The 5G Infrastructure Market is poised to soar, with a projected valuation of $151 billion anticipated by 2029. This meteoric rise is propelled by an impressive Compound Annual Growth Rate (CAGR) of 35.1% forecasted for the period spanning from 2023 to 2029.
The Swift Adoption of Industry 4.0 Principles Opens New Avenues for the Growth of the 5G Infrastructure Market
Industry 4.0, often stated to as the 'Fourth Industrial Revolution,' signifies a epic revolution in the landscape of industrial management systems and operational methodologies. This watershed instant hinges upon the harmonious convergence of leading-edge technologies, including but not limited to Artificial Intelligence (AI), the Internet of Things (IoT), edge computing, 5G connectivity, and robotics. This dynamic fusion of technological prowess serves as the bedrock for a profound reimagining of how industries conduct their operations and orchestrate their workflows. By harnessing this sophisticated technological amalgamation, businesses can not only elevate product functionality but also deliver heightened value to customers. Furthermore, it empowers manufacturers with the critical data required for efficient management of complex production cycles.
Across various manufacturing sectors, there is a rapid and robust adoption of these cutting-edge technologies. IoT, in particular, plays a pivotal role in elevating product quality and enhancing equipment reliability. A notable instance is the collaborative effort between Nexans (France) and Schneider Electric (France) in February 2021, aimed at initiating a digital transformation program. This partnership seeks to accelerate the digitization of manufacturing facilities, optimizing production line efficiency, enabling predictive maintenance, and curbing carbon emissions—a testament to the transformative potential of Industry 4.0.
However, the effective utilization of these revolutionary technologies has been marred by high latency challenges faced by numerous industries. Many connected devices rely on cellular networks, which, during data-intensive transfers, introduce significant latency, hampering operational efficiency.
To surmount this formidable challenge, manufacturers are integrating low-latency IoT devices seamlessly with 5G technology. The 5G infrastructure, distinguished by its ultra-low latency capabilities, heralds an era of swift data transmission. This characteristic amplifies its appeal, particularly in mission-critical applications, ensuring unfailingly reliable communication with minimal latency. Notably, it assumes a pivotal role in scenarios such as vehicle-to-vehicle communication in bustling urban environments and high-speed settings, contributing significantly to the burgeoning demand for 5G infrastructure solutions in the Industry 4.0 landscape.
Key Insights from the 5G Infrastructure Market Analysis:
As we look forward to 2023, the hardware segment is poised to take centre stage within the 5G infrastructure market's landscape. This segment is expected to exert its dominance, driven by the swift deployment of 5G Radio Access Network (RAN) equipped with small cell base stations. Additionally, the cumulative adoption of virtual RAN solutions by network service providers, pointed at simplifying network operations, is anticipated to bolster the growth of the hardware segment.
In the realm of network architecture, the year 2023 is likely to witness the ascendancy of the 5G NR Non-standalone (NSA) segment. This architecture is anticipated to claim the lion's share of the 5G infrastructure market, mainly due to the escalating demand for higher data transfer speeds. This demand is essential for delivering reliable communication to wireless devices while maintaining operational efficiency at a low cost within existing network structures.
Looking at the spectrum segment, the 2 GHz to 6 GHz range is poised to achieve the highest Compound Annual Growth Rate (CAGR) during the forecast period. This flow is fueled by substantial investments from communication service providers seeking to offer mid-band spectrum. Furthermore, the ever-growing appetite for high-speed internet connectivity, spanning various applications, is anticipated to propel the growth of this spectrum segment.
Distinguished Market Players
In the forefront of the industry, we find a roster of prominent players who have made substantial contributions to the 5G infrastructure landscape. These key figures include:
- Telefonaktiebolaget LM Ericsson (Sweden)
- Cisco Systems, Inc.
- Huawei Technologies Ltd. (China)
- Samsung Electronics Co., Ltd.
- Ciena Corporation
- ZTE Corporation (China)
- Nokia Corporation (Finland)
- Vodafone Limited
- NEC Corporation (Japan)
- American Tower Corporation (U.S.)
- MediaTek Inc. (Taiwan)
- Comba Telecom Systems Holdings Ltd. (China)
Report Coverage:
Our comprehensive report encompasses an extensive scope, delving into various facets of the 5G infrastructure market, including:
5G Infrastructure Market, by Component:
- Hardware
- Base Station
- Macro Cell
- Small Cell
- Pico Cell
- Femto Cell
- Metro Cell
- Radio Access Network
- Baseband Unit
- Distributed Unit
- Centralized Unit
- Transport Network
- Front haul
- Backhaul
- Midhaul
- Core Network
- Gateway
- Other Core Networks
- Antennas
- Other Hardware
- Software
- Software-Defined Networking (SDN)
- Network Function Virtualization (NFV)
- Cloud RAN
- Services
- Managed Services
- Professional Services
- Network Services
5G Infrastructure Market, by Network Architecture:
- 5G NR Standalone (SA)
- 5G NR Non-standalone (NSA)
5G Infrastructure Market, by Spectrum:
- 600 MHz to 2 GHz (Low-band)
- 2 GHz to 6 GHz (Mid-band)
- Above 6 GHz (high-band)
This extensive coverage provides a comprehensive view of the diverse elements within the 5G infrastructure ecosystem, offering valuable insights into this dynamic and evolving market.
Geographical Coverage of the 5G Infrastructure Market:
Our report casts a wide geographical net, providing insights into the 5G infrastructure market across various regions, including:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- UAE
- Israel
- Rest of Middle East & Africa
This extensive geographical analysis offers a holistic view of the 5G infrastructure market, capturing the dynamics and trends in these diverse regions.
