5G Infrastructure Market Share, Trends Industry Report 2024 To 2032

Summary:

• The global 5G infrastructure market size reached USD 10.4 Billion in 2023.
• The market is expected to reach USD 258.0 Billion by 2032, exhibiting a growth rate (CAGR) of 42.94% during 2024-2032.
• RAN leads the market, accounting for the largest 5G infrastructure market share owing to its essential role in connecting users to the network.
• Network function virtualization (NFV) accounts for most of the market share due to its efficient resource management and flexibility in network services.  
• Based on the network architecture, the market is categorized into standalone and non-standalone.
• Sub-6 GHz holds the largest share in the 5G infrastructure industry, driven by its superior balance between coverage and speed for broader network reach.
• Home users remain a dominant end-user segment in the market because of the increasing need for high-speed internet and smart home devices.
• Asia Pacific leads the market with its rapid 5G rollout and significant investment in telecommunications infrastructure.
• The growth of the 5G infrastructure market is significantly driven by the rise of digital economies and the increasing reliance on data-centric services across various sectors.
• The transition to digital business models necessitates robust network solutions to handle large volumes of data and support seamless digital transactions, thereby strengthening the market growth.

Request to Get the Sample Report:

https://www.imarcgroup.com/5g-infrastructure-market/requestsample

Industry Trends and Drivers:

·         Rising Demand for High-Speed Data Connectivity:

As digital transformation continues to reshape industries, there is a growing need for faster, more reliable internet connections. The demand for high-speed data, fueled by the expansion of bandwidth-intensive applications like video streaming, cloud computing, and augmented reality, is a significant factor driving the 5G infrastructure market. Consumers and enterprises alike are demanding faster upload and download speeds, lower latency, and improved reliability to support data-intensive tasks. Unlike its predecessors, 5G networks can provide speeds up to 100 times faster than 4G, with much lower latency, creating a new level of internet experience.

This performance boost is essential for supporting real-time applications in sectors such as healthcare, autonomous vehicles, and industrial automation. As such, telecom operators are heavily investing in upgrading their network infrastructure to meet this rising demand, thus fueling the growth of the 5G infrastructure market.

·         Growth of the Internet of Things (IoT):

The increasing proliferation of connected devices is another major factor driving the 5G infrastructure market. IoT encompasses a vast network of devices and systems, from consumer electronics to industrial machines, all connected to the internet and capable of communicating with each other. As the number of IoT devices rises, the existing 4G networks are becoming insufficient to handle the massive data traffic generated. 5G, with its capability to support up to one million devices per square kilometer, is crucial for the smooth functioning of IoT ecosystems.

Moreover, 5G’s ultra-low latency and high reliability enable real-time communication between connected devices, which is essential for critical applications like smart cities, industrial IoT, and connected healthcare. The demand for robust IoT infrastructure is driving the deployment of 5G networks across urban and rural areas, thus boosting market growth.

·         Advancements in Telecommunications Technology:

Technological advancements within the telecommunications sector are also significantly driving the 5G infrastructure market. Innovations such as network slicing, massive MIMO (multiple-input, multiple-output), and edge computing are enabling more efficient and flexible use of network resources, which is essential for the deployment of 5G. Network slicing, for instance, allows multiple virtual networks to run on a shared physical infrastructure, providing tailored services to different types of users or applications. Similarly, massive MIMO technology increases the capacity of wireless networks by enabling more data to be transmitted simultaneously.

Additionally, edge computing moves data processing closer to the source of data, reducing latency and enabling real-time applications. These technological developments are enhancing the performance and capabilities of 5G networks, making them more attractive to industries and telecom operators.

5G Infrastructure Market Report Segmentation:

Breakup By Communication Infrastructure:

·         Small Cell

·         Macro cell

·         Radio Access Network (RAN)

·         Others

RAN is the largest segment due to its critical role in providing the wireless interface between devices and the core network in 5G infrastructure.

Breakup By Network Technology:

·         Software-Defined Networking

·         Network Function Virtualization

·         Others

NFV dominates the market as it enables the flexible, scalable deployment of network services, optimizing the management and operation of 5G networks.

Breakup By Network Architecture:

·         Standalone

·         Non-Standalone

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

Breakup By Frequency:

·         Sub-6 Ghz

·         Above 6 Ghz

Sub-6 GHz frequencies account for the majority of market share because they offer a balance of coverage and speed, essential for widespread 5G deployment.

Breakup By End User:

·         Automotive

·         Energy and Utilities

·         Healthcare

·         Home User

·         Others

Home users represent the biggest end-user sector due to the growing demand for high-speed internet and connectivity for personal and residential applications.

Breakup By Region:

·         North America

·         Asia Pacific

·         Europe

·         Latin America

·         Middle East and Africa

Asia Pacific is the largest market owing to its rapid adoption of 5G technology, high population density, and significant investments in telecommunications infrastructure.

Top 5G Infrastructure Market Leaders:

The 5G infrastructure market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

·         Airspan Networks Inc.

·         AT&T Inc.

·         Cisco Systems Inc.

·         Comba Telecom Systems Holdings Limited

·         Hewlett Packard Enterprise Company

·         Huawei Technologies Co. Ltd.

·         Mavenir Systems Inc. (Comverse Technology)

·         NEC Corporation

·         Nokia Oyj

·         Oracle Corporation

·         Telefonaktiebolaget L M Ericsson

·         ZTE Corporation

Ask Analyst for Customized Report:

https://www.imarcgroup.com/request?type=report&id=2795&flag=C

Key Highlights of the Report:

·         Market Performance (2018-2023)

·         Market Outlook (2024-2032)

·         Market Trends

·         Market Drivers and Success Factors

·         Impact of COVID-19

·         Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group

134 N 4th St

Brooklyn, NY 11249, USA

Website: imarcgroup.com

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800