5G infrastructure refers to the infrastructure comprising various small and macro-cell base stations with edge computing capabilities. Macrocells are traditional cell towers that are used to serve a wide area. In a 5G network, network functions that run on hardware are visualized and run as software.

According to Verified Market Research, the global 5G infrastructure market was valued at USD 0.0028 Billion in 2020 and is projected to reach USD 49.64 billion by 2028, growing at a CAGR of 42.7% from 2021 to 2028.

The growth of 5G infrastructure is increasing due to its several advantages. Some of the prominent advantages of 5G infrastructure include higher efficiency than 3G and 4G and high-speed data transmission, which are driving the growth of the 5G infrastructure market.

Significant advancements in the field of telecommunications and development in the domain of the mobile network have directly influenced the growth of the 5G infrastructure market. With the global demand for high-speed data to boost the live streaming of videos, video calling, virtual reality, and augmented reality gaming are anticipated to fuel the demand for 5G infrastructure. On the other hand high investment and technological as well as infrastructure challenges in the implementation of 5G are anticipated to hamper the growth of the 5G lnfrastructure Market.

Despite several pros, high investment and technological as well as infrastructure challenges with respect to the implementation of 5G are anticipated to hamper the growth of the 5G infrastructure market. In addition to this, higher concerns related to privacy and security is hampering the growth of the market.

Key Developments in 5G lnfrastructure Market

• In October 2020, Intel expanded its lineup of hardware, software, and solutions for 5G network infrastructure
• In April 2020, Ericsson and Erillisverkot Group signed a partnership agreement to provide a public-safety communication network for delivering 5G core network hardware solutions.

The major players in the market are AT&T, Intel, Ericsson, Samsung, Cavium, Qualcomm, Cisco Systems, LG Electronics, Macom Technology Solutions, Mediatek, and NEC.

Verified Market Research has segmented the global 5G infrastructure market on the basis of core network technology, communication infrastructure, chipset type, application, and geography.