5G Infrastructure Equipment Global Market Report 2023 – By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network (RAN), Distributed Antenna System (DAS)), By Network Technology (Software Defined Networking (SDN) and Network Function Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC)), By Application (Energy and Utilities, Automotive, Healthcare, Retail, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Telecommunications infrastructure equipment means any hardware used for telecommunications purposes. It covers various communication technologies, from transmission lines and satellite communications to radios and answering machines. The main product types of telecom infrastructure equipment are switching equipment, bridges, gateways and routers, others. Switching equipment refers to a device that opens and closes electric circuits in general. These are used to build connections between nodes within a network. Information is shared on establishing of a connection between nodes. The products are used in various infrastructures such as wireless, wired infrastructure by telecom operators and enterprises. The global telecom infrastructure equipment market is segmented - 1) By Product Type: Switching Equipment, Bridges, Gateways And Routers, Other Product Types 2) By Infrastructure: Wireless, Wired Infrastructure 3) By End-User: Telecom Operators, Enterprises The global telecom infrastructure equipment market size will grow from $84.62 billion in 2022 to $90.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global telecom infrastructure equipment is expected to grow to $113.95 billion in 2027 at a CAGR of 6.0%. The increase in the popularity of IoT devices among the populace has led to a rise in demand for telecommunications infrastructure equipment. IoT is becoming popular as a greater number of people are using smart devices and are mostly working on their errands, office work, communication, sending/receiving messages using smart devices thus overwriting the traditional way. Telecom equipment manufacturers such as Cisco are already investing in the IoT industry to cater to the growing demand. According to a survey, the global IoT market grew by $212 billion in size in the end of 2019 and by 2025 it is forecasted to grow to $1.6 trillion. This rising adoption of IoT technologies is expected to drive the demand for telecom equipment globally. Major players in the telecom infrastructure equipment market are Huawei, Cisco Systems, Fujitsu, NEC corporation, Nokia, Ericsson, Qualcomm, ZTE, Corning, Motorola solutions, Juniper networks, Ciena corporation, Alcatel-Lucent, Alvarion, ECI Telecom, GTL Infra, HFCL Infotel Ltd., Native Networks, NELCo., Nortel and Tellabs. Strict government regulations is limiting the telecom infrastructure equipment market's growth. For example, the advent of 5G which everyone is anticipating is subject to delay because of the government’s regulations. Similarly, Trump administration has banned the service of Huawei with American companies as it foresees threats from the Chinese counterpart. In India, the roll of 5G technology will be delayed considering the spectrum auction process, data privacy issues and India-China border infiltration issues. The strict regulations imposed by the government will thereby restrict the telecom infrastructure equipment market growth. LTE networks provide the best ways for enhanced security of different business applications. These networks are making trends because they are economical, have low deployment cost and increased operational efficiency. The demand for growth in the private LTE network sector is witnessed because of the increased adoption of isolated systems. Statistics reveal that CAGR estimated for private LTE networks is 12.63% during the forecast period 2019-2024. In July 2022, NEC Corporation, a Japan-based electronics and information technology corporation acquired Aspire Technology Unlimited Company for an undisclosed amount. The acquisition of Aspire Technology is anticipated to enhance NEC's SI offering for Open RAN 5G applications, which demand more sophisticated systems design and integration than older ecosystems. Aspire Technology Unlimited Company is an Ireland-based provider of software and services. Asia-Pacific was the largest region in the telecom infrastructure equipment market in 2022. Western Europe was the second largest region in the global telecom infrastructure equipment market analysis. The regions covered in the global telecom infrastructure equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the telecom infrastructure equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The telecom infrastructure equipment market consists of sales of equipment for the purpose of telecommunication across the globe. Telecom infrastructure equipment businesses produce wired telephone and data communications hardware. This market deals with equipment such as PBX, central office switching hardware, LAN modems, multi-user modems, and other data communications hardware such as bridges, routers, and gateways. