5G Infrastructure Market Size Worth $48.66 Billion, Globally, by 2028 - Growing Adoption of IoT | Exclusive Report by The Insight Partners
The global 5G infrastructure market size was valued at USD 0.963 billion in 2021 and is expected to reach USD 48.66 billion by 2028; it is estimated to grow at a CAGR of 64.8% from 2022 to 2028.
January 02, 2023 09:23 ET | Source: The Insight Partners
New York , Jan. 02, 2023 (GLOBE NEWSWIRE) -- According to The Insight Partners; “5G Infrastructure Market Share, Size, Growth and Global Forecast to 2028 - COVID-19 Impact and Global Analysis by Communication Infrastructure (Small Cell and Macro Cell), Operational Frequency (Sub 6 GHz and Above 6 GHz), Core Network Technology [Software-Defined Networking (SDN) and Network Function Virtualization (NFV)], Network Architecture [5G NR Non-Standalone (LTE Combined), 5G Standalone (NR + Core)], End User (Residential, Commercial, Government, and Industrial), and Geography”; The global 5G infrastructure market growth is fuelled by rising demand for high-speed and broad network coverage for mobile data services and growing adoption of internet of things (IoT) technology.
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