(Wireless-NewsWire.Com, September 19, 2018 ) According to Verified Market Intelligence, the Global 5G Infrastructure Market was valued at USD 0.89 billion in 2016 and is projected to reach USD 18.86 billion by 2025, growing at a CAGR of 47.3% from 2018 to 2025.
5G infrastructure is a new advanced technology for a mobile broadband network that supports the future internet (FI). It is the evolution of 4G networks and also a revolution towards the “nervous system” of the digital society and digital economy in the ICT sector. It provides the ultra-high broadband infrastructure that has many applications in different sectors such as automotive, manufacturing and healthcare. 5G infrastructure offers various benefits such as greater throughput, improved security, new enabling technologies, new spectrum, enhanced industrial growth, and improved business communications.
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Increasing demand from different business areas, the emergence of IoT technology for 5G infrastructure and growing demand for mobile data services have been driving the global 5G infrastructure market. Moreover, adoption of machine-to-machine communication in industries, Growing software implementation in the communication network and rising demand for high-speed and large network coverage have also contributed to the overall growth. While complex technological designs, inter-cell interference, and presence of Spectrum allocation delay might hinder the overall growth at a global level.
The “Global 5G Infrastructure Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as AT&T, Intel, Ericsson, Samsung, Cavium, Qualcomm, Cisco Systems, LG Electronics, Macom Technology Solutions, MediaTek and NEC. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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