North America 5G Equipment and Device Market Report 2022: Growing Demand for Immersive Content and Enhanced Broadband Connectivity Fuels Sector - Yahoo Finance

Dublin, Nov. 16, 2022 (GLOBE NEWSWIRE) -- 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" study has been added to ResearchAndMarkets.com's offering.

5G is the 5th Generation mobile web exertion that delivers little latency, which tin heighten the functionality of firm applications and different integer experiences including online gaming, videoconferencing, self-driving cars, etc.

According to this analysis, the North America 5G Equipment and Device Market is expected to grounds a affirmative CAGR of ~20% during the forecast play (2022-2030) and scope ~ US$ 320 Bn by 2030, driven by the increasing request for immersive contented and enhanced broadband connectivity. The marketplace for 5G devices is predicted to emergence arsenic connectivity, integer apps, and wearable technologies go much wide used. Additionally, modernizing existent enactment infrastructures, specified arsenic modems, towers, and different enactment equipment, volition unfastened up a batch of doors for caller players.

The 5G's precocious bandwidth and debased latency capacities present a amended acquisition for consumers, which is apt to leverage the deployment of 5G networks. The Covid-19 pandemic had a affirmative interaction connected the North American 5G Equipment and Device Market owing to the captious relation of the mobile manufacture that developed absorption during the pandemic arsenic radical relied connected mobile networks to enactment connected and entree life-enhancing services. In 2020, 4% of GDP successful North America was generated from mobile technologies and services. The information postulation per smartphone accrued from 8.4 GB/month successful 2019 to 11.1 GB/month successful 2020 owed to the precocious uptake of unlimited information plans crossed the region.

The increasing request for immersive contented and enhanced broadband connectivity is apt to leverage 5G's precocious bandwidth and debased latency capacities to present a amended acquisition for consumers.

According to the GSM Association, North America study successful 2022, the 5G successful the US accounts for 3% of the exertion premix successful 2020, and is estimated to relationship for 68% of the exertion premix by 2025.

US operators Verizon and AT&T are spending billions to deploy 5G successful its C-band spectrum. Verizon is apt to walk astir US$ 5 cardinal successful 2022 and AT&T is expected to walk US$ 6 cardinal connected its 5G deployment by 2023. With the rolling retired of the C-band, the extremity idiosyncratic is apt to get faster speed.

Owing to the surge successful request for 5G exertion due to the fact that of its debased latency, operators person started investing successful 5G exertion providing a maturation accidental for the market.

The deployment of the C-band spectrum is expected to thrust the concern of US$ 293 cardinal for 5G by mobile operators successful North America by 2025. It is expected to supply a mediate crushed for capableness and sum of 5G networks.

Marker Segmentation

By Equipment vs Device

Key Topics Covered:

1. Executive Summary

2. Market Overview and Key Trends Impacting Growth

3. Total North America - Market Segmentation by Equipment vs Device, Historic Growth, Outlook & Forecasts

4. Total North America- Market Segmentation by Testing Equipment, Historic Growth, Outlook & Forecasts

5. Total North America- Market Segmentation by Network Infrastructure, Historic Growth, Outlook & Forecasts

6. Total North America- Market Segmentation by Frequency, Historic Growth, Outlook & Forecasts

7. Total North America- Market Segmentation by Device, Historic Growth, Outlook & Forecasts

8. Total North America- Market Segmentation by End User, Historic Growth, Outlook & Forecasts

9. Industry/Competition Analysis - Competitive Landscape

10. Key Competitor Profiles (Company Overview, Product Offerings, SWOT Analysis)

11. Geographic Analysis & Major Countries Market Historic Growth, Outlook, and Forecasts

12. Industry Expert's Opinions/Perspectives

13. Analyst Recommendations

14. Appendix