Security News > 2020 > May > 5G infrastructure market estimated to reach $44.9 billion by 2025

Post COVID-19, the 5G infrastructure market is estimated to grow from $12.6 billion in 2020 and projected to reach $44.9 billion by 2025, at a CAGR of 28.97%, according to ResearchAndMarkets.

The major factors driving the growth of the global 5G infrastructure market is the need for high data transfer speed with low latency, increasing adoption of IoT devices, rising implementation of automation technologies across the end-user industries, and exponential rise in data traffic.

5G infrastructure market in APAC to generate highest revenue between 2020 and 2025.

The 5G infrastructure market in APAC is expected to generate highest revenue during the forecast period.

Some of the major players in the global 5G infrastructure market are Ericsson, Huawei Technologies Co., Ltd., Nokia Networks, Samsung Electronics Co., Ltd., and ZTE Corporation among others.

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