The Growth of the 5G Infrastructure Market in North America
By 2027, the 5G Infrastructure Market is expected to reach USD 47.78 billion, growing at a CAGR of 67.1%. The use of virtual networking architecture in telecommunications and lower latency in 5G are driving the market growth. The rise of IoT technology and demand from many business verticals have provided substantial potential for the 5G Infrastructure market, which are highlighted in the report. The market is divided into segments based on operational frequency (sub 6GHz & above 6GHz), end-users, region, core network (SDN & NFV), network architecture (standalone & non-standalone), and communication infrastructure (small cells & macro cells). Because of the region's adoption of cutting-edge technologies, increased demand for high-speed internet services, and expanding expenditures in 5G infrastructure, the Asia Pacific region is expected to dominate the market throughout the projection period. By Communication infrastructure, macro cell segment is projected to g