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The 5G infrastructure market size is forecast to reach $72.2 billion by 2027, growing at CAGR 62.6% from 2022 to 2027. The market growth is mainly driven by factors including growing demand for enhanced mobile broadband services along with virtual networking architecture in telecom industry, growing investment in development of 5G and machine-to-machine communication solutions. Apart from that, rising adoption of Internet of Things (IoT), Mobile edge Computing and Fog Computing as well as growing requirement for better digital ecosystem will accelerate the growth of the 5G industry. In addition, demand for high-speed connections, greater reliability and access to real time information also contribute towards the market growth. In addition, 5G supports Software Defined Networking (SDN), Virtual Networking Architecture (NFV) as well as Distributed Network Function Virtualization (D-NFV), which is specifically designed to reduce the requirement of dedicated hardware. NFV also offers location, implementational as well as cost benefits to the network providers, which plays a major role in the growth of 5G Infrastructure market including deployment of Radio Access Networks and the Core Network. Hence, these factors are set to boost the market growth for 5G Infrastructure Market during the forecast period 2022-2027.
Report Coverage
The report: “5G Infrastructure Market– Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the 5G Infrastructure Market Report.
By communication infrastructure: Small cell, macro cell, Radio Access Network (RAN) and others.
By network infrastructure: Standalone and non-standalone.
By Core Network Technology: Software-Defined Networking (SDN), Network Function Virtualization (NFV), Distributed Network Function Virtualization (D-NFV) and Others.
By Bandwidth Range: below 1GHz, 1GHz-6GHZand mmWave.
By End-user industry: Residential, Commercial, Industrial and others (government and public sectors, defence and others)
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(Japan, China, India, Australia, South Korea and Others), South America (Brazil, Argentina and others) and ROW (Middle East and Africa)