5G System Integration Market Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2022-2029
5G System Integration Market, Trends, By Service (Consulting, Infrastructure Integration, and Application Integration), Application (Collaborate Robot, Industrial Sensors, Logistics & Inventory Monitoring, Wireless Industry Camera, Home and Office Broadband, Gaming and Mobile Media, Remote Patient & Diagnosis Management, Intelligent Power Distribution Systems, P2P Transfers, and Others), By Industry Vertical (Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, BFSI, Healthcare, Retail, and Others), and By Region
As per GMI Research analysis the 5G System Integration Market is slated to register a CAGR of 26.2% over the forecast period, till 2029.
To have an edge over the competition by knowing the market dynamics and current trends of “5G System Integration Market”, request for Sample Report here
Market Dynamic Key Drivers and Emerging Trends
Rising industrial digitization, growing demand for high-speed bandwidth capacity, and increasing deployment of upgraded network infrastructure across enterprises is expected to drive the growth of the 5G system integration market size. In addition, the rising adoption of digital technologies, including Internet of Things (IoT), the Industrial Internet of Things (IIoT), Machine Learning (ML), Artificial Intelligence (AI), cloud computing, big data, social media, wireless communication, and robotics among business enterprises is further propelling the demand for 5G system integration services during the forecast period. Moreover, according to the GSM Association, 5G connections is expected to reach 1.1 billion, some 12% of total mobile connections, by 2025 and the overall operator revenues to grow at a CAGR of 2.5% to reach $1.3 trillion in 2025. These factors are expected to boost the growth of the market.
Restraint in the 5G System Integration Market
However, rapid increase in the database over the cloud together with the rising security and privacy concern pertaining critical enterprise data and increasing incidents of cyber-attack and data breaches in business organizations is expected to restraint the growth of the market over the forecast period.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Service – Segment Analysis
Based on the service, the infrastructure integration segment is expected to account for a prominent share in the 5G system integration market. This can be attributed to the surging demand for the integration of legacy network infrastructure with the next-generation network infrastructure to access high bandwidth capacity with low latency and to reduce the overall response time for increasing operation efficiency. Various companies including Verizon Communication Inc., AT&T Inc., BT Group Plc, Vodafone Group Plc, and others are offering 5G infrastructure integration services, which is expected to contribute to the growth of the market.
Application – Segment Analysis
Based on the application, home and office broadband segment is estimated to hold a notable market share during the forecast period owing to the increasing adoption of IoT devices across smart cities and growing demand for enhanced Mobile Broadband (eMBB) connectivity among consumers and enterprises. Moreover, according to the World Bank, in 2018, around 51% of the global population use internet via a computer, mobile phone, personal digital assistant, games machine, and digital TV among others. This is further expected to boost the market growth.
Industry Vertical – Segment Analysis
Based on the industry vertical, the retail segment is anticipated to grow at a significant rate during the forecast period primarily due to the growing adoption of automation, IoT, and big data analytics in the retail sector and rising demand for seamless connectivity for a variety of applications including uninterrupted business network to handle peak time traffic, extreme personalization, AR/VR shopping experiences, real-time product tracking, access to central systems, and others. Additionally, according to the United Nations Conference on Trade and Development, the e-commerce sales reached $25.6 trillion globally in 2018, with an increase of 8% from the previous year. This is expected to support the market growth.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here
Regional – Segment Analysis:
Based on region, Asia-Pacific is anticipated to grow at high CAGR during the forecast period. This can be attributed to surge in the adoption of digital technologies, including, cloud computing, AI, IoT, and robots in manufacturing, retail, IT, and telecommunication industries. Moreover, according to the India Brand Equity Foundation (IBEF), the online penetration of retail is expected to reach 10.7% by 2024 versus 4.7% in 2019 and the e-commerce business in India is expected to reach $99 billion by 2024, growing at a CAGR of 27% over 2019. This is expected to propel the demand for advance high speed network, which thereby contributes to the growth of the 5G system integration market in Asia-Pacific.
Top Market Players
Several leading 5G System Integration companies operating in the market, include, Verizon Communication Inc., AT&T Inc., BT Group Plc, Vodafone Group Plc, Qualcomm Technologies, Inc., Oracle Corporation, International Business Machines Corporation, Cognizant Technology Solutions Corporation, Amdocs Limited, and Wipro Limited among others.
