5G Equipment Market to Reach $23.9 Billion by 2032 at 14.5% CAGR: Allied Market Research
The major advantage of using macro cell in 5G is that it can provide 5G services to a large geographic area.
- The major advantage of using macro cell in 5G is that it can provide 5G services to a large geographic area.
- By end-use, the retail sector held the highest market share in 2022, accounting of nearly three-fourths of the 5G equipment market revenue, and is estimated to maintain its leadership status during the forecast period.
- Region-wise, the North America segment held the highest market share in terms of revenue in 2022, accounting for two-fifths of the 5G equipment market revenue.
- Rise in digitalization toward business process is anticipated to provide lucrative growth opportunities for the market in the region.