5G Wireless Network Infrastructure Revenue to Double Over the Next Year
According to leading market research and advisory company, Gartner, the worldwide 5G wireless network infrastructure revenue will reach $4.2 billion by 2020, an 89% increase from 2019 with revenues of $2.2 billion. Additionally, Gartner forecasts that investments in 5G NR network infrastructure will account for 6% of the total wireless infrastructure revenue of communications service providers (CSPs) in 2019, and that this figure will reach 12% in 2020.
According to Sylvain Fabre, the Senior Research Director at Gartner, for 5G deployments in 2019, CSPs are using non-stand-alone technology. This enables them to introduce 5G services that run more quickly, as 5G New Radio (NR) equipment can be rolled out alongside existing 4G core network infrastructures. In 2020, CSPs will roll out stand-alone 5G technology, which will require 5G NR equipment and a 5G core network. This will lower costs for CSPs and improve performance for users. Click here to read more.
