COVID-19 Impact on 5G Infrastructure Market

Market Leadership - COVID-19 Impact on 5G Infrastructure Market

Post COVID-19, the 5G Infrastructure market is estimated to grow from USD 12.6 billion in 2020 and projected to reach USD 44.9 billion by 2025, at a CAGR of 28.97%. The projection for 2025 is estimated to be down by 22.79% as compared to pre COVID-19 estimation. The major factors driving the growth of the global 5G infrastructure market is the need for high data transfer speed with low latency, increasing adoption of IoT devices, rising implementation of automation technologies across the end-user industries, and exponential rise in data traffic.

Partnerships and alliances are expected to play a big role in the development of 5G infrastructure ecosystem and its implementation worldwide. Even amid the COVID-19 outbreak, several supply chain members are forming strategic partnerships and alliances with a view to exploit its future applications and monetize 5G use cases. For instance, in March 2020, Marvell Semiconductor partnered with Intel to focus on silicon technology innovations for 5G New Radio (NR) and cloud infrastructure.

To know about the assumptions considered for the study download the pdf brochure

The exponential rise in data traffic, increasing demand for high bandwidth applications, rising adoption of connected devices, and increasing focus on the implementation of automation technologies, and emerging 5G applications in healthcare sector are expected to provide major opportunities to the 5G infrastructure market players in the coming years.

Some of the major players in the 5G infrastructure market are Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), Nokia Networks (Finland), Samsung Electronics Co., Ltd. (South Korea), and ZTE Corporation (China) among others.

Huawei Technologies Co., Ltd.

As of March 31 2020, Huawei Technologies have the highest 5G contract worldwide, It is on the path of becoming the market leader among 5G network equipment providers, primarily backed by of its R&D investment, product portfolio, market perception, and geographic reach. The market share of the company will increase in China, India, other developing countries due to low-cost 5G telecommunication equipment. Also, China telecom operators are preferring domestic telecommunication equipment providers for 5G network expansion.

Huawei is expected to present high treat to other vendors due to its price competitiveness and technological edge as it is the holder of the largest number of telecommunications equipment patents. Also, the company is among the only two firms that have the capability to provide total end-to-end 5G solutions, including chipsets, smartphones, base stations, virtualized solutions and the smartphones that run over 5G networks.

Ericsson

As of March 31, 2020, Ericsson (Sweden) held the second position in terms of 5G contracts worldwide. The company provides high-performing solutions for networks, IT & cloud, media, and telecom industries. The company aims to strengthen its position in the emerging 5G market with its offerings, as well as plans to expand and grow in utilities, transport, and public safety verticals. The company is aggressively adopting inorganic growth strategies, including agreements and partnerships. Ericsson have been benefitted from developed countries banning Chinese telecommunication providers including ZTE and Huawei. This will result in increasing market penetration of Ericsson in US, Japan, South Korea, and EU. However, its market penetration will decline in China, India, and other developing countries. During 2019, Ericsson announced 7 commercial 5G agreements with Middle East and African telecom operators including Etisalat UAE, Ooredoo Qatar, STC Saudi Arabia, Zain Bahrain, Batelco Bahrain, MTN South Africa and Mobily,

Related Reports:

COVID-19-Impact on 5G Infrastructure Market by Communication Infrastructure (Small Cell and Macro Cell), Core Network Technology Type (SDN and NFV), End-User (Commercial, Residential, Government, Industrial), and Region - Global Forecast to 2025

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 7601
RI Published ON
4/21/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the COVID-19 Impact on 5G Infrastructure Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved