The total number of mobile data subscriptions in South Africa exceeded 100 million in 2023, with around two thirds of these using 3G mobile technology. Fewer than two million used the latest 5G technology, with this figure set to more than double in 2024.

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5G Base Station Market Size 2024-2028

The 5g base station market size is forecast to increase by USD 120.98 billion at a CAGR of 38.81% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for faster and more reliable wireless communication. One key trend driving this market is the proliferation of consumer electronics, particularly IoT devices, which require high-speed connectivity. Another trend is the deployment of various types of cellular stations, including small cells, microcells, femtocells, and picocells, to enhance the 5G technology network coverage and capacity. However, the market faces challenges from regulatory protocols and complex installation processes. Memory and storage requirements are also increasing due to the large amounts of data being transmitted and processed. Furthermore, the use of fiber optic cables for backhaul connections adds to the infrastructure costs.

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The market is witnessing significant growth due to the increasing demand for high-speed network connectivity. With the rise in smartphone ownership and the availability of advanced technologies such as Augmented Reality (AR) and Virtual Reality (VR), user satisfaction is at an all-time high. The low latency offered by 5G networks is particularly beneficial for data-intensive services, including industrial internet, smart grid, autonomous driving, and telecommunications. The 5G cellular network technology provides higher bandwidth and data speeds, making it ideal for mobile Internet, IT and telecommunications, and remote work. The 5G subscriptions are expected to stream as more industries adopt this technology for their operations. The 4G networks will continue to coexist with 5G networks, providing a seamless transition for mobile devices and ensuring continuous high-speed data access. Spectrum availability and regulatory frameworks are crucial factors influencing market growth.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Macro cells
  Small cells


Application

  Telecommunication companies
  Industrial IoT
  Smart cities
  Automotive
  Others


Geography

  APAC

    China
    Japan
    South Korea


  Europe

    Germany


  North America



  Middle East and Africa



  South America

By Type Insights

The macro cells segment is estimated to witness significant growth during the forecast period. The demand for faster communication speeds and reduced latency is driving the growth of the market in the United States. This need is fueled by the increasing adoption of advanced technologies such as smart grid, autonomous driving, and robotic surgeries. These applications necessitate a strong and dependable network infrastructure, which 5G macro cell base stations can provide. With the proliferation of smart homes and the development of smart cities, there is a growing need for extensive data transfer capabilities. The 5G networks are designed to support these requirements, making macro cell base stations an essential component of the 5G infrastructure.

The high-power cell sites, including towers, antennas, and masts, offer larger coverage areas than microcells. The implementation of 5G macro cell base stations will enable the seamless integration of various IoT applications and enhance mobile broadband services. Overall, the 5G macro cell base station market in the US is poised for significant growth due to the increasing demand for high-speed connectivity and the integration of advanced technologies.

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The macro cells segment accounted for USD 166.20 million in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 83% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region is witnessing significant growth in the deployment of 5G base stations. This expansion is fueled by increasing consumer and enterprise demand for advanced connectivity solutions. Countries like China, Japan, South Korea, and Australia are prioritizing the implementation of 5G networks, with governments offering regulatory support and incentives to boost telecom operators' infrastructure investments. As a result, there has been a notable increase in the number of 5G base stations being installed in major APAC markets, with a focus on urban

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5G Equipment Market Size 2024-2028

The 5G equipment market size is forecast to increase by USD 146.95 billion at a CAGR of 81.05% between 2023 and 2028.

The market is experiencing significant growth due to the global shift towards advanced 5G services, including mobile cloud gaming, video conferencing, live broadcasting, remote-controlled machines/vehicles, public safety services, and more. Governments and financial institutions are providing assistance and commitment to the procurement of 5G equipment and spectrum acquisition to accelerate the deployment of 5G technology networks. However, there are challenges such as regulatory compliance, talent acquisition, and financial planning that need strategic planning to overcome. Moreover, the need for high throughput, reliability, and low latency in 5G networks necessitates the improvement of functionality through Advanced RAN Slicing, Time-Critical Communication, and network performance enhancement. Energy efficiency challenges in 5G small cells also require innovative solutions to ensure the sustainability and scalability of the 5G infrastructure. Overall, the market is poised for growth, driven by the demand for advanced services and the commitment of stakeholders to overcome the associated challenges.

