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Operators to Spend $21 Billion on 5G New Radio by 2025, says SNS Research

Clock 4 months ago
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Operators to Spend  $21 Billion on 5G New Radio by 2025, says SNS Research Image Credit: Ericsson

SNS Research's latest report indicates that mobile operators will spend more than $21 Billion on standardized 5G NR (New Radio) infrastructure by the end of 2025.

Despite the lack of sufficient LTE coverage in parts of the world, mobile operators and vendors have already embarked on R&D initiatives to develop 5G, the next evolution in mobile networks.

5G is expected to provide a single network environment to deliver not only existing mobile broadband and IoT services, but also new innovations such as self-driving cars, cloud robotics, 3D holographic telepresence and remote surgery with haptic feedback. Although 2020 has conventionally been regarded as the headline date for 5G commercialization, the very first standardized deployments of the technology are expected to be commercialized as early as 2019 with the 3GPP's initial 5G specifications set to be implementation-ready by March 2018. 

Between 2019 and 2025, SNS expects the standardized 5G NR infrastructure market to aggressively grow at a CAGR of approximately 70%, eventually accounting for over $21 Billion in annual spending by the end of 2025. The market will be complemented by additional investments of over $7 Billion on NextGen (Next Generation) core and transport (fronthaul/backhaul) networking infrastructure, said the market research firm.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

Ray can be reached at ray.sharma(at)thefastmode.com.

 

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