5G Infrastructure Market by Communication Infrastructure, Analysis and Industry Forecast, 2018 – 2025
October 1, 2019 by Jason Lee
5G infrastructures are software and hardware resources of a network that facilitate 5G connections, operations, communication, and management of an enterprise network. 5G speed assures 10 times more connectivity than wireless speeds, which creates seamless connectivity and eliminates latency. This technology caters to other technologies such as autonomous vehicle, virtual reality, and smart infrastructures. The 5G wireless network is expected to be the backbone of smart cities, which provides lucrative opportunity for the 5G infrastructure market.
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5G technology in the healthcare industry vertical enables services such as remote patient monitoring, remote surgery, and others with the help of connected healthcare devices. For instance, in rural areas, it is not feasible for seasoned doctors located several miles away to reach the patients as it can be time-consuming. Although with the advent of telehealth and remote monitoring systems, patients can receive treatment from their homes. Doctors can recommend prescriptions and other information to patients with the help of video calls. This can save a significant amount of cost and time required in the conventional methods. In addition, with the use of 5G technology, transmission of large data files, communication in different languages, real-time remote monitoring, and others can provide lucrative growth opportunities for the 5G infrastructure market in the healthcare sector.
The market growth is supplemented by the proliferation of M2M/IoT connections, and increase in demand for mobile broadband services. However, high investment and technological & infrastructure challenges in implementation of 5G network and privacy & security concerns are expected to impede the market growth. Furthermore, rise in government initiatives for building smart cities in Asia-Pacific is expected to provide lucrative opportunities for the market growth.
The 5G infrastructure market is segmented into communication infrastructure, network technology, chipset type, application, and region. Based on communication infrastructure, it is divided into small cell, macro cell, radio access network, and distributed antenna system. Based on network technology, it is categorized into software defined networking & network function virtualization, mobile edge computing, and fog computing. By chipset, the market is classified into application-specific integrated circuit, radio frequency integrated circuit, millimeter wave technology chips, and field-programmable gate array. Based on application, it is fragmented into automotive, energy & utilities, healthcare, retail, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include AT&T, Ericsson, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise (HPE), Intel Corporation, Mediatek Inc., Nokia Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Verizon.
These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
KEY BENEFITS FOR 5G INFRASTRUCTURE MARKET:
This study includes the analytical depiction of the global 5G infrastructure market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding the key drivers, restraints, and opportunities.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
5G INFRASTRUCTURE MARKET SEGMENTATION:
BY COMMUNICATION INFRASTRUCTURE
BY NETWORK TECHNOLOGY
Software Defined Networking (SDN) and Network Function Virtualization (NFV)
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BY CHIPSET TYPE
Application-Specific Integrated Circuit (ASIC)
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