The Global 5G Market is expected to grow from US$ 2.56 Bn in 2020 to US$ 23.95 Bn by 2025 at a CAGR of 56.39% between 2020 and 2025
The global 5G infrastructure market is experiencing an intense growth with regards to the investments, trials being carried out and deployment for future in the current scenario and is anticipated to rise in the coming years. The market for 5G infrastructure consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers. Also, there are many stakeholders in the 5G ecosystem that are involved in the end-to-end development of 5G technology and ensuring that the best service is made available for the users by the first half of 2020. Government funding for research & development, strategic partnerships between chipset manufacturers, equipment vendors, network operators and Government bodies are anticipated to enable huge surges in the market for 5G over the forecast period.
The 5G market segmentation is done on the basis of networking infrastructure and industry vertical. The market for 5G is segmented on the basis of networking infrastructure into small cells, macro cells and others. Further, the market has been segmented into various industry verticals that are anticipated to be benefitted through incorporation of 5G technology into their operational models. A number of industry verticals are set to be positively impacted post the rollout of 5G technology services in the market space. The major industry verticals include smart automotive, healthcare, smart transportation & logistics, consumer electronics, industry automation, building & home automation, and others. On the basis of geography, the 5G market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
Get Sample Copy of this Report at: https://www.theinsightpartners.com/sample/TIPTE100000387/
Leading 5G Market Players:
· T-Mobile USA, Inc.
· Cisco Systems, Inc.
· AT&T, Inc.
· Qualcomm, Inc.
· Huawei Technologies Co. Ltd.
· Verizon Communications, Inc.
· Nokia Networks
· Telefonica S.A.
· Orange S.A.
North America and APAC will have bigger share of revenue in the market, owing to their economically economies and developed infrastructure to support upcoming technological trends in almost all industry sectors and the population in the region coupled with smartphone penetration. Globally 5G market is expected to foresee significant rise in terms of revenue share. By 2025, the market scenario is expected to change in terms of acquired revenue share. North America is expected to be a saturated market with almost constant market share over the forecast period. However, APAC is estimated to gain significant share of revenue in the total market, as a result of growing economy and rising digitalization initiatives in the region. Some of the global key players operating in the 5G market are Ericsson, Huawei Technologies Co. Ltd., Verizon Communications, Inc., Nokia Networks, and Telefonica S.A. Also, T-Mobile USA, Inc., Cisco Systems, Inc., AT&T, Inc., Qualcomm, Inc. and Orange S.A are other key companies in the 5G market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 5G Market based on product and application. It also provides market size and forecast till 2025 for overall 5G Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Also, key 5G Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
The Insight partners,