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Why is Demand for 5G Infrastructure Booming in North America?

The value of the global 5G infrastructure market is predicted to advance rapidly from 2021 to 2030 (forecast period). Depending on network architecture, the market is divided into 5G standalone (NR + core) and 5G NR non-standalone (LTE combined) categories. Of these, the 5G standalone (NR + core) category held larger share in the market in 2020, and it is expected to exhibit huge expansion in the forthcoming years.

This is ascribed to the rising requirement for 5G-enabled smartphones and various other devices, several advantages of the 5G standalone architecture such as rapid provision of advanced telecommunication services without causing heavy interruptions in the existing services such as 4G, and evolving network demands. 


When end-user is taken into consideration, the 5G infrastructure market is categorized into commercial, government, industrial, and residential. Out of these, the industrial category is expected to exhibit rapid advancement in the upcoming years, on account of the rapid improvements being made in IoT and various opportunities in the machine-to-machine (M2M) connectivity.

Geographically, the 5G infrastructure market was dominated by North America in 2020, and the region will also register rapid expansion in the coming years, as per the forecast of the market research company, P&S Intelligence. This will be because of the huge investments being made in 5G infrastructure by the governments of the regional countries. 

For example, in the U.S., the Federal Communications Commission created funds for rural areas in October 2020, which helped them provide $9 billion in universal service fund for deploying advanced 5G wireless services. Therefore, it can be said without hesitation that the demand for 5G infrastructure will rise tremendously in the upcoming years, mainly because of the growing requirement for low-latency internet, soaring adoption of the 5G network, increasing mobile data traffic, and surging usage of IoT-integrated applications all over the world.

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