1 Market Overview
1.1 Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global Revenue by Type: 2022 Versus 2023 Versus 2029
1.3 Market Analysis by Application
1.3.1 Overview: Global Revenue by Application: 2022 Versus 2023 Versus 2029
1.4 Global Market Size & Forecast
1.4.1 Global Sales in Value (2017-2029))
1.4.2 Global Sales in Volume (2017-2029)
1.4.3 Global Price by Type (2017-2029) & (US$/Unit)
1.5 Global Production Capacity Analysis
1.5.1 Global Total Production Capacity (2017-2029)
1.5.2 Global Production Capacity by Geographic Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Market Drivers
1.6.2 Market Restraints
1.6.3 Trends Analysis
2 Manufacturers Profiles
**This is for each company**
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Product and Services
2.1.4 Company Sales, Price, Revenue, Gross Margin and Market Share (2019-2022)
3 Sales by Manufacturer
3.1 Global Sales in Volume by Manufacturer (2020-2022)
3.2 Global Revenue by Manufacturer (2020-2022)
3.3 Key Manufacturer Position in Market
3.4 Market Concentration Rate
3.4.1 Top 3 Manufacturer Market Share
3.4.2 Top 6 Manufacturer Market Share
3.5 Global Production Capacity by Company
3.6 Manufacturer by Geography: Head Office and Production Site
3.7 New Entrant and Capacity Expansion Plans
3.8 Mergers & Acquisitions
4 Market Analysis by Region
4.1 Global Market Size by Region
4.1.1 Global Sales in Volume by Region (2017-2029)
4.1.2 Global Revenue by Region (2017-2029)
4.2 North America Revenue (2017-2029)
4.3 Europe Revenue (2017-2029)
4.4 Asia-Pacific Revenue (2017-2029)
4.5 South America Revenue (2017-2029)
4.6 Middle East and Africa Revenue (2017-2029)
5 Market Segment by Type
5.1 Global Sales in Volume by Type (2017-2029)
5.2 Global Revenue by Type (2017-2029)
5.3 Global Price by Type (2017-2029)
6 Market Segment by Application
6.1 Global Sales in Volume by Application (2017-2029)
6.2 Global Revenue by Application (2017-2029)
6.3 Global Price by Application (2017-2029)
7 North America by Country, by Type, and by Application
7.1 North America Sales by Type (2017-2029)
7.2 North America Sales by Application (2017-2029)
7.3 North America Market Size by Country
7.3.1 North America Sales in Volume by Country (2017-2029)
7.3.2 North America Revenue by Country (2017-2029)
7.3.3 United States Market Size and Forecast (2017-2029)
7.3.4 Canada Market Size and Forecast (2017-2029)
7.3.5 Mexico Market Size and Forecast (2017-2029)
8 Europe by Country, by Type, and by Application
8.1 Europe Sales by Type (2017-2029)
8.2 Europe Sales by Application (2017-2029)
8.3 Europe Market Size by Country
8.3.1 Europe Sales in Volume by Country (2017-2029)
8.3.2 Europe Revenue by Country (2017-2029)
8.3.3 Germany Market Size and Forecast (2017-2029)
8.3.4 France Market Size and Forecast (2017-2029)
8.3.5 United Kingdom Market Size and Forecast (2017-2029)
8.3.6 Russia Market Size and Forecast (2017-2029)
8.3.7 Italy Market Size and Forecast (2017-2029)
9 Asia-Pacific by Country, by Type, and by Application
9.1 Asia-Pacific Sales by Type (2017-2029)
9.2 Asia-Pacific Sales by Application (2017-2029)
9.3 Asia-Pacific Market Size by Region
9.3.1 Asia-Pacific Sales in Volume by Region (2017-2029)
9.3.2 Asia-Pacific Revenue by Region (2017-2029)
9.3.3 China Market Size and Forecast (2017-2029)
9.3.4 Japan Market Size and Forecast (2017-2029)
9.3.5 Korea Market Size and Forecast (2017-2029)
9.3.6 India Market Size and Forecast (2017-2029)
9.3.7 Southeast Asia Market Size and Forecast (2017-2029)
9.3.8 Australia Market Size and Forecast (2017-2029)
10 South America by Country, by Type, and by Application
10.1 South America Sales by Type (2017-2029)
10.2 South America Sales by Application (2017-2029)
10.3 South America Market Size by Country
10.3.1 South America Sales in Volume by Country (2017-2029)
10.3.2 South America Revenue by Country (2017-2029)
10.3.3 Brazil Market Size and Forecast (2017-2029)
10.3.4 Argentina Market Size and Forecast (2017-2029)
11 Middle East & Africa by Country, by Type, and by Application
11.1 Middle East & Africa Sales by Type (2017-2029)
11.2 Middle East & Africa Sales by Application (2017-2029)
11.3 Middle East & Africa Market Size by Country
11.3.1 Middle East & Africa Sales in Volume by Country (2017-2029)
11.3.2 Middle East & Africa Revenue by Country (2017-2029)
11.3.3 Turkey Market Size and Forecast (2017-2029)
11.3.4 Egypt Market Size and Forecast (2017-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2017-2029)
11.3.6 South Africa Market Size and Forecast (2017-2029)
12 Sales Channel, Distributors, Traders and Dealers
12.1 Sales Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Typical Distributors
12.3 Typical Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Research Methodology
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.