IDC Sees Global 5G Network Infrastructure Market Reaching $26 Billion in 2022
With the “first instances” of 5G services rolling out this quarter, 2019 is expected to be a “seminal year” for wireless, with 5G handsets beginning to hit the market, enabling consumers “to experience 5G technology firsthand,” said IDC Tuesday. Though…
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the “full breadth” of 5G's potential will take several years to arrive, IDC expects the total fifth-generation and related network infrastructure market to expand at a 118 percent compound annual growth rate, reaching $26 billion globally in 2022.