5G Network and Tower Deployment Market Analysis, Trends, and Scope 2023 to 2028
5G Network and Tower Deployment Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 10.27 Billion |
Market Size by 2031 | US$ 26.19 Billion |
Global CAGR (2023 - 2031) | 12.4% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
5G Network and Tower Deployment Market News and Recent Developments
The 5G network and tower deployment market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the 5G network and tower deployment market are listed below:
- American Tower deployed a private 5G standalone network, enabling edge cloud applications at Miracle Mile Shops, a top retail and entertainment destination in Las Vegas. Miracle Mile Shops is an ideal venue to trial and showcase innovative 5G use cases unique to the in-building environment and retail space. The company joined forces with an ecosystem of technology partners to launch this cutting-edge network and support digital transformation at the property. (Source: American Tower, Press Release, December 2023)
- One Communications and Ericsson launched the first commercial 5G network in Bermuda and one of the first 5G deployments in the Caribbean, with an initial deployment covering geographically 75 percent of the island. In this first phase, the 5G network was activated in the capital city, Hamilton, followed by a gradual roll-out to the rest of the territory. As a front runner in the Caribbean on the deployment of the fifth generation of mobile network technology, One Communications is utilizing the Ericsson Radio System and Ericsson Cloud Core products and solutions, including Packet Core, Policy and Unified Data Management, promises to improve the mobile user experience and boost the digital transformation in Bermuda. (Source: Ericsson, Press Release, December 2023)
5G Network and Tower Deployment Market Report Coverage and Deliverables
The “5G Network and Tower Deployment Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- 5G network and tower deployment market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- 5G network and tower deployment market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- 5G network and tower deployment market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the 5G network and tower deployment market
- Detailed company profiles