The Center for Strategic and International Studies (CSIS) states that 5G technology provides enhanced security, high speed, and greater capacity for networks and mobile devices. Additionally, the fifth generation of mobile network technology will shape the internet of things (IoT) environment and it is crucial for the future of internet innovation.

Thus, the increasing deployment of IoT-enabled products, on account of the soaring popularity of artificial intelligence (AI), augmented reality and virtual reality (AR/VR), and remote-controlled systems, will create an extensive requirement for 5G infrastructure globally. Additionally, the surging adoption of 5G-enabled devices will help the 5G infrastructure market prosper during 2021–2030. According to P&S Intelligence, the market revenue stood at $1.5 billion in 2020.

Moreover, the increasing requirement for low-latency internet, expanding population base of mobile data users, and rising adoption of machine-to-machine (M2M) connections in several end use industries will also accelerate the deployment of 5G infrastructure in the foreseeable future, as 5G network was created to meet the robust connectivity and high data management requirements.

At present, 5G infrastructure hardware and service providing companies are increasingly adopting network slicing techniques to split single network connections into several virtual connections, to disperse traffic-specific resources by using network virtualization. The soaring focus of such enterprises on network slicing can be credited to cloud computing, data security, edge computing, near-real-time latency, and platform security exhibited by this technique. This technique enables 5G infrastructure service providers to develop a dedicated virtual network for each customer.

This market research report provides a comprehensive overview of the market
* The Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings