Global 5G infrastructure market is expected to reach USD 33 Billion by 2027, growing at a CAGR of over 50% during the forecast period. The major factors driving the growth of the 5G infrastructure market are growing demand for high speed & large network coverage and growing adoption of IoT and big data analysis. Furthermore, 5G is a key enabler for Internet of Things (IoT) by offering a platform to connect several devices to the internet. However, the sudden outbreak of COVID-19 will be affecting the global 5G infrastructure market. As long as COVID-19 will sustain, it will become difficult for the supply chains to function properly.

Global 5G infrastructure market is segmented based on communication infrastructure, core network technology, application and region. Based on core network technology, the market has been categorised into software-defined networking (SDN), network function virtualization (NFV), mobile edge computing (MEC) and fog computing (FC). The SDN segment is projected to dominate the market during the forecast period owing to its applications & technology in the architecture for 5G network.

Based on application, the market for industrial automation is expected to grow at the highest rate during the forecast period owing to growing demand for process automation in various industries such as manufacturing and process industries, among others.

Regionally, APAC region is expected to dominate the market during the forecast period since the countries like China and India are investing heavily in designing the prototypes of the 5G network. In India, companies like Ericsson has started trials for advance technology with Indian telecom operators.

Some of the leading players in the global 5G Infrastructure market are Qualcomm, Ericsson, Intel, Cisco, Qorvo, Samsung, NEC, Mediatek, Huawei, Cavium, among others.

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Global 5G infrastructure market is expected to reach USD 33 Billion by 2027, growing at a CAGR of over 50% during the forecast period. The major factors driving the growth of the 5G infrastructure market are growing demand for high speed & large network coverage and growing adoption of IoT and big data analysis. Furthermore, 5G is a key enabler for Internet of Things (IoT) by offering a platform to connect several devices to the internet. However, the sudden outbreak of COVID-19 will be affecting the global 5G infrastructure market. As long as COVID-19 will sustain, it will become difficult for the supply chains to function properly. Global 5G infrastructure market is segmented based on communication infrastructure, core network technology, application and region. Based on core network technology, the market has been categorised into software-defined networking (SDN), network function virtualization (NFV), mobile edge computing (MEC) and fog computing (FC). The SDN segment is projected to dominate the market during the forecast period owing to its applications & technology in the architecture for 5G network. Based on application, the market for industrial automation is expected to grow at the highest rate during the forecast period owing to growing demand for process automation in various industries such as manufacturing and process industries, among others. Regionally, APAC region is expected to dominate the market during the forecast period since the countries like China and India are investing heavily in designing the prototypes of the 5G network. In India, companies like Ericsson has started trials for advance technology with Indian telecom operators. Some of the leading players in the global 5G Infrastructure market are Qualcomm, Ericsson, Intel, Cisco, Qorvo, Samsung, NEC, Mediatek, Huawei, Cavium, among others. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=2987 For More Information Visit: https://www.techsciresearch.com/report/global-5g-infrastructure-market/2987.html
5G Infrastructure Market By Size, Share, Trends, Growth, Forecast 2027| TechSci Research
Global 5G Infrastructure Market By Size, Share, Trends, Growth, Forecast 2027, By Communication Infrastructure, By Core Network Technology, By Application, By Company and By Geography, Competition Forecast and Opportunities
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