Rise in Usage of Edge Computing Bolsters Middle East & Africa 5G Base Station Market
Edge computing and 5G are two linked technologies. They both enable huge amounts of data to be processed in real time and used to improve the performance of applications substantially. By bringing compute experiences into the network closer to the end user, edge computing reduces latency. The growing penetration of smart devices, the need for faster processing, and the increased speed pressure on networks are a few factors that contribute to the adoption of edge computing.Edge computing, combined with 5G, creates opportunities to enhance digital experiences, improve performance, support data security, and enable continuous operations in every industry. Edge computing brings computation and data storage closer to the data source. By leveraging the computational capacity of edge devices, networks, and gateways, users can continue to take advantage of the principles of dynamic allocation of resources and continuous delivery that are inherent to cloud computing. With edge computing, businesses have the potential to virtualize the cloud beyond the four walls of the data center. Workloads created in the cloud, including some of the more modern forms of AI and analytics, can now be migrated out toward the edge.
Where appropriate, data generated at the edge can be optimized, cleansed, and brought back to the cloud. Edge computing enables improved data control and lower costs by minimizing data transportation to central hubs and reducing weaknesses and continuous operations by enabling systems that run autonomously, even when disconnected, to reduce disruption and lower costs. Edge computing is widely used in 5G networks. Hence, the rising usage of edge computing is anticipated to fuel the 5G base station market growth in the coming years.
Middle East & Africa 5G Base Station Market Overview
The development of 5G base stations in the Middle East & Africa (MEA) is gradually increasing. Many countries in the Middle East, such as the UAE and Saudi Arabia, are experiencing rapid economic growth and urbanization. This creates a demand for advanced telecommunications infrastructure to support businesses and city development. Also, several cities in the MEA, including Dubai and Doha, have ambitious smart city projects. Similarly, a few of the other smart cities in development at the moment include the Zayed Smart City Project in Abu Dhabi and the UAE's Desert Rose City.In addition, in September 2023, Iveda announced a new partnership with The Arab Organization for Industrialization (AOI) to support and scale smart city developments in Egypt. These projects rely on 5G technology to enable various applications, such as smart transportation, energy management, and public services. Various industries, including healthcare, agriculture, and manufacturing, are undergoing digital transformation. 5G plays a crucial role in enabling IoT and automation in these sectors, which boosts the deployment of 5G base stations across the region. For instance, IoT is used for precision agriculture, and it is gaining traction in parts of Africa.
Middle East & Africa 5G Base Station Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa 5G Base Station Market Segmentation
The Middle East & Africa 5G base station market is categorized into component, frequency band, cell type, end user, and country.Based on component, the Middle East & Africa 5G base station market is bifurcated into hardware and service. The hardware segment held a larger market share in 2022.
In terms of frequency band, the Middle East & Africa 5G base station market is segmented into less than 2.5 GHz, 2.5 - 8 GHz, 8 - 25 GHz, and more than 25 GHz. The less than 2.5 GHz segment held the largest market share in 2022.
By cell type, the Middle East & Africa 5G base station market is bifurcated into macrocell and small cell. The small cell segment held a larger market share in 2022. Furthermore, the small cell segment is subsegmented into microcell, picocell, and femtocell.
Based on end user, the Middle East & Africa 5G base station market is segmented into industrial, commercial, and residential. The commercial segment held the largest market share in 2022.
By country, the Middle East & Africa 5G base station market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa 5G base station market share in 2022.
Airspan Networks Holdings Inc, Huawei Technologies Co Ltd, NEC Corp, Nokia Corp, Samsung Electronics Co Ltd, Telefonaktiebolaget LM Ericsson, and ZTE Corp are among the leading companies operating in the Middle East & Africa 5G base station market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa 5G base station market.
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- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa 5G base station market, as well as those hindering it.
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Table of Contents
Companies Mentioned
- Airspan Networks Holdings Inc
- Huawei Technologies Co Ltd
- NEC Corp
- Nokia Corp
- Samsung Electronics Co Ltd
- Telefonaktiebolaget LM Ericsson
- ZTE Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | June 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1468.31 Million |
Forecasted Market Value ( USD | $ 4592.84 Million |
Compound Annual Growth Rate | 15.3% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 7 |