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The telecom infrastructure equipment market research report is one of a series of new reports from The Business Research Company that provides telecom infrastructure equipment market statistics, including telecom infrastructure equipment industry global market size, regional shares, competitors with a telecom infrastructure equipment market share, detailed telecom infrastructure equipment market segments, market trends and opportunities, and any further data you may need to thrive in the telecom infrastructure equipment industry. This telecom infrastructure equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Bridges refer to the construction of a structure over a physical obstacle, such as water bodies, valleys, and roads, to provide crossing over that obstacle. The common materials used in the construction of bridges include structural steel, reinforced concrete, pre-stressed concrete, or post-tensioned concrete, depending on the structural behavior of the bridge. The main types of bridges include the beam bridge, the truss bridge, the arch bridge, the suspension bridge, and the cable-stayed bridge. The beam bridge consists of the sales of beam bridges by entities (organizations, partnerships, and sole proprietors) and refers to a horizontal structure that rests on two-end supports and carries traffic by acting as a beam. The beam is strong enough to withstand both dynamic and static loads. The materials used in bridges include steel, concrete, and composite material. The applications of bridges include roads, highways, and railways. The global bridges market is segmented - 1) By Type: Beam Bridge, Truss Bridge, Arch Bridge, Suspension Bridge, Cable-Stayed Bridge 2) By Material: Steel, Concrete, Composite Material 3) By Application: Road and Highway, Railway The global bridges market size will grow from $110.11 billion in 2022 to $118.67 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of bridges is expected to grow from $155.32 billion in 2027 at a CAGR of 7.0%. An increase in infrastructure developments across the globe is expected to propel the growth of the bridges market. Infrastructure refers to physical and organizational structures and facilities that are needed for the operations of enterprises and society. This infrastructure consists of constructions such as buildings, roads, power supplies, and bridges and helps to promote the long-term viability of households and businesses. bridges come under hard infrastructure which makes up the physical systems that help to manage growing traffic. For instance, in February 2021, according to Financial express-news, according to the study published by the Department for Promotion of Industry and Internal Trade (DPIIT), FDI investments in construction and development infrastructure were $17.22 billion in 2020, which is expected to increase to $1.4 trillion by end of 2023. Thus, the increase in investments in the development of infrastructure will support the growth of bridges going forward. Major players in the bridges market are ACS Group, AECOM, Balfour Beatty, China Communications Construction Company Limited, China Railway Group Ltd., Fluor, Hochtief AG, Kiewit Corporation, Samsung CAndT, VINCI, Sanford Contractors, Precon Smith Construction, Brennan, Milbocker and Sons, and WSP. Introducing new technologies in construction is shaping the bridges market. Major companies operating in the bridges market are focused on implementing new technologies in bridges, to build bridges better and faster and contribute to longer bridge life. New Technologies like road-rail cable-stayed are used in the construction of new bridges especially bridges constructed on rivers. Further, advanced technologies such as robots, virtual reality and augmented reality technologies are being used to construct bridges at reduced operational cost and reduce the lead time of the projects. For instance, the new under-construction arch steel bridge in Bangladesh is constructed with advanced technology in bridge maintenance and management to improve the structural performance of the bridges. In September 2020, Southland Holding is a US-based construction company acquired by American Bridge Company for an undisclosed amount. With this acquisition, American Bridge Company will become part of Southland Holding and operates under Southland Holding. This acquisition helps Southland Holdings’ to diversify its business in the construction of tunneling, facilities and pipelines, heavy highway, bridge, and marine construction. American Bridge Company is a US-based company that constructs buildings roads and bridges. Asia-Pacific was the largest region in the bridges market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bridges market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bridges market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The bridges market includes revenues earned by entities by construction of cantilever bridge, cable-stayed bridge and tied-arch bridge. