Tuesday, May 26, 2020

5G Infrastructure Market Will Reach $496 Billion in 2027, Grand View Research Says

The global 5G infrastructure market size is estimated to reach USD 496.6 billion by 2027, registering a CAGR of 106 percent from 2020 to 2027, according to a new study by Grand View Research. Most of that spending will be driven by public network mobile service providers, but some will be for support of private networks operated by enterprises. 


In the contest of past mobile capex in the range of $354 billion annually, that suggests 5G capex will constitute virtually all mobile capex by 2027. 


The radio access network segment is estimated to reach a market size of USD 214.7 billion by 2027, expanding at a CAGR of 112 percent from 2020 to 2027, Grand View Research says. 


The sub-6 GHz segment is expected to account for the largest market size of USD 302.4 billion by 2027, largely attributed to the focus by governments on releasing sub-6 GHz frequency bands.


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