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COVID-19 Impact on 5G Infrastructure Market - Exclusive Report by MarketsandMarkets™
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Macro cells provide radio coverage for cellular networks and comprise the bulk of 4G/5G data traffic. Though macro cell sites are costly to deploy, they generate a higher average gross margin compared with small cells since one macro cell can cover several small cells. The impact of COVID-19 on macro cells sales is expected to be high as operators are seeking to minimize their capital spending to remain in the growth stage. However, the COVID-19 crisis has made end-users realize the true value of automation, IoT, and digitalization, who are now anticipated to increase their focus on implementing 5G wireless technology across their facilities, leading to the aggressive deployment of macro cells during 2020-2025.
The industrial market is estimated to grow at the highest rate because of the growing demand for process automation in various manufacturing and process industries. 5G networks will become mainstream in industrial facilities for multiple applications. To efficiently collect, store, manage, and analyze the data generated by connected devices, a robust communication network infrastructure such as 5G will be needed to facilitate communication between IoT devices.
COVID-19 Impact on 5G Infrastructure Market"
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The 5G infrastructure industry in APAC is expected to generate the highest revenue during the forecast period. This growth is attributed to aggressive spending on the development of 5G network infrastructure by
China , South Korea ,
Japan , and India. The growing 5G subscriber base and the adoption of 5G smartphones in these countries will result in large scale deployment of 5G base stations.
Some of the major players in the global 5G infrastructure market are Ericsson ( Sweden ), Huawei Technologies Co., Ltd. (US), Nokia Networks ( Finland ), Samsung Electronics Co., Ltd. ( South Korea ), and ZTE Corporation ( China ) among others.
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