5G Advanced Market Set to Reach USD 12673.8 Million by 2030

According to Next Move Strategy Consulting, the 5G Advanced Market is predicted to reach USD 12673.8 million with a CAGR of 68.4% by 2030.

5G Advanced, also known as 5G-A, is the next evolution of 5G wireless technology. It is a set of enhancements and upgrades to the original 5G specifications that were defined by the 3rd Generation Partnership Project (3GPP). 

The demand for 5G advanced is rising driven by the increasing popularity of mobile video and streaming services such as Netflix, YouTube, and Amazon Prime Video, necessitating high-speed, low-latency networks to ensure consistent quality of service.

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