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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