Impact of COVID-19 on Global 5G Infrastructure Market By Communication Infrastructure (Small Cell, Macro Cell and Radio Access Network); By Core Network (SDN, FC, MEC and NFV); By Network Architecture (Standalone & Non-standalone); By End User(Residential, Commercial, Industrial and Government)and Region – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030

Market Overview

5G technology is anticipated to offer a positive technological transition by adding digital intelligence to previous analog technologies. 5G infrastructure is a modern, advanced mobile broadband network technology that serves the internet of the future. 5G is the evolution of 4G networks, and also a step in the modern world and digital economies. The 5G infrastructure is projected to become the "nerve framework" in the ICT sector. It offers the ultra-high broadband network which has numerous applications in various sectors such as automotive, manufacturing, and healthcare. Consumption growth in the 5G infrastructure is augmented by the emergence of M2M / IoT connections and increased demand for mobile broadband services.

Market highlights

The 5G infrastructure is valued at USD 790 million in 2019 and is anticipated to cross USD 55,000 million by 2030, at a CAGR of 70%. But with the advent of COVID 19, the market is expected to see hindrance in its growth in the starting years of the forecast period of 2020-2030. As soon as the condition normalizes the 5G infrastructure market is anticipated to show growth higher than ever imagined. The key driving factors in the long term are lower 5G latency, growing acceptance of virtual telecommunications networking infrastructure, and an increase in mobile data traffic. The 5G infrastructure market is expected to see significant development, especially in developing economies due to higher government regulations on 5G implementation and smart city development in emerging economies such as Asia-Pacific and MENA.

5G Infrastructure Market Expected Market Growth

Recent Highlights in 5G Infrastructure Market

• Dish Network confirmed the completion of Boost Mobile's $1.4 billion acquisition, one of the conditions for the government's approval of the T-Mobile / Sprint merger. Dish formally joins the wireless retail industry with the deal fully signed, serving more than 9 million customers.
• Ericsson closed on the acquisition of the Kathrein antenna and filter division for an unspecified amount, noting the rising value of advanced active and passive 5G antennas.

5G Infrastructure Market: Segments

NFV Retained the largest portion of the 5G infrastructure market in 2019

The NFV is designed to allow a network operator to readily access various network functions via software that can be run on standard server hardware and can be easily transferred or installed in different network locations as required without the need to install new hardware components. The network operator won't need to purchase specialized or application-specific hardware equipment to build, connect, or deliver new services any longer. Due to these factors in the 5 G network environment, NFV is suitable.

5G Macro Cell-Based communication to provide the highest revenue in the forecast period of 2020-2030

Macrocells have cellular network radio coverage and form the majority of 4G/5G data traffic. Although macro cell sites are costly to deploy, they produce a greater average gross margin compared to small cells. As one macrocell has the ability to cover many small cells.

COVID-19’s effect on macrocells is supposed to be strong, as operators aim to reduce their capital expenditure to remain in the growth stage. Nevertheless, the COVID-19 crisis has made service providers understand the true value of automation, IoT, and digitalization, which are now expected to intensify their focus on introducing 5 G wireless technology through their facilities, contributing to aggressive macrocell deployment during 2020-2030.

5 G Standalone (NR + Core) to advance in 5G infrastructure market at higher CAGR during the forecast period

5G Standalone (SA) refers to an autonomous 5G network. 5G SA network consists of new radio and core, offering end to end consumers with a 5G experience. The SA network will interoperate with the current 4G or LTE network to provide continuity of operation between the two types of networks. 5G Core uses a cloud-based application-based architecture (SBA) that facilitates integration with control plane functions, reusability, open connections, and device discovery covering all functions.

The Industrial End User category is anticipated to have the fastest growth in the demand for 5G services

5G implementation in the commercial sector is currently in its development stage. A 5G network is projected to play a critical role in the retail, healthcare, aerospace & defense, industrial, automotive, and many other sectors due to growth opportunities in IoT and M2M communications technologies.

