PUBLISHER: The Insight Partners | PRODUCT CODE: 1764912
PUBLISHER: The Insight Partners | PRODUCT CODE: 1764912
The Middle East & Africa 5G services market was valued at US$ 3,474.95 million in 2023 and is expected to reach US$ 1,08,543.15 million by 2031; it is estimated to register a CAGR of 53.8% from 2023 to 2031.
Standalone 5G Network Infrastructure Devices Bolster Middle East & Africa 5G Services Market
A standalone network infrastructure refers to a 5G network that does not rely on LTE networks and has a cloud-native network core that connects to the New Radio (NR). These networks leverage 5G infrastructure across both the radio access network (RAN) and the core network, coupled with cloud-native principles such as virtualization, containers, and microservices. 5G standalone infrastructures are more flexible, scalable, and efficient in their use of network resources. They provide a better end-user experience and lower costs for wireless carriers. Besides enhancing bandwidth, it supports URLCC, which is crucial for applications such as autonomous vehicles, precision robotics, machine vision, and massive IoT. Standalone 5G also provides the ability to slice the network into customized virtual pieces to suit the specific needs of businesses while maximizing operational efficiency. Thus, network carriers are expected to move toward standalone infrastructures from no standalone 5G network infrastructure in the coming years.
Middle East & Africa 5G Services Market Overview
Middle East & Africa 5G Services Market Revenue and Forecast to 2031 (US$ Million)
Middle East & Africa 5G Services Market Segmentation
The Middle East & Africa 5G services market is categorized into type, end user, and country.
By type, the Middle East & Africa 5G services market is segmented into enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), ultra-reliable low latency (uRLLC), and fixed wireless access (FWA). The enhanced mobile broadband (eMBB) segment held the largest share of the Middle East & Africa 5G services market share in 2023.
In end user, the Middle East & Africa 5G services market is bifurcated into enterprises and consumers. The enterprises segment held a larger share of the Middle East & Africa 5G services market share in 2023. Enterprises sub segmented into IT & telecom, manufacturing, healthcare, BFSI, retail & e-commerce, and others.
Based on country, the Middle East & Africa 5G services market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia segment held the largest share of Middle East & Africa 5G services market in 2023.
Deutsche Telekom AG, Huawei Technologies Co Ltd, Nokia Corp, Orange SA, Samsung Electronics Co Ltd, Telefonaktiebolaget LM Ericsson, Verizon Communications Inc, Vodafone Group Plc, and ZTE Corp are some of the leading companies operating in the Middle East & Africa 5G services market.