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5G INFRASTRUCTURE MARKET

August 29, 2019

Internet of things (IoT) industry is rapidly evolving, which is driving the global 5G infrastructure market at a tremendous rate. Fortune Business Insights in a new report, titled "GLOBAL 5G INFRASTRUCTURE MARKET, SIZE, SHARE AND GLOBAL TREND BY COMPONENT (FIBERS, CABLES, ANTENNA, TRANSCEIVER, WIRELESS BACKHAUL, MODEM, ROUTER), COMMUNICATION INFRASTRUCTURE (SMALL CELL, MACRO CELL, RADIO ACCESS NETWORK (RAN), DISTRIBUTED ANTENNA SYSTEM (DAS), AND GEOGRAPHY FORECAST TILL 2026" suggests that the global market will rise at a whopping CAGR of 76.29% during the forecast period, 2018-2026. There is a skyrocketing demand for high speed internet among end-use industries. 5G infrastructure plays a crucial role while deploying high speed internet service. The analysts in the report predict that the global market is anticipated to reach US$ 50,640.4 Mn by 2026, as against US$720.6 Mn in 2018.

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Cloudnexa

Cloudnexa helps companies who want to realize the full utility power of cloud computing. With proven expertise in design, deployment and management of scalable, secure cloud infrastructures, Cloudnexa provides the necessary value added services and expertise customers need to realize the true cost savings and technical value proposition of the cloud. With no upfront cost, and no long term contracts, Cloudnexa’s Cloud Management as a Service (CMaaS) offering is unmatched by the competition and allows customers to only pay for services once they are consuming cloud. As an AWS authorized reseller and Premier Consulting Partner, Cloudnexa has been leading the Cloud Service Provider (CSP) experience with our revolutionary Cloud Management Suite (vNOC) and our CMaaS offering on Amazon Web Services. For more information visit www.cloudnexa.com.

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