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OnOne notable trend in the 5G system integration industry is the growing emphasis on edge computing. With the proliferation of IoT devices & data-intensive applications, the need for real-time processing and reduced latency is critical. Edge computing involves the processing of data closer to its source, enabling faster responses and reducing the load on central cloud servers. This trend is driving the integration of edge computing solutions into 5G networks, optimizing data processing, and enabling applications that require immediate actions, such as autonomous vehicles & industrial automation.
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.
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.
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.
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.