5G System Integration Market Size, Share, Opportunities, And Trends By Enterprise Size (Small & Medium, Large), By Integration Model (Vertical Integration, Horizontal Integration, Star Integration, Common Data Format), By Solution Offering (Consulting, Infrastructure Integration, Application Integration), By Industry Vertical (Automotive, Manufacturing, Energy, Logistics, Healthcare, Others), By Technology (Communication Technology (CT), Operational Technology (OT), Information Technology (IT)), And By Geography - Forecasts From 2023 To 2028

The global 5G system integration market is projected to grow at a CAGR of 28.47% to reach US$48.417 billion by 2028, from US$10.71 billion in 2022.

GROWTH DRIVERS

5G network impact on IoT

The deployment of 5G networks is anticipated to bring a significant impact on the development of IoT services. 5G networks offer notably swifter data transfer rates, reduced latency, and increased capacity compared to preceding mobile network generations. This translates to quicker data transmission for IoT devices, enabling more effective real-time data processing and analysis. This heightened responsiveness opens doors for novel applications demanding instantaneous data processing, like remote surgery, autonomous vehicles, and industrial automation. Furthermore, the enhanced security features of 5G networks will also shape the evolution of IoT services, with provisions like network slicing permitting isolated virtual networks for distinct IoT applications.

For instance:

• According to the latest mobility report from Ericsson, the foremost category within the worldwide 5G Internet of Things (IoT) endpoint market is expected to be connected vehicles. This segment is predicted to attain a substantial share of the installed base market, accounting for 39 percent by 2023, equivalent to around 19 million endpoints.
• In 2023, Sateliot, a Spanish nanosatellite constellation operator in low-Earth orbit (LEO), utilizes the 5G IoT standard to offer coverage extension to mobile network operators (MNOs) and mobile virtual network operators (MVNOs) through standard roaming agreements. Through its Smallsat System, Sateliot can swiftly introduce its 2GHz MSS/IoT services, facilitating partner MNOs to integrate NB-IoT-NTN applications and broaden their geographical coverage without the need for additional infrastructure investment.

Rising Trend of Network Function Virtualization (NFV) and Software-Defined Networking (SDN)

The revolution of 5G services through Network Function Virtualization (NFV) has induced a profound shift, impacting Physical Network Functions (PNF), Virtual Network Functions (VNF), hardware, software, orchestration, and network operations. 5G architecture integrates NFV and cloud deployment for enhanced network and service efficiency. The adoption of SDN and NFV principles carries implications for synchronization network architecture and operations, while cloud and distributed applications also pose potential relevance from a synchronization perspective.

• In 2022, Nokia and NBN Co revealed the deployment of Nokia's advanced broadband platform and the Altiplano Access Controller to enhance the NBN® network, representing the first Lightspan MF-14 deployment in the Southern Hemisphere. Nokia's Altiplano Access Controller, utilizing software-defined (SDN) and network function virtualization (NFV), introduces increased automation and virtualization via an open API for innovative network management.

A remarkable increase in IoT devices

According to the Ericsson mobility report data and forecasts from 2022 to 2028, the Internet of Things (IoT) is projected to grow remarkably across categories: the wide-area and cellular IoT segments display notable expansion of Wide-area IoT by 13%, Cellular IoT by 12%, and Short-range IoT by an impressive 19% The short-range IoT category stands out with the highest projected growth. The total IoT market is set to expand by 18% annually, reflecting substantial growth in various IoT sectors. The IoT market is expected to experience significant growth, reflecting a dynamic and evolving technological landscape in

EMERGING OPPORTUNITIES IN THE 5G System Integration Market

Systems Integration services

System integration involves developing intricate information systems that could encompass crafting specialized architectures or applications, combining them with current or new hardware, pre-packaged and tailor-made software, and communication components. Huawei's electric power broadband operations solution extends consulting, planning, and system integration services to power sector clients. Through strategic business and service design, this solution facilitates cost-effective network establishment and service advancement by leveraging excess power grid resources.

In October 2020, Nokia and Google Cloud entered a strategic partnership aimed at revolutionizing Nokia's digital infrastructure. As part of the agreement, Google Cloud will enlist strategic systems integrators, solutions experts, and engineers to ensure a seamless migration process.

MAJOR PLAYERS IN THE MARKET

Some of the leading players in the market include Ericsson and Huawei Technologies Ltd. among others. The major corporations provide a range of products that include the following:

SEGMENTATION

The global 5G system integration market has been analyzed through the following segments:

• By Enterprise Size
  • Small and Medium
  • Large
• By Integration Model
  • Vertical Integration
  • Horizontal Integration
  • Star Integration
  • Common Data Format
• By Solution Offering
  • Consulting
  • Infrastructure Integration
  • Application Integration
• By Industry vertical
  • Automotive
  • Manufacturing
  • Energy
  • Logistics
  • Healthcare
  • Others
• By Technology
  • Communication Technology (CT)
  • Operational Technology (OT)
  • Information Technology (IT)
• By Geography
  • Americas
    • United States
    • Others
  • Europe, the Middle East, and Africa
    • Germany
    • UK
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Others