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The market is experiencing significant growth due to the increasing adoption of fifth-generation technology standard for data-intensive applications. The proliferation of smartphones and tablets, which are capable of supporting 5G, is driving the demand for 5G equipment. The rise of data-driven services, high-definition videos, cloud-based applications, online gaming, and the remote work culture are some of the key factors fueling the market growth. 5G equipment is essential for enabling global connectivity and supporting bandwidth-intensive applications. The market is witnessing a rise in demand for IoT devices, semi-autonomous vehicles, and digitalization initiatives. The adoption of 5G is being accelerated by governments and nations to enhance their digital infrastructure.



5G equipment includes both hardware and software components. Hardware components include radio units, base stations, and customer-premise equipment. Software components include network software, security software, and edge computing capabilities. The market is expected to grow significantly due to the increasing demand for big data, cloud computing, and IoT applications. The integration of 5G with these technologies is enabling new use cases and applications, further expanding the market potential.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Macrocell
  Small cell
  Others


End-user

  Non-retail sector
  Retail sector


Geography

  North America

    US


  Europe

    UK


  APAC

    China
    Japan
    South Korea


  Middle East and Africa



  South America

By Product Insights

The macrocell segment is estimated to witness significant growth during the forecast period.

The fifth-generation technology standard, 5G, is revolutionizing global connectivity with its edge computing capabilities and high-speed data transmission. This innovation is driving the growth of various sectors, including consumer electronics, IoT devices, and semi-autonomous vehicles. The adoption of 5G is leading to digitalization and the integration of big data, cloud computing, and open RAN deployment. Telecommunications service providers are investing in hardware and software to develop the necessary infrastructure for these fifth-generation wireless networks. Macro cells, consisting of handsets, radios, and customer-premise equipment, play a crucial role in providing extensive network coverage. These high-power network cells, used to create base stations, are essential for ensuring seamless connectivity in larger areas.

To function optimally, macrocell antennas must have an unobstructed view of their surroundings. Governments and nations worldwide are recognizing the importance of 5G equipment in enhancing their digital economies and are making significant investments in its development and deployment.

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The macrocell segment was valued at USD 481.80 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 31% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the fo

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5G Testing Equipment Market Size 2024-2028

The 5G testing equipment market size is forecast to increase by USD 605.76 million at a CAGR of 8.43% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for enhanced network capacity to support connected services. Software-defined testing plays a crucial role in ensuring the reliability and performance of 5G equipment. However, the high deployment cost of 5G test equipment poses a challenge for market growth. To address this challenge, reprogrammable instrument tools and test programs are being adopted to reduce testing costs. Additionally, the implementation of Massive MIMO and mmWave technologies in 5G networks necessitates advanced channel sounding capabilities for accurate testing.
Digitalization and customer spending on mobile communications are also driving the market. The use of secure test environments is essential to protect intellectual property and maintain data privacy during testing. In summary, the market is witnessing growth due to the increasing demand for improved network capacity and software-defined testing. However, high deployment costs and the need for advanced testing capabilities for Massive MIMO and mmWave technologies present challenges. Reprogrammable instrument tools and test programs, digitalization, and customer spending are key growth factors. 

5G Testing Equipment Market Analysis

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The market is a critical component in the deployment and maintenance of 5G device infrastructure. As the demand for high-speed electric signals, wider spectrums, and increased bandwidth continues to grow, the need for advanced testing solutions becomes increasingly important. 5G networks are designed to support a multitude of applications, from IoT devices and connected cars to large data centers, entertainment, healthcare, security, and more. To ensure the optimal performance of 5G networks, specialized testing equipment is required. This includes spectrum analyzers, signal generators, and channel emulators. These tools enable network engineers to test and optimize the efficiency of 5G base stations, antennas, and network equipment.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Oscilloscopes
  Signal analyzers
  Signal generators
  Network analyzers
  Others


End-user

  Telecom equipment manufacturers
  Original device manufacturers
  Telecom service providers


Revenue

  New
  Rental


Geography

  North America

    Canada
    US


  Europe

    Germany
    Spain
    Itlay


  APAC

    China
    India
    South Korea


  Middle East and Africa



  South America

By Application Insights

The oscilloscopes segment is estimated to witness significant growth during the forecast period. In the realm of 5G technology, the significance of testing equipment is paramount in ensuring seamless wireless connections for enterprises and consumers alike. The market in the US is poised for growth, driven by the increasing demand for advanced multimedia applications and the subsequent growth in 5G traffic. Oscilloscopes held the largest market share in this domain, serving as essential tools for analyzing the waveforms of electronic signals from mobile phones, wearables, connected cars, and consumer electronic devices.

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The oscilloscopes segment was valued at USD 334.90 million in 2018 and showed a gradual increase during the forecast period. These devices measure and display the instantaneous signal voltage over time, enabling the evaluation of crucial properties such as amplitude, rise time, frequency, time interval, and distortion. Digital oscilloscopes, in particular, utilize an analog-to-digital converter (ADC) to measure 5G signals, necessitating the use of an attenuator to scale the waveform. The oscilloscopes segment is experiencing steady growth in the US market.

Will the trend of increasing adoption of IoT technology in APAC help the market grow?

APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In North America, the market is experiencing significant growth due to the increasing adoption of IoT technology in industrial applications, particularly in developed economies like the US and Canada. The US, a significant player in the region, is projected to undergo considerable expansion in i

The global wholesale roaming market is experiencing robust growth, driven by increasing international travel, the proliferation of smartphones, and the rising demand for seamless connectivity across borders. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033, reaching an estimated value of $28 billion by 2033. This growth is fueled by several key trends, including the expansion of 5G networks globally, which enhances data speeds and capacity for roaming services, and the increasing adoption of IoT devices, creating a larger ecosystem of connected devices needing roaming capabilities. Furthermore, the development of innovative billing and settlement solutions is streamlining processes and reducing costs for both operators and consumers. However, regulatory hurdles in certain regions and concerns regarding data security and privacy pose challenges to sustained market growth. The market is segmented by service type (pre-paid, post-paid) and application (data, SMS, voice), with data roaming currently dominating due to the rise of data-intensive applications like streaming and social media. Key players in this competitive market include established telecom operators like Vodafone and Telefonica, as well as specialized wholesale roaming providers like BICS and Syniverse, constantly innovating to maintain market share. The competitive landscape is characterized by both large established players and smaller, agile companies specializing in specific niches. Strategies focus on offering competitive pricing, superior network quality, and efficient billing solutions. The growth in emerging markets, especially in Asia-Pacific, presents significant opportunities, as these regions witness increasing mobile penetration and international travel. Continued investments in network infrastructure and technological advancements will be critical for sustained growth in the wholesale roaming market. Understanding the specific regulatory environments in different regions remains vital for successful market entry and expansion. The balance between offering competitive pricing, maintaining high-quality service, and managing security risks is crucial for profitability and customer satisfaction within this dynamic market.

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5G Chipset Market Size 2024-2028

The 5g chipset market size is forecast to increase by USD 42.91 billion at a CAGR of 17.3% between 2023 and 2028.

The market is experiencing significant growth due to the increasing adoption of smart city projects and the launch of innovative 5G chipsets. The integration of 5G technology in various industries, including automotive, healthcare, and telecommunications, is driving market growth. However, production challenges persist, including the complexities of manufacturing 5G chipsets and ensuring compatibility with various devices and networks. These issues may hinder market expansion, but advancements in technology and collaborative efforts among industry players are expected to mitigate these challenges. Overall, the market is poised for robust growth, with the potential to revolutionize the way we connect and communicate.

What will be the Size of the 5G Chipset Market During the Forecast Period?

Request Free SampleThe market is experiencing significant growth due to the increasing demand for high-speed internet and advanced network coverage. With the proliferation of cellular connections, Machine-to-Machine (M2M) IoT, and automotive adoption, mobile data traffic is surging, driving the need for low-latency infrastructure. Consumer electronics, artificial intelligence, and network optimization are also key sectors fueling the adoption of 5G technology. Self-organizing networks, beamforming optimization, design acceleration, dynamic resource allocation, edge computing, and industrial IoT are some of the innovative technologies shaping the market. Semiconductor manufacturers are addressing design challenges by developing compact form factors with high efficiency and data capacity to meet the demands of the market.The market is witnessing intense competition among players, with frequent announcements of new chipsets in various frequency bands. The focus on delivering an optimal connectivity experience is a priority for both manufacturers and end-users.

