5G Infrastructure Market By Communication Infrastructure (Solution, Services), By Spectrum (Sub-6 GHz, mmWave), By Network Architecture (Standalone and Non-Standalone), By Application (Consumer, Smart City, Enterprise, Industrial, E-health, Media & Entertainment, Transportation & Logistics, Aerospace & Defense, Government, Smart Retail, Smart Agriculture and Others): Global Opportunity Analysis and Regional Forecast, 2021–2027

Market Overview:

The 5G Infrastructure Market was valued at $XXX billion in 2020, and it is expected to reach $XXX billion by 2027, registering a CAGR of XX% from 2021 to 2027. The infrastructure is made up of macro- and small-cell base stations which inculcates edge computing capabilities. 5G infrastructure is mostly combination of Radio Access Network (RAN), core network, and backhaul and transport. Implementation of 5G network infrastructure provides high data speeds, ultra low latency, more reliability, massive network capacity, 5G network functions that particularly run on hardware become virtualized, running as software. Increased availability and a more uniform user experience to more users. 5G Network has the capability of handling futuristic demands which would generate in the forecast period.

5G Infrastructure has been designed with an extended capacity to enable next-generation user experiences, empower new deployment models, and deliver new services which is estimated to drive the market of 5G infrastructure. 5G has increased user experience by providing Ultra-high Definition (UHD) video, seamless video calling, and Virtual Reality (VR) and Augmented Reality (AR) gaming. 5G transmitters will use millimeter-wave and multiple-input, multiple-output (MIMO) techniques to send directional RF communications with low latency, high data rates, and developed channel capacity. The biggest hindrance in the growth of 5G infrastructure is the proximity of the antennas. However, due to the outbreak of COVID-19 is certainly anticipated to delay the implementation of 5G Infrastructure owing to the disturbance in further trials and testing required for verifying the stability and processing performance of 5G standalone networks. 5G Network Infrastructure needs to be upgraded which would require replacement of fiber optic connections. 5G Network Infrastructure is having growing future opportunities due to the development of IoT which is affecting many more industries. Digital future is all set to accelerate with the ongoing thrust to develop 5G Infrastructure which is going to not only boost data speeds but also disrupt traditional industries like manufacturing, agriculture, education, and healthcare - through the internet of things.

Segment Overview:

The 5G Infrastructure Market is segmented by Communication Infrastructure, Spectrum, Network Architecture and Application.

Communication Insights:

The communication segment is divided into Solution and Services. Network service providers are reducing the overall infrastructure costs and network complexities which are increasing the trend of deploying virtual and centralized RAN. The 5G core network providers are shifting towards mounting cloud-based 5G core networks to reduce the Total Cost of Ownership (TCO) and deliver smooth connectivity.

Spectrum Insights:

The spectrum segment is divided into Sub-6 GHz and mmWave. Huge investments are made by key communication service providers in obtaining low and mid-band frequencies and consequently deliver high bandwidth services to consumers, businesses, and industries. mmWave frequencies are high band frequencies that provide advanced bandwidth capacity with very low latency.

Network Architecture Insights:

This segment is divided into Standalone and Non-standalone. A non-standalone infrastructure partially depends on existing 4G LTE infrastructure and brings some new technology like 5G New Radio (NR). Standalone infrastructure refers to a 5G network that does not depend on LTE networks and has its cloud-native network core that integrates to the NR. It is expected that network carriers will arrive at a standalone infrastructure after moving through an NSA infrastructure. New revenue stream for service providers has generated across the globe due to growing digitalization.

Application Insights:

The Application Segment is divided into Consumer, Smart City, Enterprise, Industrial, E-health, Media & Entertainment, Transportation & Logistics, Aerospace & Defense, Government, Smart Retail, Smart Agriculture, and Others. Growing consumer mobile bandwidth demand, increasing integrity for IoT, and sensor devices for smart city applications, along with emerging applications like Augmented Reality (AR) and self-driving cars, among others, are restraining what today’s LTE networks can deliver. As a result, industry leaders like the 5G Infrastructure Public-Private Partnership (5G-PPP) have joined forces to thrust the upgrade of mobile networks globally. The significant demand to establish continual communication among industrial applications is expected to drive growth in the industrial sensors segment over the forecast period. Additionally, the energy and utilities sector is expected to showcase a huge growth owing to the growing need for high-speed internet connectivity across energy generation and distribution applications.

5G Infrastructure Market Segmentation:

Communication Infrastructure

• Solutions
• Radio Access Network (RAN)
• Core Network
• Backhaul & Transport
• Services
• Consulting
• Implementation & Integration
• Support & Maintenance
• Training & Education

Spectrum

• Sub-6 GHz
• Low Band
• Mid Band
• mmWave

Network Architecture

• Standalone
• Non-standalone

Application

• Consumer 
• Smart City  
• Enterprise/Corporate  
• Industrial  
• e-Health  
• Media & Entertainment  
• Transportation & Logistics  
• Aerospace & Defense  
• Government
• Smart Retail
• Smart Agriculture  
• Others