5G base station market Synopsis
The global 5G base station market size is expected to register an exponential CAGR of 35.50% valued at USD 145.20 billion in 2030.
In the wireless world, a base station is a device that connects other wireless devices to a central hub. It is a wireless receiver and short-range transceiver comprising an antenna and analog-to-digital converters (ADCs) to convert the RF (Radio Frequency) signals into digital and back again. 5G will use ‘massive’ MIMO (multiple inputs and multiple outputs) antennas with very large numbers of antenna elements or connections to send and receive more data simultaneously. The benefit to users is that more people can simultaneously connect to the network and maintain high throughput.
5G or Fifth Generation of wireless standard that enables connecting everything everywhere, catering to the ever rising demand for rapid digitization and faster data transmission. 5G enables connect car, home, office, and communicate across the city with upto 100 times faster data transmission speeds when compared to its predecessor- 4G, which was meant for mobile broadband services. Additionally, the 5G wireless technology is expected to support over a million devices in an area of 1 sq. km. much higher than 4G.
Several factors contributing to the growth of 5G base station market comprise of increasing demand for high-speed data with low latency and growing trend of using interconnected devices.
However, strict regulations across the world related to network radiation.Rapid technological advancements primarily driven by a number of essential functional features, are expected to facilitate industrial enhancements, improve their bottom line, and strengthen urban and citizen experience.
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5G base station market Segmentation
The global 5G base station market has been segmented based on frequency, MIMO, type, end-user, and region.
By frequency, the global 5G base station market has been divided into 410 MHz to 7125 MHz and 24.25 GHz to 52.6 GHz.
By MIMO, the global 5G base station market has been divided into single-user MIMO and multi-user MIMO.
Depending on its type, the 5G base station market is split into time division duplex (TDD) and frequency division duplex (FDD).
On the basis of end-user, the 5G base station market is categorized into residential, commercial, urban, and rural.
The global 5G base station market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East Africa, and South America.
5G base station market Regional Analysis
The global 5G base station market is estimated to register an exponential CAGR of 37.6% over the forecast period. The geographic analysis of the global 5G base station market has been conductedfor North America, Europe, Asia-Pacific, the Middle East Africa, and South America.
North America is the most significant revenue contributor to the global 5G base station infrastructures in terms of research development in 5G base station market technology, network design/ deployment, and the presence of key market players. The region is well known for its high adoption rate of new advanced technologies, including the Internet of Things (IoT), wearable technology, autonomous cars/ connected cars. A reliable and fast connectivity required for these technologies is expected to be addressed by 5G base station market. In North America, with 5G expected to deliver many years of value to consumers and enterprises in the foreseeable future, various projects such as ‘Next G’ activities are primarily centered around academia with additional efforts from agencies of the US government and SDOs (Standard Developing Organizations). These entities, through public-private partnerships, are actively engaging in scientific and applied research in emerging technologies. Therefore, North America is expected to maintain its leadership in new technologies that will underpin 5G technology. North American market has been segmented into the US, Canada, and Mexico.
5G base station market Competitive Analysis
The global 5G base station market is witnessing an exponential growth due to increasing demands for high-speed data connectivity and increasing number of connected devices with the Internet of things (IoT) on the rise. Major players have opted for partnerships/collaborations,acquisitions, and product developments as their key organic growth strategies to enhance their positions in the market and cater to the rapidly expanding 5G deployment needs. Additionally, the companies operating in the end-use verticals are focusing on providing enhanced experience through augmented/virtual reality with multi-player streaming of VR games and 8K video content right from the cloud platform to the users’ devices even in moving cars. For instance, Samsung in collaboration with KDDIsuccessfully tested live 4K videostreaming of baseball match using 50 5G-enabled tablets. Additionally, component manufacturers offering processing chips, networking devices including 5G mmWave, 5G Sub-6GHz Access points, virtualization systems, etc. are competing to develop advanced equipment.
Impact of COVID19
The outbreak of COVID-19 has resulted into several disruptions in the 5G deployment across the globe affecting investments, delays in spectrum allocations, supply chain disruption, among others. During 2019, the telecom industry stakeholders including Communications Service Providers (CSPs)had begun their trials and rollouts of 5G network services, while many countries across the globe were busy with preparing themselves for rollouts through spectrum auctions, releasing tendes for infrastructure contracts, among other readiness initiatives involved.Mobile Network Operators (MNOs) and Internet Service Providers (ISPs) are experiencing increased revenue from growing usage. This benefit is spread across the distribution network of telecommunications.
5G base station market Key Players
The key players in theglobal 5G base station marketare identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These includeSAMSUNG (South Korea), Huawei Technologies Co., Ltd. (China), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (US), Nokia (Finland), Qualcomm Technologies Inc. (US), ZTE Corporation (China), NEC Corporation (Japan), Ceragon (US), Airspan Networks (US), CommScope, Inc. (US), Marvell (China), Qorvo, Inc (US), Cisco Systems, Inc. (US), and Microsemi (US). The key strategies adopted by most of the players are partnerships,acquisitions, agreements, and collaborations.
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Key Developments in Global 5G Base Station Market:
On 4th March 2021, the top leading social media and technology provider- Facebook partnered with Marvell, a semiconductor manufacturer based in California, US. This partnership was intended towards development of open radio access network (ORAN) that enables connectivity of large number of users at minimized cost.
On March 2nd 2021,Telefonaktiebolaget LM Ericsson, one of the top players in the 5G Base Station industry unveiled their partnership with Taiwan-based CSP- Far EasTone Telecom (FET), to provide 5G Standalone as well as Non-Standalone dual-mode 5G core and Voice over LTE (VoLTE) services.
On March 2, 2021, Sterlite Technologies Limited, a fixed-line equipment manufacturer, revealed their winning of orders USD 100 million across West Asia as well as Africa regions for the development of 5G wireless network infrastructure. The company has partnered with a leading telecom provider based in UAE and another telecommunications group from North African region.
Global 5G Base Station Market, 2018–2026 (USD Million)
Source: MRFR Analysis
Intended Audience
Telecom Enterprises
Technology consultants
Investors and venture capitalists
Network operators service providers
Communication service providers
Software developers
Hardware manufacturers
Government Organizations
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