By 2027, the global 5G infrastructure market size may exceed $47.7 billion

According to the latest global 5G infrastructure market research report released by Markets and Markets, the global 5G infrastructure market size was about $784 million in 2019, and this figure will increase to $47.
775 billion by 2027, with a compound annual growth rate of 67.
1%
during the period.

The low latency of 5G, the growing popularity of virtual network architectures in telecommunications, and the growth of mobile data traffic are the major factors
driving the 5G infrastructure market.
The increase in cross-industry M2M connectivity is also expected to drive the growth of the 5G infrastructure market during the forecast period
.

Small cell networks for 5G infrastructure held the largest market share
in 2019.
The growth of the small cell network market is attributed to low-power wireless access points, which provide better quality cellular coverage and capacity
for homes, businesses, urban public places, and rural public places.

In 5G networks, customers expect high-speed, high-reliability data communications, which is one of
the main challenges for network operators.
To fully address this challenge, network operators are looking forward to deploying small communities at scale to address the need
for high-speed and highly reliable data communications.

Network functions virtualization NFV will grow
at a higher CAGR for the 5G infrastructure market during the forecast period.
NFV is designed in such a way that network operators can quickly implement different network functions with software that can run on standard server hardware, and can be easily moved or installed in various locations in the network as needed without the need to install new hardware devices
.
In other words, network providers will no longer need to purchase dedicated or dedicated hardware equipment to build, add, or offer new services
.
These factors are expected to drive the growth
of NFV in the coming years.

From the perspective of frequency, frequencies above 6 GHz will witness the fastest growth
of the 5G infrastructure market in the future during the forecast period.
Because they are adjacent, they tend to support spectrum coordination, reducing the complexity of handsets, economies of scale, and availability of early devices
.
Governments and regulators must realize the potential of
5G for new mobile bands above 24 GHz.
The extensive use of uniform 5G spectrum in these bands is essential to achieve fast 5G speeds
, low-cost devices, international roaming, and minimizing cross-border interference.

Regionally, Asia Pacific will witness the highest CAGR
of the 5G infrastructure market during the forecast period.
This high growth in the Asia-Pacific region is attributed to the adoption of new technologies and advancements
in various industry organizations.
5G networks will play an integral role
in advanced technologies such as IoT and machine-to-machine communication (M2M), as well as smart cities and industrial automation.
In addition, the 5G infrastructure market holds huge opportunities
in smart cities.
Several countries in Asia have already started implementing smart city projects or are in the planning stages
.

Key players in the 5G infrastructure market include Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), Cisco (US), CommScope (US), Comba Communications (Hong Kong), Mingtai Technology (Taiwan), Siklu Communication (Israel), and Mavenir (US).