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Cpss 20220518062019 Abstract Template Infogrpahic V 3 Copy

Only 66% Increase?

July 18, 2022
www.technavio.com
Cpss 20220518062019 Abstract Template Infogrpahic V 3 Copy

The 5G equipment market size is expected to increase to $24.26 billion from 2020 to 2025, according to a report by Technivo. That translates to a CAGR of 66.62%.

Approximately 32% of the market's growth will originate from North America during the forecast period. Market growth there will be faster than the growth of other regions.

Macrocell growth is expected to be significant during the forecast period. With growing urbanization, cities are expanding rapidly. As a result, the demand for greater coverage for wireless connectivity is increasing.

Source: https://www.technavio.com/report/5g-equipment-market-industry-analysis?utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=t50_rsvo_report_wk28_2022_003&utm_content=IRTNTR43790

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