5G Market Scope and Key Players Analysis by 2025
5G Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 2.56 Billion |
Market Size by 2025 | US$ 23.95 Billion |
Global CAGR (2020 - 2025) | 56.39% |
Historical Data | 2018-2019 |
Forecast period | 2021-2025 |
Segments Covered |
By Networking Infrastructure
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Players operating in the 5G market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2018, AT&T Signed an agreement with Crown Castle International Corp. for expanding and simplifying their continuing leasing agreement for wireless network infrastructure. This leasing operations and management are modernized for improving the flexibility and efficiency by deploying new technologies and increase network capacity.
- In 2018, Cisco announced its collaboration with Saudi Telecom Company (STC) for developing 5G communications systems and networks in Saudi Arabia. Under this agreement Cisco will transform the development of the commercial prospective of 5G mobile networks.