5G Infrastructure Market

5G Infrastructure Market by Components (Hardware [Radio Access Network, Core Network, and Backhaul & Transport] and Services [Consulting, Implementation & Integration, Support & Maintenance, and Training & Education]), Spectrum (Sub-6 GHz [Low Band and Mid Band] and mmWave), Network Architectures (Non-standalone and Standalone), Vertical (Residential, Enterprise/Corporate, Smart City, Industrial, Energy & Utility, Transportation & Logistics, Public Safety & Defense, Healthcare Facilities, Retail, Agriculture, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2882
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 3
  • No. Of Pages: 221
  • Format:
  • Pub. Date: Upcoming
  • Share:

The global 5G infrastructure market size was valued over USD 1.90 billion in 2020 and is expected to expand at a CAGR of 48.9% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for strengthened bandwidth connectivity with fast speed for many critical applications.


5G Infrastructure Market

5G, as an advanced communication and next-generation technology, is designed to offer enhanced users experience in several domains including ultra-high seamless video calling, definition video, virtual reality, and augmented reality. In a bid to ensure sustainability in an intense competitive environment, various producers are constantly developed using technology modification to rise their overall operational efficiency, productivity, and reduce costs of various industries. The constant emphasis on enhancing energy management and monitoring, combined with the demand to have better control over the distribution network and energy generation present some key aspects of the overall market expansion. Among industries, the adoption of 5G technology is widely prevailed in the healthcare industry especially in developed economies, which has resulted to offer several advantages such as effective surgeries to the patients and safety remote diagnosis. Thus, to provide constant data connectivity in remote patient surgeries, the demand for next-generation technology and related infrastructure is constantly increasing.

The COVID-19 pandemic outbreak is expected to slow down in the execution or installation of the 5G infrastructure due to emergency lockdown and other factors. The pandemic has brought the disturbance in further testing and trials required for examining the processing performance and stability of 5G standalone networks. The pandemic has additional effect on telecom regulatory authorities due to delaying their strategies of the 5G spectrum conveyance, thus, causing unfavorably impacting the market growth. For instance, governments in a few key countries such as Spain, France, and Australia have, for the time being, delayed the spectrum conveyance on various frequencies including mmWave and Sub-6 GHz. In addition, there have been a sharp decline in the exports of telecom for 5G new radios in major economies such as the U.S. and China that brought some vital challenges to the global market expansion.

Market Trends, Drivers, Restraints, and Opportunities

  • Wide applications of 5G technology across various industries and growing investing on provisioning healthcare facilities are projected to boost the market expansion during the forecast period. 
  • Rising demand for next-generation technology and related infrastructure to provide instant and constant data connectivity between various end-users and consumers are expected to drive the market growth.
  • 5G technology is expected to enhance users experience in using various digital platforms and communicative devices. This is one of the major factors driving the market growth.
  • Increasing number of population using consumer electronic devices such as smart phones and laptops is estimated to accelerate the market growth.
  • High cost of the infrastructure installation and expensive maintenance charge are major challenges hampering the market growth.

Scope of the Report 

The report on the global 5G infrastructure market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

5G Infrastructure Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Components (Hardware [Radio Access Network, Core Network, and Backhaul & Transport] and Services [Consulting, Implementation & Integration, Support & Maintenance, and Training & Education]), Spectrum (Sub-6 GHz [Low Band and Mid Band] and mmWave), Network Architectures (Non-standalone and Standalone), and Vertical (Residential, Enterprise/Corporate, Smart City, Industrial, Energy & Utility, Transportation & Logistics, Public Safety & Defense, Healthcare Facilities, Retail, Agriculture, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Samsung Electronics Co., Ltd.; Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; Nokia Corporation; NEC Corporation; ZTE Corporation; Fujitsu Limited; Cisco Systems, Inc.; Comba Telecom Systems Holdings Ltd.; Casa Systems; HPE; Mavenir; Altiostar; Airspan Networks; Parallel Wireless; JMA Wireless; Ceragon; Aviat Networks, Inc.; and CommScope Inc.

Market Segment Insights

Hardware segment is expected to account for a key market share

Based on components, the global 5G infrastructure market is bifurcated into hardware and services. The hardware segment is further classified into radio access network, core network, and backhaul & transport while the services segment is further classified as consulting, implementation & integration, support & maintenance, and training & education. The hardware segment is expected to account for a key share of the market during the forecast period as increasing competition among network service providers to reduce the overall infrastructure costs and network complexities. However, the services segment is anticipated to expand at a rapid pace during the forecast period due to increasing demand and rapidly increasing number of market players.


5G Infrastructure Market

Sub-6 GHz segment is estimated to expand at a robust growth rate

In terms of spectrum, the market is bifurcated into sub-6 GHz and mmWave. The sub-6 GHz segment is further sub-segmented into low band and mid band. The sub-6 GHz is estimated to expand at a robust growth rate in the coming years due to outstanding expenditure made by major communication service providers in acquiring mid-band and low- band frequencies. Meanwhile, the mmWave segment is anticipated to exhibit a high growth rate during the targeted period due to their enhanced bandwidth capacity with very low latency.


5G Infrastructure Market

Non-standalone segment is projected to expand at a considerable CAGR

On the basis of network architectures, the global 5G infrastructure market is divided into non-standalone and standalone. The non-standalone segment is projected to expand at a considerable CAGR during the forecast period owing to early rollout of the non-standalone network all over the world. On the other hand, the non-standalone segment is expected to account for a key market share in the coming years due to the growing demand for faster data speed across the verticals.

