By 2020, global 5G wireless network infrastructure revenue would reach $4.2 billion, an 89 per cent increase from 2019 revenue of $2.2 billion, a new report by Gartner Inc. said on Thursday.
Gartner forecasts that investments in 5G NR network infrastructure would account for 6 per cent of the total wireless infrastructure revenue of communications service providers (CSPs) in 2019, and that this figure will reach 12 per cent in 2020.
“5G wireless network infrastructure revenue will nearly double between 2019 and 2020. For 5G deployments in 2019, CSPs are using non-stand-alone technology. This enables them to introduce 5G services that run more quickly, as 5G New Radio (NR) equipment can be rolled out alongside existing 4G core network infrastructure,” Sylvain Fabre, Senior Research Director at Gartner, said in a statement.