Global 5G System Integration Market to Reach $91.1 Billion by 2030
The global market for 5G System Integration estimated at US$21.8 Billion in the year 2023, is expected to reach US$91.1 Billion by 2030, growing at a CAGR of 22.7% over the analysis period 2023-2030. Infrastructure IntegrationService, one of the segments analyzed in the report, is expected to record a 24% CAGR and reach US$41.9 Billion by the end of the analysis period. Growth in the Consulting Service segment is estimated at 22.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7 Billion, While China is Forecast to Grow at 22% CAGR
The 5G System Integration market in the U.S. is estimated at US$7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$15.5 Billion by the year 2030 trailing a CAGR of 22% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.2% and 18.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 15.6% CAGR.
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