The 5G infrastructure equipment market consists of sales of 5G infrastructure equipment and related services by entities (organizations, sole traders and partnerships) that manufacture 5G network hardware or network communication devices supporting 5G technology that is used for telecommunications including wireless communication networks, and broadcasting through 5G networks.
The global 5G infrastructure equipment market reached a value of nearly $2,211.4 million in 2019. The market is then expected to grow at a CAGR of 69.93% from 2019 ad reach $18,437.5 million in 2023.