Global standalone 5G network market to hit $8.2 billion by 2030 – Communications Today

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The global standalone 5G network market is expected to reach an estimated $8.2 billion by 2030 with a CAGR of 35.4% from 2024 to 2030, according to Research and Markets.

The major drivers for this market are rising demand for high-speed connectivity, increasing global network operator spending in 5G SA infrastructure, as well as, growing demand across a range of end-use industries for smooth streaming, immediate connectivity, and real-time data transfer.

The future of the market looks promising with opportunities in the manufacturing, automotive & transportation, enterprise/corporate, energy & utility, healthcare/hospital, and smart city markets.

The study includes a forecast for the global standalone 5G network by component type, spectrum, network, end use, and region.

Standalone 5G Network Market Insights

  • 5G solutions expected to witness the highest growth over the forecast period due to powerful deployment of fifth generation RAN and
  • 5G core in multiple microcell and small cells base stations around the world.
  • APAC will remain the largest region over the forecast period due to growing the SA 5G network’s implementation and uptake in nations including China, Japan, India, South Korea, Singapore, and Australia.

Features of the Global Standalone 5G Network Market

  • Market Size Estimates: Standalone 5G network market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Standalone 5G network market size by component type, spectrum, network, end use, and region in terms of value ($B).
  • Regional Analysis: Standalone 5G network market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different component type, spectrum, network, end use, and regions for the standalone 5G network market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the standalone 5G network market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Research and Markets

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