5G Equipment Market: North America to Occupy 32% Market Share | Macrocell Segment to be Significant for Revenue Generation | Technavio
NEW YORK, July 6, 2022 /PRNewswire/ -- The "5G Equipment Market by Product (macrocell, small cell, and others) and Geography (North America, Europe, APAC, MEA, and South America) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The 5G equipment market size is expected to increase by USD 24.26 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 66.62%. 32% of the market's growth will originate from North Americaduring 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.
5G Equipment Market: Segmentation Analysis
The 5G equipment market report is segmented by Product (macrocell, small cell, and others) and Geography (North America, Europe, APAC, MEA, and South America).
Revenue Generating Segment:
The global 5G equipment market share growth by the Macrocell segment will be significant during the forecast period. With the growing urbanization, cities are expanding rapidly. As a result, the demand for greater coverage for wireless connectivity is increasing.
The demand for high network bandwidth is also growing. 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.
The global 5G equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The global 5G equipment market report offers information on several market vendors, including Cisco Systems Inc., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., NEC Corp., Nokia Corp., Qorvo Inc., and Qualcomm.
Few companies with key offerings:
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.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
5G Equipment Market: Key Market Dynamics
Market Driver - The adoption of 5G networks for smart cities and growing adoption of smartphones and the demand for better connectivity are some of the key market drivers.
Market Challenges - The factors such as energy efficiency challenges in 5G small cell networks will challenge market growth.
Get ready to achieve excellent business outcomes from this exclusive 5G Equipment Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the 5G Equipment Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our 5G Equipment Market Forecast Report - Buy Now!
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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