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Global 5G System Integration Market Size study & Forecast, by Services, by Vertical, by Application and Regional Analysis, 2023-2030

Global 5G System Integration Market Size study & Forecast, by...

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Global 5G System Integration Market Size study & Forecast, by Services, by Vertical, by Application and Regional Analysis, 2023-2030
Global 5G System Integration Market...
Report Code
RO9/103/2200

Publish Date
03/Apr/2024

Pages
200
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Global 5G System Integration Market is valued at approximately USD 9.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 28% during the forecast period 2023-2030. 5G System Integration refers to the process of combining and coordinating various elements, components, and subsystems within a 5G network infrastructure to ensure seamless and efficient operation. The goal of system integration in the context of 5G is to create a cohesive and interoperable network that maximizes the performance and capabilities of the entire system. The 5G System Integration Market is expanding because of factors such as rising adoption of 5G networks and growing deployment of edge computing. As a result, the demand for 5G System Integration has progressively increased in the international market during the forecast period 2023-2030.

5G introduces higher frequency bands, including millimeter-wave spectrum. Integrating these new frequency bands requires specialized equipment and antennas, adding complexity to the system. According to Statista, in 2023, there are 1.9 billion 5G subscriptions globally and expected to reach up to 2.8 billion by 2024 and 5.9 billion by the year 2027. Furthermore, in 2023, the Gulf Cooperation Council nations, comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, lead the global landscape in 5G adoption rates and achieved an impressive 95% adoption rate, showcasing their commitment and rapid embrace of 5G technology. Another important factor that drives the 5G System Integration Market is the increasing deployment of edge computing. Edge computing brings processing closer to the source of data, reducing the round-trip time for data to travel between devices and centralized data centers. This reduced latency is crucial for applications such as Augmented Reality (AR), Virtual Reality (VR), autonomous vehicles, and critical IoT applications, enhancing the overall user experience. In addition, as per Statista, the global edge computing market is anticipated to achieve a valuation of USD 317 billion by the year 2026. Moreover, the rising trend towards the development of 5G enabled applications and the increasing development of smart cities are anticipated to create lucrative growth opportunities for the market over the forecast period. However, high initial investment and data security concerns are going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G System Integration Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of large IT and telecom players and rising investments in deploying 5G infrastructure in the region. Increased investments in 5G infrastructure led to broader network coverage and higher capacity. This impacts system integration by providing a more extensive and robust foundation for integrating diverse applications and services. The region's dominant performance is anticipated to propel the overall demand for 5G System Integration. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as significant investments in rolling out fifth-generation networks and a rapid increase in the number of small and medium IT companies in the region.

Major market player included in this report are:
Accenture Inc
Cisco Systems Inc
Huawei Technologies Co., Ltd
Infosys Limited
Tata Consultancy Services Limited
Wipro Limited
International Business Machines Corporation.
Hewlett Packard Enterprise Development LP
Oracle Corporation
HCL Technologies Limited
Recent Developments in the Market:
In February 2023, Cisco Systems Inc., and NEC Corporation strengthened their partnership by broadening their collaboration through the Global Systems Integrator Agreement (GSIA). This enhanced collaboration aims to provide comprehensive system integration solutions and explore potential opportunities in 5G xHaul and private 5G. The focus is on assisting customers in transforming their architecture and facilitating connectivity for a larger number of people and devices. Under the expanded agreement, Cisco and NEC are working on advanced solutions for scalable 5G xHaul transport networks. These solutions encompass improved capabilities for end-to-end automation and routed optical networking, ultimately aiding operators in monetizing their 5G investments. The collaboration reflects a strategic effort to address the evolving needs of the telecommunications landscape and leverage innovative technologies for mutual benefit.
Global 5G System Integration Market Report Scope:
Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Services, Vertical, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Services
Consulting
Infrastructure Integration
Application Integration
By Vertical
Manufacturing
Energy & Utility
Media & Entertainment
IT & Telecom
Transportation & Logistics
BFSI
Healthcare
Retail
Others
By Application
Smart City
Collaborate Robot /Cloud Robot
Industrial Sensors
Logistics & Inventory Monitoring
Wireless Industry Camera
Drone
Home and Office Broadband
Vehicle-to-everything (V2X)
Gaming and Mobile Media
Remote Patient & Diagnosis Management
Intelligent Power Distribution Systems
P2P Transfers /mCommerce
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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