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5G Equipment Market size is set to grow by USD 146.95 billion from 2024-2028, Adoption of 5G networks for smart cities boost the market, Technavio

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NEW YORK, July 2, 2024 /PRNewswire/ — The global 5G equipment market size is estimated to grow by USD 146.95 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 81.05% during the forecast period. Adoption of 5G networks for smart cities is driving market growth, with a trend towards growing r and d and deployment of 5G network. However, energy efficiency challenges in 5g small cell networks poses a challenge. Key market players include Airspan Networks Holdings Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd., and ZTE Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

5G Equipment Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 81.05%

Market growth 2024-2028

USD 146954.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

69.9

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 31%

Key countries

US, China, UK, South Korea, and Japan

Key companies profiled

Airspan Networks Holdings Inc., Alpha Networks Inc., Altiostar, Analog Devices Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Infinite Electronics Inc., Laird Connectivity, Mavenir Systems Inc., NEC Corp., Nokia Corp., Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Wireless Excellence Ltd., and ZTE Corp.

 

Market Driver

The global 5G equipment market is experiencing significant growth due to increased R&D investments in 5G technology by companies like Ericsson. With over USD350 million spent on 5G R&D since 2018, the focus is on creating innovative portable technologies. The shift from 4G to 5G is evident in regions such as Sub-Saharan Africa, where 48% of 2023’s 5G network launches occurred. India, too, has seen the expansion of 5G networks to over 730 districts and 100 million subscribers. These factors collectively contribute to the market’s growth during the forecast period. 

The 5G equipment market is experiencing significant growth with the implementation of new technologies. Networking equipment such as routers, switches, and modems are in high demand. The use of 5G technology requires advanced capabilities, leading to the need for new and upgraded equipment. Manufacturing companies are responding with innovative solutions, including customizable and efficient 5G infrastructure. The demand for 5G equipment is driven by the increasing need for faster and more reliable connectivity. The market is expected to continue growing, with Tablets, bandwidth, and cloud-based services also playing a role. Overall, the 5G equipment market is an essential component of the digital transformation trend. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The 5G equipment market faces challenges in ensuring energy efficiency, particularly with the deployment of small cells. The increase in network traffic due to higher consumer adoption of 5G and 4G will necessitate redesigning network infrastructure. Ultra-dense network (UDN) organization will increase energy usage, primarily due to the rising number of users. Telecommunications firms must balance transmission and computational power to offer increased bandwidth while maintaining energy efficiency. Manufacturers must address this trade-off and focus on energy-saving solutions to mitigate the impact on the global 5G equipment market growth.The 5G equipment market is experiencing significant growth, with numerous companies and manufacturers investing in new technologies. However, challenges persist in the implementation and deployment of 5G infrastructure. One major challenge is the high cost of 5G equipment and components, such as antennas and base stations. Additionally, the complex nature of 5G technology requires advanced technical expertise and specialized skills. Another challenge is the need for extensive network coverage and capacity to support the increasing demand for high-speed data and connectivity. Furthermore, regulatory issues and standardization processes also pose challenges to the market’s growth. Despite these challenges, the potential benefits of 5G technology, including increased efficiency, faster data transfer, and improved network reliability, make it a worthwhile investment for businesses and consumers alike.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This 5g equipment market report extensively covers market segmentation by 

Product 1.1 Macrocell1.2 Small cell1.3 OthersEnd-user 2.1 Non-retail sector2.2 Retail sectorGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Macrocell- The 5G equipment market is experiencing significant growth due to the increasing demand for macrocells in expanding urban areas. Macrocells, high-power network cells, provide extensive coverage for large towns and transmit intense data signals. Integrated with power semiconductor devices, they support the high-power density requirements of 5G infrastructure. The focus on smart city development worldwide is driving this trend, as macrocells enable the deployment of 5G networks over extensive city areas and offer high user connection capacity.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The 5G equipment market is experiencing significant growth due to the increasing adoption of fifth-generation technology standard worldwide. This advancement in wireless communication is revolutionizing various sectors, including data-intensive applications, smartphones, tablets, and data-driven services. The proliferation of high-definition videos, cloud-based applications, online gaming, and IoT devices is driving the demand for 5G equipment. Governments and nations are investing heavily in 5G infrastructure to support the remote work culture and edge computing capabilities. The integration of 5G with semi-autonomous vehicles, digitalization, IoT, big data, and cloud computing is transforming industries and enhancing global connectivity. The hardware and software components of 5G equipment are essential for delivering the required bandwidth and reliability for these applications.

Learn and explore more about Technavio’s in-depth research reports

Global 5G Fixed Wireless Access (FWA) Market: The global 5G Fixed Wireless Access (FWA) market is poised for substantial growth, driven by increasing demand for high-speed internet connectivity in residential and commercial sectors. With 5G technology’s promise of ultra-low latency and higher data speeds, providers are expanding their FWA offerings to capitalize on this burgeoning market.

