Europe 5G Infrastructure Market to Witness Exponential Growth by 2026
According to a recent report published by KD Market Insights, titled, “ Europe 5G Infrastructure Market by Communication Infrastructure, Network Technology, Chipset Type, and Application: Opportunity Analysis and Industry Forecast, 2018–2026,” the Europe 5G infrastructure market size was valued at $147.5 million in 2018 and is projected to reach $27.74 billion by 2026, growing at a CAGR of 96.2% from 2019 to 2026. Numerous factors make the 5G era distinctive. For instance, government institutions of the UK are continuously striving for the progress of 5G with new spectrum allocations and working on the infrastructural deployment. In addition, the UK is one of the leading countries in terms of consumer digital engagement and speed of adoption of new technologies. The Europe 5G infrastructure market signifies revolutionary and incredible changes in the wireless communication technology, which will create a huge impact on the data exchange and transmission. Th...