In what ways will IoT adoption accelerate demand for standalone 5G infrastructure

The Standalone 5G Network Market was valued at USD 2.4 Billion in 2023 and is expected to reach USD 132.2 Billion by 2032, growing at a CAGR of 56.14% from 2024-2032. The global Standalone 5G (SA 5G) Network market is experiencing rapid acceleration, driven by the imperative for mobile network operators (MNOs) and enterprises to unlock the full potential of 5G's advanced capabilities, including ultra-low latency, massive connectivity, and enhanced reliability.

Market Overview Summary

Standalone 5G Network Market**** represent the true vision of 5G, built on a completely new, cloud-native core network architecture that is independent of the existing 4G LTE infrastructure. This core network, based on service-based architecture (SBA), allows for advanced features such as network slicing, ultra-reliable low-latency communication (URLLC), and massive machine-type communication (mMTC) to be fully realized. The market encompasses the deployment of 5G New Radio (NR) in the access network combined with a 5G core, including software-defined networking (SDN) and network function virtualization (NFV) technologies.

Key Players

• Ericsson – Ericsson Cloud Core
• Nokia – Nokia 5G Core
• Huawei – Huawei 5G Core Network
• Samsung – Samsung 5G vCore
• Cisco – Cisco Ultra Cloud Core
• NEC Corporation – NEC 5G Core Network
• ZTE Corporation – ZTE Common Core
• Qualcomm – Qualcomm 5G RAN Platform
• Intel Corporation – Intel FlexRAN
• Mavenir – Mavenir 5G Core
• Parallel Wireless – Parallel Wireless OpenRAN
• Juniper Networks – Juniper 5G Cloud-Native Core
• IBM – IBM Cloud Pak for Network Automation
• Dell Technologies – Dell Telecom Multi-Cloud Foundation
• Hewlett Packard Enterprise (HPE) – HPE 5G Core Stack

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Growth Drivers

• Unlocking True 5G Potential: SA 5G enables advanced features like URLLC and mMTC, which are crucial for new industrial and enterprise use cases.
• Rise of Private 5G Networks: Industries are increasingly deploying dedicated SA 5G networks for enhanced security, control, and performance in mission-critical applications.
• Network Slicing Capabilities: SA 5G's ability to create virtual, isolated network slices allows MNOs to offer customized services with guaranteed QoS for different applications.
• Edge Computing Integration: SA 5G's low latency and distributed architecture are ideal for integrating with edge computing, bringing processing closer to the data source.

Future Scope:

·         Dynamic Network Slicing: More sophisticated and automated creation, management, and orchestration of network slices tailored to specific application requirements.

• AI/ML for Network Operations: Leveraging AI for predictive maintenance, intelligent resource allocation, anomaly detection, and self-healing networks.
• Further Openness and Disaggregation: Continued momentum for Open RAN and open core initiatives, fostering a more diverse and competitive vendor ecosystem.
• Advanced Private 5G Use Cases: Expansion of SA 5G into new enterprise applications, including smart agriculture, remote healthcare, and immersive entertainment.

Conclusion

The Standalone 5G Network market is on a rapid growth trajectory, fundamentally transforming the landscape of mobile communication and industrial connectivity. Driven by the imperative to unlock 5G's full potential for ultra-low latency, massive connectivity, and enhanced reliability, SA 5G is becoming an indispensable foundation for the next wave of digital innovation. Key players are actively shaping this future by developing and deploying cutting-edge SA 5G solutions that empower mobile network operators and enterprises to build intelligent, agile, and secure networks, ushering in an era of unprecedented connectivity and industrial transformation.

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