The global 5G infrastructure market was valued at $371.4 million in 2017 and is projected to reach $58,174.6 million by 2025, growing at a CAGR of 95.8% from 2018 to 2025. 5G technology is an advanced and next generation wireless communication technology. This operates under a high-frequency band of wireless technology for seamless connectivity and networking. 5G speed ensures 10 times faster connectivity than traditional wireless connectivity. This factor promotes seamless networking and connectivity under various applications globally. 5G technology supports enhanced technologies such as smart infrastructures, virtual reality, and autonomous vehicle.