How is this 5G Chipset Industry segmented and which is the largest segment?

The 5g chipset industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeRFICsModemEnd-userMobile devicesTelecommunication infrastructureNon-mobile devicesAutomobileGeographyNorth AmericaCanadaUSEuropeGermanyUKFranceAPACChinaJapanSouth KoreaSouth AmericaBrazilMiddle East and Africa

By Type Insights

The rfics segment is estimated to witness significant growth during the forecast period.

Radio-frequency integrated circuits (RFICs) play a vital role In the market, facilitating wireless communication by converting analog and digital signals. These components are integral to 5G infrastructure, powering applications from smartphones and base stations to IoT devices. The market for RFICs is expanding due to the growing demand for high-speed, low-latency 5G networks. Key industries, such as automotive and industrial IoT, are driving this trend, necessitating advanced connectivity solutions. GCT Semiconductor's recent partnership with a leading infrastructure provider to develop Fixed Wireless Access (FWA) technology using their 5G modem chipset and RFIC solutions underscores this need. The market is characterized by its emphasis on high throughput, low latency, and mm Wave Technology.As 5G networks continue to roll out, RFICs will remain essential for delivering the high-speed, efficient connectivity that powers the digital transformation across various industries.

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The RFICs segment was valued at USD 12.37 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 43% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market holds substantial growth potential for 5G chipsets, fueled by the extensive rollout of 5G networks and the increasing adoption of 5G-enabled devices. In the US and Canada, over 300 million people, accounting for approximately 90% of the population, are covered by low-band 5G services from leading providers. Mid-band 5G coverage ranges from 210 to 300 million people. The deployment of mmWave technology in major urban areas underscores the region's dedication to advancing 5G infrastructure. With extensive network coverage, the demand for 5G chipsets in various devices, including consumer electronics, automotive, and industrial applications, is

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Modular Data Centers Market Size 2024-2028

The global modular data centers market size is forecast to increase by USD 42.56 billion, at a CAGR of 19.8% between 2023 and 2028. The need to streamline traditional data centers is a major factor fueling market growth. Today, companies running single conventional data centers grapple with complex management and soaring capital costs due to sophisticated power and cooling systems. With the current economic recession, businesses are increasingly seeking cost-effective and scalable solutions. Modular data centers, with their standardized, portable designs, provide an ideal alternative that can be quickly deployed. Mobile network operators and colocation providers are among the leading users of these solutions. These modular setups are more environmentally friendly, thanks to their energy-efficient HVAC systems and IT equipment. As big data, AI, cloud computing, 5G, and IoT applications require higher operating temperatures, the flexibility and scalability of modular designs become even more crucial.

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Market Segmentation

By End-user

IT and Telecom is the Leading Segment to Dominate the Market

The IT and telecom segment is estimated to witness significant growth during the forecast period. In the global market, Modular Data Centers hold a significant share, particularly in the IT and telecom sector. These centers are essential for providing the required computing power and storage for various applications and services in the industry. With the rise of cloud computing, the demand for data centers has escalated, as businesses seek to access resources without substantial capital expenditure. The IT and telecom segment was the largest and was valued at USD 4.02 billion in 2018. The influx of data from businesses and individuals necessitates data centers capable of handling vast amounts of information. Recession or not, Modular Data Centers offer scalability and rapid deployment, making them attractive to mobile network providers and data center colocation providers. Green data centers, with their standard design and cooling systems, are increasingly popular due to their energy efficiency. Big data, AI, cloud computing, 5G infrastructure, Internet of things, and cloud-based solutions are driving the market's growth.

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North America Holds a Prominent Position in the Market

North America is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Edge computing trend is driving the growth of the market in the US and Canada, particularly in the BFSI industry. Large enterprises are shifting towards energy-efficient data centers to minimize costs and CAPEX, opting for cloud solutions from hyperscale providers like AWS, Microsoft, and Oracle. As of 2021, the US hosts over 2,670 data centers, making it the global leader. Quicksilver Capital and the World Economic Forum highlight the importance of digital transformation in this context. These offer Scalable data centers for large enterprises, enabling them to meet their computing capacity requirements efficiently.

