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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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European Wellness Biomedical Group Announces New Klotho Research Initiative Led by Prof. Mike Chan

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HEIDELBERG, Germany, Dec. 25, 2024 /PRNewswire/ — European Wellness Biomedical Group (EWBG) has launched a new research initiative focused on Klotho, a protein with transformative potential in longevity medicine. Led by Professor Dr. Mike Chan, this project will explore Klotho’s role in combating age-related diseases and its ability to regenerate critical organs, including the brain, kidneys, and heart.

Klotho, identified in 1997, is emerging as a key protein in longevity and regenerative medicine. It plays a pivotal role in regulating oxidative stress, mineral metabolism, and inflammation. The research will investigate how boosting Klotho levels could help address chronic conditions like neurodegenerative diseases, kidney failure, and heart disease, ultimately improving healthspan and extending lifespan.

“Klotho represents the next frontier in longevity medicine,” said Professor Mike Chan, Chief Scientist at EWBG. “Our research aims to understand how Klotho affects aging and how we can use it to treat chronic diseases that have long been associated with aging.”

Research Focus Areas

The new initiative will focus on three primary research areas:

Neurological health: Investigating Klotho’s neuroprotective effects and its potential to slow cognitive decline in diseases like Alzheimer’s and Parkinson’s.Kidney function: Examining Klotho’s role in regulating mineral metabolism and its regenerative potential in treating chronic kidney disease (CKD).Cardiovascular health: Studying Klotho’s influence on vascular function and its ability to prevent vascular calcification, a key contributor to heart disease.

This research builds on existing collaborations at EWBG, where leading scientists focus on advancing Klotho-based therapies for regenerative health.

Klotho: A Potential Breakthrough in Longevity Medicine

Klotho is gaining attention for its ability to regenerate tissues and reverse damage caused by age-related diseases. Unlike NAD+, which primarily enhances cellular metabolism and energy production, Klotho offers a broader range of therapeutic applications, including tissue regeneration, cognitive function improvement, and cardiovascular health.

As we age, Klotho levels naturally decline, leading to conditions such as cognitive decline, heart disease, and kidney failure. Research suggests that restoring Klotho levels can reverse the effects of oxidative stress, inflammation, and cellular senescence, offering new treatment possibilities for a range of age-related diseases.

Professor Mike Chan: Leading the Charge in Klotho Research

Professor Mike Chan, a leading expert in stem cell therapy and longevity medicine, is spearheading this groundbreaking initiative at EWBG. His extensive experience in bio-regenerative medicine positions him as a key figure in exploring Klotho’s potential to revolutionize the treatment of age-related diseases. Through FCTI, a subsidiary of EWBG, Professor Chan and his team are developing therapies that combine stem cell technology and Klotho proteins to stimulate tissue regeneration in the brain, kidneys, and heart.

“By harnessing Klotho’s regenerative properties, we hope to address chronic conditions that were previously untreatable,” said Professor Chan. “Our ultimate goal is to improve quality of life and provide lasting solutions for those affected by aging-related diseases.”

The Future of Klotho in Longevity Medicine

The future of Klotho-based therapies looks promising, with Professor Mike Chan and EWBG at the forefront of this innovative field. As more research is conducted, Klotho is expected to play a pivotal role in advancing longevity medicine, offering a new approach to treating aging and chronic diseases. The potential applications of Klotho are vast, from neurodegenerative disease treatment to kidney regeneration and cardiovascular health.

With strong research partnerships, significant funding, and ongoing clinical trials, Klotho is poised to become a cornerstone of longevity medicine, transforming how we approach aging and disease. Professor Mike Chan’s leadership ensures that this promising protein will soon offer new hope to those seeking longer, healthier lives.