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The bridges market research report is one of a series of new reports from The Business Research Company that provides bridges market statistics, including bridges industry global market size, regional shares, competitors with a bridges market share, detailed bridges market segments, market trends and opportunities, and any further data you may need to thrive in the bridges industry. This bridges market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Big data and analytics is the use of certain advanced analytics techniques on big data or very large datasets to generate business insights. It begins with data collection with predefined templates and forms, followed by data maintenance, data processing, and data analysis. The main analytics tools of big data and analytics are dashboard and data visualization, self-service tools, data mining and warehousing, reporting and others. Data visualization is the method of converting big data sets and metrics into charts, graphs, and other graphics. The resulting visual representation of data makes it easier to detect and convey real-time patterns, outliers, and fresh insights about the data. The analytics tools are deployed through on-premise and cloud mode for customer analytics, supply chain analytics, marketing analytics, pricing analytics, spatial analytics, workforce analytics, risk and credit analytics, transportation analytics and others. The big data tool and analytics are used by various end-use industries such as BFSI, retail, manufacturing, IT and telecom, government, healthcare, utility, others. The global big data and analytics market is segmented - 1) By Analytics Tools: Dashboard & Data Visualization, Self-Service Tools, Data Mining & Warehousing, Reporting, Other Analytics Tools 2) By Deployment Mode: On-Premise, Cloud 3) By End Use Industry: BFSI, Retail, Manufacturing, IT and Telecom, Government, Healthcare, Utility, Other End Use Industries 4) By Application: Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Spatial Analytics, Workforce Analytics, Risk & Credit Analytics, Transportation Analytics, Other Application The global big data and analytics market size will grow from $92.06 billion in 2022 to $104.19 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global big data and analytics is expected to grow to $172.84 billion in 2027 at a CAGR of 13.5%. The growing investments in business intelligence, data analytics tools by major companies, and increasingly adopting different styles of analytics to resolve their business imperatives and personalize the service or product according to the customers' aspirations boosts the growth of the big data and analytics market. For instance, CostCo., a major retailer that collects its customer's data on purchases to provide personalized service was able to warn its customers who bought stone fruits to warn them of possible contamination using the analytics software instead of sending a blanket message to everyone. This increasing need to personalize the service to cater to the customers compels businesses to invest in data analytics tools, thereby increasing demand for the big data and analytics market. Major players in the big data and analytics market are IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, SAS Institute Inc., Teradata Corporation, Accenture, Salesforce, Cisco Systems, Tableau Software, Hewlett Packard Enterprise Development LP., Amazon Web Services,, Dell Inc., Cloudera, Musigma, Informatica, Alpine Data Labs, Alteryx, Amazon Web Services, BigML, Cognonto Corp., Couchbase, Inc., and Dataiku. The shortage of skilled professionals is a major restraint for the big data and analytics market. Developing hardware, software and system integration require trained and specialized resources to handle data preparation, create predictive models, and integrate these into applications. The resources are either unavailable or too expensive to hire, which stifles the growth of the big data and analytics market. According to the US Bureau of Labor Statistics, 11.5 million new jobs will be created for data science and analytics by the year 2026. However, the lack of a skilled workforce to occupy the job vacancies hinders big data and analytics market growth. The agile process' success in software development and the development of the latest technologies have made it very popular in the innovation industry. Few leading-edge organizations use an agile approach to manage their data systems. Agile is a technique for designing applications or handling operations more effectively in IT organizations. Broadly, it's a collaborative methodology where cross-functional teams develop and create minimally viable products (MVPs) and features quickly, test them with consumers, and optimize and improve them in rapid iterations. The agile process helps to make changes in the workflow even in the later stages, which will help to work in the best interests of the client. Agile organizations have a 70% chance of being in the top quartile of organizational health, indicating the best long-term performance amongst competitors. These companies become more customer-centric, have higher revenue growth, and a more engaged workforce. In April 2022, Accenture, a global information technology company acquired Ergo for an undisclosed amount. The acquisition will broaden the Cloud First capabilities of Accenture and increases its customer base in the Hispanic South American market. Ergo is an Argentinian big data, analytics and artificial intelligence (AI) company. Asia-Pacific was the largest region in the big data and analytics market in 2022. North America was the second largest region in the global big data and analytics market analysis. The regions covered in the global big data and analytics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the big data and analytics market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The big data and analytics market includes revenues earned by entities by offering software used for data mining and predictive modeling. The sales consist of revenues generated by establishments that are primarily engaged in the development of software for big data and analytics like Hadoop, Tableau and Qubole. