LONDON--(BUSINESS WIRE)--The 5G equipment market is expected to grow by USD 11.75 billion, progressing at a CAGR of over 48% during the forecast period.
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The adoption of 5G networks for smart cities is one of the major factors propelling market growth. However, factors such as energy efficiency challenges in 5G small cell networks will hamper market growth.
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5G Equipment Market: Product Landscape
Increasing demand for high-speed data services in larger areas is a major factor driving the demand for macrocells by telecommunications service providers. With an increase in the number of smart city projects, the number of macrocells deployed for 5G networks is also expected to increase globally. Moreover, the price of macrocells is higher compared to the other 5G equipment, which leads to a higher revenue generation through macrocells. Thus, the global 5G equipment market is dominated by macrocells. However, market growth in this segment will be slower than the growth of the market in the small cell and other segments.
5G Equipment Market: Geographic Landscape
North America was the largest 5G equipment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing adoption of wireless technologies in the US will significantly drive 5G equipment market growth in this region over the forecast period. 33% of the market’s growth will originate from North America during the forecast period. The US is a key market for 5G equipment in North America. Market growth in this region will be faster than the growth of the market in MEA and South America.
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Companies Covered:
- Cisco Systems Inc.
- Fujitsu Ltd.
- Huawei Investment & Holding Co. Ltd.
- NEC Corp.
- Nokia Corp.
- Qorvo Inc.
- Qualcomm Inc.
- Samsung Electronics Co. Ltd.
- Telefonaktiebolaget LM Ericsson
- ZTE Corp.
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- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Macrocell - Market size and forecast 2019-2024
- Small cell - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Cisco Systems Inc.
- Fujitsu Ltd.
- Huawei Investment & Holding Co. Ltd.
- NEC Corp.
- Nokia Corp.
- Qorvo Inc.
- Qualcomm Inc.
- Samsung Electronics Co. Ltd.
- Telefonaktiebolaget LM Ericsson
- ZTE Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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