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View original content:https://www.prnewswire.co.uk/news-releases/european-wellness-biomedical-group-announces-new-klotho-research-initiative-led-by-prof-mike-chan-302338980.html

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Apas Port Launches $20M Vehicle Loan Initiative with HARVEST FLOW on Plume Network to Empower Financial Inclusion in Emerging Countries, Starting in Cambodia

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NEW YORK, Dec. 24, 2024 /PRNewswire/ — Apas Port Co., Ltd., a Tokyo-based Web3 company dedicated to deploying “kando”—a Japanese term for deep emotional engagement—into the digital realm, has announced the launch of HARVEST FLOW, a social impact-driven cryptocurrency lending platform. Committed to “social action”ーdelivering stable returns alongside meaningful social impact, HARVEST FLOW’s inaugural project is a $20 million initiative offering loans to TukTuk and four-wheel vehicle drivers in Cambodia who don’t have access to the financial system. This venture is set to operate on Plume Network, the leading Layer 1 blockchain specialized in Real-World Asset Finance (RWAfi), offering the necessary infrastructure to transform HARVEST FLOW’s vision of financial inclusion into scalable action.

Bridging Real-World Challenges Through Blockchain Innovation

HARVEST FLOW’s mission is to empower underserved communities and small businesses by granting access to affordable financing solutions. By leveraging blockchain technology, the platform addresses critical societal issues such as poverty alleviation and economic development, creating pathways for stable financial growth while delivering measurable social impact.

The initial focus of this initiative is to provide affordable financing options for TukTuk and four-wheel vehicle drivers in Cambodia—vital tools for local livelihoods. The project not only supports job creation but also enhances financial inclusion in emerging economies.

Why Plume Network?

As the first fully integrated L1 modular blockchain tailored for RWAfi, Plume Network provides the foundation for scalable, secure, and transparent financial ecosystems. With over 180 projects onboarded in its private devnet, Plume enables seamless tokenization and distribution of RWAs through its composable, EVM-compatible infrastructure.

How Plume Powers HARVEST FLOW:

End-to-End Tokenization: Streamlines the conversion of vehicle loans into blockchain-based assets.Investor Transparency: Advanced tools to track and visualize the social and financial impact of investments.Global Scalability: Infrastructure designed to handle the growing demands of HARVEST FLOW’s multi-region projects.DeFi Integration: Unlocks liquidity through decentralized finance primitives within the Plume ecosystem.

IoT-Backed Innovation for Loan Security

HARVEST FLOW’s projects are uniquely supported by embedded IoT technology within TukTuk engines, ensuring an exceptionally low loan default rate while building investor confidence.

Justin Chen, Head of Asset Strategy at Plume Network, noted: “This project highlights the power of combining blockchain and IoT devices to create innovative financial products that drive real-world impact. We’re excited to see HARVEST FLOW’s success on Plume and the positive change it will bring to the urban motility market in Southeast Asia.”

Looking Ahead

Starting with the vehicle mobility sector through 2025, HARVEST FLOW plans to expand into other sectors addressing social challenges and needs beyond 2026. This approach aims to ensure sustainable growth while delivering meaningful societal benefits, powered by Plume’s blockchain technology.

Masaki Minamide, director of HARVEST FLOW, stated: “Plume’s infrastructure empowers us to amplify our impact and support communities in need while offering our investors transparent and reliable returns. With this launch, we continue our mission to combine blockchain technology with meaningful social action.”

For more information, visit Plume Network or contact press@plumenetwork.xyz.

About Plume Network
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse RWAs. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.

About HARVEST FLOW
Founded in April 2023, Apas Port Co., Ltd. is a Web3 production company with a mission to deploy “kando” (deep emotional impact) globally. The company leverages blockchain technology to connect carefully curated content with a co-creative community, acting as a “passport” to a new world of Web3 experiences.

X: https://x.com/HarvestFlow_io
Website: https://www.harvestflow.io/

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SOURCE Plume Network

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South Clackamas Business Resource Center Launches Digital Community Platform

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The Business Resource Center (BRC) of South Clackamas County unveils a new digital platform featuring an innovative business mapping system developed by COBID-certified IronGlove Studio. The website integrates advanced mapping technology with resource management tools to serve local businesses across nine communities, offering free consultations and scholarship opportunities for eligible residents.

