Follow on Google News
News By Tag
News By Place
Follow on Google News
5G Infrastructure Market Analysis & Forecast during 2019-2028 – by RationalStat
By: RationalStat LLC
Market Overview and Dynamics
The market for 5G infrastructure is projected to increase by over 50% during the period 2022-2028. A booming demand for high-speed internet with low latency, and the increasing usage of applications that require data have driving the market's growth. Consumers and businesses are demanding faster networks for various purposes like entertainment online meetings, cloud-based solutions, and many more, which is further fueling the market's growth.
Competition Analysis: Nokia, Ericsson, and Huawei hold a prominent market share
The global 5G infrastructure market consists of a significant number of industry players and observes healthy competition between them. Leading players such as Qualcomm Inc., Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corp., Vodafone Group PLC, Intel Corp., Samsung Electronics Co., Ltd., IBM Corp., Siemens AG, Cisco Systems Inc., NEC Corp., and Fujitsu Ltd. hold a dominant position in the 5G infrastructure ecosystem globally. These industry players are making significant investments to gain a competitive edge over other players and as well as increase market share in the market space. Key developments observed in recent years include,
In January 2022, Telesat joined hands with ENCQOR 5G to conduct demonstrations, trials, and pilots to advance 5G connectivity. The partnership, however, is particularly for industries operating in rural areas in Canada.
For more information about this report visit: https://store.rationalstat.com/
About RationalStat LLC
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store (https://store.rationalstat.com/
Dorinda Erwin, Content and Press Manager
Phone: +1 302 803