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5G Infrastructure Market

5G Infrastructure Market to Exhibit a Remarkable CAGR of 73.04%, Rapid Evolution in the IoT Industry Favors Growth: Fortune Business Insights

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5G Infrastructure Market

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  1. Title : 5G Infrastructure Market to Exhibit a Remarkable CAGR of 73.04%, Rapid Evolution in the IoT Industry Favors Growth: Fortune Business Insights Main Body: Internet of things (IoT) industry is rapidly evolving, which is driving the global 5G infrastructure market at a tremendous rate. Fortune Business Insights in a new report, titled “GLOBAL 5G INFRASTRUCTURE MARKET, SIZE, SHARE AND GLOBAL TREND BY COMPONENT (FIBERS, CABLES, ANTENNA, TRANSCEIVER, WIRELESS BACKHAUL, MODEM, ROUTER), COMMUNICATION INFRASTRUCTURE (SMALL CELL, MACRO CELL, RADIO ACCESS NETWORK (RAN), DISTRIBUTED ANTENNA SYSTEM (DAS), AND GEOGRAPHY FORECAST TILL 2026” suggests that the global market will rise at a whopping CAGR of 73.04% during the forecast period, 2018-2026. There is a skyrocketing demand for high speed internet among end-use industries. 5G infrastructure plays a crucial role while deploying high speed internet service. The analysts in the report predict that the global market is anticipated to reach US$ 51,081.7 Mn by 2026, as against US$ 782.0 Mn in 2018. View infrastructure-market-100869 more information @ https://www.fortunebusinessinsights.com/industry-reports/5g- “5G technology is expected to positively influence connected agriculture, smart cities, machine-to- machine communication, and home automation,” says a lead analyst at Fortune Business Insights. “Moreover, some of the prominent challenges faced by organizations with regards to improving reliability, performance, and connectivity can be resolved through 5G infrastructure,” he added. 5G connectivity offers several advantages such as higher efficiency and high-spped data transmission than 3G or 4G networks. Ever-evolving 5G Infrastructure Sees an Upward Trajectory in Various Applications Rising demand for mobile bandwidth among consumers worldwide is augmenting demand for 5G infrastructure network. With the growing trend of smart city, demand for IoT connectivity sensor devices is increasing. This, in turn, is contributing to the development of 5G infrastructure. Some of the emerging applications such as self-driving cars and augmented reality (AR) also support the development of 5G infrastructure. All these factors are expected to drive the market in the forecast years. The burgeoning demand for smartphones, laptops, and computers and other connected devices is creating demand for advanced network alternatives. Under Industry 4.0, IoT devices, vehicles, equipment, and machinery are connected to each other. This requires high speed internet coverage and network solution. The current 4G network cannot fulfil all the requirements of advanced technologies that require high-speed internet network. Here, 5G infrastructure comes into existence as radio access technology can overcome the challenges faced by 4G technology. Furthermore, distributed antenna systems of 5G infrastructure offer several advanced services. Spurred by these factors, the global 5G infrastructure market is expected to grow at a rapid rate in the forecast period. Regional Analysis for 5G Infrastructure Market:  North America (the USA and Canada)  Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)  Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)  Latin America (Brazil, Mexico and Rest of Latin America)

  2. Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)  Major Table of Contents for 5G Infrastructure Market:  Introduction  Executive Summary  Market Dynamics  Key Chip Resistor Market Insights  Global Market Analysis, Insights and Forecast, 2015-2026  North America Market Analysis, Insights and Forecast, 2015-2026  Europe Market Analysis, Insights and Forecast, 2015-2026  Asia Pacific Market Analysis, Insights and Forecast, 2015-2026  The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026  Latin America Market Analysis, Insights and Forecast, 2015-2026  Competitive Landscape  Global Chip Resistor Market Revenue Share Analysis, By Key Players, 2020  Company Profiles  Conclusion HPE, Intel, Qualcomm are Among the Leading Players in the Market In July 2018, Nokia joined hands with T-Mobile to build a 5G wireless network infrastructure. This multi-year agreement was signed for a $3.5 billion. The report profiles some of the key players in the global 5G infrastructure market. Some of the players include AT&T, Hewlett Packard Enterprise (HPE), Fujikura.co, Intel Corporations, Qualcomm Technologies, Belden, and Ericsson. Among these, Ericsson announced the launch of an advanced 5G standalone New Radio (NR) software in June 2019. This software aims to offer better coverage to organizations.

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