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The big data and analytics market research report is one of a series of new reports from The Business Research Company that provides big data and analytics market statistics, including big data and analytics industry global market size, regional shares, competitors with a big data and analytics market share, detailed big data and analytics market segments, market trends and opportunities, and any further data you may need to thrive in the big data and analytics industry. This big data and analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

5Gtechnologies is the next generation of wireless communications that provides faster download speeds, low latency, and more capacity and connectivity for billions of devices. This uses various spectrum bands, including millimeter-wave (mmWave) radio spectrum, with the ability to carry a very large amount of data over a short distance. The main chipset types for 5G technologies are ASIC chips, RFID chips, millimeter wavetechnologies chips, and field-programmable gate arrays (FPGAs). An ASIC, or application-specific integrated circuit, refers to a microchip designed for a special application, such as a transmission protocol or a hand-held computer. The communication infrastructure consists of small cells, macro cells, and a radio access network (RAN). The core network technologies are software-defined networking (SDN), network functions virtualization (NFV), mobile edge computing (MEC), fog computing (FC), and distributed antenna systems (DAS). The various end-users involved are automotive, industrial, consumer electronics, healthcare, energy and utilities, and other end-users. The global 5G technologies market is segmented – 1) By Communication Infrastructure: Small Cell, Macro Cell, and Radio Access Network (RAN) 2) By End User:Automotive,Industrial,Consumer Electronics,Healthcare,Energy & Utilities, and Other End Users 3) By Core Network Technology: Software-Defined Networking (SDN),Network Functions Virtualization (NFV),Mobile Edge Computing (MEC),Fog Computing (FC),and Distributed Antenna System (DAS) 4) By Chipset Type:ASIC Chips,RFIC Chips, Millimeter Wave Technology Chips, and Field-Programmable Gate Array (FPGA) The global 5G technologies market size will grow from $30.62 billion in 2022 to $44.71 billion in 2023 at a compound annual growth rate (CAGR) of 46.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of 5G technologies is expected to grow from $125.27 billion in 2027 at a CAGR of 29.4%. The increase in government initiatives to promote and roll out the emerging 5Gtechnologies are expected to propel the growth of the 5G technologies market. This is mainly because the 5Gtechnologies has a significant impact on mobile networks, physical networking, computing facilities, hosting and deployment systems, and service and infrastructure orchestration. It has become imperative for every government to ensure that the 5Gtechnologies reaches its maximum potential, as it supports thousands of new applications for consumers and businesses in manufacturing, energy, healthcare, and automobile markets. For example, the Chinese government is expecting to initiate commercial rollouts of 5G by 2020 with a 3400-3600 MHz band. Therefore, the increase in government initiatives is driving the growth of the 5Gtechnologies market. The major players in the 5G technologies market are Qualcomm, Intel Corporation, Ericsson, Samsung, and AT&T. Security and privacy concern is an important restraint for the 5G technologies market. This is mainly because the 5G technologies market faces both standard and sophisticated cybersecurity threats, and the security of user`s data becomes a critical challenge for the 5G wireless transmission system/infrastructure because of the large number of devices connected to the network and diversity of thetechnologies. For example, according to experts at the Canadian Wireless and Telecommunications Association event, 5G networks have 200 times more attack vectors, or paths to gain access to a network, than their 4G predecessors. The increasing collaborations between 5Gtechnologies companies are an emerging trend in the 5G technologies market. This is mainly because these companies are focusing on developing a strong 5G infrastructure and facilitating innovative platforms, by sharing their resources, knowledge,technologies, and cost. Such collaborations are also helpful to the companies in case of expiring licenses, lack of technological know-how, and stringent regulatory environment. For example, n January 2022, Vodafone, a UK-based telecommunications company partnered with Ciena, a US-based telecommunications company for 5G solutions. With this partnership, Vi maximizes fiber capacity and network