5G Infrastructure Market is valued approximately USD 9.77 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 29 % over the forecast period 2019-2026. 5G Infrastructure comprises of macro- and small-cell base stations with edge computing capabilities. In a 5G network, the network functions on a software as opposed to the traditional network that functions on a hardware. It works under a wireless high-frequency technology band for smooth communication and networking. This network functions, as opposed to other traditional networking technologies, under small transmitters that consume less power. The surging demand from various applications such as healthcare, industrial, and automotive, along with continuously evolving Internet of Things market drivers the market for 5G infrastructure.
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As these devices specially machines and robots require high speed data to operate which propels the market for 5G. Moreover, rising government investments for the establishment of the infrastructure that supports 5G aids the market growth. The European Commission has established a Public Private Partnership on 5G in the year 2013 which would be in operation by the end of 2025 . The European commission has announced a public finding amounting to around EUR 700 million via Horizon 2020 programme to completely support this activity. The European union member countries are set to enhance this investment by 5 times which would reach to around EUR 3 billion by the end of 2025. Owing to these investment announcements by the governments companies have started integrating 5G support in their products such as Smart phones. Thus driving the market towards growth. However, after the COVID-19 Pandemic the 5G infrastructure market is projected to witness a decline in the market. As the shutdown of the production facilities will negatively impact the production and sales of the 5G smart phones and other devices. As smartphone production has halted temporarily; the smartphone shipment witnessed a decline with a 35% decline in January and another 55% in February 2020. The growing subscriber base was a major source of revenue for the 5G infrastructure but amidst the crisis the sales and hence the subscription of the 5G will decline. Moreover, closure of the retail shops and government norms for self isolation has also brought financial instability among the population which further acts as a factor generating lack of interest in the adoption of 5G technology due to its higher costs. Furthermore, the Lockdowns have brought delays in the launch of 5G specifications generating a slowdown in the 5G ecosystem. As 3GPP,the global association developing the worlds 5G technology, announced a three-month delay in the timeline for the completion of 5G specifications in March 2020. ,.
The regional analysis of global 5G Infrastructure market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high adoption of the technology coupled with a strong network infrastructure which can support 5G. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising disposable income, rising investments in the 5G network would create lucrative growth prospects for the 5G Infrastructure market across Asia-Pacific region.
Major market player included in this report are:
Telefonaktiebolaget LM Ericsson (Sweden)
Huawei Technologies Co., Ltd. (China)
Nokia Networks (Finland)
Samsung Electronics Co., Ltd. (South Korea)
ZTE Corporation (China)
Hewlett Packard Enterprise Company (HPE)
Qualcomm Technologies Inc
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Communication Infrastructure:
By Core Network Technology Type:
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Rest of the World
Market research objective you provided focuses on conducting a comprehensive analysis of a specific market. Here is a breakdown of the research objectives you mentioned:
To analyze and forecast the market size of the market:
- This objective involves assessing the current market size and using historical data and market trends to forecast its future size.
- This analysis helps in understanding the markets growth potential and opportunities.
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- This objective aims to categorize the market based on different factors such as product types, materials used, applications, and geographical regions.
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To identify drivers and challenges for the global market:
- This objective focuses on identifying the factors that drive market growth and those that pose challenges or constraints.
- Understanding the drivers helps in recognizing opportunities, while understanding the challenges allows for mitigation strategies and informed decision-making.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations, and partnerships in the market:
- This objective involves analyzing the competitive landscape of the market. It includes studying activities such as mergers and acquisitions, agreements, collaborations, and partnerships among market players.
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To conduct pricing analysis for the market:
- This objective aims to analyze pricing strategies within the market. It involves assessing pricing trends, price variations based on different factors, and understanding price sensitivity among customers.
- This analysis helps in formulating effective pricing strategies for market players.
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- This objective involves profiling and analyzing the key players in the market. It includes studying their business strategies, financial performance, product portfolios, market share, and competitive advantages.
- This analysis helps in understanding the competitive landscape and benchmarking against industry leaders.
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