The global 5G system integration market is expected to reach a valuation of USD 15.6 billion by 2024, driven by 5G in smart cities. This trend will bring new opportunities to the market, with a CAGR of 28.8% from 2024 to 2034, and the total valuation is expected to reach approximately USD 195.8 billion by 2034.
One of the major factors contributing to market growth is integration with legacy systems. Many industries have existing legacy systems that need to be integrated with new 5G infrastructure. System integrators play a critical role in ensuring compatibility and smooth coexistence between legacy and modern systems.
Integrating edge computing and 5G networks to provide localized data processing and reduced latency creates an opportunity for system integrators to design and implement solutions that leverage the power of edge intelligence.
Telecommunications service providers undergoing digital transformation to adapt to the 5G era need system integration services to integrate new technologies, automate processes, and improve overall operational efficiency.
System integrators can help improve the overall user experience by ensuring seamless integration of 5G networks with applications and services, optimizing performance, and minimizing disruption.
Vertical industries such as healthcare, manufacturing, and transportation are increasingly relying on system integration to leverage 5G for industry-specific applications. They want a customized solution that seamlessly integrates with their existing processes.
The transition to virtualized network functions and software-defined network architectures requires comprehensive systems integration. This trend will increase flexibility and scalability in 5G network deployments.
Key points from market research
- The global 5G system integration market is valued at USD 12.3 billion by the end of 2023.
- From 2019 to 2023, market demand grew at a CAGR of 26.0%.
- The Australian market is expected to grow at a CAGR of 32.3% until 2034.
- By industry, the IT and communications sector is expected to account for a 24.5% share in 2024.
- From 2024 to 2034, the 5G system integration market is expected to grow at a CAGR of 28.8%.
- By 2034, the market value of 5G system integration is expected to reach USD 195.8 billion.
“Digital twins, which are virtual replicas of physical objects or systems, are used for monitoring and simulation in a variety of industries. System integrators can help integrate digital twins with 5G networks for real-time monitoring and analysis. You can do.” – Sudip Saha, Managing Director and Co-Founder, Future Market Insights.
competitive environment
recent trends
- In 2021, Ericsson launched the Intelligent Automation Platform, a cutting-edge service management and orchestration product designed to enable intelligent automation of any mobile network. Expanding on our existing portfolio, which includes a cloud-native dual-mode 5G core and a cloud RAN portfolio, the introduction of the Ericsson Intelligent Automation Platform and rApp suite represents a strategic step towards building future networks.
- In the same year, NEC and its wholly owned subsidiary Netcracker announced the successful deployment of 5G core and comprehensive digital BSS/OSS on Amazon Web Services. This deployment is designed to effectively coordinate and automate the delivery of 5G digital services.
