Home › News Updates › Silicon Republic Mentions MarketsandMarkets as their Key Reference for 5G Infrastructure Market
MarketsandMarkets was recently recognized as the major source of information for 5G infrastructure market by Silicon Republic.
Increasing demand for mobile data services and high speed and large network coverage has boosted the demand for 5G network. The global 5G infrastructure market is expected to be worth USD 2.86 Billion in 2020, and it is further projected to reach USD 33.72 Billion in value by 2026, growing at a huge CAGR of 50.9% between 2020 and 2026. Rising demand for mobile data services, importance of software implementation in a communication network, growth of machine-to-machine (M2M) communication in industries, and increased demand for high speed and large network coverage are major factors propelling the growth of this market.
For More Details:
Report mentioned in the above news is,
5G Infrastructure Market by Communication Infrastructure (Small Cell, RAN, Macro Cell), Network Technology (SDN, NFV, MEC, FC), Chipset Type (ASIC, RFIC), Application (Automotive, Consumer Electronics, Retail), and Geography - Global Forecast to 2026
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