The 5G base station market outlook appears extremely positive. Factors such as increasing 5G deployments due to the ever-rising demand for rapid digitization and faster data transmission foster market growth. Also, the demand for additional networks supporting the building of future technologies substantiates the market size.
With the growing need for improved communication systems, the market is expected to witness significant revenue gains during the next few years. In this regard, Market Research Future (MRFR) asserts that the global 5G base station market would grow at a colossal CAGR during the forecast period (2020 – 2027).
Additionally, the rising adoption of public cloud-based IT services is a major driving force behind the market growth. All these factors commutatively drive the 5G base station market share. The market is expected to demonstrate vast growth potential and witness rampant growth in the years to come.
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5G Base Station Market – Segments
The report is segmented into frequency, MIMO, type, end-user, and region. The frequency segment is sub-segmented into 410 MHz to 7125 MHz and 24.25 GHz to 52.6 GHz. The MIMO segment is sub-segmented into single-user MIMO and multi-user MIMO. The type segment is sub-segmented into time division duplex (TDD) and frequency division duplex (FDD). The end-user segment is sub-segmented into residential, commercial, urban, and rural. The region segment is sub-segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and the rest of the world.
5G Base Station Market – Regional Analysis
North America dominates the global 5G base station market. The largest market share attributes to large research & development activities for 5G technology and network design/ deployments. Besides, the strong presence of major market players and high adoption of new advanced technologies, such as Internet of Things (IoT), wearables, and autonomous/connected cars, foster the market size. Heavy investments in building 5G base stations and developing 5G and cloud technologies boost the market share.
Global 5G Base Station Market - Competitive Analysis
Fiercely competitive, the 5G base station market appears fragmented due to the competitive landscape formed by many notable players and the new entrants. Product launch, agreement & partnership, M&A, and expansion are some of the strategic initiatives traced from the recent proceedings in the market.
Major Players
Players leading the 5G base station market include;
- SAMSUNG (South Korea)
- Huawei Technologies Co. Ltd. (China)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Intel Corporation (US)
- Nokia (Finland)
- Qualcomm Technologies Inc. (US).
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Industry/ Innovation/ Related News
Oct. 18, 2021 --- PowerLight Technologies announced its partnership with Ericsson to power up a 5G base station using a laser system rather than a wired electrical connection, leading to faster 5G deployments. The system could enable faster rollouts of base stations without wired power in emergencies or support temporary uses like festivals and sporting events.
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