Global 5G and Mobile Network Infrastructure Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The global 5G and mobile network infrastructure market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). A 5G and mobile network infrastructure include core network, radio access network (RAN), and transport technology owing to high throughput, high mobility, high connection density, and low latency solutions. This network infrastructure allows various industries and organizations to emerge M2M connections for better operating procedures. The rising demand for M2M connection in various industries is expected to boost the demand for 5G and mobile network infrastructure across the globe.
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The increasing implementation of advanced
technologies including artificial intelligence (AI), virtual and augmented
reality, and the internet of things (IoT), among other technologies has led to
the demand for high speed and efficient communication network infrastructure.
This factor will positively impact the market growth and create lucrative
growth opportunities for the market. Additionally, the substantially rising
data traffic and growing demand for efficient coverage are some key factors
that are augmented to drive the global 5G and mobile network infrastructure
market during the forecast period. The growing adoption of virtual networking
infrastructure and advanced connectivity solutions in the IT and
telecommunication sector is projected to boost the market growth during the
forecast period.
Moreover, the key players operating in the global
5G and mobile network infrastructure market include AT&T Inc., ZTE Corp.,
Cisco Systems, Inc., and Nokia Corp., among others, adopted various strategies
that include product launches, mergers & acquisitions, among others to
remain competitive in the market. For instance, in September 2020, ZTE Corp.
announced the launch of ZTE Axon 20, as the first 5G-enabled phone. The company
is anticipated to commercialize its phone in various countries including China,
the Nordic countries, and the Middle East region.
Market Coverage
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The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
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Segment Covered-
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By Type
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By Application
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Competitive Landscape- AT&T Inc., ZTE Corp., Cisco
Systems, Inc., and Nokia Corp., among others.
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Global 5G and Mobile Network Infrastructure Market
Report Segmentation
By Type (Femtocell, Pico Cell, Micro Cell, and
Macro Cell), By Application (Security and Surveillance, Smart Home, Logistics
and Shipping, Autonomous Driving, Industrial IoT, Smart Cities, Healthcare and
Others), Forecast (2021-2027)
By Type
·
Femtocell
·
Picocell
·
Macrocell
·
Microcell
By Application
·
Security and Surveillance
·
Smart Home
·
Logistics and Shipping
·
Autonomous Driving
·
Industrial IoT
·
Smart Cities
·
Healthcare and Others
Global 5G and Mobile Network Infrastructure Market by Region
North America
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United States
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Canada
Europe
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UK
·
Germany
·
Spain
·
France
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Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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data sources mined for investigation.
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