5G Infrastructure Market: Drivers and Restraints

Drivers

The basis for Automotive & Transport Sector Development

With the launch of 5 G technology, the automotive & transportation market is projected to be significantly affected. With the assistance of new 5G technology, autonomous vehicles are expected to become a reality in the coming years. The current 4 G network is compatible with the sharing of status updates, real-time information, and request rides. That provides businesses like Uber and Lyft with a forum. Nevertheless, 4G cannot help high-speed technology and grant automobiles spontaneous human-like reflexes. It is here that 5G comes into the frame.

Speed, Efficiency, and Coverage

5G technology implementation has many benefits, such as high-speed data transfer, wider network coverage, and higher reliability compared to 3G and 4G. The 5G wireless network is intended to be the foundation of smart cities, rise in government initiatives to develop such smart cities is expected to provide the lucrative business potential for 5G Infrastructure. 5G can improve and enhance the mobile experience with reduced latency, low cost-per-bit, and reliable data rates. Real-time gaming, with 5G technology, AR, VR and MR would have a major impact.

Restraint
Challenges as Pertaining to Infrastructure and investment

High investment needed in technology & infrastructure challenges in 5G network application and privacy & security concerns is impeding market growth for 5G infrastructure. Underdeveloped countries and remote areas do not have the enabling IT infrastructure and strong investment requirements of 5G networks. In underdeveloped countries, some remote areas even lack the 3G and 4G base. With COVID 19 the countries that were taking steps to grow the market of 5G infrastructure also had to focus a d provide crucial resources to control COVID 19.

COVID 19 Impact on 5G Infrastructure Market

It was noted that most of the products currently in use are not assisted by 5G technology, and with COVID 19, further growth in the 5G is expected to be disrupted in the coming years. Most manufacturers of smart devices have stopped the manufacturing of devices due to the lockout that affected the demand for 5G technology in 2020. Additionally, due to the pandemic, delay in launching the 5G spectrum is expected to affect the market. Many telecom authorities around the globe from different countries have delayed the 5G spectrum and rollout program in their countries, thus affecting the 5G network sector. The Indian government, for example, has delayed auctioning of the 5G spectrum. Such decisions taken at the time of the pandemic by the telecom authorities are expected to hamper business growth in the forecast timeframe of 2020-2030. Also, the disruption of the supply chain of 5G technology manufacturing products is expected to influence the demand for 5G technology in the forecast period.

5G Infrastructure Market: Regions

5G Infrastructure Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

In terms of R&D investments in 5G technology, network design/deployment, and the participation of major industry participants, North America is one of the leading markets for 5G networks. North America is well known for its high rate of adoption of emerging advanced technologies, including the Internet of Things (IoT), wearable tech, autonomous car / connected vehicles. 5G addresses the secure and fast communication needed for these technologies. Therefore it is realistic to expect high growth prospects for the aforementioned sector in North America.

Asia-Pacific is projected to have the highest growth rate with a significant market share in the forecast period. The growth of the Asia-Pacific market is driven by growing government initiatives to develop smart cities in Asia-Pacific and long-term investments in smart technologies. In addition, numerous technological advances related to automotive, aerospace & defense, manufacturing due to government initiatives such as R&D investments further accelerate market development.

5G Infrastructure market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

5G Infrastructure Market: Key Players

• Ericsson (Sweden)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Huawei (China)
• Samsung (South Korea)
• Nokia Networks (Finland)
• ZTE (China), NEC (Japan)
• CISCO (US)
• CommScope (US)
• Comba Telecom Systems (Hong Kong)
• Alpha Networks (Taiwan)
• Siklu Communication (Israel)
• Mavenir (US)
• Other Prominent Players

The 5G Infrastructure Market report also contains analysis on:

• 5G Infrastructure Market Segments:
• By Communication Infrastructure
• Small Cell
• Macro Cell
• Radio Access Network
• By Core Network Technology
• Fog Computing (FC)
• Software-Defined Networking (SDN)
• Mobile Edge Computing (MEC)
• Network Functions Virtualization (NFV)
• By Network Architecture
• 5G NR Non-Standalone (LTE Combined)
• 5G Standalone (NR + Core)
• By end User
• Residential
• Commercial
• Industrial
• Government
• 5G Infrastructure Market Dynamics
• 5G Infrastructure Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market