Key Developments:
-
- In 2021 Bharti Airtel Limited, one of the prominent Indian communications solutions provider, and Qualcomm Technologies, Inc. collaborated for accelerating 5G in India. Through Airtel’s network vendors and device partners, Airtel will utilize the Qualcomm 5G RAN Platforms to roll-out virtualized and Open RAN-based 5G networks.
Segments covered in the Report:
The global 5G system integration market has been segmented on the basis of service, application, industry vertical, and key regions. Based on service, the market is segmented into consulting, infrastructure integration, and application integration. Based on application, the market is segmented into collaborate robot, industrial sensors, logistics & inventory monitoring, wireless industry camera, home and office broadband, gaming and mobile media, remote patient & diagnosis management, intelligent power distribution systems, P2P transfers, and others. Based on industry vertical, the market is segmented into manufacturing, energy & utilities, media & entertainment, IT & telecom, BFSI, healthcare, retail, and others.
For detailed scope of the “5G System Integration Market Research Report” report request a Sample Copy of the report
Key questions answered in this research report:
-
- At what pace is global 5G System Integration Market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in 5G System Integration Market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global 5G System Integration Market?
- What is the Global 5G System Integration Market Size in 2021?
- Which service generated maximum revenues in 2020 and identify the most promising service during the forecast period?
- What are the various industry verticals of global 5G System Integration Market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Revenues (2021) |
USD Million |
Market Base Year |
2021 |
Market Forecast Period |
2022-2029 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Service, By Application, By Industry Vertical, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Verizon Communication Inc., AT&T Inc., BT Group Plc, Vodafone Group Plc, Qualcomm Technologies, Inc., Oracle Corporation, International Business Machines Corporation, Cognizant Technology Solutions Corporation, Amdocs Limited, and Wipro Limited among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global 5G System Integration Market by Service
-
- Consulting
- Infrastructure Integration
- Application Integration
Global 5G System Integration Market by Application
-
- Collaborate Robot
- Industrial Sensors
- Logistics & Inventory Monitoring
- Wireless Industry Camera
- Home and Office Broadband
- Gaming and Mobile Media
- Remote Patient & Diagnosis Management
- Intelligent Power Distribution Systems
- P2P Transfers /mCommerce
- Others
Global 5G System Integration Market by Industry Vertical
-
- Manufacturing
- Energy & Utilities
- Media & Entertainment
- IT & Telecom
- BFSI
- Healthcare
- Retail
- Others
Global 5G System Integration Market by Region
-
- North America 5G System Integration Market (Option 1: As a part of the free 25% customization)
- By Service
- By Application
- By Industry Vertical
- US Market All-Up
- Canada Market All-Up
- Europe 5G System Integration Market (Option 2: As a part of the free 25% customization)
- By Service
- By Application
- By Industry Vertical
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
- Asia-Pacific 5G System Integration Market (Option 3: As a part of the free 25% customization)
- By Service
- By Application
- By Industry Vertical
- China 5G Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
- RoW 5G System Integration Market (Option 4: As a part of the free 25% customization)
- By Service
- By Application
- By Industry Vertical
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
- North America 5G System Integration Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the 5G System Integration Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
-
- Verizon Communication Inc.
- AT&T Inc.
- BT Group Plc
- Vodafone Group Plc
- Qualcomm Technologies, Inc.
- Oracle Corporation
- International Business Machines Corporation
- Cognizant Technology Solutions Corporation
- Amdocs Limited
- Wipro Limited
Frequently Asked Question About This Report
5G system integration market [UP2211-001001]
Rising industrial digitization, growing demand for high-speed bandwidth capacity, and increasing deployment of upgraded network infrastructure across enterprises are major factors driving the growth of the 5G system integration market.
The infrastructure integration segment is expected to account for a prominent share in the 5G system integration market. This can be attributed to the surging demand for the integration of legacy network infrastructure with the next-generation network infrastructure to access high bandwidth capacity with low latency and to reduce the overall response time for increasing operation efficiency.
The retail segment is anticipated to grow at a significant rate during the forecast period primarily due to the growing adoption of automation, IoT, and big data analytics in the retail sector and rising demand for seamless connectivity for a variety of applications including uninterrupted business network to handle peak time traffic, extreme personalization, AR/VR shopping experiences, real-time product tracking, access to central systems, and others.
The growth rate of 5G System Integration Market during forecast period is 26.2%.
- Published Date: Aug - 2021
- Report Format: Excel/PPT
- Report Code: UP2211-001001
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
5G System Integration Market Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2022-2029
$ 4,499.00 – $ 6,649.00