Worldwide 5G network infrastructure spending expected to nearly double in 2020
TechRepublic July 27, 2020
While spending rises, revenues are expected to decline 4.4% to $38.1 billion, according to a new Gartner forecast.
Investments in 5G network infrastructure by communications service providers (CSPs) are predicted to reach 21.3% of total wireless infrastructure, according to Gartner’s latest forecast (Forecast: Communications Service Provider Operational Technology, 2Q20 Update and Forecast Analysis: Communications Service Provider Operational Technology, Worldwide”). This year, worldwide 5G network infrastructure spending is expected to nearly double, as revenues are expected to dip 4.4% to $38.1 billion.
Gartner is a research and advisory company that offers practitioner-sourced and data-driven research. Gartner’s forecast predicts an unexceptional 5G investment rise, which is expected to exceed LTE/4G in 2020. The 2021 rebound will be credited to...