Global 5G Technology Market
Global 5G Technology Market is expected to reach bn from 2020 to 2026, at CAGR of during forecast period.
Mobile operators are getting prepared for the mixture of notification and expectation for the 5G technology market. They know that it will open opportunities to capture assessment from new 5G use cases and widespread adoption of the Internet of Things (IoT). However, they are acutely aware that they will have to increase their infrastructure investments in this technology. For the time being, operators will still have to upgrade their 4G networks to deal withgrowing demand. In an analysis of one European country, it is predicted that network-related capital expenditures would have to increase 62% from 2020 through 2026, approximately doubling total cost of ownership (TCO) during that period.
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