Global 5G equipment market was valued at US$ 368.31 Million in 2020 and is expected to reach US$ 5983.04 Million by 2030. The primary market participants include Analog Devices, AT&T, China Mobile Ltd., Cisco, Ericsson, Fujitsu, Huawei Technologies, Intel, KT Corp., NEC Corporation, Nokia, NTT DOCOMO, Orange Business Services, Qualcomm, Samsung, Singtel, SK Telecom, Telenor, Verizon, Vodafone and ZTE among others.

5G is fifth generation wireless broadband technology which operates with a 5-gigahertz signal and delivers speeds more than the earlier technologies. 5G technology offers lower latency to be more responsive, the ability to connect numerous smart devices at once and greater speed to move more data. This technology is the key constituent in establishing a connected society by enabling instant communication by enabling universal connectivity to every connected gadget and to empower real-time and reliable communication.

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5G Equipment Market, by Type

Increasing use of tablets and cell phones, growth in demand for network connectivity to get access to connected amenities and growing demand for managing networking competences to provide strong networking solutions for smart applications, are responsible for driving the 5G equipment market. However, the surge in security concerns and increase in security in regards to validation, encryption, and legalization additionally increase the operational costs. This limits the market development. Moreover, NFV and SDN enable telecom bearers to limit their reliance on hardware network equipment and move their focus on server-based infrastructure, displaying a noteworthy opportunity for the market.

The factors driving the global 5G equipment market are the increasing demand for high speed data connectivity across the globe and rising demand for broadband services over mobile networks. Growth in social media usage, cloud computing and rise in digital media being sent and received across the internet require high speed data connectivity.

5G Equipment Market, by Application

On the basis of application consumer electronics segment held the major share in the year 2017 and is expected to follow a similar trend during the forecast period. This growth is led by the growing penetration of 5G enabled consumer electronics gadgets in the market after its commercialization.

5G Equipment Market, by Region

North America dominated the market in the recent past and is anticipated to follow a similar trend during the forecast period. Increasing dependency on internet of things (IoT) products and services, data analysis and cloud platforms to enhance business productivity drives the market in the region. The government initiatives to speed up regulations pertaining to 5G in this region has led to the rapid growth of 5G equipment market in North America. 

5G Equipment Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.

The Global 5G Equipment Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.

Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.

Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.

5G Equipment Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)

This research provides detailed information on the major factors influencing the 5G Equipment market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.

The 5G Equipment market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global 5G Equipment market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.

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