Strategy Analytics: Wireless Base Station Sectors Poised to Double by 2024

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    5G is the Growth Engine, but 4G is not Going Away

    BOSTON–(BUSINESS WIRE)–lt;a href=”” target=”_blank”gt;#5Glt;/agt;–Driven by the explosive growth of emerging 5G networks, the number of
    new base stations sectors deployed will double between 2018 and 2024. 5G
    relies on network architectures incorporating traditional macrocells and
    lower power small cells in sub-6 GHz and millimeter wave frequency
    bands. The Strategy Analytics Advanced Semiconductor Applications (ASA)
    service report, “
    – 2024 Wireless Base Station Sector Forecast: What Should You Know?
    forecasts that 5G base station sector segments will all experience
    compound annual growth rates greater than 100 percent over the forecast.
    This rapid 5G growth, coupled with continuing growth of 4G networks will
    result in equipment for nearly 9.4 million new and upgraded wireless
    base station sectors deployed in 2024.

    “The 5G era has dawned and we are entering a very dynamic time in the
    wireless base station market segment,” noted Eric Higham, Service
    Director, Advanced Semiconductor Applications (ASA)
    service. “New
    architectures incorporating massive MIMO antennas, small cells and
    millimeter wave frequencies will provide a wealth of opportunities for
    the compound semiconductor industry.”

    “Operators are already offering 5G fixed and mobile broadband services
    and we expect to see these offerings expand quickly,” observed Christopher
    Taylor, Director of the RF and Wireless Components (RFWC)
    “These new 5G offerings will increase base station sector and user
    equipment volumes, but they will also be beneficial for the underlying
    4G networks, which are required as anchors and for fallback outside of
    5G coverage areas.”

    About Strategy Analytics

    Strategy Analytics, Inc. provides the competitive edge with advisory
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    Eric Higham, +1 617 614 0721, [email protected]

    Taylor, +1 617 614 0706, [email protected]