5G Infrastructure Market Analysis & Forecast during 2019-2028 – by RationalStat

WILMINGTON, Del. - Aug. 29, 2023 - PRLog -- The report entitled "5G Infrastructure Market" analyzes the global, regional and local market based on communications infrastructure, core network technology networks, the network infrastructure, frequency of operation, end-use, and region. The report offers thorough analysis of the market's historical and projected size, along with a trend analysis. The report provides importance of the market's share, capacities for production of the leading players, a summary of competition strategic imperatives, estimates of annual revenue, development opportunities, summary of production and  assessment of competition for the players that are targeted in the market study for 5G infrastructure.

Market Overview and Dynamics

The market for 5G infrastructure is projected to increase by over 50% during the period 2022-2028. A booming demand for high-speed internet with low latency, and the increasing usage of applications that require data have driving the market's growth. Consumers and businesses are demanding faster networks for various purposes like entertainment online meetings, cloud-based solutions, and many more, which is further fueling the market's growth.

Competition Analysis: Nokia, Ericsson, and Huawei hold a prominent market share

The global 5G infrastructure market consists of a significant number of industry players and observes healthy competition between them. Leading players such as Qualcomm Inc., Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corp., Vodafone Group PLC, Intel Corp., Samsung Electronics Co., Ltd., IBM Corp., Siemens AG, Cisco Systems Inc., NEC Corp., and Fujitsu Ltd. hold a dominant position in the 5G infrastructure ecosystem globally. These industry players are making significant investments to gain a competitive edge over other players and as well as increase market share in the market space. Key developments observed in recent years include,

In January 2022, Telesat joined hands with ENCQOR 5G to conduct demonstrations, trials, and pilots to advance 5G connectivity. The partnership, however, is particularly for industries operating in rural areas in Canada.

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RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store (https://store.rationalstat.com/) annually.

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