Market research reports, consulting: Global Market Insights Inc.

Home > Media and Technology > Information Technology > IT Applications > 5g system integration market

5G System Integration Market Size

Report ID: GMI6596 Published Date: August 2023Report Format: PDF
Download Free Sample
Summary
Table of Content

5G System Integration Market Size

5G System Integration Market size crossed USD 9.9 billion in 2022 and is expected to grow at a CAGR of 20% between 2023 and 2032. The rapid adoption of 5G is significantly influencing the market growth. For instance, China Mobile, the leading network operator in China, reported an 8.4% year-on-year increase in net profit in 2023 due to the rising adoption of 5G in China. The company added a remarkable 130 million network operators in the first half of 2023.

 

5G System Integration Market

As industries embrace the transformative capabilities of 5G, demand for the seamless integration of complex networks, devices, and applications is escalating. Integrators are under pressure to deliver swift & efficient solutions to accommodate the increasing number of 5G-connected devices & applications. This trend is driving innovations in system integration, fostering partnerships, and highlighting the need for skilled professionals to meet the evolving challenges of integrating diverse technologies in the dynamic 5G landscape.

The rising demand for Industry 4.0 technologies and the evolution of smart cities are significantly impacting the 5G integration system market. Industry 4.0 emphasis on automation and data-driven processes requires the seamless integration of diverse systems, devices, and data streams. Similarly, the development of smart cities relies on interconnected infrastructure, which requires the efficient integration of various services. These trends are augmenting the demand for advanced 5G integration solutions that enable seamless connectivity, interoperability, and optimized resource utilization in both industrial & urban environments. 

Data security concerns can be attributed to the increased complexity & connectivity of integrated networks. Interactions among diverse devices & systems are leading to the heightened risk of unauthorized access, breaches, and data leaks. To address these concerns, robust encryption protocols, multi-factor authentication & continuous monitoring are being implemented. Regular security audits, employee training, and adherence to industry standards can bolster data protection. Collaborations with experienced security experts & vendors can ensure that integrated 5G systems maintain the highest level of data security and privacy.

Author: Preeti Wadhwani,
Frequently Asked Question(FAQ) :

How are infrastructure integration services driving the 5G system integration market?+

The infrastructure integration services segment recorded USD 3.95 billion in 2022 and will witness significant growth from 2023-2032 on account of the widespread adoption of 5G networks.

How big is the 5G system integration industry?+

Global market size for 5G system integration was valued at USD 9.9 billion in 2022 and will register over 20% CAGR from 2023-2032 due to rapid adoption of 5G technologies worldwide.

Who are the key 5G system integration industry players?+

Samsung Electronics Co., Ltd., Infosys Limited, Ericsson, Wipro Limited, Tata Consultancy Services Limited, IBM Corporation, Oracle Corporation, and Accenture Inc. are some of the major 5G system integration companies worldwide.

What factors are influencing 5G system integration market growth in North America?+

North America held 33% share of the industry in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the increasing presence of industries, such as manufacturing, healthcare, and automation in the region.

5G System Integration Market Scope

Related Reports

Buy Now

Premium Report Details

Download Free Sample