5G Infrastructure Market Size5G Infrastructure Market is estimated to grow from USD 1.04 Billion in 2019 to USD 152.56 Billion by 2027, at a CAGR of 86.6% during 2020-2027.Market Overview Growing requirement for large network coverage, high-speed network, increase of M2M/IoT connections and rising demand for mobile broadband services across the globe has propelled the growth of this market.
Apart from this, rising government initiatives to build smart cities in the developing nations is expected to provide lucrative growth opportunities for 5G infrastructure market.5G Infrastructure Market by Core Network Technology (Network Function Virtualization (NFV), Software-Defined Networking (SDN)); by Communication Infrastructure (Macro Cell, Small Cell); by Operational Frequency (Above 6 GHz, Sub 6 GHz); by Network Architecture (5G Standalone (NR + Core), 5G NR Non-Standalone (LTE Combined)); by End User (Commercial, Residential, Government, Industrial) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027 Request for Sample Report: https://www.reportcrux.com/request-sample-report/5G-Infrastructure-Market Key Player AnalysisSome of the major players in 5G Infrastructure Market are: American Tower (US), Airspan Networks (US), Ciena Corporation (US), Affirmed Networks Inc. (US), VMware, Inc. (US), AT (US), Korea Telecom (US), Extreme Networks (US), CommScope Inc. (US), Cisco Systems (US), Juniper (US), T-Mobile US, Inc. (US), Huawei Technologies Co., Ltd. (US), Mavenir (US), Verizon Communications Inc. (US), Hewlett Packard Enterprise (US), Nokia Networks (Finland), Ericsson (Sweden), NEC Corporation (Japan), ZTE Corporation (China), China Mobile (China), Comba Telecom (Hong Kong), SK Telecom (South Korea) and Samsung Electronics Co., Ltd. (South Korea) among othersSegmentation AnalysisNetwork function virtualization (NFV) held more that 75% of the total share of the 5G infrastructure market.
These factors make NVF to suit in 5G network environment and acquire the maximum share.Above 6 GHz segment accounted for about 86% share in 2019 and is expected to grow with the fastest CAGR of 87.1% during the forecast period.
Various key communication service providers are making huge investments for acquiring low and mid band frequencies and are constantly into delivering high bandwidth services to various industries, businesses and different consumers.26 GHz and 28 GHz bands which come above 6 GHz band have a very strong momentum.
These are usually helpful in applications specially in Vehicle-to-Vehicle (V2V) connectivity and remote patient surgeries, where the ultra-reliable connectivity is highly required.The government bodies across various developed countries have already started releasing such high frequency bands to provide enhanced data service.
This has enabled international roaming, minimal cross border interference, low cost devices and faster 5G speeds.Thus, increasing focus by the key federal governments across various countries is expected to boost the market in coming future and aid in the faster growth rate for above 6 GHz segment.Industrial segment dominated the market by 30% share in 2019, and is expected to grow with the fastest CAGR in the upcoming years.