India 5G Infrastructure Market, 2028F May Flourish With Latest Investments
India 5G Infrastructure Market
is expected to show robust growth due to growing investments in the sector in
the forecast period.
According to
TechSci report on, “India 5G Infrastructure Market, By Region, Competition
Forecast & Opportunities, 2018 - 2028” India 5G infrastructure market may
achieve an anticipated market value by 2028F growing with an impressive CAGR
during the forecast period, 2024-2028. Growing demand for low latency and quick
& efficient network connections are driving the growth of the India 5G
infrastructure market in the upcoming five years. Growing adoptions to Virtual
network architecture and increasing investments in the development from the
private sources as well as government is further supporting the growth of the
India 5G infrastructure market in the next five years. Expansion of
telecommunication services is dependent on multiple factors like rising
population of the country, growing demands for the fast network and efficient
communications, rising disposable income among the population that supports the
growing use of smartphones, laptops, etc. that further aids the growth of the India
5G infrastructure market in the future five years.
5G services have scope of recent launch
in the country by the end of the year 2022, and thus the growth of 5G
infrastructure to support the recent
launches is anticipated and would substantiate the growth of the India 5G
infrastructure market in the forecast years through 2028. A majority of the 5G
networks are likely to be composed of small cells. They also help providers
reduce costs by eliminating expensive rooftop systems and installation costs,
and they are expected to help improve the performance and battery life of
mobile handsets, thereby aiding the growth f the India 5G infrastructure market
in the forecast period.
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The India 5G infrastructure market segmentation is
based on communication infrastructure, core network, network architecture,
operational frequency, end user, regional distribution, and competitional
landscape. Based on communication infrastructure, the market is differentiated
into small cell, macro cell, and others. Small cell communication
infrastructure may dominate the market segment and hold the largest revenue
shares of the market in the upcoming five years on the grounds of recent
launches due in the year 2022 in 13 different cities of the country. Expansion
of 5G network all over the country requires further investment and includes
many complications. For the basic launch and introducing the fast speed network
connections in bunch of major cities of the nation would support the growth of
the India 5G infrastructure market in the next five years.
By core network, the market is divided between
software defined networking and network function virtualization. Network
function virtualization is anticipated to hold the largest revenue shares of
the market and dominate the market segment in the upcoming five years on the
ground of its advantages like simpler implementations and its adaption in the
futuristic approaches. The network function virtualization is specifically
designed to run on standard server hardware, and it can be easily shifted or
installed in different locations in the network as per requirement without the
need to install new hardware equipment. The system is apparent for reducing the
cost to change multiple hardware devices to build, add, or offer new services,
and is thus actively responsible for the future growth of the India 5G
infrastructure market in the next five years. Based on network architecture,
the market is fragmented between standalone and non-standalone. By operational
frequency, the market is discussed among Sub 6GHz and above 6GHz. Based on end
user, the market is bifurcated into residential, commercial, industrial, and
government.
A partial list of market players in the field
includes:
·
Huawei
Technologies Co., Ltd.
·
Juniper
Networks India Pvt Ltd.
·
LG
Electronics India Pvt Ltd.
·
Ericsson
India Pvt Ltd.
·
Nokia
Solutions & Networks India Pvt Ltd.
·
Samsung
India Electronics Private Limited
·
ZTE
Telecom India Pvt Ltd.
·
NEC
Corporation India Pvt Ltd.
·
Cisco
System India Pvt Ltd.
·
CommScope
India Private Limited
·
Comba
Telecom India Pvt LTD
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“Telecommunication
industry and IT industry are major sources for the growth of the India 5G
infrastructure market in the future years. The growing demand for enhanced
bandwidth connectivity with low latency for many mission-critical applications,
such as vehicle-to-everything (V2X) and drone connectivity, is estimated to
fuel the 5G infrastructure industry growth in the country. Rapid adaptations of
the IoT and artificial intelligence and growing use of internet based services
further support the growth of the India 5G infrastructure market in the
upcoming five years. The healthcare industry has started emphasizing the
importance of concepts like remote diagnosis and surgeries to the patients.
Therefore, to deliver constant data connectivity during remote patient
surgeries, the need for next-generation technology and related infrastructure
is growing and aiding the market growth,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“India 5G Infrastructure Market By Communication
Infrastructure (Small Cell, Macro Cell, Others), By Core Network
(Software-Defined Networking, Network Function Virtualization), By Network
Architecture (Standalone & Non-standalone), By Operational Frequency (Sub 6GHz
& Above 6GHz), By End User (Residential, Commercial, Industrial,
Government), By Region, Competition Forecast & Opportunities, 2028” has evaluated the future
growth potential of India 5G infrastructure market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India 5G infrastructure market.
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