OREGON CITY, Ore. and SOUTH CLACKAMAS COUNTY, Ore., Dec. 24, 2024 /PRNewswire-PRWeb/ —  The Business Resource Center of South Clackamas County (BRC) is proud to announce the launch of its new website, https://brcscc.org, developed by Oregon City-based IronGlove Studio, LLC. The launch marks a significant expansion of its online presence and services, representing a major step forward in the BRC’s mission to support and empower local businesses and community members in the South Clackamas area.

This initiative offers an unbiased and equitable opportunity for every small business in the South Clackamas region to connect, discover, and grow through access to training, resources, and support.

Who is the Business Resource Center of South Clackamas County

The Business Resource Center (BRC) of South Clackamas County is a vital hub for small business support, resources, and training opportunities, dedicated to fostering economic growth and development in the region. Funded through the American Rescue Plan Act (ARPA) and operating until December 31, 2024, or until funding is exhausted, the BRC provides free consultations, training programs, and scholarships to empower small business owners in Gladstone, Oregon City, Beavercreek, Canby, Molalla, Mulino, Colton, Eagle Creek, and Estacada. Through initiatives like its comprehensive website and Local Business Map, the BRC connects entrepreneurs with the community, creating opportunities for growth and promoting sustainable, community-based economic development.

Key Offerings

Free Business Resource Consultations: Local entrepreneurs can access expert advice and guidance at no cost, ensuring they are not alone in their small business journey.

Exclusive Scholarship Opportunities: The BRC offers scholarships for Clackamas Community College’s Career & Technical Education programs, covering up to $3,500 per semester for eligible students in select zip codes.

Local Business Map: As part of its marketing initiative, the BRC features an innovative Local Business Map developed by IronGlove Studio. This custom solution integrates advanced mapping technology with COBID certification filters, enabling small businesses to connect with one another while providing valuable demographic insights for community stakeholders.

Website Performance

Since its soft launch in August 2024, the BRC website has quickly become a vital resource for the South Clackamas business community. The platform has attracted nearly 3,000 visitors, with users spending an average of 4 minutes engaging with the site’s resources and information. The site’s success is particularly evident in its scholarship program, which has already received 82 applications, including 6 from Spanish-speaking community members, demonstrating the BRC’s commitment to serving our diverse business community.

Strategic partnerships with Here is Oregon and Oregon’s Mt. Hood Territory allowed us to create targeted social media campaigns that have helped drive over 2,000 visitors to the site, resulting in more than 7,000 total pageviews. Visitors are actively engaging with the platform’s resources, averaging 2.7 actions per visit, including accessing business resources, downloading materials, and utilizing the local business map.

The platform, developed by IronGlove Studio, LLC of Oregon City, a COBID-certified firm, showcases innovative integration of WordPress with proprietary Angular mapping technology. “The BRC website demonstrates how enterprise-level solutions can be scaled down to serve community needs,” says Derek Neuts, Owner of IronGlove Studio. “By incorporating advanced features like COBID certification filters and demographic reporting capabilities, we’ve created a platform that not only connects consumers to businesses but also provides valuable insights for community development.”

Community Support

The BRC extends its gratitude to its advocates, partners and supporters, including the previous Oregon State Senator Bill Kennemer, previous Oregon State Representative (now Senator) — Mark Meek, the Chambers of Commerce for Canby, Estacada, Molalla and Oregon City, the Cities of Colton and Gladstone and the Hamlets of Beavercreek and Mulino.

“The launch of our comprehensive website marks a significant milestone in our commitment to supporting the South Clackamas County business community,” said Shatrine Krake, Director of Communications at the Business Resource Center of South Clackamas County. “This initiative offers an unbiased and equitable opportunity for every small business in the South Clackamas region to connect, discover, and grow through access to training, resources, and support.”

For more information or to schedule a free business consultation, visit https://brcscc.org.

Media Contact

Shatrine Krake, Director of Communications, Business Resource Center of South Clackamas County, 1 503-656-1619, shatrine@brcscc.org, https://brcscc.org/

Technical Development Contact: Derek Neuts, IronGlove Studio LLC, 1 503-501-4645, contact@ironglove.studio, https://www.ironglove.studio

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SOURCE Business Resource Center of South Clackamas County

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