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Global 5G Infrastructure Market Size to register a CAGR of 50% through 2028

Global 5G Infrastructure Market Size to register a CAGR of 50% through 2028

Seasoned analysts are of the opinion that global 5G Infrastructure Market is poised to record a notable CAGR of 50% through 2028 and attain a sustainable valuation by the end of the forecast period.

The escalating demand for services and data-intensive applications, the increasing data traffic caused by interconnected gadgets at homes & businesses, and the growing need for high-speed & low-latency data, are some of the factors that have bolstered the demand in global 5G infrastructure market.

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It is worth mentioning that the expanding use of both the consumer electronics market and business-to-business communication systems, which are currently being used for data-intensive applications, is what is essentially driving the demand for higher data speed.

Moreover, market expansion has been aided by the sharp increase in greater bandwidth demand from consumers and enterprises for a variety of applications, including entertainment, virtual meetings, IoT, cloud-based services, and others.

Speaking of communication infrastructure, the industry is segregated into distributed antenna systems (DAS), macro cells, radio access networks (RAN), and small cells (pico cell, femtocell, microcell) are the key segments contributing substantially to the profitability of the market space. The RAN vertical is most likely to gain traction between 2022 and 2028.

Considering the core network technology, the marketplace is divided into software-defined networking (SDN) and network function virtualization (NFV).

In terms of network infrastructure, worldwide 5G infrastructure industry is fragmented into 5G non-standalone and 5G standalone. By operational frequency, the market is segregated into more than 6GHz and less than 6GHz.

Based on the end-user spectrum, the market is classified into healthcare, energy & utilities, automotive, consumer electronics, IT & telecom, and others.

The market is segmented geographically into Eastern Europe, Asia Pacific, Latin America, Western Europe, North America, and Middle East & Africa.

Fujitsu Limited, NEC Corporation, Cisco Systems Inc., Siemens AG, The International Business Machines Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Vodafone Group plc, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., and Qualcomm Inc. are the key players influencing global 5G infrastructure market trends.

Questions and Answers: - Global 5G Infrastructure Market

Question 1. What are the major factors driving global 5G infrastructure market growth?

Answer 1. The escalating demand for services and data-intensive applications, the increasing data traffic caused by interconnected gadgets at homes & businesses, and the growing need for high-speed & low-latency data, are some of the factors that have bolstered the demand in global 5G infrastructure market.

Question 2. How end-user applications have aided global 5G infrastructure market growth?

Answer 2. The market expansion has been aided by the sharp increase in greater bandwidth demand from consumers and enterprises for a variety of applications, including entertainment, virtual meetings, IoT, cloud-based services, and others.

Question 3. Which are the key players influencing global 5G infrastructure market trends?

Answer 3. Fujitsu Limited, NEC Corporation, Cisco Systems Inc., Siemens AG, The International Business Machines Corporation, Samsung Electronics Co. Ltd., Intel Corporation, Vodafone Group plc, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., and Qualcomm Inc. are the key players influencing global 5G infrastructure market trends.

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