5G infrastructure market grow by USD 95.89 billion by 2030

As per Facts and Factors study, the global 5G infrastructure market size was evaluated at $9.2 billion in 2022 and is slated to hit $95.89 billion by the end of 2030 with a CAGR of nearly 35% between 2023 and 2030.

5G Infrastructure Market: Overview

5G infrastructure is referred to as a network of small & macro-base stations possessing edge computing capabilities. Moreover, it comprises standalone 5G infrastructures, which have their cloud network connecting 5G new radio technology and non-standalone infrastructure.

Key components of 5G infrastructure include RAN towers and 5G small cell infrastructure. Furthermore, 5G infrastructure provides low latency coverage for big data streams powering IoT equipment and semi-autonomous vehicles.

Key Insights:

• As per the analysis shared by our research analyst, the global 5G infrastructure market is projected to expand annually at the annual growth rate of around 35% over the forecast timespan (2023-2030)
• In terms of revenue, the global 5G infrastructure market size was evaluated at nearly $9.2 billion in 2022 and is expected to reach $95.89 billion by 2030.
• The global 5G infrastructure market is anticipated to record massive growth over the forecast period owing to the massive demand for improved bandwidth connectivity along with a need for low latency for critical applications including drone connection and vehicle-to-everything.
• Based on the component, the hardware segment is predicted to contribute majorly towards the global market share over the forecast timeline.
• In terms of spectrum, the mmWave segment is projected to record the highest CAGR over 2023-2030.
• Based on the network infrastructure, the non-standalone segment is slated to dominate the segmental surge over the forecast period.
• On the basis of vertical, the enterprise segment is slated to dominate the segmental surge over the forecast period.
• Region-wise, the Asia-Pacific 5G Infrastructure market is projected to register the highest CAGR during the assessment period.

Facts and Factors