According to a market report by Lucintel, the future of the global standalone 5G network market looks promising with opportunities in the manufacturing, automotive & transportation, enterprise/corporate, energy & utility, healthcare/hospital, and smart city markets. 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. The major drivers for this market are the 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.A more than 150-page report to understand trends, opportunity and forecast in standalone 5G network market to 2030 by component type (solutions and services), spectrum (sub-6 ghz and mmwave), network (public and private), end use (manufacturing, automotive & transportation, enterprise/corporate, energy & utilities, healthcare/hospitals, smart cities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the component type category, solutions are expected to witness the highest growth over the forecast period due to the powerful deployment of fifth-generation RAN and 5G core in multiple microcells and small cell base stations around the world.
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APAC is expected to witness the largest growth over the forecast period due to growing the SA 5G networks implementation and uptake in nations including China, Japan, India, South Korea, Singapore, and Australia.
Telefonaktiebolaget LM Ericsson, T‑Mobile, Nokia, Vodafone, Huawei Technologies are the major suppliers in the standalone 5G network market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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