Global 5G Fronthaul and Backhaul Equipment Market Projected to Reach US$30.33 Billion by 2029 | 2024 Research Report Now Available [Yahoo! Finance]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am
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Source: Yahoo! Finance
Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The latest market analysis forecasts a significant growth trajectory for the global 5G fronthaul and backhaul equipment market, with projections indicating an increase from US$6.17 billion in 2024 to US$30.33 billion by 2029. This growth corresponds to a compound annual growth rate (CAGR) of 37.51%, reflecting the accelerated deployment and adoption of 5G technologies worldwide. Regional Market Insight Europe is expected to dominate the market share, evidenced by substantial investments in 5G infrastructure by leading corporations and a recorded 68% of population coverage in 2023. The region's commitment to advancing its telecommunication capabilities is expected to strengthen its position within the global market. Impact on Industry and Consumers The continuous evolution of the 5G network is set to reshape the telecommunications industry significantly, impacting consumer experiences thr
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ERIC
Earnings
- 10/15/24 - Beat
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Analyst Actions
- 10/21/24 - JP Morgan
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Sec Filings
- 11/12/24 - Form SC
- 10/30/24 - Form 6-K
- 10/15/24 - Form 6-K
- ERIC's page on the SEC website