The global 5G infrastructure market is estimated to value at nearly US$ 0.8 Bn in 2019, and is expected to register a CAGR of 48.8%. The first five-year cumulative revenue (2019–2023) is projected to be approximately US$ 15 Bn, which is expected to increase significantly over the latter part of the five-year forecast period. 5G infrastructure is an ultra-broadband network that is being made with a vision to support the Future Internet and extremely high bandwidth on global level.
Global 5G Infrastructure Market: Segment Snapshot
By Product Type: The network technology segment accounted for highest revenue share contribution as compared to other product type segments, and is expected to register highest CAGR of over 44% over the forecast period
By Application: The telecom service providers segment is projected to account for highest revenue share as compared to other application segments, and register highest CAGR of over 43% over the forecast period
By Region: The market in Rest of the World is expected to register highest CAGR of over 50% over the forecast period
Global 5G Infrastructure Market: Competitive Analysis
The research report on the global 5G infrastructure market include profiles of some of major companies such as Intel Corporation, Telefonaktiebolaget LM Ericsson, ABB Ltd., Samsung Electronics Co. Ltd., Amazon.com Inc. (Amazon Robotics LLC.), Honda Motor Co., Inc., Yaskawa Electric Corporation, OMRON Corporation (Adept Technology, Inc.), Lely Holding S.à r.l., NORTHROP GRUMMAN CORPORATION, Asustek Computer Inc., Nokia Corporation, and Google Inc.