Communication service providers operating in mature markets have accelerated 5G development in 2020 and 2021, so 5G will account for 39% of total wireless infrastructure revenue this year. In addition, 5G is the fastest growing segment in the wireless infrastructure market. Such conclusions are contained in a report prepared by Gartner specialists.
“The COVID-19 pandemic has dramatically increased demand for an optimized, ultra-fast broadband connection to work from home and support other bandwidth-hungry applications such as video streaming, online games and social media apps,” says Michael Porowski. Michael Porowski), senior analyst at Gartner.
In 2020, the total revenue from network infrastructure was $ 46.36 billion. It is expected to reach $ 48.82 billion this year and $ 49.85 billion in 2022. At the same time, revenue from 5G network infrastructure, last year amounted to $ 13.77 billion, this year is projected equal to $ 19.13 billion, and in the future – $ 23.25 billion. By comparison, revenue from 4G and LTE network infrastructure, which stood at $ 17.13 billion last year, is projected to decline to $ 14.57 billion this year and to $ 12.11 billion in the future. In the case of 3G and 2G infrastructure, these values are $ 17.13, 14.57 and 12.11 billion, respectively.
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