Total wireless infrastructure revenue will touch $48.82 billion in 2021 and $49.85 billion in 2022 from $46.35 billion in 2020, a Gartner report on wireless infrastructure said.
Telecom network makers such as Huawei, Ericsson, Nokia, Cisco, Samsung, ZTE, among others, will be benefitting from the growth in mobile networking spending.
5G network market revenue is forecast to touch $19.12 billion in 2021 and $23.25 billion from $13.76 billion in 2020
Revenue from 4G infrastructure will reach $14.56 billion in 2021 and $12.11 billion from $17.12 billion in 2020.
Revenue from 3G and 2G infrastructure will decline to 1.94 billion in 2021 and $1.09 billion in 2022 from $3.15 billion in 2020.
Revenue from small cells non-5G infrastructure will be reaching $7.11 billion in 2021 and $7.11 billion in 2022 from $6.58 billion in 2020.
Revenue from mobile core will be touching $6.05 billion in 2021 and $6.27 billion in 2022 from $5.71 billion in 2020.
Gartner estimates that by 2025, 60 percent of Tier-1 CSPs will adopt XGS-PON technology at large-scale to deliver ultrafast broadband services to residential and business users, up from less than 30 percent in 2020.
Service providers (SPs) in mature markets have accelerated 5G development in 2020 and 2021 with 5G representing 39 percent of total wireless infrastructure revenue this year.
Regionally, SPs in North America are set to grow 5G revenue from $2.9 billion in 2020 to $4.3 billion in 2021 — due, in part, to increased adoption of dynamic spectrum sharing and millimetre wave base stations.
In Western Europe, SPs will prioritize on licensing spectrum, modernizing mobile core infrastructure and navigating regulatory processes with 5G revenue expected to increase from $794 million in 2020 to $1.6 billion in 2021.
Greater China is expected to maintain the top global position in global 5G revenue reaching $9.1 billion in 2021 vs $7.4 billion in 2020.
10 percent of SPs in 2020 provided 5G services, which could achieve multiregional availability, Gartner predicts that this number will increase to 60 percent by 2024, which is a similar rate of adoption for LTE and 4G in the past.
“Business and customer demand is an influencing factor in this growth. As consumers return to the office, they will continue to upgrade or switch to gigabit fibre to the home (FTTH) service as connectivity has become an essential remote work service,” Michael Porowski, senior principal research analyst at Gartner.