The 5G Infrastructure Equipment Market Is Estimated To Reach $108.99 Billion By 2027 At A CAGR Of 55.9% – Includes 5G Infrastructure Equipment Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The adoption of 5G for smart city networks are expected to drive innovation in 5G infrastructure equipment manufacturing, thus driving the market during the forecast period.
The global 5G infrastructure equipment market is expected to grow from $10.49 billion in 2022 to $18.44 billion in 2023 at a compound annual growth rate (CAGR) of 75.8%. The global 5g infrastructure equipment market size is expected to grow to $108.99 billion in 2027 at a CAGR of 55.9%.
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Global 5G Infrastructure Equipment Market Segments Include:
- By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN), Distributed Antenna System (DAS)
- By Network Technology: Software Defined Networking (SDN) and Network Function Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC)
- By Application: Energy & Utilities, Automotive, Healthcare, Retail, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global 5G infrastructure equipment market in 2021.
Major Market Players in the 5G infrastructure equipment market include AT&T, Verizon Communications, Corning, Fujikura Co., Hewlett Packard Enterprise, Beldon.
The Internet of Things (IoT) that has been transforming businesses and peoples’ lives is continuing to ignite new innovations. IoT represents one of the key growth opportunities for 5G telecommunication service providers. A number of factors, including increased demand from consumers and enterprises, and the availability of more affordable devices, are driving the adoption the Internet of Things (IoT) which in turn is expected to drive 5G infrastructures. 5G will be driven largely by IoT applications including remote healthcare, traffic safety and control, smart grid automation, industrial application and control, and remote manufacturing, training, surgery and education. Growth in IoT technology will drive significant operator investment in 5G technology, spectrum and infrastructure.
The 5G Infrastructure Equipment Global Market Report 2023 provides a 5G infrastructure equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The 5G infrastructure equipment market forecast analyzes 5G infrastructure equipment market size, 5G infrastructure equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
5G infrastructure equipment refers to a network of macro and small cell base stations with the advanced computing capabilities required for the functionality of the 5th generation mobile network technology standard.
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