The 5G infrastructure market is expected to reach $33.72 billion by 2026 from $2.86 billion in 2020, at a CAGR of 50.9 percent between 2020 and 2026.
The major factors driving the growth of the 5G infrastructure market include increasing demand for mobile data services, rising importance of software implementation in communication network, growth of machine-to-machine (M2M) communication in industries, and growing demand for high speed and large network coverage.