Global 5G network infrastructure revenue will reach 19 billion U.S. dollars
Communication service providers (CSPs) in
mature markets accelerated the development of 5G in 2020 and 2021, and this
year 5G accounts for 39% of total wireless infrastructure revenue
According to Gartner's latest forecast,
global 5G network infrastructure revenue is expected to grow by 39% in 2021,
reaching 19.1 billion U.S. dollars, higher than 2020's 13.7 billion U.S.
dollars.
According to the analyst firm,
communication service providers (CSPs) in mature markets have accelerated the
development of 5G in 2020 and 2021, and 5G will account for 39% of total
wireless infrastructure revenue this year.
Michael Porowski, senior principal research
analyst at Gartner, said: "The COVID-19 pandemic has surged in demand for
optimized and ultra-high-speed broadband connections to support work from home
and high-bandwidth applications such as streaming videos, online games, and
social media applications. ...
5G is the fastest growing segment of the
wireless network infrastructure market. According to Gartner, in the market
segments that include wireless infrastructure in this forecast, the only
important opportunity for investment growth is 5G.
In all regions, investment in traditional
wireless power generation is rapidly deteriorating, and as CSP shifts to 5G
small cells, expenditures on non-5G small cells will also decline.
Table 1: Global wireless network
infrastructure revenue forecast (millions of dollars)
Source: Gartner (August 2021)
From a regional perspective, the 5G revenue
of North American CSPs will increase from US$2.9 billion in 2020 to US$4.3
billion in 2021, partly due to the increased adoption of dynamic spectrum
sharing and millimeter wave base stations. In Western Europe, CSP will
prioritize licensed spectrum, mobile core infrastructure modernization and
regulatory processes, and 5G revenue is expected to increase from US$794
million in 2020 to US$1.6 billion in 2021. It is expected that Greater China
will maintain its position as the number one in the world. In 2021, 5G revenue
will reach 9.1 billion U.S. dollars, higher than 2020's 7.4 billion U.S.
dollars.
Although 10% of CSPs will provide
commercial 5G services in 2020, which can achieve multi-region availability,
Gartner predicts that this number will increase to 60% by 2024, which is
similar to the past LTE and 4G adoption rates.
Gartner customers can learn more in the
reports "Predictive Analysis: Global Communication Service Provider
Operation Technology" and "Forecast: Global Communication Service
Provider Operation Technology 2019-2025, Update for the Second Quarter of
21".
Gartner is a research and consulting
company and a member of the Standard & Poor's 500 Index. It provides
business leaders with insights, recommendations and tools to achieve the
priority of critical tasks.
The company is a consultant and resource
for more than 14,000 organizations in more than 100 countries.