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Moreover, some enterprises have developed and implemented these already mentioned technologies in a fiercely competitive market. In order to achieve unified communication, manufacturers must incorporate these 5G technologies into next-generation networks. With its continuous communication and remote monitoring, this also helps to lower total operational downtime and expenses. Because of the growing requirement for 5G services to enable unified connectivity and the widespread use of the industrial internet of things (IIoT), it is therefore expected that the demand for 5G system integration services would increase over the projected period.
Due to the emergence of fifth-generation mobile network services, companies worldwide are focusing heavily on merging their outdated network infrastructure with the upcoming 5G technologies. Innovative 5G technologies are being integrated by these companies with their existing on-premises apps and cloud networks to enable seamless operation across a centralised network. Companies can use this integration technique to lower their overall response time to customers by accessing high bandwidth capacity with low latency for their operation. Thus, total operational efficiency is increased. As a result, it is projected that between 2023 and 2030, a significant rise in the need for fast internet would propel the market for 5G system integration. This will reduce total reaction time.
The growing commercial use of Software-Defined Networking (SDN) and Network Function Visualisation (NFV) is one of the primary drivers expected to drive the market for 5G system integration. Employing many virtual machines and firewalls with NFV allows enterprises to efficiently attain economies of scale. SDN, on the other hand, offers a smart network design that aims to lessen hardware limitations on the business campus.
Through an Application Programme Interface (API), SDN enables these companies to efficiently regulate how their network behaviours are utilised. Fast industry adoption of NFV and SDN technologies is anticipated to drive additional industry expansion by lowering the overall cost of network infrastructure. Consumers' growing concerns about security are a result of the quickly developing large datasets stored on the cloud and the growing necessity for cloud-based application integration. This could make it more difficult for the 5G system integration sector to grow in the future.
The report will cover the qualitative and quantitative data on the global 5G System Integration Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
By Services (Consulting, Infrastructure Integration, Application Integration), By Vertical (Manufacturing, Energy & Utility, Media & Entertainment, IT & Telecom, Transportation & Logistics, BFSI, Healthcare, Retail, Others), By Application (Smart City, Collaborate Robot /Cloud Robot, Industrial Sensors, Logistics & Inventory Monitoring, Wireless Industry Camera, Drone, Home and Office Broadband, Vehicle-to-everything (V2X), Gaming and Mobile Media, Remote Patient & Diagnosis Management, Intelligent Power Distribution Systems, P2P Transfers /mCommerce, Others).
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 28.32% from 2024 to 2032 |
Segmentation | By Services, By Vertical, By Application, By Region |
Unit | USD Billion |
By Services |
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By Vertical |
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By Application |
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By Region |
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In June 2024, At MWC Shanghai 2024, Huawei hosted the Global Launch of 5G-A Pioneers Program. The event, themed "driving shared success with 5G-A", brought together pioneering 5G operators from around the world, including China's "big three", as well as HKT, du, and Oman Telecommunications. At the event, they discussed how to drive the high-quality development of 5G-A networks and how to seize opportunities from the upcoming intelligent world to create new market space for growth.
In April 2024, Accenture has completed the acquisition of CLIMB, a technology services provider specializing in system integration, IT infrastructure management and operations, primarily in the Gunma Prefecture. The acquisition of CLIMB previously announced on April 8, 2024, adds approximately 230 people, including 200 engineers who are trained in cloud and security technologies and application management services to Accenture Technology, and brings more critical skills for global organizations in Japan to navigate technology change.
The market scope is segmented because of by Services, by Vertical, by Application.
The 5G System Integration Market segmentation, based on Services, includes consulting, infrastructure integration, and application integration. Infrastructure integration segment dominated the global market in 2022. The increasing desire for the fusion of current network infrastructure with next-generation network infrastructure is to blame for this. Therefore, integrating legacy infrastructure enables users to access the same gear with improved functionalities, lowering the cost of hardware as a result. In addition, network integration, building management, and Data Centre Infrastructure Management (DCIM) are included in the infrastructure system integration services.
The 5G System Integration Market segmentation, based on Vertical, includes manufacturing, energy & utility, media & entertainment, IT & telecom, transportation & logistics, BFSI, healthcare, retail, and others. IT and telecom segment accounted for largest share in the global market in 2022. This is explained by the rising demand for 5G integration services from different IT and telecom firms to support New Radio (NR) waves. The demand for 5G system integration services in the IT and telecom sector is expected to increase due to rising demand for integrating enterprise network infrastructure and data centre network hardware.
The 5G System Integration Market segmentation, based on Application, includes smart city, collaborate robot /cloud robot, industrial sensors, logistics & inventory monitoring, wireless industry camera, drone, home and office broadband, vehicle-to-everything (V2X), gaming and mobile media, remote patient & diagnosis management, intelligent power distribution systems, p2p transfers /mcommerce, and others. Home and office broadband segment dominated the global market in 2022. This is due to the increased demand for 5G system integration services to initially link consumers and businesses to enhanced mobile broadband (eMBB).
The following regions' markets are covered in the report: North America, Europe, Asia-Pacific, and the rest of the globe. The North America 5G System Integration Market dominated this market in 2022 (45.80%). The existence of significant telecom and IT companies like Microsoft Corporation, IBM Corporation, and Cisco Systems, Inc. is related to this. A significant need to integrate overall infrastructure and applications across numerous verticals, such as IT and telecom, energy and utilities, and healthcare, is also anticipated as a result of growing investments in the deployment of 5G infrastructure by major market players like AT&T Inc. and Verizon Communications Inc. The total expansion of the regional market is expected to pick up speed due to this feature. Further, the U.S. 5G System Integration market held the largest market share, and the Canada 5G System Integration market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Global 5G System Integration Market Regional Analysis:
The objective of the report is to present comprehensive analysis of Global 5G System Integration Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
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05 Jul 2024
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