According to a market report by Lucintel, the future of the global standalone 5G network market looks promising with opportunities in the manufacturing, automotive & transportation, enterprise/corporate, energy & utility, healthcare/hospital, and smart city markets. The global standalone 5G network market is expected to reach an estimated $8.2 billion by 2030 from $1.3 billion in 2024 at a CAGR of 35.4% from 2024 to 2030. The major drivers for this market are rising demand for high-speed connectivity, increasing global network operator spending in 5G SA infrastructure, as well as, growing demand across a range of end-use industries for smooth streaming, immediate connectivity, and real-time data transfer.
Lucintel forecasts that solutions is expected to witness the highest growth over the forecast period due to powerful deployment of fifth generation RAN and 5G core in multiple microcell and small cells base stations around the world.
Within this market, manufacturing is expected to witness the highest growth because with the SA 5G network's lower latency and greater dependability, advanced industrial automation technologies can be implemented, and it makes it possible to remotely monitor, operate, and synchronize equipment and processes in real time.
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APAC will remain the largest region over the forecast period due to growing the SA 5G network's implementation and uptake in nations including China, Japan, India, South Korea, Singapore, and Australia.
Telefonaktiebolaget LM Ericsson, T‑Mobile, Nokia, Vodafone, and Huawei Technologies are the major suppliers in the standalone 5G network market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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