Above 6 GHz to witness fastest growth in 5G infrastructure market in coming years

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2020-06-25 18:27:54

The report “5G Infrastructure Market by Communication Infrastructure (Small Cell & Macro Cell), Core Network (SDN & NFV), Network Architecture (Standalone & Non-standalone), Operational Frequency (Sub 6GHz & Above 6GHz), End User & Geography – Global Forecast to 2027″, is valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1%. Lower latency in 5G, growing adoption of virtual networking architecture in telecommunications, and growth in mobile data traffic are among the major factors driving the 5G infrastructure market. Increasing M2M connections across various industries are also expected to drive the 5G infrastructure market growth during the forecast period.

The market growth of small cells is attributed to low-power wireless access points that provide better quality cellular coverage and capacity for homes, enterprises, metropolitan public spaces, and rural public spaces. In the 5G network, customers expect high speed of data communication with high reliability, which acts as one of the major challenges for network operators. To overall come this challenge, network operators look forward to deploying small cells on a large scale as an alternative to address the need for high speed and highly reliable data communication.

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