Global 5G Infrastructure Market Size - By Core Network Technology, Chipset Type, Communication Infrastructure Type, End User, and Region - Growth, Trends, and Forecast (2022 - 2030)

The 5G infrastructure market is expected to register a CAGR of 42.68%, during the forecast period of 2018- 2023. The report profiles the types of chipset application-specific integrated circuits and radio frequency integrated circuits of the 5G infrastructure market, for various end-user industries.

5G is a key enabler of the revolutionary digital world. 5G is the fifth-generation wireless technology, which is currently at the developmental stage. It is expected to be commercialized over the next one to three years. The operational speed of 5G is expected to be several times faster than the current wireless technologies (1G, 2G, 3G, and 4G). 5G is expected to witness significant adoption, in the 2G and 3G wireless markets. With 3G having turned into the right remote broadband technology and 4G quickly extending its points of view over the various applications and regional markets, the attention has shifted toward the improvement of the 5G technology - the next face of advancement in the remarkably unique broadband industry. The countries which are the first to adopt 5G would likely to witness significant and more sustained macroeconomic benefits, given the network effects associated with adding billions of devices to the 5G network. According to a Deloitte report, China outspent the United States by USD 24 billion, for the development of 5G Infrastructure.

There have been a series of collaborations, mergers, and acquisitions by various enterprises, to take advantage of this opportunity. For instance, in November 2016, Qualcomm and Samsung cooperated to deal with the technology. Likewise, Ericsson and Zain Group worked together in December 2016, to conduct R&D on this technology.

High Demand for 5G Infrastructure Market
People have changed their living standards and synchronized it with the new technological advancements. This has led to a greater reliance on high-speed data for several daily essentials, such as extrinsic and intrinsic communication, navigation, entertainment, and seeking information. The increased focus on the mobile apps and other web-based software and solutions is gradually making data connectivity an essential component of human requirements, following which, 5G services are expected to be welcomed with open arms, across the world. To attain technological superiority in the modern scenario, a dedicated network of semiconductors and sensors aid the introduction of 5G services. The market for 5G services is expected to revolutionize the domain of different broadband services, and is expected to empower connectivity, across the world. According to GSMA, about 45% full urban coverage level of 5G network is in early deployment.

Europe Expected to Lead the 5G Infrastructure Market
Europe is expected to account for the largest share in the 5G infrastructure market, due to the presence of large software providers and market players in the region. The joint venture of the European Commission and European ICT industry to provide 5G infrastructure public private partnership (5G PPP), which will deliver solutions, architectures, technologies, and standards for the ubiquitous next-generation communication infrastructure, over the coming decade. 5G offers a broad scope of goals for network standards, including 1000x increased capacity, 90% reduced energy, drastically reduced service creation time cycle, with secure and ubiquitous coverage with low latency, dense wireless communication links, and an increase in user security.

Key Developments in the 5G Infrastructure Market
Jun 2018: BT Group and Huawei Technology collaborated to roll out the business case for investing in automation technologies and 5G network slicing across the United Kingdom, which will allow many virtualized network services to be offered, over the same infrastructure used to support services delivered over tomorrow’s 5G networks.
Feb 2018: Ericsson and SK Telecom jointly built and demonstrated the world's first intercontinental 5G trial network and hosted it at DT's corporate R&D center in Bonn, Germany and SK Telecom's 5G Testbed at Yeoungjong-do, South Korea. Ericsson and SK Telecom lead their global partnership to develop the groundbreaking 5G technology for such a network.

5G Infrastructure Market Major Players:
MediaTek Inc.
Cisco Systems Inc.
Cavium
Qorvo Inc.
Huawei Technologies Co. Ltd
LG Electronics Inc.
Macom Technology Solutions
Analog Devices Inc.
VMware Inc.
Fujitsu Ltd
Networks, Inc.
Verizon Communications
AT&T Inc.
SK Telecom Co. Ltd
Nokia Corporation
ZTE Corporation
Hewlett Packard Enterprise

Reasons to Purchase 5G Infrastructure Market Report
Provides the latest insights into the global 5G infrastructure market
Analyzing various perspectives of the market, with the help of Porter’s five forces analysis
To understand the dominating technology in the market studied
The region that is expected to witness the fastest growth, during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support along with the Market Estimate sheet (in Excel).

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