World 5G Infrastructure Market to Enjoy Colossal Growth till 2026, Expects M&M in Its Cutting-Edge Study Available at MarketPublishers.com
27 Nov 2017 • by Natalie Aster
LONDON – In the years ahead, the world’s 5G infrastructure market is forecast to witness colossal growth at a CAGR of over 50%. By the year 2020, the market value is poised to reach USD 2.86 billion and, further, by the year 2026 to rise to USD 33.72 billion
The key factors fueling growth in the 5G infrastructure market comprise enhancing importance of software implementation in a communication network, escalating demand for mobile data services, uptake of M2M communication as well as rising demand for high-speed and large network coverage.
Meantime, the key restraint of the 5G infrastructure market growth is the delay in the standardisation of spectrum allocation.
Amidst regions, the highest growth rate through 2026 is anticipated in the APAC market for 5G infrastructure market. This is majorly attributed to robust technological progress, increasing investments and rising adoption of advanced automation technologies in the region.
Cutting-edge research study “5G Infrastructure Market by Communication Infrastructure, Network Technology, Chipset Type, Application, and Geography - Global Forecast to 2026” elaborated MarketsandMarkets (M&M) gives better understanding of the actual situation in the worldwide 5G infrastructure market, touches upon the historical market development and reviews the market landscape and trends across the major regional markets. Furthermore, this publication comprises info on the market growth influencing forces, describes the competitive scenario, profiles the dominant market participants and includes an extensive analysis of the market segmentation along with relevant data on size, shares and growth rates for each segment. Besides, this report provides access to a future outlook up till 2026.
For a full collection of the publisher’s research studies follow M&M online catalogue at MarketPublishers.com.