Global 5G Market Report|Forecast 2028|Delvens

The Global 5G market is anticipated to reach USD 45.8 billion by 2020 growing at a CAGR of 32.8% during the forecasting period, 2020-2028. 5G market is set to empower connected environments with the help of a wide range of use cases and business models to consumers. Furthermore, the availability of faster speed data and low latency presented by 5G would likely to enhance and improve the user experience while using 5G services. Increasing demand for high-speed data connectivity in various applications such as smart home energy management is projected to drive the market for 5G. 5G market holds huge potential in transforming various industries by cutting down the overall cost and improving productivity.