Global Vehicle-to-Grid Market: The global Vehicle-to-Grid (V2G) market is gaining traction as a pivotal solution for energy management and electric vehicle integration. V2G technology allows electric vehicles to not only consume power but also supply excess energy back to the grid, enhancing grid stability and enabling cost-effective energy management solutions globally.

Market Research Overview

The 5G Equipment Market is experiencing significant growth due to the increasing demand for faster and more reliable wireless communication. This market encompasses various components such as antennas, base stations, routers, and other networking equipment necessary for 5G networks. The technology behind 5G, including Massive MIMO and beamforming, requires advanced and sophisticated equipment. The implementation of 5G is also driving the development of new applications in areas like autonomous vehicles, smart cities, and telemedicine. The global market for 5G equipment is expected to reach substantial growth in the coming years, with key drivers being the increasing number of 5G deployments and the ongoing advancements in 5G technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductMacrocellSmall CellOthersEnd-userNon-retail SectorRetail SectorGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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RedThread Report Reveals 50% Drop in L&D’s Involvement in Strategic Discussions, Offers Framework for Reclaiming Influence

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RedThread Research’s latest report, Hope Isn’t a Plan: Building a Progressive L&D Strategy, highlights a 50% drop in Learning & Development involvement in business strategy discussions over the past two years, signaling a shift from strategic partner to reactive function. The report also provides a comprehensive five-part framework to help L&D leaders articulate their strategy, collaborate effectively across departments, and balance stability with flexibility.

WOODSIDE, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — RedThread Research has published its latest report, “Hope Isn’t a Plan: Building a Progressive L&D Strategy,” which underscores the declining strategic role of Learning & Development (L&D) functions and offers a comprehensive framework for leaders seeking to recalibrate their strategies.

“L&D needs to rethink its strategy or risk becoming irrelevant. More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The study reveals a sharp 50% drop in L&D’s involvement in business strategy discussions over the past two years, signaling an alarming shift from strategic partner to reactive supporter. The research also shows that L&D’s involvement in workforce planning discussions similarly declined sharply over this same period.

“L&D needs to reclaim its strategic voice or risk becoming irrelevant,” said Dani Johnson, Co-founder and Principal Analyst at RedThread Research. “More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The report highlights several pressing insights, including:

Declining Strategic Influence: L&D’s diminishing role in strategy discussions has led to a more tactical and reactive function in many organizations.The Importance of Articulating Strategy: Many L&D leaders lack a clearly communicated and well-defined strategy, further compounding their inability to respond effectively to changing business needs.Collaboration as a Cornerstone: Successful employee development requires structured collaboration and cooperation across departments, challenging entrenched mindsets about L&D’s role. L&D functions need a plan for how to best collaborate with other business functions.Balancing Stability with Flexibility: While adaptability is essential, the report argues that stability also forms the foundation for long-term success in L&D efforts.A Five-Part Strategic Framework: The study provides a detailed framework comprising five core elements of an L&D Strategy—Organizational Alignment, Employee Impact, Operations and Governance, Tech and Data, and Stakeholder Engagement.

“Learning and Development can’t afford to play it safe,” added Johnson. “They must be prepared to continually evolve— locking down what works while still flexing to meet what comes next. And they need to double down on strategy to show how that connects back to outcomes — and prove that L&D is not just a cost center but a critical driver of success.”

For access to an infographic of the framework and other exclusive research, navigate to https://members.redthreadresearch.com/spaces/12680089/feed and register for a complimentary Starter Tier membership in the RedThread Research community.

For companies and individuals interested in exploring this research more deeply, RedThread offers exclusive membership opportunities. Join the RedThread research community or the Tech Consortium by visiting the RedThread website (https://www.redthreadresearch.com) or reaching out to RedThread by emailing hello@redthreadresearch.com. 

About RedThread Research

At RedThread Research, we get it.

Sure, we’re experts in performance, people analytics, learning, and D&I – and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of #!%. Our mission (indeed, our very reason for existing) is to cut through the noise, and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas – even among seemingly unrelated concepts. The result is high-quality, unbiased, transformative foresight that helps you build a stronger business.

To learn more, visit https://www.redthreadresearch.com.

