Report : Middle East & Africa 5G Base Station Market Forecast to 2030 - Regional Analysis - by Component (Hardware and Service), Frequency Band (Less Than 2.5 GHz, 2.5 - 8 GHz, 8 - 25 GHz, and More Than 25 GHz), Cell Type [Macrocell and Small Cell (Microcell, Picocell, and Femtocell)], and End User (Industrial, Commercial, and Residential)
At 15.3% CAGR, Middle East & Africa 5G Base Station Market is Projected to be worth US$ 4,592.84 million by 2030, says Business Market Insights
According to Business Market Insights' research, the Middle East & Africa 5G base station market was valued at US$ 1,468.31 million in 2022 and is projected to reach US$ 4,592.84 million by 2030, registering a CAGR of 15.3% from 2022 to 2030. Increased demand for low latency and high-speed data and rise in usage of edge computing are among the critical factors attributed to drive the Middle East & Africa 5G base station market growth.
Low latency 5G networks create new possibilities for services that demand nearly instant response time. These services include telemedicine, augmented reality headsets, and communications between autonomous vehicles that support linking into efficient platoons. Less latency means reducing the time between sending and receiving the signal. 5G network brings the network range to at least under ten milliseconds and, in best cases, approximately one millisecond delay, meaning data will be transferred in real-time. The advancement of 5G-based mobile networks achieves low delays, which opens the way to completely new opportunities, including virtual reality experiences, multiplayer mobile gaming, factory robots, and self-driving car applications for which a speedy response is considered a strong criterion. Focusing on self-driving vehicles, existing cellular networks already offer a wide variety of tools that address business requirements. C-V2X and its evolution to 5G V2X will foster synergies between the automotive industry and other verticals moving towards 5G. Its extreme throughput, low latency, and enhanced reliability will allow vehicles to share rich, real-time data, supporting autonomous and connected driving experiences. For example, LTE Cat-M and Narrow Internet of Things (NB-IoT) are excellent low-power sensor communication technologies. In order to determine and recommend individual actions to enable complex vehicle maneuvering, e.g., deceleration, lane changes, or route modifications, acceleration, the vehicles must be able to receive and share information about their driving intentions in real time. This low-latency demand can be fulfilled with the development of an overall 5G system architecture to provide optimized end-to-end vehicle-to-everything (V2X) connectivity. With the increasing use of cloud-based services, big data analytics, and the Internet of Things (IoT), there is an increased demand for high-speed data transmission and low latency. The need for real-time interactions and the increasing use of data-intensive applications across various sectors drive the growing demand for low-latency and high-speed data. 5G base stations are essential in meeting these demands by providing the necessary infrastructure for high-speed, low-latency, and reliable connectivity, making them a crucial component of the evolving telecommunications landscape. Thus, increased demand for low latency and high-speed data drives the 5G base station market.
On the contrary, high cost of installing 5G infrastructure hampers the growth of Middle East & Africa 5G base station market.
Based on component, the Middle East & Africa 5G base station market is bifurcated into hardware and service. The hardware segment held 88.8% market share in 2022, amassing US$ 1,304.02 million. It is projected to garner US$ 4,113.38 million by 2030 to register 15.4% CAGR during 2022-2030.
In terms of frequency band, the Middle East & Africa 5G base station market is segmented into less than 2.5 GHz, 2.5 - 8 GHz, 8 - 25 GHz, and more than 25 GHz. The less than 2.5 GHz segment held 42.2% share of Middle East & Africa 5G base station market in 2022, amassing US$ 619.23 million. It is anticipated to garner US$ 1,870.14 million by 2030 to expand at 14.8% CAGR during 2022-2030.
By cell type, the Middle East & Africa 5G base station market is divided into macrocell and small cell. The small cell segment held 64.9% share of Middle East & Africa 5G base station market in 2022, amassing US$ 953.31 million. It is projected to garner US$ 3,027.19 million by 2030 to expand at 15.5% CAGR from 2022 to 2030.
Based on end user, the Middle East & Africa 5G base station market is segmented into industrial, commercial, and residential. The commercial segment held 77.5% market share in 2022, amassing US$ 1,138.07 million. It is projected to garner US$ 3,501.08 million by 2030 to register 15.1% CAGR during 2022-2030.
Based on country, the Middle East & Africa 5G base station market is categorized into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 30.2% share of Middle East & Africa 5G base station market in 2022. It was assessed at US$ 443.58 million in 2022 and is likely to hit US$ 1,420.57 million by 2030, registering a CAGR of 15.7% during 2022-2030.
Key players operating in the Middle East & Africa 5G base station market are Airspan Networks Holdings Inc, Huawei Technologies Co Ltd, NEC Corp, Nokia Corp, Samsung Electronics Co Ltd, Telefonaktiebolaget LM Ericsson, and ZTE Corp, among others.
- In October 2023, Huawei's announcement of a 5W ultra-low power 5G base station described as "the industry's exclusive 0 Bit 0 Watt" solution. This technology promises to significantly reduce the power consumption of 5G base stations, reaching levels comparable to that of an energy-saving lamp. Notably, it supports a remarkable 99% shutdown depth, on-demand wake-up, and millisecond shutdown.
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