5G INFRASTRUCTURE MARKET ANALYSIS

Market Challenges And Opportunities

Market Drivers and Restraints

5G is a key enabler for the futuristic digital world. It offers ultra-high broadband infrastructure, for application in various sectors such as healthcare, automotive, and manufacturing. Increasing number of connected devices plays a key role in growth of the 5G infrastructure market. According to Coherent Market Insights, the installed base of Internet of Things devices was 18 billion units in 2016 and is projected to reach 75 billion units by 2025. Integration of sensors in various applications such as automation, automotive, consumer electronics, healthcare, infrastructure maintenance, and smart metering and utilities in turn increases demand for robust and energy-efficient connectivity technologies such as 5G. 5G is a key enabler for Internet of Things by offering a platform to connect a number of devices to the internet. Moreover, government initiative plays a major role for growth of the 5G infrastructure market. For instance, China government is expected initiate commercial rollouts by 2020. With 3,400–3,600 MHz band, the country’s first trials will be conducted in 2020. The 3,300–3,400 MHz, 4,400–4500 MHz, and 4,800–4,990 MHz bands are also under consideration. For high internet speeds, China government has plans on using spectrum around 25 gigahertz and 40 gigahertz frequencies.