Standalone 5G Network Market Insights 2023, Analysis and Forecast to 2030
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This report describes the global market size of Standalone 5G Network Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 54.30% from 2023 to 2030.
A 5G standalone network combines a 5G radio access network (RAN) with a 5G core because it was created from the ground up with 5G in mind.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Standalone 5G Network Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 54.30% during the forecast period 2023-2030. North American market for Standalone 5G Network Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Standalone 5G Network Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
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By Component
Solutions
5G Radio Access Network (RAN)
5G Core Network
Others (Backhaul and Fronthaul, Switches, Routers)
Services
In 2022, the solutions sector dominated the market and accounted for more than 82.0% of total revenue. The market is further divided into the 5G RAN, the 5G core network, and other (backhaul and fronthaul, switches, routers).The segment is expanding due to the widespread deployment of a 5G RAN and 5G core with numerous microcell and small cell base stations. Additionally, the advantages that 5G core provides such as ultra-low latency, faster upload speeds, edge functionalities, and ultra-high reliability drive organisations' need for a SA 5G network in order to boost productivity.
Spectrum
Sub-6 GHz
mmWave
In 2022, the sub-6 GHz market segment held a commanding market share of more than 85% of worldwide revenue. A mid-band and a low band of spectrum ranges, primarily 6 GHz and lower, make up the sub-6 GHz frequency. To offer high-capacity services to consumers, businesses, and a variety of industries, well-known communication service providers are aggressively investing in the acquisition of a low-band and a mid-band frequency spectrum. This should enhance the segment's growth throughout the course of the projection year.
Network
Public
Private
领英推荐
With a market share of more than 87.0% in 2022, the public sector dominated the industry. During the projection period, the segment is anticipated to increase at the greatest CAGR. Global MNO deployment and investment in public SA 5G networks is what is fueling the market's expansion. For instance, 36 operators in 25 countries have established or started public 5G SA networks, according to the Global Mobile Suppliers Association's (GSA) 5G-Standalone July 2023 Summary report. These measures should be beneficial for the segment's growth throughout the course of the projection year. Over the forecast period, the private segment is anticipated to post a sizable CAGR.
Vertical
Manufacturing
Automotive & Transportation
Enterprise/Corporate
Energy & Utilities
Healthcare/Hospitals
Smart Cities
Others
In 2022, the manufacturing sector contributed more than 24.0% of the total revenue. Modern industrial automation technologies can be used in the manufacturing sector thanks to the SA 5G network's decreased latency and better dependability. It also makes it possible to remotely monitor, manage, and synchronise equipment and procedures in real-time. This improves manufacturing and diverse industrial areas' productivity, efficiency, and adaptability. As a result, the SA 5G network is widely used in the manufacturing sector due to the advantages indicated above. The segment's expansion is subsequently fueled by this.
By Company
Telefonaktiebolaget LM Ericsson
Rogers Communications Canada Inc.
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