
5G Infrastructure Market
The 5G Infrastructure Market is expected to grow to $150.9 billion by 2030, propelled by a strong CAGR of 34.8% throughout the period from 2024 to 2030.n
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What Factors Will Drive the 5G Infrastructure Market to Reach $150.9 Billion by 2030?
5G Infrastructure Market- 2023-2030 According to a recent market research report titled, 5G Infrastructure Market by Component (Base Station, Radio Access Network [RAN], Transport Network, Core Network), Network Architecture (5G NR Standalone, 5G NR Non-Standalone), Spectrum Global Forecast to 2030, the 5G infrastructure market is set to reach $150.9 billion by 2030, growing at a robust CAGR of 34.8% from 2023 to 2030. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=5471? Evolution and Demand for 5G Infrastructure 5G infrastructure encompasses a network of small-cell and macrocell base stations, integrating Radio Access Network (RAN), core network, and backhaul & transport components. It represents a significant advancement from the existing 4G LTE networks to fifth-generation cellular technology. The escalating demand for 5G infrastructure worldwide is driven by its ability to deliver multi-Gbps peak data speeds, ultra-low latency, enhanced reliability, massive network capacity, and a consistently high-quality user experience. Market Drivers The surge in demand for Machine-to-Machine (M2M) connections within the industrial sector, combined with government investments in 5G networks, is fueling the growth of the 5G infrastructure market. Additionally, numerous smart city projects being executed globally are anticipated to provide substantial growth opportunities for the market. The rapid adoption of cloud computing among SMEs and the expansion of Internet of Things (IoT) technology are also significant trends influencing the 5G infrastructure market. Component-Based Insights In 2023, the hardware segment is expected to dominate the 5G infrastructure market. This dominance is attributed to the swift deployment of 5G RAN, which includes small cell base stations, and the growing use of virtual RAN among network service providers to streamline network complexities. Furthermore, the hardware segment is projected to experience the highest CAGR during the forecast period. Network Architecture Trends The 5G NR Non-standalone (NSA) segment is anticipated to capture the largest market share in 2023. This is due to the increasing demand for higher data transfer speeds necessary for reliable wireless communication. However, the 5G NR Standalone (SA) segment is expected to witness the highest CAGR throughout the forecast period. Page 1 of 3 Meticulous Research| sales@meticulousresearch.com
5G Infrastructure Market- 2023-2030 Spectrum Allocation The 2 GHz to 6 GHz spectrum segment is forecasted to hold the largest market share in 2023. This is driven by the growing investments from communication service providers aiming to offer a mid-band spectrum. This spectrum segment is also expected to grow at the highest CAGR over the forecast period. Geographical Insights In 2023, Asia-Pacific is projected to hold the largest share of the global 5G infrastructure market. This growth is fueled by supportive government initiatives, the presence of key players providing 5G infrastructure in the region, and the increasing adoption of advanced technologies such as IoT and M2M communication. Notably, infrastructural advancements in countries like China, South Korea, and Japan, along with rising investments in 5G network technology and smart city projects, offer significant growth prospects for the market in this region. Asia-Pacific is also expected to register the highest CAGR during the forecast period. Key Market Players Prominent players in the 5G infrastructure market include Telefonaktiebolaget LM Ericsson (Sweden), Cisco Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), AT&T Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), T-Mobile US, Inc. (U.S.), Ciena Corporation (U.S.), ZTE Corporation (China), Nokia Corporation (Finland), CommScope Inc. (U.S.), Vodafone Limited (U.K.), NEC Corporation (Japan), American Tower Corporation (U.S.), MediaTek Inc. (Taiwan), and Comba Telecom Systems Holdings Ltd. (China). Buy Now: https://www.meticulousresearch.com/Checkout/99156083? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to detail. With meticulous primary and secondary research Page 2 of 3 Meticulous Research| sales@meticulousresearch.com
5G Infrastructure Market- 2023-2030 techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com