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Market Dynamics and Customer Landscape

They have emerged as a popular solution for businesses seeking scalability and rapid deployment during times of economic uncertainty, such as a recession. These data centers utilize a modular design, allowing for easy expansion and contraction based on demand. Green data centers, which prioritize energy efficiency, are a key focus in the modular data center market. Mobile network providers and large enterprises are major consumers, as they require cloud-based networking and 5G infrastructure to support digital transformation initiatives. The solutions sub-segment and services segment of the modular data center market are expected to grow significantly, as businesses increasingly turn to cloud-based solutions for their data storage and processing needs. The World Economic Forum has the importance of energy-efficient data centers in reducing carbon emissions and mitigating the environmental impact of digitalization. Quicksilver Capital and other investors have shown interest in the modular data center market, recognizing its potential for innovation and growth. Overall, the modular data center market is poised for expansion, driven by the need for scalable, energy-efficient, and quickly deployable solutions.

Key Market Driver

Requirement to reduce complexity of traditional data centers is notably driving market growth. In today's business landscape, enterprises operating a single traditional data center face

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5G Services Market Size 2024-2028

The 5G services market size is forecast to increase by USD 397.6 billion at a CAGR of 31.13% between 2023 and 2028.

The market's growth is contingent upon several key factors. These include increased research and development efforts and the rollout of 5G networks, government initiatives to promote high-speed network connectivity, and the escalating demand for smartphones and enhanced connectivity. This comprehensive report delves into the critical drivers, trends, and challenges shaping the market landscape over the forecasted period. Smart agriculture, precision farming, and sensors are revolutionizing soil conditions monitoring in agriculture.
Furthermore, the emphasis on 5G enterprise signifies a transition towards faster and more dependable connectivity, further bolstered by governmental support for infrastructure development. Simultaneously, the growth in smartphone usage fuels consumer demands for uninterrupted connectivity, spurring industry advancements. However, challenges persist, such as the high costs of infrastructure and the intricacies of implementing this technology, which will influence the trajectory of this dynamic market segment.

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The market is experiencing significant growth due to the implementation of advanced technologies such as 5G networks, real-time data collection, and IoT devices in various industries. In the energy sector, 5G technology is being integrated into smart grid systems to optimize power distribution and reduce energy losses. 5G subscribers are increasingly adopting Virtual Reality (VR) and Augmented Reality (AR) for interactive experiences in gaming, education, and training. UltraHigh Definition (UHD) streaming is also gaining popularity among consumers.
Additionally, the telecom and IT industry is leveraging 5G services for FWA (Fixed Wireless Access) 5G Services, telemedicine, and autonomous vehicles. Factors such as the increasing adoption of technologies such as video streaming, video calling and digital payments is driving the growth of the regional market. Edge computing and industrial automation are other key applications of 5G technology. Smart city systems, healthcare monitoring, and service providers are also benefiting from the low latency and high bandwidth offered by 5G networks. Small cells and fiber optic networks are essential infrastructure components for 5G services deployment. Specialized antennas are being developed to enhance network coverage and capacity. The evolution of 5G technology is paving the way for 6G technology and its potential applications.

How is this 5G Services Industry segmented and which is the largest segment?

The 5G services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Technology

  eMBB
  FWA
  mMTC
  uRLLC


End-user

  Consumers
  Enterprises


Geography

  North America

    Canada
    US


  APAC

    China
    Japan


  Europe

    Germany


  Middle East and Africa



  South America

By Technology Insights

The EMBB segment is estimated to witness significant growth during the forecast period.

The benefits of EMBB go beyond meeting consumer demand for ever-increasing data traffic. Communication service providers (CSPs) in several markets are gradually migrating to 5G networks, and the number of subscriptions is growing rapidly. In this market, the commercial deployments have been driven by enhanced mobile broadband (EMBB) services, which have elevated 4G LTE mobile broadband experiences to the next level, primarily connecting consumer smartphones and targeting consumer applications.