Enterprise/corporate segment is attributed to register a high CAGR

Based on verticals, the market is classified into residential, enterprise/corporate, smart city, industrial, energy & utility, transportation & logistics, public safety & defense, healthcare facilities, retail, agriculture, and others. The enterprise/corporate segment is attributed to register a high CAGR during the forecast period due to surging demand for uninterrupted virtual meetings, for faster data bandwidth for use cases, creating a smart workplace, and seamless connectivity during cloud-computing. Moreover, the healthcare facilities segment is projected to account for a key share of the market in the coming years owing to rising prevalence of chronicle disease globally.


5G Infrastructure Market

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the global 5G infrastructure market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute a key share of the market during the projected period due to deployment of 5G New radio infrastructure by major communication service providers. For instance, T-Mobile had made a deal agreement with Ericsson that was worth over USD 2.5 billion to support T-Mobile’s 5G network infrastructure in September 2018.  The market of North America, however, is expected to constitute major share of the market in the coming years due to entry of new market players in the region.

Segments

Segments Covered in the Report

The global 5G infrastructure market has been segmented on the basis of

Components

  • Hardware
    • Radio Access Network
    • Core Network
    • Backhaul & Transport
  • Services
    • Consulting
    • Implementation & Integration
    • Support & Maintenance
    • Training & Education

Spectrum 

  • Sub-6 GHz
    • Low Band
    • Mid Band
  • mmWave

Network Architectures

  • Non-standalone
  • Standalone

Vertical

  • Residential
  • Enterprise/Corporate
  • Smart City
  • Industrial
  • Energy & Utility
  • Transportation & Logistics
  • Public Safety & Defense
  • Healthcare Facilities
  • Retail
  • Agriculture
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Samsung Electronics Co., Ltd.
  • Huawei Technologies Co., Ltd.
  • Telefonaktiebolaget LM Ericsson
  • Nokia Corporation
  • NEC Corporation
  • ZTE Corporation
  • Fujitsu Limited
  • Cisco Systems, Inc.
  • Comba Telecom Systems Holdings Ltd.
  • Casa Systems; HPE
  • Mavenir
  • Altiostar
  • Airspan Networks
  • Parallel Wireless
  • JMA Wireless
  • Ceragon
  • Aviat Networks, Inc.
  • CommScope Inc.

Competitive Landscape

Key players competing in the global 5G infrastructure market are Samsung Electronics Co., Ltd.; Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; Nokia Corporation; NEC Corporation; ZTE Corporation; Fujitsu Limited; Cisco Systems, Inc.; Comba Telecom Systems Holdings Ltd.; Casa Systems; HPE; Mavenir; Altiostar; Airspan Networks; Parallel Wireless; JMA Wireless; Ceragon; Aviat Networks, Inc.; and CommScope Inc. In China, Mobile Limited planned to implement over 205,000 5G sites by 2020 in China.

5G Infrastructure Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 5G Infrastructure Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. 5G Infrastructure Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. 5G Infrastructure Market - Supply Chain
  4.5. Global 5G Infrastructure Market Forecast
     4.5.1. 5G Infrastructure Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. 5G Infrastructure Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. 5G Infrastructure Market Absolute $ Opportunity
5. Global 5G Infrastructure Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. 5G Infrastructure Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global 5G Infrastructure Demand Share Forecast, 2019-2026
6. North America 5G Infrastructure Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America 5G Infrastructure Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America 5G Infrastructure Demand Share Forecast, 2019-2026
7. Latin America 5G Infrastructure Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America 5G Infrastructure Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America 5G Infrastructure Demand Share Forecast, 2019-2026
8. Europe 5G Infrastructure Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe 5G Infrastructure Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe 5G Infrastructure Demand Share Forecast, 2019-2026
9. Asia Pacific 5G Infrastructure Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific 5G Infrastructure Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific 5G Infrastructure Demand Share Forecast, 2019-2026
10. Middle East & Africa 5G Infrastructure Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa 5G Infrastructure Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa 5G Infrastructure Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global 5G Infrastructure Market: Market Share Analysis
  11.2. 5G Infrastructure Distributors and Customers
  11.3. 5G Infrastructure Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The global 5G infrastructure market has been segmented on the basis of

Components

  • Hardware
    • Radio Access Network
    • Core Network
    • Backhaul & Transport
  • Services
    • Consulting
    • Implementation & Integration
    • Support & Maintenance
    • Training & Education

Spectrum 

  • Sub-6 GHz
    • Low Band
    • Mid Band
  • mmWave

Network Architectures

  • Non-standalone
  • Standalone

Vertical

  • Residential
  • Enterprise/Corporate
  • Smart City
  • Industrial
  • Energy & Utility
  • Transportation & Logistics
  • Public Safety & Defense
  • Healthcare Facilities
  • Retail
  • Agriculture
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Samsung Electronics Co., Ltd.
  • Huawei Technologies Co., Ltd.
  • Telefonaktiebolaget LM Ericsson
  • Nokia Corporation
  • NEC Corporation
  • ZTE Corporation
  • Fujitsu Limited
  • Cisco Systems, Inc.
  • Comba Telecom Systems Holdings Ltd.
  • Casa Systems; HPE
  • Mavenir
  • Altiostar
  • Airspan Networks
  • Parallel Wireless
  • JMA Wireless
  • Ceragon
  • Aviat Networks, Inc.
  • CommScope Inc.

Key players competing in the global 5G infrastructure market are Samsung Electronics Co., Ltd.; Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; Nokia Corporation; NEC Corporation; ZTE Corporation; Fujitsu Limited; Cisco Systems, Inc.; Comba Telecom Systems Holdings Ltd.; Casa Systems; HPE; Mavenir; Altiostar; Airspan Networks; Parallel Wireless; JMA Wireless; Ceragon; Aviat Networks, Inc.; and CommScope Inc. In China, Mobile Limited planned to implement over 205,000 5G sites by 2020 in China.

5G Infrastructure Market

Buy Report