Global 5G Infrastructure Market

5G Infrastructure Market Size, Share, Growth Analysis, By Component (Hardware, Services), By Type (Private, Public), By Network (Standalone, Non-standalone), By Region -Industry Forecast 2024-2031

Report ID: SQMIG45I2217 | Region: Global | Published Date: November, 2024
Pages: 191 | Tables: 145 | Figures: 77

5G Infrastructure Market Insights

Global 5G infrastructure market size was valued at USD 12.87 Billion in 2022 and is poised to grow from USD 16.69 Billion in 2023 to USD 86.87 Billion by 2031, growing at a CAGR of 22.9% in the forecast period (2024-2031).

Rapidly surging demand for high-speed internet and growing emphasis on improving data transfer speeds are projected to promote the demand for 5G infrastructure in the future. Increasing investments in the development and deployment of expensive 5G networks around the world are also expected to create new business scope for 5G infrastructure companies going forward. High use of smartphones and connected devices in the wake of rapid digital transformation on a global level is also estimated to bolster 5G infrastructure demand outlook over the coming years. Launch new supportive government initiatives and rising demand for private 5G networks are also slated to drive 5G infrastructure market outlook across the study period and beyond. On the contrary, complexity in 5G infrastructure deployment, spectrum allocation challenges, and lack of readiness in remote and rural areas are expected to be key constraints for 5G infrastructure companies through 2031. z

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global 5G infrastructure market size was valued at USD 12.87 Billion in 2022 and is poised to grow from USD 16.69 Billion in 2023 to USD 86.87 Billion by 2031, growing at a CAGR of 22.9% in the forecast period (2024-2031).

5G infrastructure companies are projected to focus on launching new hardware and services to make 5G more accessible and affordable for all users. Development of private and industry-specific 5G networks is also estimated to offer highly lucrative business scope for 5G infrastructure providers over the coming years. Targeting developing countries will pay off big time in the long run whereas investing in developed countries could also offer similar returns in a shorter period. 'Huawei Technologies Co., Ltd.', 'Samsung Electronics Co., Ltd.', 'Nokia Corporation', 'Telefonaktiebolaget LM Ericsson', 'ZTE Corporation', 'NEC Corporation', 'Cisco Systems, Inc.', 'Fujitsu Limited', 'CommScope Inc.', 'Comba Telecom Systems Holdings Ltd.', 'Altiostar', 'Airspan Networks', 'Casa Systems', 'Hewlett Packard Enterprise Development LP', 'Mavenir', 'Parallel Wireless', 'JMA Wireless', 'Ceragon', 'Aviat Networks, Inc.'

High Investments in 5G Network Development

Use of Edge Computing: 5G infrastructure companies can focus on utilizing edge computing technology to bring processing closer to end user and reducing latency to provide better data transfer and processing speeds. Use of 5G in conjunction with edge computing can open new opportunities for autonomous driving, gaming, and smart city applications in the future.

High investments of telecommunication companies to expand their 5G networks in the Asia Pacific region are helping it emerge as the largest regional market. Surging demand for 5G network technology in multiple countries such as Japan, China, Hong Kong, and India is further bolstering the dominance of this region. Rapid digitization, growing data traffic, rising use of smartphones, and presence of multiple telecommunication companies are other factors keeping the Asia Pacific market highly opportune. Growing use of connected devices and edge computing technologies are also estimated to create new business scope for 5G infrastructure companies over the coming years.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Feedback From Our Clients

Global 5G Infrastructure Market

Report ID: SQMIG45I2217

$5,300
BUY NOW GET FREE SAMPLE