Moreover, these services represent an evolutionary approach for CSPs to meet consumers' insatiable appetites for faster and better mobile experiences. The market refers to the segment within the telecommunications industry that involves the production, sale, and distribution of hardware and infrastructure necessary for the deployment and operation of 5G networks. Consumers are largely satisfied with their current home and mobile internet services and internet speeds; however, there are concerns among them regarding overall reliability, speed, and cost.

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The EMBB segment was valued at USD 22.80 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 43% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the f

As of 2021, 99.9 percent of the population in South Africa had access to the 3G mobile network. 4G/LTE coverage increased significantly from 53 percent in 2015 to 97.7 percent in 2021. This trend was accompanied by rapidly growing smartphone penetration that more than doubled to 91.2 percent over the four year period from 2016 to 2019. In 2021, 7.5 percent of South Africa had 5G coverage.

The market for low-loss materials used in 5G and 6G technologies is projected to reach USD 1.8 billion by 2033, exhibiting a CAGR of 12.5% during the forecast period. The growing demand for high-speed and low-latency connectivity in mobile devices and infrastructure is driving the market for low-loss materials. The increasing adoption of 5G networks, the development of 6G technologies, and the rising penetration of smartphones and other connected devices are key factors fueling market growth. The market for low-loss materials is segmented based on type, application, and region. The type segment includes thermoset, thermoplastics, ceramics, and glass. The application segment comprises infrastructure, smartphones, and customer premises equipment (CPE). Regionally, the market is divided into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. North America is expected to dominate the market due to the presence of major 5G and 6G infrastructure providers and the early adoption of these technologies. Asia Pacific is projected to witness significant growth due to the increasing demand for smartphones and the rapid adoption of 5G networks in the region. The global market for low-loss materials is projected to reach $10.5 billion by 2026, growing at a CAGR of 12.6% from 2021 to 2026. The growth of this market is attributed to the increasing demand for high-speed data transmission in 5G and 6G networks. Low-loss materials are used in a variety of applications in 5G and 6G networks, including antennas, cables, connectors, and printed circuit boards (PCBs).

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Mobile Edge Computing Market Size 2024-2028

The mobile edge computing market size is forecast to increase by USD 3.55 billion at a CAGR of 46.12% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The rise in health applications and the need for real-time data processing are pushing the demand for edge computing in the healthcare sector. In the entertainment industry, computational offloading and edge-computing video caching are becoming essential for delivering high-quality streaming services. Strategic collaborations among market participants are also driving innovation in edge computing, particularly in areas like collaborative computing and connected cars. Additionally, the deployment of 5G technology is expected to increase the demand for mobile edge computing, despite its high cost. Smart venues and enterprises are also adopting edge computing for improved content delivery and enhanced operational efficiency. This market is poised for continued growth as these trends and drivers shape the future of mobile computing.

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Mobile edge computing (MEC) is an innovative technology that brings computing power closer to the source of data generation, primarily in cellular networks. This approach aims to address network congestion issues and improve the quality of experience (QoE) for various applications, including healthcare, autonomous vehicles, and augmented reality (AR)/virtual reality (VR). In the IT service environment, mobile edge computing plays a crucial role in the telecommunications networking landscape. By leveraging cellular base stations as mini-data centers, MEC technology enables real-time processing of data at the edge, reducing latency and improving overall network efficiency. Further, the integration of 5G technologies and IoT solutions into the telecom industry has significantly increased the demand for mobile edge computing capabilities. As 5G networks offer faster speeds and lower latency compared to 4G networks, MEC technology becomes essential to ensure optimal performance and QoE for applications such as connected automobile infrastructure and AR/VR experiences. Cellular MEC technology is particularly beneficial for industries that require real-time data processing, such as healthcare. By processing patient data at the edge, healthcare providers can make quicker, more informed decisions, ultimately improving patient outcomes and overall care.

