5G Technology Infrastructure Market is estimated to be US$ 29.9 Billion by 2034 ; Rising demand for Software-driven Technologies to Foster Industrial Growth

Published Date: March 2024

5G Technology Infrastructure Market is a wireless technology used to deliver higher multi-Gbps peak data speeds with more reliability, ultra-low latency, increased availability, with massive network capacity and more uniform experience to users. 5G Technology Infrastructure is a combination of core network, RAN (Radio Access Network), backhaul and transport.5G Technology Infrastructure Market accounted for US$ 15.9 Billion in 2024 and is estimated to be US$ 29.9 Billion by 2034 and is anticipated to register a CAGR of 7.20%.

Technological advancement has given the positive impact on target market growth. Advancement in communication technology and adoption of IoT (Internet of Things) has further facilitated the growth of target market. High demand for agile and flexible networks with software network technologies such as SDN (software-defined networking) and NFV (network functions virtualization) which allows flexibility of network by partitioning network architectures into virtual elements which has driven market growth. Rising healthcare industries and remote diagnosis is expected to fruitful the demand for 5G Technology Infrastructure market growth over the forecast period.

The report 5G Technology Infrastructure Market, By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network, and Distributed Antenna System), By Network Technology (Software Defined Networking & Network Function Virtualization, Mobile Edge Computing, and Fog Computing), By Application (Automotive, Energy & Utilities, Healthcare, Retail, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

  • In November 2022, (Outlook Publishing India Pvt. Ltd)., India has set to witness world’s largest roll-out of 5G infrastructure with multi-billion dollar spent on country’s leading telcos over next years with IBM Consulting joining International Technology Groups participating at large scale development through strategic partnership with telcos such as Bharti Airtel and Reliance Group.
  • In February 2023, Astella Technologies launched 5G Infrastructure Software products at Mobile World Congress 2023 held Barcelona at 27 February to 2nd March 2023. New launched 5G Infrastructure includes, 5G integrated small cells and 5G standalone core network operating at sub-6 and mmWave frequency bands.

Analyst View:

The key factor driving the growth of the 5G Technology Infrastructure market is increasing demand for 5G Technology. Software driven network technologies with production of 5G-enabled consumer electronics devices in the market along with propagation of Machine-to-Machine/Internet of things (M2M/IoT) connections has driven target market growth. Strong data network and high speed with implementation of 5G network is anticipated to increase the demand for 5G Technology Infrastructure market growth. Moreover, need for next-generation technologies and related infrastructure is expected to fuel the demand for 5G Technology Infrastructure market growth in coming years.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on“ 5G Technology Infrastructure Market, By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network, and Distributed Antenna System), By Network Technology (Software Defined Networking & Network Function Virtualization, Mobile Edge Computing, and Fog Computing), By Application (Automotive, Energy & Utilities, Healthcare, Retail, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

5G Technology Infrastructure Market accounted for US$ 15.9 Billion in 2024 and is estimated to be US$ 29.9 Billion by 2034 and is anticipated to register a CAGR of 7.20%.The 5G Technology Infrastructure Market is segmented based on Communication Infrastructure, Network Technology, Application and Region.

  • Based on Communication Infrastructure, 5G Technology Infrastructure Market is segmented into Small Cell, Macro Cell, Radio Access Network, and Distributed Antenna System.
  • Based on Network Technology, 5G Technology Infrastructure Market is segmented into Software Defined Networking & Network Function Virtualization, Mobile Edge Computing, and Fog Computing.
  • Based on Application, 5G Technology Infrastructure Market is segmented into Automotive, Energy & Utilities, Healthcare, Retail, and Others.
  • By Region, the 5G Technology Infrastructure Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of 5G Technology Infrastructure Market:

The prominent players operating in the 5G Technology Infrastructure Market includes, AT&T Corp., Ericsson Inc., Huawei Technologies Co., Ltd., Hewlett Packard Enterprise (HPE), Intel Technology India Pvt. LTD., Mediatek Inc., Nokia Corporation, Inc., Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Verizon.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
  • Detailed analysis of the market revenue over the forecasted period.
  • Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
  • Study on the segments that are anticipated to dominate the market.
  • Study on the regional analysis that is expected to register the highest growth over the forecast period

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