efficiencies for 5G. Further, in October 2022, Ericsson, a US-based 5Gtechnologies company partnered with Reliance JioInfocomm Ltd., an India-based telecommunications company to build the first 5G standalone network in India. The 5G technologies market is governed by the European Electronic Communications Code (EECC) which lays down regulations related to 5G technologies within the European Union. For instance, in. March 2022, accordingly, the EU has adopted regulations to accelerate 5G network installations by simplifying the deployment of small cell antennas that provide the last mile for 5G networks. The regulation defines the physical and technical characteristics of small cells, setting strict limits on their size and power, exempting them from planning permits (while retaining national oversight), and addressing their appearance to make them less visible. Hence, regulations such as these would benefit 5Gtechnologies companies, and drive the 5G technologies market. In June 2022, Qualcomm, a US-based semiconductor company acquired Cellwize Wireless Technologies Pte.Ltd for an undisclosed amount. This acquisition is expected to strengthen Qualcomm Technologies’ 5G infrastructure solutions to fuel the digital transformation of industries, power the connected intelligent edge, and support the growth of the cloud economy. Cellwize Wireless Technologies Pte. Ltd is a Singapore-based telecommunications service provider. North America was the largest region in the 5G technologies market in 2022. The regions covered in 5G technologies market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the 5G technologies market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The 5Gtechnologies market includes revenues earned by entities by providing 5G services such as low band 5G, mid-band 5G, and mmWave high band 5G. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 5G technologies market research report is one of a series of new reports from The Business Research Company that provides 5G technologies market statistics, including 5G technologies industry, global 5G technologies market size, regional shares, competitors with a 5G technologies market share, detailed 5G technologies market segments, market trends and opportunities, and any further data you may need to thrive in the 5G technologies industry. This 5G technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

5G is the fifth generation of broadband or cellular technology designed to improve the speed and responsiveness of wireless networks dramatically. It provides high speed, greater bandwidth, and a lower latency Internet network. The main communication type of 5G services are fixed wireless access (FWA), enhanced mobile broadband (eMBB), ultra-reliable and low latency communications (uRLLC) and massive machine-type communications (mMTC). Fixed Wireless Access (FWA) is a method of providing wireless connectivity between two fixed points via radio links. The services are used for smart cities, smart buildings, connected factories, smart utilities, connected healthcare, connected retail and others by manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics and healthcare. The global 5G services market is segmented – 1) By Communication Type: Fixed Wireless Access (FWA), Enhanced Mobile Broadband (eMBB), Ultra-Reliable and Low Latency Communications (uRLLC), Massive Machine-Type Communications (mMTC) 2) By End-User: Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare 3) By Vertical: Smart Cities, Smart Buildings, Connected Factories, Smart Utilities, Connected Healthcare, Connected Retail, Other Verticals The global 5g services market size will grow from $95 billion in 2022 to $150 billion in 2023 at a compound annual growth rate (CAGR) of 57.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global 5g services market size is expected to grow to $781.72 billion in 2027 at a CAGR of 51.1%. Rising demand from the Internet of Things (IoT) is anticipated to contribute to higher demand for 5G services in order to deliver high performance and efficiency. According to the Federation of Indian Chambers of Commerce & Industry (FICCI), the global market revenue for the Internet of Things (IoT) is projected to reach $1.1 trillion by the end of 2025. The IoT connections across the globe is expected to increase to 25 billion by 2025, growing at a CAGR of 17%. Therefore, growing demand for IoT and the requirement to connect smart devices with high-speed internet boost the revenue for the 5G services market over the forthcoming years. Major players in the 5G services market are AT&T, Verizon Communications, Inc., China Mobile, Vodafone, Telstra, China Telecom, Deutsche Telecom, SK Telecom, Saudi Telecom Company, and T-Mobile USA Inc. The high cost of 5G smartphones and related devices is expected to limit the growth of the 5G services market in the forecast period. According to executives of leading companies such as Xiaomi, Samsung and OnePlus in January 2020, the price of 5G smartphone chipsets is twice as costly as the price of 4G smartphone chipsets. Consequently, expensive parts result in a high cost of production leading to higher prices of 5G smartphones. This scenario is anticipated to adversely impact the growth of the 5G Services market over the forecast