Moreover, mobile edge computing is an essential component of the evolving connected automobile infrastructure. With the increasing adoption of autonomous vehicles, real-time data security processing and analysis are crucial for ensuring safety and efficiency. MEC technology enables this by processing data from various sensors and systems directly at the edge, reducing latency and improving overall system performance. In the context of telecommunications networking, mobile edge computing offers significant advantages in terms of network efficiency and QoE. By processing data at the edge, network congestion is reduced, and the overall performance of the radio access network is improved. This is especially important for applications that require low latency, such as AR/VR experiences, which can be particularly demanding on network resources. In conclusion, mobile edge computing represents a significant evolution in the IT service environment, particularly in the context of cellular networks and the telecom industry. By bringing computing power closer to the source of data generation, MEC technology addresses network congestion issues, improves QoE, and enables real-time processing for various applications, ultimately driving innovation and growth in the sector.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Hardware
  Software


Geography

  North America

    US


  Europe

    Germany
    UK


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Component Insights

The hardware segment is estimated to witness significant growth during the forecast period. Mobile edge computing refers to the processing of data and applications on devices or servers located closer to the source of data, rather than relying on remote servers. This approach is gaining popularity in various industries, particularly in sectors that require real-time data processing and low latency, such as Health and Entertainment. The hardware components necessary for mobile edge computing include processors, servers, switches, routers, and end devices. The selection and size of these components depend on the specific use case

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Subscriber Data Management Market Size 2024-2028

The subscriber data management market size is forecast to increase by USD 4.08 billion at a CAGR of 16.9% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. The increasing number of mobile users and their reliance on mobile subscriptions for connectivity is driving market expansion. Furthermore, the adoption of advanced technologies such as 5G and Internet Protocol (IP) is fueling the demand for more efficient data management solutions. The Internet of Things (IoT) is also contributing to the market's growth, as more devices become connected and generate vast amounts of data. However, this data comes with security risks, making it essential for telecom service providers to invest in strong security solutions to protect their subscribers' privacy. Data backup and disaster recovery solutions are also becoming increasingly important as the volume of data continues to grow. This market analysis report provides a comprehensive study of these trends and the market's growth factors.

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The market plays a crucial role in the telecom service industry by enabling efficient and secure handling of subscriber data for various Communication Service Providers (CSPs), including network carriers, telecom operators, and mobile service providers. This data encompasses sensitive information related to mobile subscriptions, identity management, and user data repositories. Cloud-based and on-premise SDM solutions cater to the diverse needs of CSPs, offering flexibility and scalability. Network Functions Virtualization (NFV) and Long-Term Evolution (LTE) technologies, such as Voice over LTE (VoLTE) and Volte, facilitate seamless integration with these SDM solutions. The increasing adoption of advanced mobile technologies, like 5G subscriptions, smart TVs, and IoT devices, necessitates strong data management systems. However, this growth comes with challenges, particularly in the areas of data security and privacy. Cyberattacks and data invasion pose significant threats to CSPs, necessitating stringent measures to safeguard subscriber data. Telecom service providers must adhere to data privacy policies and regulatory requirements, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), to protect user data.
Effective policy management and user authentication are essential components of any comprehensive SDM strategy. Mobile networks and telecommunication network providers are essential infrastructure for modern communication, making data security an imperative. SDM solutions enable CSPs to implement advanced security features, including encryption, access control, and intrusion detection, to protect against potential threats. In conclusion, the market is a vital segment of the telecommunications industry, focusing on the secure and efficient handling of sensitive subscriber data. With the increasing adoption of advanced technologies and the growing importance of data security and privacy, the need for strong SDM solutions is more critical than ever. CSPs must invest in innovative SDM solutions to meet the evolving needs of their customers and protect their valuable data assets.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Mobile networks
  Fixed networks


Geography

  North America

    Canada
    Mexico
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

By Type Insights

The mobile networks segment is estimated to witness significant growth during the forecast period.

The market is experiencing substantial growth, with mobile networks playing a pivotal role in driving revenue. The widespread adoption of smartphones and the escalating demand for high-speed data services, such as Voice Over IP, are primary factors fueling this growth. Telecommunication network providers must manage the massive volumes of customer information generated by mobile subscribers to ensure efficient service delivery and optimal user experiences.

Additionally, with the introduction of 5G technology, the complexity of data management has intensified, necessitating advanced SDM systems. Real-time processing, authentication, and security are essential components of these systems to accommodate the unique requirements of 5G networks. Cloud-native designs offer flexibility, scalability, and cost savings, making them a preferred choice for SDM solutions in the US market. As the number of urban te