NEW YORK, Sept. 17, 2021 /PRNewswire/ -- The 5G equipment market is poised to grow by $ 24.26 bn during 2021-2025, progressing at a CAGR of 67% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know exact growth variance and the Y-O-Y growth rate.
The surging adoption of 5G networks for smart cities, growing adoption of smartphones and demand for better connectivity, and increasing government initiatives for high-speed network connectivity will offer immense growth opportunities. However, energy efficiency challenges in 5G small cell networks, the threat of cybersecurity breach, and the high deployment cost of 5G technology will challenge the growth of the market participants.
5G Equipment Market 2021-2025: Segmentation
5G Equipment Market is segmented as below:
Learn more about the additional trends impacting the future of market and the positive and negative consequences on the businesses., download a free sample:
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5G Equipment Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our 5G equipment market report covers the following areas:
This study identifies government initiatives for high-speed network connectivity as one of the prime reasons driving the 5G equipment market growth during the next few years.
5G Equipment Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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, and ZTE Corp. are some of the major market participants. Backed with competitive intelligence and benchmarking, our research reports on the 5G Equipment Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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5G Equipment Market 2021-2025: Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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