5G is a critical enabler for the digital world of the future. It provides ultra-high broadband infrastructure for use in a variety of industries, including healthcare, automotive, and manufacturing. The growing number of connected devices is critical to the growth of the 5G infrastructure market. The installed base of Internet of Things devices was 18 billion units in 2016 and is expected to reach 75 billion units by 2025, according to Coherent Market Insights. Sensor integration in applications such as automation, automotive, consumer electronics, healthcare, infrastructure maintenance, smart metering, and utilities raises demand for robust and energy-efficient connectivity technologies such as 5G.
In
the market for 5G
Infrastructure Market, the software-defined network segment held a dominant
position, and it is anticipated that it will continue to do so throughout the
forecast period. Intelligent network architecture, or software-defined networks,
is designed to reduce hardware constraints. Advanced features like high-speed
connectivity and large bandwidth are made possible by 5G. Due to limitations in
conventional networks' ability to support all features, delivering 5G features
becomes challenging. As a result, effective control and network management are
not possible with conventional networking. Thus, the only method for managing the intricate 5G Infrastructure Market is software-defined networking.
The network of macro and
small-cell base stations with edge computing capabilities that are necessary
for the operation of the fifth generation technology standard for cellular
networks is referred to as 5G infrastructure.
It
is anticipated that factors like the rise in demand for mobile broadband
services and the spread of M2M/IoT connections will propel the growth of the
global 5G Infrastructure Market. The market for
5G infrastructure is expanding as a result of lower latency in 5G, increased
mobile data traffic, and increased acceptance of virtual networking
architecture in the telecom industry. The global market for 5G infrastructure
is, however, significantly constrained by the high initial investment required.
Contrarily, it is anticipated that strong demand from Asia-Pacific,
particularly in the consumer electronics and industrial automation segments,
will lead to profitable opportunities for 5G.
Key Players
Global 5G Infrastructure
Market: Some of the key players include Analog Devices, Inc., Cavium, Cisco
Systems, Inc., Ericsson, Fujitsu, Huawei Technologies Co., Ltd, Intel
Corporation, LG Electronics Inc., MACOM Technology Solutions, MediaTek Inc.,
NEC Corporation, Qorvo, Qualcomm, Samsung, and VMware, Inc.
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