5G Infrastructure Market Area And Industry Forecasts Till, 2022 - 2030

The global 5G infrastructure market size is estimated to reach USD 95.88 billion by 2030, registering a CAGR of 34.2% from 2022 to 2030, according to a new study by Grand View Research, Inc. Significant investments by communication service providers to deploy 5G infrastructure across the globe to offer improved data services are estimated to drive the market. Additionally, robust innovation in next-generation 5G network equipment and deployment module will help in bringing down the overall deployment costs for service providers, thus boosting 5G infrastructure deployment during the forecast period.

5G Infrastructure Market Segmentation

Grand View Research has segmented the global 5G infrastructure market on the basis of component, spectrum, network architecture, vertical, and region:

Based on the Components Insights, the market is segmented into Hardware and Services.

  • In the hardware segment, RAN dominated the market for 5G infrastructure with a share of 48.5% in 2021. This is attributed to the robust deployment of 5G RAN with several small cells and macrocell base stations globally.
  • The core network sub-segment under hardware is estimated to witness significant growth during the forecast period. The core network plays an essential part in handling network traffic and storing consumer information.

Based on the Spectrum Insights, the market is segmented into Sub-6 GHz and mm Wave.

  • The sub-6 GHz segment dominated the 5G infrastructure market with a share of 84.8% in 2021.
  • mmWave frequencies are high band frequencies that provide enhanced bandwidth capacity with very low latency.

Based on the Network Architecture Insights, the market is segmented into Standalone and Non-Standalone.

  • The non-standalone (NSA) network architecture dominated the global 5G infrastructure industry with a revenue share of over 91% in 2021.
  • The need for unified bandwidth capacity with minimum latency to establish seamless communication between autonomous vehicles is expected to drive the demand for 5G infrastructure in the transportation and logistics segment.

Based on the Vertical Insights, the market is segmented into Residential, Enterprise/Corporate, Smart City, Industrial, Energy & Utility, Transportation & Logistics, Public Safety and Defense, Healthcare Facilities, Retail, Agriculture and others.

  • The enterprise/corporate segment dominated the market with a revenue share exceeding 20% in 2021.
  • The need to provide seamless connectivity to smart home applications, cloud-based Augmented Reality/Virtual Reality (AR/VR) gaming, and others, have raised the deployment of 5G infrastructure for residential or consumer applications.
  • These industrial applications primarily include collaborative/cloud robots, automated guided vehicles (AGVs), wireless cameras, and others.
  • Digital services including telemedicine and remote patient monitoring will remain popular even after the pandemic is contained, thereby ensuring robust market growth.

5G Infrastructure Regional Outlook.

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

The market is highly consolidated with the top four players accounting for over 60% revenue share in 2021. Key players are striving to build strategic partnerships with service providers to deploy next-generation network infrastructure and gain an early mover’s advantage.

Some of the prominent players in the in 5G Infrastructure market include:

Huawei Technologies Co., Ltd.

Samsung Electronics Co., Ltd.

Nokia Corporation

Telefonaktiebolaget LM Ericsson

ZTE Corporation

NEC Corporation

Cisco Systems, Inc.

Fujitsu Limited

CommScope Inc.

Comba Telecom Systems Holdings Ltd.

Altiostar

Airspan Networks

Casa Systems

Hewlett Packard Enterprise Development LP

Mavenir

Parallel Wireless

JMA Wireless

Ceragon

Aviat Networks, Inc.

Order a free sample PDF of the in 5G Infrastructure Market Intelligence Study, published by Grand View Research.

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