According to our latest market study, titled "5G Network and Tower Deployment Market Forecast to 2028 – Global Analysis – by Component, Location, Frequency Band, and Small Cell Tower," the 5G network and tower deployment market is expected to grow from US$ 9,211.96 million in 2022 to reach US$ 17,785.55 million by 2028; it is anticipated to register a CAGR of 11.6% from 2022 to 2028.
The US accounted for the largest share of the North America 5G network and tower deployment market in 2021. One of the major reasons for the high contribution of the country is the presence of numerous 5G network providers, including Verizon, AT&T, T-Mobile, Comcast, and Dish, across the country. Verizon has been offering 5G broadband internet across 900 cities in the US since October 2018.
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AMERICAN TOWER CORPORATION, CROWN CASTLE INTERNATIONAL CORP, CTI TOWERS INC., DISH Network L.L.C., SBA Communications Corporation, CommScope Inc., Mavenir, Verizon Communications Inc, AT&T Inc., and Qualcomm Technologies Inc. are among the prominent 5G network and tower deployment market player.
5G network is the fifth-generation technology for broadband connections in the telecommunication industry. According to Groupe Speciale Mobile Association (GSMA), there will be more than 1.1 billion 5G network subscribers across the globe by 2025. There is a rising demand for advanced network services to enable efficient and real-time communication across industries and personal applications. The increase in investments by communication service providers (CSPs) and regional government bodies is further enhancing the development and deployment of 5G network services across developed and developing countries. Major 5G network solution providers operating across the globe include Verizon, AT&T, Huawei, Cisco Systems, Ericsson, and Nokia.
TABLE OF CONTENTS
· 5G Network and Tower Deployment Market Landscape
· 5G Network and Tower Deployment Market – Key Market Dynamics
· 5G Network and Tower Deployment Market – Global Market Analysis
· 5G Network and Tower Deployment Market – By Component
· 5G Network and Tower Deployment Market – By Location
· 5G Network and Tower Deployment Market Analysis – By Frequency Band
· 5G Network and Tower Department Market Analysis – By Small Cell Tower
· 5G Network and Tower Deployment Market – Geographic Analysis
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Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the 5G network and tower deployment market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the 5G network and tower deployment market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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Impact of COVID-19 Pandemic on Middle East & Africa 5G Network and Tower Deployment Market Players
The implementation of stringent measures such as factory lockdowns, business shutdowns, and travel bans aggravated the economic problems of the countries in the MEA, which hampered the 5G network and tower deployment market growth in the initial days of the pandemic. However, the growing digital transformation in the region has accelerated the outlook for the 5G network and tower deployment market players in the MEA from 2021.
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