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Increasing demand for Machine-to-Machine (M2M) connections across various industries and growing demand for mobile data services for improved coverage is driving 5G infrastructure market growth.<br>
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5G infrastructure Market Size Worth USD 75.55 Billion by 2028 www.emergenresearch.com Increasing demand for Machine-to-Machine (M2M) connections across various industries and growing demand for mobile data services for improved coverage is driving 5G infrastructure market growth.
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Market Summary The global 5G infrastructure market is expected to reach a market size of USD 75.55 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. A key driving factor includes increasing demand for Machine-to-Machine (M2M) connections in various industries. Increasing demand for mobile data services for improved coverage is further expected to fuel growth of the global 5G infrastructure market growth during the forecast period. Rising government focus to develop smart cities is also expected to propel global 5G infrastructure market growth. The high cost of implementing 5G infrastructure is expected to hamper growth of the global 5G infrastructure market to a certain extent during the forecast period. www.emergenresearch.com
Market Summary Key Highlights of Report Increasing implementation of 5G radio access network is driving revenue growth of the hardware segment currently, which is expected to register a significantly high CAGR of 62.2% over the forecast period. In terms of market share, the sub-6 GHz segment is expected to lead among the other spectrum segments in the global 5G infrastructure market during the forecast period due to rising usage of sub-6 GHz signals for developing smart cities. Increasing deployment of non-standalone architecture to integrate 5G infrastructure with existing LTE infrastructure is expected to contribute to revenue growth of the non-standalone segment in the global 5G infrastructure market during the forecast period. In terms of revenue, the enterprise segment is expected to lead among the other end-use segments in the global 5G infrastructure market during the forecast period due to increasing demand for higher bandwidth for virtual meetings. Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/494 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global 5G infrastructure market on the basis of component, spectrum, architecture, end-use, and region. • Component Outlook (Revenue, USD Billion; 2021–2028) • Services • Support & Maintenance • Implementation & Integration • Consulting • Training & Education • Hardware • Core Network • Radio Access Network • Backhaul & Transport • Read More @ https://www.emergenresearch.com/industry-report/5g-infrastructure-market
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