Global 5G Infrastructure Market to Grow at a CAGR of 62% During 2024-2032, Driven by the Growing Need for Next-Generation Technology

The global 5G infrastructure industry has been rising due to the growing healthcare sector, demanding constant, and reliable data connectivity. The market is further bolstered by rapid industrialisation and digitalisation globally. The market is being aided by the growing need for next-generation technology and advanced infrastructure for cellular and other networks. Based on frequency, the sub-6 GHz is supporting the market expansion by generating a substantial amount of revenue.

The market is further propelled by significantly growing industries like automotive and logistics, among others. Asia Pacific holds the largest share in the market owing to the deployment of 5G infrastructure by major service providers. As a result, there is a high demand for sub-6 GHz, especially in Japan and South Korea. North America and Europe are also likely to account for a significant share in the forecast period.

Oracle Corporation (NYSE: ORCL), AT & T (NYSE: T), and Telefonaktiebolaget LM Ericsson are some of the key market players in the industry. AT & T (NYSE: T) took the lead in Q4 by providing the highest 5G speed among the competitors. On the road to development and providing a 5G network, communication services such as TELUS are seeking Samsung's help to embark on 5G infrastructure in various parts of North America.

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Market Breakup on the Basis of Communication Infrastructure, Network Technology, Network Architecture, Frequency, End-Use, and Region:

• On the basis of communication infrastructure, the market is segmented into macro cell, small cell, and radio access network, among others.

• Based on network technology, the market is segmented into network function virtualisation and software-defined networking, among others.

• Based on network architecture, the market is divided into standalone and non-standalone.

• Based on frequency, the industry is categorised into sub-6 GHz and above sub-6 GHz.

• Based on end-use, the market is segmented into residential, enterprise/corporate, automotive, energy and utilities, transportation and logistics, healthcare, and retail, among others.

• The regional markets can be segmented into North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

Key Findings of the Report:

• The rising digitalisation and industrialisation are driving the growth of the global 5G infrastructure industry.

• The market is further propelled by the increasing demand from the end-use sectors, especially the healthcare sector.

• The significant investments made by crucial communication service providers further aid the market.

Key Offerings of the Report:

• The EMR report gives an overview of the global 5G infrastructure market for the periods (2018-2023) and (2024-2032).

• The report also offered the historical (2018-2023) and forecasted (2024-2032) markets for the communication infrastructure, network technology, network architecture, frequency, end-use, and region of 5G infrastructure.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global 5G infrastructure industry are Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd, Nokia Corporation, Qualcomm Technologies, Inc., LG Electronics Inc., ZTE Corporation, Intel Corporation, Telefonaktiebolaget LM Ericsson, Oracle Corporation, Cisco Systems, Inc., AT&T Inc., NEC Corporation, Dell Technologies, Microsoft Corporation, and HRMavenir Systems, Inc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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