Heather Gilmartin
RedThread Research
646-275-0742
heathergilmartin@redthreadresearch.com

Media Contact

Heather Gilmartin Adams, RedThreadResearch, 6462750742, heathergilmartin@redthreadresearch.com, https://redthreadresearch.com/

View original content:https://www.prweb.com/releases/redthread-report-reveals-50-drop-in-lds-involvement-in-strategic-discussions-offers-framework-for-reclaiming-influence-302306028.html

SOURCE RedThreadResearch; RedThreadResearch

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SONOR INVESTMENTS LIMITED APPOINTS NEW INTERIM CHIEF FINANCIAL OFFICER AND TREASURER

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TORONTO, Nov. 14, 2024 /CNW/ – Sonor Investments Limited (“Sonor”) announced today that Fanny Chantal Grenier was appointed Treasurer and Chief Financial Officer of Sonor effective November 12, 2024 to replace Rosabell Chung Hun who resigned from this position as of such date.

Michael Gardiner, Chairman and Chief Executive Officer of Sonor, stated “we would like to express our gratitude for Rosabell Chung Hun’s significant contributions and dedication to our company”. He went on to say “for the immediate future, Fanny Chantal Grenier is to be appointed as the interim Chief Financial Officer  and Treasurer of the company until we have a permanent replacement. We are in the process of examining our human resources plan that will be discussed and presented at our next board meeting”.

Ms. Grenier presently holds the position of President of Fairwater Capital Corporation, is a qualified CA CPA and brings extensive experience in financial leadership. She has a proven track record in advancing fiscal responsibility and operational efficiency.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

SOURCE Sonor Investments Limited

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Odyssey Impact’s New Grant Opportunity: $2,500 – $25,000 for Local Nonprofits — But Don’t Bother If You JUST Want to Raise Awareness

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Odyssey Impact is awarding grants ranging from $2,500 to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) with creative and unique ideas for tackling local challenges and bringing people together in person. The Connected Communities Grants are simple and streamlined… no epic application process and no weeks-long recap reports. The grants were created to help bring about impactful and meaningful change that connects and strengthens local communities. The deadline to apply is December 11, 2024 and winners will be announced in January 2025.

NEW YORK, Nov. 14, 2024 /PRNewswire-PRWeb/ — If you’re tired of JUST TALKING ABOUT A PROBLEM, WE’RE WITH YOU. WE WANT TO FIND SOLUTIONS. And if you’re also tired of filling out long applications, running “awareness” campaigns, or spending weeks cobbling together post-grant reports, Odyssey Impact® has some great news for you.

Through the simple and streamlined Connected Communities Grants, Odyssey Impact® is offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help solve problems in their communities and bring people together in person.

We’re ditching all that in our new SIMPLE AND STREAMLINED Connected Communities Grants, offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help SOLVE PROBLEMS in their communities.

Grants will range from $2,500 to $25,000 for applicants with CREATIVE and UNIQUE ideas for tackling local challenges and bringing people together IN PERSON. You know what your town needs and we want to help you make it happen.

Our Mandate is Simple: We want creative ways to help connect people in real-time, in meaningful ways.

Odyssey Impact Board President, Riaz Patel, and co-founder of ConnectEffect, underscores the critical importance of real, in-person connection:

“We’re facing an unprecedented epidemic of isolation, alienation, and loneliness. We don’t need more awareness or research to know it’s a massive problem. We need bold, innovative solutions from creative thinkers to reignite a sense of community across America.”

Interested in applying? Awesome! But here’s what we don’t want:

We’re not looking for “scalable” projects. We ARE looking for local and connected.No “awareness campaigns.” We want to help you take real action instead.No “virtual” events. We are funding in-person, live human stuff.Skip the epic applications. We don’t have the time for those either.No weeks-long recap reports. We’d rather see your great pics and videos.No galas, golf tournaments, or fundraisers. We want project- and program-focused ideas.

Got something cool and community-focused in mind? Perfect! We want unique ideas that make sense for your community, and we want you to spell it out clearly (without all the fluff) — how your project will connect people, foster innovation, and bring the community together.

We need this now more than ever, and if you agree, you are our kind of grantee applicant.

You can apply now through December 11th at odyssey-impact.org,

Winners will be announced in January 2025.

Together, we can truly create impactful and meaningful change that connects and strengthens our local communities.

About Odyssey Impact®

Odyssey Impact® ignites creative, actionable solutions that drive real transformation and connection at the local level. By teaming up with innovative community leaders and those who care about their communities, we’re funding projects that are not only visionary, but also perfectly tailored to meet each community’s unique needs.

Through these efforts, Odyssey Impact is laying the groundwork for a future where real community-driven initiatives create much-needed impact & change and bring us all closer together.

Media Contact

Erin Carenzo, Odyssey Impact, 1 8183817336, erin@carenzoagency.com, https://odyssey-impact.org/

View original content to download multimedia:https://www.prweb.com/releases/odyssey-impacts-new-grant-opportunity-2-500—25-000-for-local-nonprofits–but-dont-bother-if-you-just-want-to-raise-awareness-302305983.html

SOURCE Odyssey Impact; Odyssey Impact

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