5G Network and Tower Deployment Market Growth Report 2028

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Report Code TIPRE00013527   No. of
Pages 208   Category Electronics and
Semiconductor 

• 5G Network and Tower Deployment Market Size,
  Growth, Industry Analysis By Forecast 2028

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• 5G Network and Tower Deployment Market Insights

The 5G network and tower deployment market is
expected to grow from US 9211.96 million in 2022
to US 17,785.55 million by 2028 it is estimated
to grow at a CAGR of 11.6 from 2022 to
2028. The surging adoption of automation and the
increasing need for efficient and real-time
communication systems across various industries
such as retail, manufacturing, healthcare,
education, and utilities are further contributing
to the rise in the adoption of 5G network
services across the region. For instance, in
September 2020, Virginia Roadways deployed C-V2X
Communication Technology by Qualcomm
Technologies, Inc. to enhance roadside and
vehicle safety across the state. Similarly, in
April 2020, ATT sped up its 5G cell tower
deployment to support medical facilities with
enhanced connectivity. These factors are further
contributing to the 5G network and tower
deployment market growth. The adoption of
automation is at the forefront across countries
in North America. The automation capabilities
across the region are rapidly expanding to
address various concerns such as operational
efficiency, reduced human risk, and minimized
production time. The major industries in North
America, including retail, oil gas, utilities,
agriculture, manufacturing, healthcare, and
education, are integrating automation into their
business processes. With the rise in the adoption
of automation across these industries, the
integration and demand for 5G technologies have
also increased. The figure given below represents
the 5G contribution by industries by 2030,
according to the mobile economy report 2022,
published by GSMA.
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• MARKET SEGMENTATION

Global 5G Network and Tower Deployment Market
By Component Small Cell, 5G Mobile Core
Network, Radio Access Network Global 5G Network
and Tower Deployment Market By Location Ground
Tower Rooftop Tower Global 5G Network and Tower
Deployment Market By Frequency Band Low
Band, Medium Band, High Band Global 5G Network
and Tower Deployment Market By Frequency
Band Femto Cells, Pico Cells, Micro Cells
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• REGIONAL INSIGHTS

Countries in North America, such as the US and
Canada, have a large number of market players
from the aforementioned industries. These players
are constantly investing in the adoption of new
and advanced technologies to reduce their overall
costs and enhance operational efficiency. Thus,
these factors are expected to contribute to the
growth of the 5G network and tower deployment
market size over the forecast period. The South
America 5G network and tower deployment market is
segmented into Brazil, Argentina, and the Rest of
South America. Economies in South America have
progressed at a faster rate on average than the
economies of developed countries in the last 15
years. However, they still lag in terms of
technological advancements when compared to other
regions. The deployment of 5G networks represents
a significant opportunity for development in
South America. Chile became the first country in
South America to include the 5G network
throughout its national territory in 2021. Brazil
is expected to have South America's largest 5G
network coverage by 2025. There have been
commercial 5G launches in countries such as
Colombia, Brazil, Peru, and Puerto Rico. For
instance, according to the Telefonaktiebolaget LM
Ericsson, the digitalization of industries in
South America would be worth more than US 21
billion annually. According to 5G Americas, 18 5G
networks are currently operating in South
America. 5G is expected to represent 43 of
mobile subscriptions in Latin America by the end
of 2026. Furthermore, investments in 5G networks
are increasing continuously. For instance, GSMA
estimated that 5G investments will peak by 2025.
Mobile operators invested US 11.3 billion in
2020, which is expected to rise to US 13 billion
in 2025. Overall investments between 2020 and
2025 are expected to reach US 73 billion.
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• REGIONAL INSIGHTS

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• Key findings of the study

• In the last couple of years, North America has
  experienced a rise in the adoption of advanced
  network technologies for residential, commercial,
  and industrial applications. This rise in demand
  for such technologies has influenced the growing
  service offerings by network service providers
  across the region. Major 5G network providers in
  North America include Disk, C Spire, UScellular,
  T-Mobile, ATT, and Verizon.
• T-Mobile launched its 5G network services across
  North America on December 2, 2019. The Metro by
  T-Mobile prepaid service started offering access
  to their network on December 6, 2019.
• UScellular started offering its 5G network
  services on March 6, 2020. The services are
  offered across various states of the US, such as
  Wisconsin, Maine, California, Oregon, Iowa,
  Oklahoma, North Carolina, and Washington.
• Thus, the rising offering of 5G services by
  numerous network service providers is driving the
  5G network and tower deployment market size in
  North America.
• The 5G network and tower deployment market
  players focus on developing advanced and
  efficient systems. For instance
• In 2022, Reliance Jio awarded a contract to Nokia
  to provide 5G Radio Access Network (RAN) hardware
  for 5G rollout across India.
• In 2022, ZTE entered into a contract with China
  Mobile to start its trial for 5G network
  deployment for industrial applications.

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• REPORT HIGHLIGHTS

• Our report on Accounting Software Market cover
  following key parameters
• Comprehensive market analysis at global, regional
  and country level
• Detailed PEST (Political, Economic, Social and
  Technological) factors impacting the market
  across key geographic regions such as North
  America, Europe, Asia Pacific, Middle East
  Africa, and South America
• Market dynamics (drivers, restraints,
  opportunities, and future trends) and impact
  analysis of drivers and restraints at short-term,
  mid-term and long-term
• Market size and forecasts in terms of revenue
  2018 (historic), 2019 (base year), 2019 27
  (forecast period)
• In-depth market segmentation and deep dive
  regional and country level analysis of 18
  countries across 5 key regions
• Key company profiles and industry landscape to
  provide latest market initiatives and competitive
  landscape
• Impact of COVID19 pandemic on ecosystem and the
  market

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• REPORT HIGHLIGHTS

The Insight Partner's dedicated research and
analysis team consist of experienced
professionals with advanced statistical expertise
and offer various customization options in the
existing study.
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