period. The introduction of AI-powered services is a major trend shaping the growth of the 5G services market. The commercial usage of 5G services is expanding rapidly. The growth in the number of connections and cloud-based AR or VR is generating higher demand for 5G services with greater bandwidth, wide coverage, and low latency networks. For instance, in September 2022, Nokia Corporation, a Finland-based communication and information technology company, announced that it has made NTT DOCOMO Inc. use its artificial intelligence (AI) radio frequency (RF) capacity planning software in order to speed up radio frequency planning and assist the Japanese operator in deploying its 5G network effectively. AVA* software from Nokia, which delivers "intelligence everywhere," includes an AI RF capacity planning solution. Based on DOCOMO's specifications, it was modified to be able to predict the RF capacity of 4G cells from BTS performance data and simulate the best candidate locations for 5G cell and RAN hardware to achieve the necessary area capacity. Therefore, the introduction of AI in 5G services in order to increase the accuracy and agileness is to act as a major trend for the 5G services market. In November 2020, Accenture, a professional services company based in Ireland acquired Acra for an undisclosed amount. The acquisition will enhance Accenture's ability to drive comprehensive transformation across 5G deployment and network operations. Acra is a Spain-based engineering company with a focus on network operations and business services. Asia-Pacific was the largest region in the 5G services market in 2022. North America was the second largest region in the global 5G services market share. The regions covered in the global 5G services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the 5G services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The 5G services market includes revenues earned by entities by providing 5th generation advance cellular technology services that provide faster means of communication through high bandwidth, good spectrum management, segregation of data, and routing. 5G services deliver high levels of efficiency and performance that empower to connect new industries and user experiences. Cellular networks using 5G services can connect with more devices, handle more data, significantly reduce latency, and are reliable. This technology is more beneficial for companies operating into robotics, automation, and IoT. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 5G services market research report is one of a series of new reports from The Business Research Company that provides 5G services market statistics, including 5G services industry global market size, regional shares, competitors with a 5G services market share, detailed 5G services market segments, market trends and opportunities, and any further data you may need to thrive in the 5G services industry. This 5G services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Broadband Internet service is a type of Internet service that provides transmission of large bandwidth data over a high-speed Internet connection. The main types of broadband internet services are C band, Ku band and Ka band. C-band refers to the portion of the electromagnetic spectrum reserved for satellite transmissions with frequencies ranging from 4GHz to 8GHz. The services are applied for VoIP (voice over internet protocol), internet TV, smart home application, remote education, virtual private LAN service, interactive gaming, VPN on broadband by business, household and other end users. The global broadband internet services market is segmented - 1) By Type: C Band, Ku Band, Ka Band 2) By Application: VoIP(voice over internet protocol), Internet TV, Smart Home Application, Remote Education, Virtual Private LAN Service, Interactive Gaming, VPN on Broadband 3) By End User: Business, Household, Other End-Users The global broadband internet services market size will grow from $389.62 billion in 2022 to $404.65 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global broadband internet services is expected to grow to $470.49 billion in 2027 at a CAGR of 3.8%. Increasing demand for consumer broadband is driving the broadband internet services market. The rising application of internet in communication, sharing information, education and entertainment sector is supporting the growth of consumer broadband. Also, government is playing a major role in stimulating demand for broadband internet services by providing better public online services in every sector, encouraging rural and remote areas to use the broadband internet services, establishing privacy and quality standards, etc. According to the data reportal newsletter, the total active internet users at the end of January 2019 was 4.388 billion whereas in January 2020 the total number of active internet users upsurge to 4.54 billion. The usage of voice search, voice commands, smart home devices, gaming-related activities, online content activities, streaming TV, etc. are more responsible for an increase in the demand for growth of the consumer broadband internet services market. Major players in the broadband internet services market are SES Astra, Inmarsat, Iridium Communications, ViaSat, EchoStar, EarthLink