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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.
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