Advancement in smart infrastructure solutions is expected to create lucrative opportunities in the industry. An increase in demand for high-speed data with low latency, the emergence of interconnected devices, and surge in adoption of 5G IoT ecosystem & critical communication services drive the global 5G base station market.
Major market players – Cisco Systems Inc., Huawei Technologies Co. Ltd., Marvell, NEC Corporation, Qualcomm Incorporated, Samsung, Airspon Network Inc., Telefonaktiebolaget LM Ericsson, ZTE Corporation, and Nokia.
The global 5G base station market was estimated at $8.16 billion in 2020 and is expected to hit $190.78 billion by 2030, registering a CAGR of 37.3% from 2021 to 2030.
The global 5G base station market is analyzed across type, network architecture, core network, operational frequency, end-user, and region. Based on type, the small cells segment accounted for the major share in 2020, holding nearly two-thirds of the global 5G base station market. The macrocells segment, on the other hand, would exhibit the fastest CAGR of 40.2% throughout the forecast period.
Based on region, the market across Asia-Pacific held the lion’s share in 2020, garnering more than one-third of the global market. The same region would also cite the fastest CAGR of 41.0% by the end of 2030. The other provinces studied in the report include Europe, North America, and LAMEA.
Download Sample Report (Get Full Insights in PDF – 348 Pages) at:
https://www.alliedmarketresearch.com/request-sample/14625
Based on network architecture, the 5G non-standalone segment generated the highest share in 2020, accounting for more than half of the global market. The 5G standalone segment, however, is projected to manifest the fastest CAGR of 39.8% from 2021 to 2030.
COVID-19 scenario-
- An increase in demand for mobile data traffic solutions across the world has impacted the global 5G base station market positively.
- Also, the rise in the trend of work from home drive has reinforced the growth even more.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/14625
Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.