The Business Research Company’s 5G Infrastructure Equipment Global Market Report 2021: COVID-19 Growth And Change to 2030

Ericsson has recently raised concerns that it might receive a lower share in the 5G-rollout in China as compared to its current share in the telecom infrastructure market in the country. The key reason for this is suspected to be the exclusion of Chinese players from 5G network launches in Sweden, the parent country of Ericsson. However, it should be noted that Ericsson is still invited for various tender processes in China, but the company remains unsure of the final outcome. This is interesting given the explosive growth forecast for the 5G infrastructure market in The Business Research Company’s recent report.

The concerns were raised by Ericsson in an updated prospectus for its investors related to its issue of an unsecured eight-year bond worth $610 million. The Swedish government had banned Huawei, a major Chinese player, last October from supplying 5G equipment, citing security concerns. Huawei filed a lawsuit to overturn this decision of the government and a decision on this lawsuit is likely to come in the coming weeks. This is expected to influence Ericsson’s prospects in China.

As per data on the Global Market Model, the 5G infrastructure equipment market size is expected to grow from $3.46 billion in 2020 to $5.86 billion in 2021 at a compound annual growth rate (CAGR) of 69.4%. Asia Pacific was the largest region in 2020 covering more than 80% of the market and is expected to remain the largest in the near future. Other regions including South America are expected to gain momentum in 2021 and increase their share going forward.

The adoption of 5G for smart city networks is an important driver for the growth of the global 5G infrastructure market. Enhanced features of the 5G network such as high speed, reduced or zero latency, wider bandwidth, uniform platforms, a larger number of connected devices, and extended battery life are powering the smart cities, thereby causing an urban revolution.

For instance, zero-latency allows the sensors and devices that power a smart city’s transportation and traffic systems to automatically reroute the traffic, while also alerting self-driving vehicle systems to road conditions. Advanced features of the 5G technology will enable people to adopt new ways of life, from automated food purchasing and delivery to intricate management of a building’s infrastructure. The need for 5G networks is increasing as a result of these enhanced features, and the adoption of 5G for smart city networks is driving the 5G infrastructure market.

Fog computing is an emerging trend in the 5G infrastructure industry. Fog computing is a distributed network, which facilitates extending cloud computing capabilities between end devices and cloud computing data centers. 5G technology sometimes requires very dense antenna deployments, and in circumstances where these antennas need to be deployed within 20 kilometers from one another, fog computing architecture is used among these stations. It includes a centralized controller which manages applications running on the 5G network and handles connections to back-end data centers or clouds. Fog computing is predominantly being used in time-critical applications requiring sub-millisecond reaction time.

The 5G Infrastructure Equipment Global Market Report is one of a series of new reports from The Business Research Company that provides 5G infrastructure equipment market overviews, analyzes and forecasts 5G infrastructure market size, share, 5G infrastructure equipment market players, 5G infrastructure equipment market segments and geographies, the market’s leading competitors’ revenues, profiles and market shares.

About The Author

Moïn has eight years of experience in research and analysis. He has worked with some prominent market intelligence firms in India including Progressive Digital Media, Ovum, and GlobalData. His job roles involved data and trend analysis, market modelling, and report writing across industries. He has a bachelor’s degree in Biotechnology and a postgraduate degree in management from IMI Belgium. At TBRC, he has worked for clients such as Mitsubishi, Kobe Steel, and Amazon. Some key projects he has been involved in include market analysis for an automotive parts company and a market strategy project for an international NGO.

About The Global Market Model

The Global Market Model is the world’s most comprehensive database of integrated market information available. The ten-year forecasts in the Global Market Model are updated in real time to reflect the latest market realities, which is a huge advantage over static, report-based platforms.

Here Is A List Of Related Reports From The Business Research Company

5G Services Global Market Report 2021: COVID-19 Growth And Change To 2030

Cellular Or Mobile Telephone Services Global Market Report 2021: COVID 19 Impact And Recovery To 2030

Telecom Infrastructure Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery

Wireless Telecommunication Carriers Global Market Report 2021: COVID-19 Impact And Recovery To 2030

Communications Hardware Global Market Report 2021: COVID-19 Impact And Recovery To 2030

Interested To Know More About The Business Research Company?

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. The Global Market Model is The Business Research Company’s flagship product.

Contact Information

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info