Skip to main content

5G Infrastructure Market Technological Advancements, Evolving Industry Trends and Insights

The global 5G infrastructure market revenue stood at $1.5 billion in 2020, and it is predicted to increase significantly during 2021–2030 (forecast period). The market is being driven by the growing adoption of technologies that require fast internet connection, such as artificial intelligence (AI), burgeoning requirement for low-latency internet, increasing adoption of virtual networking architecture in the telecommunications sector, and surging number of mobile data users across the world.

Furthermore, the adoption of machine-to-machine (M2M) connections in several industries is driving the installation of 5G network across the world. Apart from the above-mentioned factor, the ballooning adoption of 5G-enabled devices is also fueling the expansion of the 5G infrastructure market. 5G network has been developed for matching the surge in data storage and catering to the robust connectivity requirements.


Moreover, with the growing sales of 5G subscriptions, on account of the increasing use of 5G-enabled devices and several other devices, the demand for 5G infrastructure is rising sharply around the world. According to the Mobile Economy 2020 published by the Global System for Mobile Communications Association (GSMA), 5G will account for 20% of all connections across the world by 2025.

Furthermore, the report estimates that 5G deployment will rise rapidly in Europe, North America, and Asia in the coming years. Depending on network architecture, the 5G infrastructure market is divided into 5G standalone (NR + core) and 5G NR non-standalone (LTE combined) categories. Of these, the 5G standalone (NR + core) category dominated the market in 2020.

The surging incorporation of advanced technologies such as wearable technologies, the internet of things (IoT), autonomous driving, and AI and the existence of several 5G infrastructure organizations such as Verizon Wireless Services LLC and T-Mobile US Inc., are also powering the growth of the market in the region.

Hence, the deployment of 5G infrastructure will rise enormously in the coming years, mainly due to the increasing adoption of 5G-enabled devices and rising requirement for faster network speed and low-latency internet across the world.
Labels:

Comments

Post a Comment

Popular posts from this blog

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro
Post a Comment
Read more

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca
Post a Comment
Read more

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs.  With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI).  In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the
Post a Comment
Read more