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The 5G Services Market is estimated to grow from USD 121.8 billion in 2023 to USD 1,002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%. The innovative concept of network slicing in 5G is a transformative leap in network customization, offering virtual, dedicated slices tailored to the unique requirements of specific applications or services. Growing private 5G networks, edge computing and AI integration, improved cybersecurity protocols, and the application of 5G to sustainable projects and smart cities are some of the developments that are anticipated.
