Dublin, November 13, 2024 (GLOBE NEWSWIRE) — The “5G Infrastructure – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com offer.
The global 5G infrastructure market was estimated to reach US$20.6 billion in 2023 and is expected to reach US$260.4 billion by 2030, growing at a rate of 43.7% from 2023 to 2030. This report Comprehensive provides in-depth analysis of market trends, drivers and forecasts, helping you make informed business decisions.
What are the key drivers of 5G infrastructure market growth?
The growth of the 5G infrastructure market is driven by several factors, many of which relate to the increasing demands of modern technologies and consumer behavior. One of the biggest factors is the exponential increase in data consumption, with both consumers and businesses relying on data-intensive applications, such as video streaming, cloud gaming and reality experiences. virtual. The proliferation of IoT devices, which require constant and reliable connectivity, is also pushing telecom providers to expand their networks to handle the sheer volume of connected devices.
In sectors such as manufacturing, healthcare and transportation, there is an increasing reliance on real-time data transmission for automation, remote monitoring and autonomous systems, all of which require the capabilities to low latency and high capacity of 5G networks. Another major driver is the global transition to smart cities, which rely on 5G infrastructure to power innovations such as intelligent traffic systems, energy management solutions and improved public safety measures.
Additionally, the rise of private 5G networks tailored to the specific needs of businesses in sectors such as mining, logistics and agriculture creates new opportunities for infrastructure deployment, as these networks require customized solutions to support critical operations. Governments around the world are also playing a crucial role in driving market growth, including through policies that facilitate spectrum allocation and provide financial incentives for 5G deployment.
Countries like China, South Korea and the United States are leading in this area, with tight timelines for 5G deployment and significant investments in research and development. These combined forces ensure that the 5G infrastructure market will continue to grow at a rapid pace, transforming industries and reshaping the way we live and work.
What are the challenges facing the widespread deployment of 5G infrastructure?
While the potential of 5G is enormous, its deployment is not without significant challenges. One of the main challenges is the need for a much denser network of small cells than previous generations. Because 5G operates on higher frequency bands, such as millimeter waves, its signals have a shorter range and are more easily blocked by physical obstacles like buildings and trees. To compensate for this, telecommunications providers must install large numbers of small cells, particularly in urban areas where demand is highest, creating logistical challenges related to acquiring permits, securing appropriate locations and managing installation costs.
Additionally, the move to 5G infrastructure requires substantial financial investments from telecom operators, as upgrading existing 4G networks to 5G involves replacing or upgrading a significant portion of current hardware , including antennas, base stations and backhaul connections. This transition is particularly difficult in countries with large rural areas where the cost of deploying infrastructure can be prohibitive.
Another challenge is ensuring 5G is compatible with existing systems, as operators must carefully integrate new infrastructure with older technologies without disrupting ongoing services. Finally, security concerns are important, as 5G networks are expected to handle large amounts of sensitive data, making them a prime target for cyberattacks. The highly interconnected nature of 5G also increases the complexity of protecting these networks from potential vulnerabilities.
Key information:
- Market Growth: Understand the significant growth trajectory of the hardware components segment, which is expected to reach US$ 155.3 billion by 2030 at a CAGR of 45.0%. The service components segment is also expected to grow by 42.0% over the analysis period.
- Regional Analysis: Get an overview of the US market, estimated to be worth $6.2 billion in 2023, and China, which is expected to grow at an impressive CAGR of 40.6% to reach $34.0 billion by 2030 Learn about growth trends in other key regions, including Japan, Canada and Germany. , and the Asia-Pacific region.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in millions of US dollars from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Coverage of major players in the global 5G infrastructure market such as Airspan Networks, Alpha Networks, American Tower, AT&T, China Mobile and more.
- Free Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key attributes:
| Report attribute | Details |
| Number of pages | 92 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | $20.6 billion |
| Projected market value (USD) by 2030 | $260.4 billion |
| Compound annual growth rate | 43.7% |
| Regions covered | Global |
Key topics covered:
MARKET OVERVIEW
- Influencer Market Overview
- Global market trajectories
- Global Economic Update
- 5G Infrastructure – Percentage Market Share of Leading Global Competitors in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Global Players in 2024 (E)
MARKET TRENDS AND FACTORS
- 5G network deployment dynamics propel growth across all industrial sectors
- Growing demand for seamless connectivity drives investment in 5G infrastructure
- IoT Proliferation Expands Addressable Market Opportunities for 5G Solutions
- Edge Computing Integration Strengthens the Business Case for 5G Adoption
- Increased spectrum availability accelerates innovation in 5G networks
- Smart city initiatives drive demand for advanced 5G infrastructure
- Enterprise digitalization efforts propel growth of private 5G networks
- Increased data traffic drives adoption of 5G-enabled technologies
- Advances in AI/ML technologies shed light on 5G-optimized networks
- Growing use of AR/VR applications drives demand for high-speed 5G connectivity
- Autonomous vehicles and transportation systems drive growth in 5G deployment
- Increased focus on network slicing expands opportunities for customized 5G solutions
- Industrial automation drives demand for reliable, scalable 5G networks
FOCUS ON A SELECTION OF PLAYERS:Some of the 36 companies profiled in this global 5G infrastructure market report include
- Airspan Networks
- Alpha Networks
- American tour
- AT&T
- China Mobile
- Cisco
- Comba telecommunications systems
- Commscope
- Ericsson
- Extreme networks
- Fujitsu
- Hewlett Packard Company
- Huawei
- Korea Telecom
- Mavenir
- NEC
- Nokia Networks
- Samsung
- Siklu Communication
- SK Telecom
- T-Mobile
- VerizonCommunications
- VMware
- ZTE
For more information on this report, visit https://www.researchandmarkets.com/r/yrxsg
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