Holding Corp., Intelsat General, Eutelsat, IDirect, Singtel, KVH, Speedcast, Gilat Satellite Networks, Avonline Satellite Solutions Ltd., Skycasters, HISPASAT Group, China Telecom, China Unicom, Comcast, NTT, AT&T, Deutsche Telecom, Time Warner Cable, Verizon, Orange SA, Korea Telecom, Cambium Networks, Intracom Telecom, RADWIN, Redline communications and Proxim Wireless. The high costs of fiber optic cable restrains the broadband internet services market. The fiber optic is the latest technology that gives reliability and symmetrical speed options, unlike other internet services for the consumers. The cable or copper installation contributes to the high cost of fiber optic broadband services compared with other internet services. The fiber optic line installation is more complicated and the cost estimation is difficult for every building. According to the Federal Communications Commission (FCC), the minimum fiber optic deployment costs should be $5000 per user. The pricing is also mainly varying on the services providing by broadband entities. The fiber optic connection provides fast and symmetrical speeds, the cost of installation and its maintenance has become a major challenge for broadband internet service providers. Players in the broadband internet service industry are focusing on advancing digital infrastructure and services to serve its customers. Digital infrastructure is more focused on digital economic activities and technological applications. The digital infrastructure helps for the digital development of a country. According to the Asian Infrastructure Investment Bank (AIIB) report, the digital infrastructure helps to expand the internet connectivity and supports to establish the data centers to provide digital services. The emerging markets like India, Pakistan, etc. are more focused on mobile broadband infrastructure than fixed broadband internet services infrastructure whereas the developing and developed countries are concentrating on coverage of universal mobile broadband and superfast fixed broadband infrastructure. Demand in broadband internet services is driving the market to double the broadband speed and expand the internet connectivity where the companies and government are trying to increase the advancements in digital infrastructure and services. In October 2020, NWIC Inc., a Canada-based internet service provider acquired Last Mile Wireless Internet Inc. (LMWI) for an undisclosed amount. With the acquisition, NWIC is expected to become the Niagara Region's largest rural internet service provider, with expanded coverage and complementary technologies. Last Mile Wireless Internet Inc. (LMWI) is a Canada-based internet service provider. The Asia-Pacific was the largest region in the broadband internet services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global broadband internet services industry during the forecast period. The regions covered in the global broadband internet services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the broadband internet services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The broadband internet services market includes revenues earned by entities by providing broadband internet services which can be used for voice over internet protocol (VoIP), internet TV, smart home applications, remote online education, virtual private LAN service, interactive gaming, etc. Broadband internet services can be accessed through wireless, fiber cable, satellite, etc. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The broadband internet services market research report is one of a series of new reports from The Business Research Company that provides broadband internet services market statistics, including broadband internet services industry global market size, regional shares, competitors with a broadband internet services market share, detailed broadband internet services market segments, market trends and opportunities, and any further data you may need to thrive in the broadband internet services industry. This broadband internet services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Wireless Internet service refers to the internet service that provides connectivity through wireless means. It provides Internet connectivity services to end-users and organizations over wireless communication networks. The main types of wireless internet services are community hotspots and public hotspots. Community hotspots are open access networks that provide internet access to citizens in public places such as downtown. The services are applied for education, financial services, healthcare, hospitality, retail, telecom and IT, transportation, others by enterprises, communication service provider and network operators, government institutions. The global wireless internet services market is segmented - 1) By Type: Community Hotspots, Public Hotspots 2) By Application: Education, Financial Services, Healthcare, Hospitality, Retail, Telecom & IT, Transportation, Other Applications 3) By End User: Enterprises, Communication Service Provider And Network Operators, Government The global wireless internet services market size will grow from $654.86 billion in 2022 to $704.