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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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