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Global 5G Infrastructure Market to Grow at a CAGR of 62% During 2022-2027, Driven by the Growing Need for Next-Generation Technology

According to a new report by EMR titled, ‘Global 5G Infrastructure Market Report and Forecast 2022-2027’, the global 5G infrastructure industry stood at a value of USD 8.1 billion in 2020. The industry is expected to witness robust growth, expanding at a CAGR of 62% in the forecast period of 2022-2027.

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.

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 (2017-2021) and (2022-2027).
  • The report also offered the historical (2017-2021) and forecasted (2022-2027) 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 Oracle Corporation, AT&T Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Nokia Corporation, and NEC Corporation, 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.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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