What is a standalone 5G network?

A standalone (SA) 5G network is defined as any 5G network that operates independent from a 4G LTE network and comprises both a core and radio access network (RAN). The core provides control and management functions while the RAN handles connections between users and the network.

How big is the standalone 5G network market?

The Global Standalone 5G Network Market is anticipated to create a lucrative growth opportunity in the global landscape by registering a CAGR of 54.3% from 2023 to 2032. The market is expected to reach a valuation of USD 1,660.7 Million by the end of 2023 and is predicted to reach USD 73,996.6 Million by 2032.

What are the market trends for standalone 5G networks?

Market trends for standalone 5G networks include telecom operators deploying 5G SA networks and enterprise adopting private 5G networks, while development of devices enabled with 5G SA connectivity and integration of such networks into technologies such as edge computing and artificial intelligence are taking place simultaneously.

Who are the key players in standalone 5G network market?

Some of top key players are T-Mobile USA, Inc., Nokia Corporation, Vodafone Limited, Huawei Technologies Co., Ltd., Verizon Communications Inc., Samsung Electronics. Co. Ltd., AT&T, Inc., Singtel, Rogers Communications Canada Inc.

Standalone 5G Network Market Size, Share

Global Standalone 5G Network Market By Component (Solutions, Services), By Spectrum (Sub-6 GHz, mmWave), By Network (Public, Private), By Vertical (Manufacturing, Automotive and Transportation, Smart Cities and others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2024-2033

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