According to DataHorizon Research, the 5G infrastructure market size was valued at USD 8.7 billion in 2022 and is expected to reach USD 140.7 billion by 2032, at a CAGR of 32.2%.
FORT COLLINS, Colo., Oct. 2, 2023 (Globe Newswire) — DataHorizon Research publishes “5G Infrastructure Market Size, Growth, Share, Statistics Report, By Component (Hardware, Software), By Spectrum” (Sub-6GHz, mmWave), By Infrastructure (Small Cell, Macro Cell, RAN, DAS), By Network Architecture, By End User (Residential, Commercial, Industrial), By Region, Segment Forecast, 2023-2032.
According to DataHorizon Research, the 5G infrastructure market size was valued at USD 8.7 billion in 2022 and is expected to reach USD 140.7 billion by 2032, at a CAGR of 32.2%. 5G infrastructure has higher bandwidth than 4G infrastructure. 4G offers nearly 10 times more bandwidth. Bandwidth is also high, but the speed and connectivity of 5G infrastructure is relatively large. This will force the company to transition to 5G networks, which will lead the market.
The rapid adoption and widespread adoption of 5G has helped a variety of industries and purposes, including distance learning, agricultural machinery advancement, industrial internet connectivity, smart grid implementation, advanced healthcare, and more. Due to the increasing demand in various industries across the world, the need for 5G infrastructure is rapidly increasing and ultimately driving the market. Other applications of 5G include its use in factory automation, industrial internet smart grids, autonomous driving, robotic surgery, and a variety of other applications.
5G technology also reduces communication delays. It can also be defined as a delay in sending and receiving messages and information. This increases opportunities for Ultras Reliable Low Latency Communications, also known as URLLC, to efficiently schedule various data transfers across the globe, contributing to the overall market growth.
In the healthcare industry, 5G will enable new and higher levels of connectivity, enabling new healthcare ecosystems to conveniently, accurately, efficiently, and cost-effectively meet the needs of patients and healthcare professionals at scale. It’s now possible. 5G connectivity is expanding use cases for artificial intelligence (AI) and health-related Internet of Things (IoT) devices to monitor patients and provide recommendations regarding medications and treatments. This will help drive the market forward for the 5G infrastructure market.
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Report snapshot:
|
report title |
5G infrastructure market |
|
Market size in 2022 |
$8.7 billion |
|
Market size by 2032 |
$140.7 billion |
|
CAGR from 2023 to 2032 |
32.2% |
|
biggest market |
Asia Pacific |
|
Forecast period |
From 2023 to 2032 |
|
historical period |
2021 |
|
base year |
2022 |
|
Report scope and scope |
Market size, market estimates, competitor analysis, trends, growth factors |
|
By component |
hardware, software |
|
By spectrum |
Sub-6GHz, millimeter wave |
|
By infrastructure |
Small cells, macro cells, RAN, DAS |
|
By network architecture |
standalone, non-standalone |
|
By end user |
Residential, commercial, industrial |
|
region |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa. |
|
Target country |
USA, Canada, UK, Germany, France, China, Japan, India, South Korea, Brazil, Mexico, UAE, Saudi Arabia, South Africa, etc. |
|
major market players |
Huawei, Samsung, Cisco, Ericsson, Nokia Networks, ZTE, CommScope, NEC, Comba Telecom Systems Group, Mavenir, Siklu Communication, etc. |
Segmentation overview:
The global 5G infrastructure market is segmented into components, spectrum, infrastructure, network architecture, end users, and region. From an infrastructure perspective, small cells are expected to dominate from 2022 onwards and grow rapidly in the coming years. By end-use, the commercial segment occupies an important position due to the importance of high bandwidth.
The Asia-Pacific region is expected to hold a large share in 2022 and continue to dominate. Increasing smartphone penetration and improved internet connectivity in remote areas are driving market growth. Countries such as China and India are adopting his 5G infrastructure solutions for their network infrastructure.
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5G Infrastructure Market Report Highlights:
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The growing demand for high bandwidth and high speed will significantly drive the growth of the 5G infrastructure market. Global companies prefer seamless connectivity to access and share resources. The implementation of 5G will provide better bandwidth with low-latency coverage for data streams for digital applications.
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Notable players in the 5G Infrastructure market report include Royal Dutch Shell, Total SA, ExxonMobil, PetroChina Company Limited, BP PLC., Chevron Corporation, Fuchs Petrolab AG, Idemitsu Kosan Co., Ltd., Sinopec Stock Company, Valvoline, Lukoil, Petronas, Gazprom Neft, Pertamina, etc.
Main developments in the industry:
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Recently, the Telecom Regulatory Authority of India (TRAI) released a white paper on 5G enterprise technology deployment in 2023. This research will enable the deployment of new AI and blockchain technologies to ensemble automation across the enterprise.
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In 2023, Siemens introduced a private 5G solution infrastructure to the industry that supports mobile communication standards. The company also explains that this will facilitate automation of interconnected applications.
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5G Infrastructure Market Report Segmentation:
5G Infrastructure Market, by Component (2023-2032)
5G Infrastructure Market, By Spectrum (2023-2032)
5G infrastructure market, by infrastructure (2023-2032)
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small cell
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macrocell
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Orchid
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DAS
5G Infrastructure Market by Network Architecture (2023-2032)
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standalone
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non-standalone
5G Infrastructure Market by End User (2023-2032)
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Residential
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commercial
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industrial
5G Infrastructure Market by Region (2023-2032)
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England
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Germany
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France
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rest of europe
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-
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China
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India
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Japan
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South Korea
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Rest of Asia Pacific
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-
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Brazil
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Mexico
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Rest of Latin America
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About DataHorizon Research:
DataHorizon is a market research and advisory firm that helps organizations around the world develop growth strategies that align with changing business dynamics. Its services include enterprise-wide consulting services and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term, sustainable trends in the market makes complex decision-making easier for organizations.
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