5G Equipment Market Size to Grow by USD 24.26 Billion|32% of the growth to originate from North America | 17000+ Technavio Reports
NEW YORK, June 22, 2022 /PRNewswire/ -- The latest market analysis report titled 5G Equipment Market by Product and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report predicts the market to witness a potential growth difference of USD 24.26 billion from 2020 to 2025. The 5G equipment market is also anticipated to progress in an accelerating growth momentum at a CAGR of 66.62% during the forecast period. The adoption of 5G networks for smart cities and the growing R&D and deployment of 5G networks are a few factors influencing the market growth positively during the forecast period. However, the energy efficiency challenges in 5G small cell networks will emerge as one of the prominent factors hindering the market growth.
Macrocell The macrocell product segment held the largest 5G equipment market share in 2020. The segment will continue to account for the highest revenue throughout the forecast period. The growth of this segment can be attributed to the rising demand for high network bandwidth. Increasing demand for high-speed data services in larger areas is a major factor driving the demand for macrocells by telecommunications service providers. Macrocells are high-power network cells that provide radio coverage for cellular networks.
Small Cell
Others
Geography
North America 32% of the market's growth will originate from North America during the forecast period. The US is the market for the global 5G equipment market in North America. Market growth in this region will be faster than the growth of the market in regions. The significant increase in the adoption of cloud services by enterprises across industries in countries will facilitate the global 5G equipment market growth in North America over the forecast period.
The market is fragmented and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this 5G equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The global 5G equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Top 5G equipment companies covered in this report are:
Cisco Systems Inc.: This company offers various 5G equipment such as branch routers, Cisco SD-WAN, wireless and mobility wifi.
Fujitsu Ltd.: This company offers various 5G equipment such as Brocade 6520, Brocade 7810, Ethernet switch, SAN Backbone, and SAN extension.
Huawei Investment & Holding Co. Ltd.: This company offers various 5G equipment such as 5G MEC Solutions, 5G industry hotspots, and 5G digital power supply.
NEC Corp.: This company offers various 5G equipment such as 5G NEC Smart connectivity and 5G Network Massive MIMO Antenna.
Nokia Corp.: This company offers various 5G equipment such as Beacon 1, Beacon 2, and Beacon 6.
Technavio categorizes the global 5G equipment market as part of the communications equipment market. Our report provides extensive information on the value chain analysis for the global 5G equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The market report covers the following areas:
Exhibit 83: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 84: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 85: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 86: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 87: Telefonaktiebolaget LM Ericsson - Segment focus
10.12 ZTE Corp.
Exhibit 88: ZTE Corp. - Overview
Exhibit 89: ZTE Corp. - Business segments
Exhibit 90: ZTE Corp. - Key news
Exhibit 91: ZTE Corp. - Key offerings
Exhibit 92: ZTE Corp. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 93: Currency conversion rates for US$
11.3 Research methodology
Exhibit 94: Research Methodology
Exhibit 95: Validation techniques employed for market sizing
Exhibit 96: Information sources
11.4 List of abbreviations
Exhibit 97: List of abbreviations
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