5G Infrastructure Market Share & Forecast 2023–2028: Insights & Drivers

Market Size, Growth & Valuation (2023-30)

5G Infrastructure Market is projected to grow at a CAGR of around 65% during the forecast period, i.e., 2023-28.

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5G Infrastructure Market Structure – Segmentation & Geography

By Spectrum

Sub–1 GHz
to 6 GHz
Above 6 GHz

By Communication Infrastructure

RAN
Transport Network
Core Network

Here, the Radio Access Network (RAN) acquired the largest market share in the historical period.

By Application

Automotive
- Autonomous Driving
- Smart Navigation
- Digitalized Logistics
Energy & Power
- Smart Grid
- Smart Meters
Industries
- Machine to Machine (M2M) Communication
- Remote Machinery
Consumer Electronics
- Smart Handheld Devices
  - Immersive Technology Devices (AR & VR)
- Others

Amongst all, the industrial segment dominated the Global 5G infrastructure market in the historical period owing to the constant innovation in communication technologies such as IoT and M2M.

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

North America acquired the leading position in the historical period and is expected to prevail in the same trend on account of steady investment by communication service providers toward 5G infrastructure across the US.

Key Growth Trends (2023-2028)

Expanding Virtual Networking Architectures in Telecommunications – Currently, the networks are being implemented using various hardware intended for purpose-specific applications. Besides exhibiting an inability to expand, these types of hardware are costly to maintain and manage. Moreover, the lifespan of devices is also minimal. Therefore, in the 5G infrastructure, it is crucial to create a flexible & agile network structure that is easily altered and built as per the needs, enabling thousands of gadgets to connect in the future. This is possible via software-based networking techniques like virtualization of network functions (NFV) & software-defined network (SDN). SDN & NFV enable network flexibility by dividing networks into virtual elements. Additionally, the 5G network slicing can allow network operators to use only the features needed to serve specific clients and certain market segments. Therefore, these software-driven network technologies would accelerate the growth of the market for 5G infrastructure in terms of speed of deployment & the efficient operation of the 5G network.

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Research Methodology

MarkNtel Advisors employs a thorough and iterative research methodology to enhance accuracy in market estimates. Our process combines bottom-up and top-down approaches, focusing on data triangulation for validation. It includes defining research objectives, selecting representative samples, and collecting data through surveys and interviews. Post-collection, we analyze and validate the data using statistical tools, ensuring reliability. Finally, we forecast market trends through predictive modeling, compiling our insights into detailed reports with charts and strategic recommendations for informed decision-making.

Competitive Analysis Framework

The 5G Infrastructure industry is moderately fragmented, with key players focusing on technological advancements and strategic partnerships. A detailed competitive analysis helps businesses benchmark against industry leaders and identify growth opportunities.

Leading 5G Infrastructure Companies are:

Hardware Providers

Intel Corporation
Qualcomm Technologies Inc
Mediatek Inc
Huawei Technologies Co. Ltd
Samsung Electronics Co. Ltd

Networking Providers

Telefonaktiebolaget LM Ericsson
Cisco Systems Inc.
Nokia
Huawei Technologies Co., Ltd.
Samsung Electronics Co. Ltd

Network Providers

Verizon Communications Inc
AT&T Inc
NTT Docomo Inc
Orange
Vodafone Group Plc.

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Key Questions Answered in This Report:

What is the current market size of 5G Infrastructure, and what growth rate is projected by 2028?
Which key trends are driving 5G Infrastructure market expansion in the next five years?
How does market segmentation impact industry dynamics?
Which geographic regions offer the highest growth potential?
What are the primary challenges hindering 5G Infrastructure industry growth?
How do regulatory policies influence market development?
What are the latest technological advancements impacting the sector?
Who are the leading 5G Infrastructure companies, and what are their market shares?
What strategies are top competitors adopting to maintain dominance?
What are the emerging niche segments with high growth potential?
How do macroeconomic factors affect market performance?
What are the investment opportunities for new entrants?
How does pricing strategy vary across different market segments?
What are the future innovation trends expected in this industry?

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