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Global 5G Infrastructure Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global 5G Infrastructure market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report titled “Global 5G Infrastructure Market Analysis, 2020”, the Global 5G Infrastructure market is anticipated to grow at a CAGR of around 65% during 2021-26F. The growth of the market is attributed to the rising adoption of 5G technology in automotive technology due to the growing popularity of autonomous cars, growing application of 5G network among verticals such as manufacturing, healthcare, aerospace & defense, industrial, automotive, and many other sectors, and increasing technological evolution in the M2M and IoT industry. Apart from these, the boost in the demand for high-speed internet services from the end-users, rising investment by the communication service providers toward 5G infrastructure, and an exponential surge in the sales of smartphones, desktop, laptops, and other connected devices are also projected to place a positive impact toward the growth of the market in the forecast period.
Market Segmentation
Industrial Segment Dominated the Market
The industrial segment dominated the Global 5G infrastructure market in 2020 owing to the major factors such as constant innovation in communication technologies such as IoT and M2M, extensive demand for established continual communication among industrial applications, and significant growth in demand for critical industrial applications such as collaborative/cloud robots. Moreover, the automotive segment is also to grow at an astronomical rate in the coming years. The introduction of 5G technology and an increase in the popularity of autonomous vehicles are anticipated to proliferate the growth of the 5G infrastructure market in the coming years as stated in the MarkNtel Advisors’ research report “Global 5G Infrastructure Market Analysis, 2020”.
COVID-19 Impact
The outbreak of COVID-19 has deferred the application of 5G infrastructure in various sectors due to disruption in the process of trials and testing required for verifying the stability and processing performance of 5G standalone networks. Moreover, the pandemic has also had a negative impact on the telecommunication sector due to the postponement of 5G spectrum auction and robust decline in the exports of telecom equipment for 5G New Radios (NR) from the countries such as China and the U.S.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Global 5G Infrastructure market include Hardware Providers (Intel Corporation, Qualcomm Technologies Inc., Mediatek Inc, Huawei Technologies Co. Ltd, Samsung Electronics Co. Ltd), Networking Providers (Telefonaktiebolaget, LM Ericsson, Cisco Systems Inc., Nokia, Huawei Technologies Co., Ltd., Samsung Electronics Co. Ltd), Network Providers (Verizon Communications Inc., AT&T Inc., NTT Docomo Inc., Orange, Vodafone Group Plc) etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global 5G Infrastructure Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global 5G Infrastructure Market during 2021-26?
A. The Global 5G Infrastructure Market is forecast to grow at a CAGR of 65% during 2021-26.
Q. Who are the key competitors or players operating in Global 5G Infrastructure Market?
A. Hardware Providers (Intel Corporation, Qualcomm Technologies Inc., Mediatek Inc, Huawei Technologies Co. Ltd, Samsung Electronics Co. Ltd), Networking Providers (Telefonaktiebolaget, LM Ericsson, Cisco Systems Inc., Nokia, Huawei Technologies Co., Ltd., Samsung Electronics Co. Ltd), Network Providers (Verizon Communications Inc., AT&T Inc., NTT Docomo Inc., Orange, Vodafone Group Plc) are few of the leading players in the Global 5G Infrastructure Market.
Q. Which application segment would emerge as an opportunity area for players in Global 5G Infrastructure Market?
A. Consumer Electronics is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global 5G Infrastructure Market?
A. Asia-Pacific continue to grow at a highest CAGR, presenting immense opportunities for market players of Global 5G Infrastructure Market.