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless internet services market size is expected to grow to $921.97 billion in 2027 at a CAGR of 7.0%. The government initiatives aiming at developing infrastructure is a key factor driving the growth of the wireless internet services market. With growing government initiatives and environmental campaigns taking center stage, technology providers and specialists have actively started simulating creative solutions based on technical modules for the design and growth of urban infrastructure in several regions. For instance, in India, the successful execution of smart city projects is heavily dependent on technologies such as data connectivity, cloud, mobility, and sensors, all shaping IoT together. According to the Ministry of Electronics and IT, the government has increased the outlay for the digital India program by 23% to 3,958 crores for 2020-21 compared to actual allocation in the current fiscal. The increase has been mainly on account of incentives to be given for electronic manufacturing, research, and development, development of manpower for the segment, cybersecurity, and promotion of IT and IT-enabled services. Therefore, government initiatives for smart city projects is expected to drive the wireless internet services market growth. Major players in the wireless internet services market are Cisco Systems, Inc., Huawei Technologies Co. Ltd., ARRIS International, Aerohive Networks, Singtel, Rogers Communications, Telstra Corporation, Viasat, ADTRAN, Aruba, Extreme Networks, Fujitsu, Superloop, iPass, Arista Networks, Ubiquiti Networks, Fortinet, Riverbed Technology, 4ipnet, Edgecore Networks, Mist Systems, ALE International, Allied Telesis, LANCOM Systems, D-Link Corporation, Cigniti, Cognizant, Capgemini, Cavisson Systems, Tricentis and Boingo Wireless, Inc. The security and privacy concerns are hampering the growth of the wireless internet services market. With an increase in the number of devices, many security and privacy concerns have emerged and every source, gateway, sensor, and smartphone has become a potential hacking target. Any disruption to business processes can have a huge effect on the company as a whole. Connecting to free public Wi-Fi raises business risks caused by third-party interception of client data because hackers are able to position themselves between the employees who use the Wi-Fi and the point of contact. Hackers can also use an unsecured Wi-Fi connection to spread malware, getting compromised apps on the computers and devices will make the company financially disruptive. Therefore, security and privacy concerns are expected to hinder the wireless internet services market growth. The companies in the wireless internet services market are increasingly implementing Li-Fi (Light Fidelity) technology to improve their service offerings. Li-Fi or light fidelity uses light signals to transfer data between devices and produces a greater range than Wi-Fi, with transmission speeds of up to 224 gigabits per second. Smart homes will rely on Li-Fi technology in the future because it is faster and more reliable as light cannot penetrate through walls, and the signal cannot be compromised from a remote location. For instance, in October 2020, GETAC, a Taiwan-based technology company, announced that it is introducing integrated LiFi technology run by pureLiFi to the tough market. Customers from a wide range of professional sectors will soon be able to benefit from entirely robust durability and cutting-edge LiFi connectivity in a single device thanks to pureLiFi, opening up a plethora of potent new applications and use cases. In October 2020, NWIC Inc., a Canada-based internet service provider acquired Last Mile Wireless Internet Inc. (LMWI) for an undisclosed amount. With the acquisition, NWIC is expected to become the Niagara Region's largest rural internet service provider, with expanded coverage and complementary technologies. Last Mile Wireless Internet Inc. (LMWI) is a Canada-based internet service provider. The Asia-Pacific was the largest region in the wireless internet services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global wireless internet services market report during the forecast period. The regions covered in the global wireless internet services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wireless internet services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The wireless internet services market includes revenues earned by entities by providing wireless internet services that can be used to offer internet access services over a wireless communication network to consumers and businesses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wireless internet services market research report is one of a series of new reports from The Business Research Company that provides wireless internet services market statistics, including wireless internet services industry global market size, regional shares, competitors with a wireless internet services market share, detailed wireless internet services market segments, market trends and opportunities, and any further data you may need to thrive in the wireless internet services industry. This wireless internet services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology (IT) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.