5G Infrastructure Market Demand, Industry Trends, Business Opportunities, And Forecast 2028

PUNE, India - Jan. 17, 2023 - PRLog -- 5G is termed as the 5th generation technology standard for the broadband cellular networks. This network would be acting as the successors to the 4G networks, which currently provide network connectivity to most of the cell phones.

The 5G wireless technology is designed to deliver multi – Gbps data speed, ultra-low – latency, more reliable connection, massive network capacity, and a more customised user experience

5G INFRASTRUCTURE MARKET DYNAMICS

The 5G infrastructure market is basically driven due to the emerging technologies, like virtual reality, augmented reality, applications of artificial intelligence in almost all the sectors, which require high speed network connections. 5G networking offers functionalities like virtualization, network slicing, which would help the people by providing user-specific (customized) networks.

Also, the growing need for ultra-low latency significantly drives the demand for 5G infrastructure.

5G INFRASTRUCTURE MARKET SEGMENTAL OVERVIEW

The report analyses the based on the type of communication infrastructure, spectrum band, end verticals and geography. The communication infrastructure further divides the market into radio access network, transport technology, and the core technology. On the basis of spectrum band, the market is classified into low band, mid – band, and high band spectrums respectively. Whereas, based on end verticals, the market is bifurcated into smart city, media & entertainment, transportation & logistics, aerospace & defence and energy & utilities.

It is expected that the Asia Pacific region could dominate the market, owing to the presence of several 5G and communication service providers over that region.

5G INFRASTRUCTURE MARKET KEY PLAYERS

Some of the major players operating in this market include Huawei (China), Ericson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), CISCO (US), CommScope (US), Comba Telecom Systems (Hong Kong), Alpha Networks (Taiwan), Siklu Communication (Israel), Mavenir (US), SK Telecom (South Korea), Vmware Inc (US), T - Mobile (US), among many others.

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