The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The 5G infrastructure equipment market has experienced exponential growth, reaching $18.44 billion in 2023 and projected to surge to $31.71 billion in 2024 at a remarkable compound annual growth rate (CAGR) of 72.0%. Looking ahead, the forecast indicates even more significant expansion, with the market expected to reach $152.15 billion in 2028 at a CAGR of 48.0%. This growth is fueled by various factors, including the surge in mobile data, internet evolution, proliferation of smart devices, and the overall growth of the telecom industry.

Unveiling the Forecast Trends

• Enhanced Data Speed and Capacity: The forecasted period emphasizes the importance of enhanced data speed and capacity, driving the demand for 5G infrastructure.
• IoT Integration: The integration of the Internet of Things (IoT) plays a crucial role in the market’s growth, bringing about innovative connectivity solutions.
• Network Upgrades and Expansion: Continuous upgrades and expansions of networks contribute significantly to the anticipated market growth.
• Security and Privacy Focus: With an increasing emphasis on security and privacy, the 5G infrastructure market is set to integrate advanced protective measures.
• Edge Computing Integration: The integration of edge computing further enhances the capabilities of 5G infrastructure, catering to evolving technological demands.

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5G Revolutionizes Smart Cities
The adoption of 5G for smart city networks stands out as a pivotal factor propelling the global 5G infrastructure market forward. The advanced features of 5G networks, such as high speed, zero latency, wider bandwidth, and extended battery life, are transforming urban landscapes. These features empower smart cities, leading to an urban revolution by enabling automatic traffic redirection, alerting self-driving vehicles, and ensuring instant responses to emergency situations. The impact extends to various aspects of daily life, from automated grocery purchases to complex infrastructure management.

Key Players Shaping the Market
Major companies influencing the 5G infrastructure equipment market include AT&T Inc., Verizon Communications Inc., Huawei Technologies Co. Ltd., Nokia Corporation, Intel Corporation, and many more. These industry leaders contribute to the market’s growth by developing and implementing cutting-edge technologies and solutions.

High-Performance and Energy-Efficient Solutions
Major players are actively engaged in developing advanced technologies and software to maintain their positions in the market. An example is Radisys Corporation, which launched the Connect RAN 5G IoT software stack, providing a comprehensive solution for a wide range of IoT use cases. This software stack facilitates quick time-to-market for new use cases with less initial capital expenditure.

Semtech’s Strategic Move
In January 2023, Semtech Corporation, a semiconductor manufacturing company, acquired Sierra Wireless Inc. for $1.2 billion. This acquisition is poised to create a comprehensive IoT platform, fostering the transition to a smarter and more sustainable planet. The move is expected to double Semtech’s annual revenue and significantly broaden its portfolio of connectivity solutions, catering to the growing IoT market.

Market Segmentation

The 5G infrastructure equipment market is segmented based on:

1. Communication Infrastructure:
   • Small Cell
   • Macro Cell
   • Radio Access Network (RAN)
   • Distributed Antenna System (DAS)
2. Network Technology:
   • Software Defined Networking (SDN) and Network Function Virtualization (NFV)
   • Mobile Edge Computing (MEC)
   • Fog Computing (FC)
3. Application:
   • Energy & Utilities
   • Automotive
   • Healthcare
   • Retail
   • Other Applications

Dominance of Asia-Pacific
In 2023, Asia-Pacific emerged as the largest region in the 5G infrastructure equipment market. The region’s prominence underscores the global nature of the 5G revolution and its impact on diverse markets and industries.

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The 5G Infrastructure Equipment Global Market Report 2024  provides an overview of the 5G infrastructure equipment market 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 and their market positions.

The Table Of Content For The 5G Infrastructure Equipment Market Include:
1. 5G Infrastructure Equipment Market Executive Summary
2. 5G Infrastructure Equipment Market Segments
3. 5G Infrastructure Equipment Market Size And 5G Infrastructure Equipment Market Growth Rate
4. Key 5G Infrastructure Equipment Market Trends
5. Major 5G Infrastructure Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The 5G Infrastructure Equipment Market
26. Top 5G Infrastructure Equipment Companies
27. 5G Infrastructure Equipment Market Opportunities And Strategies
28. 5G Infrastructure Equipment Market, Conclusions And Recommendations
29. Appendix

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