5G Enterprise Market Growing at the Fastest Rate During 2021 to 2027


Source: sbwire.com sbwire.com

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Northbrook, IL -- ( SBWIRE ) -- 10/06/2021 -- The 5G enterprise market size is expected to reach USD 10.9 billion by 2027 from USD 2.1 billion in 2021 , at a CAGR of 31.8% during the forecast period. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure....