5G Infrastructure Market Development Trend Authentic Roquan Smith Jersey , Key Players & Investment Feasibility By Analysis 2026 by Miller@21 · January 7, 2019
The overall 5G Infrastructure Market is estimated to grow from USD 2.86 billion in 2020 to USD 33.72 billion by 2026, at a CAGR of 50.9% between 2020 and 2026. The major factors driving the growth of the 5G infrastructure market include increasing demand for mobile data services, rising importance of software implementation in communication network, growth of machine-to-machine (M2M) communication in industries, and growing demand for high speed and large network coverage.
Some of the key players in the 5G infrastructure market are Qualcomm (US) Authentic Khalil Mack Jersey , Intel (US), Ericsson (Sweden), Samsung (South Korea) NEC (Japan), Qorvo (US), AT&T (US), Huawei (China) Anthony Miller Jersey , Nokia (Finland), MediaTek (Taiwan), Cisco (US), Cavium (US), Analog Devices (US), Verizon Communications (US) Jordan Howard Jersey , SK Telecom (South Korea), T-Mobile (US), ZTE (China), Korea Telecom (South Korea), China Mobile (China), and MACOM Technology Solutions (US).
Qualcomm (US) has been considered as the top market player on the basis of product offerings Roquan Smith Jersey , R&D activities, and growth strategies. In 5G infrastructure market, the company is heavily investing in R&D activities for interoperability testing, standardization, and establishing the 5G wireless network. In 5G network infrastructure, small cell plays a pivotal role in terms of enhancing the network range and coverage. Qualcomm (US) is one of the important suppliers for small cell chipsets to various network operators such as Nokia (Finland) and ZTE (China). Additionally Khalil Mack Jersey , the company is working on the 5G new radio small cells that are essential in implementing 5G network. From a business perspective, the company adopted collaborations and partnerships as the key strategies to develop new solutions and to conduct trial tests for the development of 5G network.
Get Free 10% Customization @ Intel (US) is among the key players in the 5G infrastructure market. The company offers 5G chipset modem and embedded chipset-based small cells to support the initial 5G network trial. Additionally, the company offers field-programmable gate array (FPGA) that has applications in the development and trial testing for 5G network. Intel also offers chipsets required in the development of small cells. Furthermore, the company has a strong geographic presence and R&D strategy. In addition, the company focuses on inorganic growth strategies such as collaborations and partnerships to tap new avenues in the 5G infrastructure market.
Consumer electronics expected to hold the largest share of the 5G infrastructure market
The growth of the market is attributed to the proliferation of 5G-enabled consumer electronics devices in the market. For instance, after the commercialization of 5G network connectivity Wholesale Bears Jerseys , it is expected that there will be a high demand for 5G-enabled smartphones with high-speed Internet connectivity. This is one of the main drivers for consumer electronics application. This is one of the main drivers for consumer electronics application and hence estimated to hold the largest market share in 2020.
The market for industrial automation expected to grow at a high rate between 2020 and 2026
This is because of the growing demand for process automation in various industries such as manufacturing and process industries. To carry out various processes effectively in these industries, the flow of data and information at right time and place is crucial. With the implementation of 5G network, a strong data network, in terms of high speed with the minimal delay, can be easily achieved.
North America expected to hold the largest share of the 5G infrastructure market in 2020
The growth of the market is attributed to various factors such as increasing automation in different industries, rising number of subscribers owning more than one connected device Cheap Bears Jerseys , advanced technologies such as Internet of Things (IoT), high growth rate of connectedautonomous cars, increase in cellular M2M connections, high demand for on-demand video services, and growing trends of smart cities. In these applications, 5G network connectivity will be critical to carry out different tasks such as data transfer Aaron Lynch Bears Jersey , data process, and communication. Thus, the growth of these applications in North America is the major driving factor for the growth of the 5G infrastructure market.
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