5G Generating 39% of Wireless Infrastructure Revenue: Gartner

Global 5G network infrastructure revenue is on pace to top $19.1 billion in 2021, up 39% from 2020, reported Gartner Wednesday. Communications service providers in mature markets accelerated 5G development in 2020-21, with 5G generating 39% of wireless infrastructure revenue this year. “The COVID-19 pandemic spiked demand for optimized and ultrafast broadband connectivity to support work-from-home and bandwidth-hungry applications,” said analyst Michael Porowski. Of segments comprising wireless infrastructure in Gartner’s forecast, 5G is “the only significant opportunity,” said the company. “Investment in legacy wireless generations is rapidly deteriorating.”