell EMC
- Qualcomm Technologies
- Intel Corporation
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2020, Samsung Electronics Co. Ltd. has introduced 5G Radio Access Network which is a software based 5G radio infrastructure that provides improved efficiencies, cost savings, and management benefits to the mobile operators.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global 5G Infrastructure market based on the below-mentioned segments:
5G Infrastructure Market, By Communication Infrastructure
- Core Technologies
- Transport Technologies
- RAN
5G Infrastructure Market, By Spectrum Band
- Low Band
- Mid Band
- High Band
5G Infrastructure Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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