The global 5G system integration market size was valued at 11.57 Billion in 2022 and is projected to reach 90.65 Billion by 2031, expanding at a CAGR of 25.7% during the forecast period, 2023-2031. The growth of the market is attributed to growing demand for high-speed connectivity enabled enterprises and installation of advanced network structure to bring improved facilities to their customers as well as to reduce the total process cost.
5G system offers advanced wireless network that expands the efficiency of fourth generation (4G) in terms of speed, smoothness, and reliability of the service. 5G system integration is a method of integrating both physical and virtual components of enterprise with new upgraded applications or systems to work over the 5G network. This system provides the benefit of unlimited browsing capacity and short lag time along with offering the next generation gaming experience, fast streaming, digital high-definition content, and superior video quality.
The COVID-19 pandemic outbreak has hampered the market growth. The pandemic led to disruption of global supply chain, delayed 5G network deployment for telecom operators, and many countries have postponed the spectrum auctions to deliver 5G services. Interruption in 5G network deployments is impacting the demand for 5G system integration services. The market is expected to recover soon as major economies allowed organizations to resume their work with limited workforce capacity and ease in lockdown due to easy restriction related to the virus worldwide.
5G System Integration Market Trends, Drivers, Restraints, and Opportunities
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Rising popularity of collaborative robots and industrial sensors, which require seamless network connectivity is key factor driving the market growth.
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Integrating on-premise applications with 5G technology for centralized working is projected to drive the market expansion during the forecast period.
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Lack of skilled and highly trained professional to manage and implant 5G system integration can hamper the market growth in projected timeline.
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Increasing demand of integration of cloud-based application with 5G systems presents a major security concern that acts as a major challenge of the market growth.
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Growing requirement for high bandwidth connectivity to establish seamless communication between machines service is projected to create significant growth opportunities for the market.
Scope of 5G System Integration Market Report
The report on the global 5G system integration market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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5G System Integration Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Verticals (Retail, BFSI, IT & Telecom, Energy & Utilities, Healthcare, Transportation & Logistics, Media & Entertainment, Manufacturing, and Others), Applications (Collaborate Robot/Cloud Robot, Logistics & Inventory Monitoring, Drone, Vehicle-to-everything, Remote Patient & Diagnosis Management, Peer to peer Transfers/m-Commerce, Smart City, Industrial Sensors, Wireless Industry Camera, Home & Office Broadband, Gaming & Mobile Media, Intelligent Power Distribution Systems, and Others), and Services (Infrastructure Integration, Consulting, and Application Integration)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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ECI TELECOM; Huawei Technologies Co., Ltd.; Infosys Ltd.; Wipro Ltd.; IBM Corp.; Oracle Corp.; ALTRAN; CA Technologies; Ericsson; Hansen Technologies; Accenture plc.; Cisco Systems, Inc.; Tata Consultancy Services Ltd.; Radisys Corp.;Hewlett Packard Enterprise; HCL Technologies Ltd.; AMDOCS; Samsung Electronics Co., Ltd.; and Keysight Technologies
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5G System Integration Market Segment Insights
IT & Telecom segment is expected to grow at a rapid pace
Based on verticals, the market is divided into retail, BFSI, IT & telecom, energy & utilities, healthcare, transportation & logistics, media & entertainment, manufacturing, and others. The IT & telecom segment is expected to grow at a rapid pace during the forecast period owing to the rapid adoption of 5G network system integration by IT & telecom companies to support the new radio (NR) waves. However, the manufacturing segment is anticipated to expand at a substantial CAGR during the forecast period in the coming years due to automation in production line to improve overall production efficiency.
Intelligent power distribution systems segment to expand at a considerable CAGR
In terms of applications, the global 5G system integration market is segmented into collaborate robot/cloud robot, logistics & inventory monitoring, drone, vehicle-to-everything (V2X), remote patient & diagnosis management, peer to peer transfers/m-commerce, smart city, industrial sensors, wireless industry camera, home & office broadband, gaming & mobile media, intelligent power distribution systems, and others. The home & office broadband segment is expected to account for a major market share in the projected timeline owing to the rising demand for 5G system integration services to provide initially enhanced Mobile Broadband (eMBB) connectivity to enterprises and consumers. On the other hand, the intelligent power distribution systems segment is projected to expand a considerable CAGR during the forecast period attributed to a perfect communication set-up between storage operations, smart grids to automate, and monitor power distribution.
Infrastructure integration segment to account for significant market share
On the basis of services, the market is segregated into infrastructure integration, consulting, and application integration. The infrastructure integration segment is estimated to account for a significant market share during the forecast period owing to rising demand for the integration of next-generation network infrastructure with traditional network infrastructure. However, the consulting segment is expected to grow at significant growth rate in the coming years due to quickly boosting demand for 5G technologies among business enterprises. The network equipment primarily approach system integrators to form enhanced network infrastructure for their organizations to boost total functional output in less time.
North America is anticipated to constitute a key market share
In terms of region, the global 5G system integration market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to increasing investments in installing 5G infrastructure by key market players and presence of large number of IT & telecom companies. However, the Asia Pacific market is anticipated to increase at a rapid pace during the forecast period due to adaptation of 5G system integration by small & medium enterprises and large enterprises.
Segments
The global 5G system integration market has been segmented on the basis of
Verticals
- Retail
- BFSI
- IT & Telecom
- Energy & Utilities
- Healthcare
- Transportation & Logistics
- Media & Entertainment
- Manufacturing
- Others
Applications
- Collaborate Robot/Cloud Robot
- Logistics & Inventory Monitoring
- Drone
- Vehicle-to-everything (V2X)
- Remote Patient & Diagnosis Management
- Peer to peer Transfers/m-Commerce
- Smart City
- Industrial Sensors
- Wireless Industry Camera
- Home and Office Broadband
- Gaming and Mobile Media
- Intelligent Power Distribution Systems
- Others
Services
- Infrastructure Integration
- Consulting
- Application Integration
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key players
- ECI TELECOM
- Huawei Technologies Co., Ltd.
- Infosys Limited
- Wipro Ltd.
- IBM Corp.
- Oracle Corp.
- ALTRAN
- CA Technologies
- Ericsson
- Hansen Technologies
- Accenture Inc.
- Cisco Systems, Inc.
- Tata Consultancy Services Ltd.
- Radisys Corp.
- HPE
- HCL Technologies Ltd.
- AMDOCS
- Samsung Electronics Co., Ltd.
- Keysight Technologies
Competitive Landscape
Key players competing in the global 5G system integration market are ECI TELECOM; Huawei Technologies Co., Ltd.; Infosys Limited; Wipro Ltd.; IBM Corp.; Oracle Corp.; ALTRAN; CA Technologies; Ericsson; Hansen Technologies; Accenture Inc.; Cisco Systems, Inc.; Tata Consultancy Services Ltd.; Radisys Corp.; HPE; HCL Technologies Ltd.; AMDOCS; Samsung Electronics Co., Ltd.; and Keysight Technologies. Companies are focusing on making suitable investment in emerging systems integration platforms, software, and other solutions to improve their overall product portfolios to expand their market share.
Huawei Technologies Co., Ltd. announced an investment of USD 350 million over the next three years. This investment was aimed to be concentrated on development of system integration services solutions, related to 5G system integration. In Feb 2019, Samsung Electronics Co., Ltd made a partnership agreement with Hewlett Packard Enterprise (HPE) to offer an edge-to-core virtual Radio Access Network (vRAN) solution based on Samsung Electronics Co., Ltd.’s radio network technologies and system integration services.
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