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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:
Key Findings of the Report:
Key Offerings of the Report:
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.
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