26-Apr-2023 | Facts and Factors
According to the Facts and Factors report, the global 5G Transport Networks market size was worth at around USD 335 million in 2022 and is predicted to grow around USD 2815 million by 2030 with a compound annual growth rate (CAGR) of roughly 35.54% between 2023 and 2030
The Global 5G Transport Networks Market Is Driven by High Investments in 5G Infrastructure Around the World and Is Expected to be Driven by Commercial Launches of 5G Products Into The Market.
A transport network, also known as a transportation network, is a realization of a spatial network. A transport network offers transparent transmission of data between devices. This network establishes and maintains point-to-point connections between devices. A transport network is independent of the higher-layer network, which exists between customers. Commercial and mass deployments of 5G technology are on the rise and this technology is expected to be limited to mobile phones, handsets, and sensors. Companies are focusing on radio access for connecting end-user with a network.
Telecom operators are rapidly deploying 5G networks for evolving mobile broadband services and widening the applicability of 5G technology in various industry verticals. This has led to a growing need for a transport network that can enable 5G. 5G transport network applications can be categorized into ultra-reliable Low-latency Communications (URLLC) uses, enhanced Mobile Broadband (eMBB) uses, and massive Machine-Type Communications (mMTC) uses.
5G networks are more distributed and denser than previous cellular network technologies, as these networks have to deal with a large amount of load. Telecom operators have to meet these challenging standards related to the transport network. 5G is used for enhanced mobile broadband (eMBB) focused mainly on higher bandwidth, massive machine-type communication (mMTC) emphasized on the Internet of Things (IoT) uses, and critical machine-type communication (cMTC) focused on various industrial IoT applications that need high reliability and low latency.
Browse the full “5G Transport Networks Market Size, Share, Growth Analysis Report By Component (Hardware, Consulting & Integration Services, and Support & Maintenance Services), By Type (Backhaul, Midhaul, and Fronthaul), By End User (Enterprises and Telecom Operators), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030" report at https://www.fnfresearch.com/5g-transport-networks-market
Top Market Players
Some of the essential players operating in the 5G transport networks market, but not restricted to include Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Ciena Corporation, ZTE Corporation, Fujitsu Limited, Nokia Corporation, Cisco Systems, Inc., among others.
5G technology experienced growth at a rapid pace in recent years both in terms of deployment and the number of subscribers around the world. Many telecom operators are expected to launch their 5G network commercially during the period 2021-2022.
Further, there may be mass-market launches in years ahead as many companies complete their pre-commercial trials. This trend may lead to an increase in the number of 5G subscriptions around the world. It is expected that the number of 5G mobile subscriptions globally is expected to reach nearly by the end of 2.7 billion and the Asia Pacific and North America regions are expected to contribute significantly to the number of 5G mobile subscriptions worldwide.
As the number of 5G mobile users is expected to increase in the future, operators are heavily investing in 5G infrastructure. This is expected to drive the global 5G network infrastructure market. It is expected that the 5G network infrastructure market worldwide was worth around USD 0.53 billion in 2018 and the 5G network infrastructure spending is expected to be worth nearly USD 8.13 billion by the end of 2020. This growing infrastructure spending by various operators is expected to drive the global 5G transport networks market.
Further, there has also been an increase in wireless 5G infrastructure spending. In 2019, the wireless 5G network infrastructure spending was nearly USD 4.2 billion, and the wireless 5G infrastructure spending is expected to reach a value of approximately USD 8.2 billion by the end of 2020. Also, the 5G mobile infrastructure spending globally is expected to hit a value of USD 2.3 billion by the end of 2021. Such trends are anticipated to drive the global 5G transport networks market.
Report Attribute |
Details |
Market Size in 2022 |
USD 335 Million |
Projected Market Size in 2030 |
USD 2815 Million |
CAGR Growth Rate |
35.54% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
Huawei Technologies Co. Ltd., Telefonaktiebolaget LM Ericsson, Ciena Corporation, ZTE Corporation, Fujitsu Limited, Nokia Corporation, Cisco Systems Inc., and Others |
Key Segment |
By Component, Type, End User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
Request customized purchase options to meet your research needs. Explore purchase options |
Regional Overview:
In terms of geography, the North American region is expected to hold a major share of the global 5G transport networks market in 2020. North America's 5G transport networks market is expected to be driven by growing 5G infrastructure spending and rapid deployment of 5G technology.
Owing to the rapid deployment of 5G technology, the 5G connections around North America are expected to reach a value of approximately USD 410 million by the end of 2025. Moreover, the Asia Pacific region is expected to grow at the fastest rate over the forecasted period.
The Asia Pacific comprises rapidly growing telecom markets such as India, China, Japan, and South Korea. Mass deployment of deployment 5G technology in countries like India, China, and South Korea is expected to create new opportunities for the Asia Pacific 5G transport networks market.
The taxonomy of the 5G transport networks Market by its scope and segmentation is as follows:
Global 5G Transport Networks Market: Component Analysis
- Hardware
- Consulting & Integration Services
- Support & Maintenance Services
Global 5G Transport Networks Market: Type Analysis
- Backhaul
- Midhaul
- Fronthaul
Global 5G Transport Networks Market: End User Analysis
- Enterprises
- Telecom Operators
Global 5G Transport Networks Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1 (347) 690-0211
Email: [email protected]
Web: https://www.fnfresearch.com
