The telecom network infrastructure market is anticipated to foresee growth owing to the growing adoption of cellular and other wireless devices. The rising demand for smart cities across the globe has caused an increase in number of wireless devices. Whereas, burgeoning investment in telecom infrastructure throughout APAC region are expected to make substantial contribution to the market expansion.
Several supportive proposals for commercialization of 5G technology are urging telecom service providers to enhance their existing telecom infrastructure. Since the need to commercialize next gen 5G network has grown-up, it has enabled companies to implement advance telecom infrastructure. Compared to conventional 4G and LTE network, 5G network offers enhanced speed capacities together with improved bandwidth.
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The requirement for advancing cellular coverage in rural areas has resulted in proliferated adoption of base stations. For provision of better connectivity in distant rural areas, macrocells are well-suited base stations. Telecom companies are deploying advanced 5G base stations owing to the intensifying demand for 5G network. For example, in April 2019, SK Telecom deployed 34,000 5G base stations across 85 cities in South Korea for commercialization of 5G. The demand for enhanced cellular coverage and improved connectivity will propel telecom network infrastructure market growth in the ensuing years.
Telecom companies are developing advanced telecom infrastructure to answer the spiraling demand for commercializing 5G network. 5G network, which delivers higher data transmission speed and wider bandwidth, requires sophisticated network performance to support new use cases. 5G network trials are being performed by telecom operators to push the commercialization process of 5G network. Besides, the consolidation of the Bring Your Own Device (BYOD) trend across organization has also strengthened the need for advancing telecom connectivity across enterprises.
Several major telecom operators across the world are carrying out 5G network trials to expedite the commercialization of 5G technology. Various new products and services are being introduced by telecom network infrastructure companies to encourage 5G network. For example, in October 2019, Nokia rolled out Time-sensitive Packet Switch (TPS) Nokia 1830 to support cloud-native architectures and Time-Sensitive Networking (TSN), both time-critical service components in 5G. The latest product enabled telecom operators upgrade their existing networks to 5G cloud RAN economically.
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Telecom network infrastructure in North America is relatively developed and is among the frontrunners in the adoption of the 5G. Moreover, positive investment outlook is likely to present unprecedented growth opportunities to North America telecom network infrastructure market. The regional federal authorities have introduced several initiatives to transform telecom network infrastructure, especially to support 5G spectrum. Many government authorities, such as the Canadian Radio-television and Telecommunications Commission (CRTC), and Federal Communication Commission (FCC) have been endeavoring to improve their regulatory frameworks and attract huge investments for deploying 5G telecom infrastructure.
Some of the leading telecom network infrastructure market players include Cisco Systems, Inc., Huawei Technologies Co., Ltd., NEC Corporation, and Nokia Corporation, etc.
Major Key Points from Table of Content:
Chapter 6. Telecom Network Infrastructure Market, By Connectivity Technology
6.1. Key trends, by connectivity technology
6.2.1. Market estimates and forecast, 2015 – 2026
6.3.1. Market estimates and forecast, 2015 – 2026
6.4.1. Market estimates and forecast, 2015 – 2026
6.5.1. Market estimates and forecast, 2015 – 2026
Chapter 7. Telecom Network Infrastructure Market, By End User
7.1. Key trends, by process
7.2. Telecom service providers
7.2.1. Market estimates and forecast, 2015 - 2026
7.3.1. Market estimates and forecast, 2015 - 2026
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