North America 5G Equipment and Device Market to Reach $320 Billion by 2030 at a 20% CAGR
DUBLIN, Nov. 25, 2022 /PRNewswire/ -- The "North America 5G Equipment and Device Market Size, Segments, Outlook and Revenue Forecast 2022-2030 by Equipment vs Device, Testing Equipment, Network Infrastructure, Frequency, Device, End User, and Major Countries" report has been added to ResearchAndMarkets.com's offering.
5G is the 5th Generation mobile network technology that delivers lower latency, which can enhance the functionality of corporate applications and other digital experiences including online gaming, videoconferencing, self-driving cars, etc.
US operators Verizon and AT&T are spending billions to deploy 5G in its C-band spectrum. Verizon is likely to spend about US$ 5 billion in 2022 and AT&T is expected to spend US$ 6 billion on its 5G deployment by 2023. With the rolling out of the C-band, the end user is likely to get faster speed.
Owing to the surge in demand for 5G technology because of its low latency, operators have started investing in 5G technology providing a growth opportunity for the market.
The deployment of the C-band spectrum is expected to drive the investment of US$ 293 billion for 5G by mobile operators in North America by 2025. It is expected to provide a middle ground for capacity and coverage of 5G networks.
By Equipment vs Device
By Testing Equipment
By Network Infrastructure
By End User Segments
Key Competitors Profiled in the Report
Notable Emerging Companies Mentioned in the Report
Time Period Captured in the Report
Key Topics Covered:
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