In this rapidly changing environment, the mobile data traffic volume is ever increasing. The machine to machine communication in organizations and demand for high-speed and large network coverage is also increasing. These demands are driving the 5G Market as 5G aims to provide very low latency and very high data rates.
The growing investments in 5G and rapid technological advancements have been the major market driving factors for 5G market. It has been observed that greater need of energy saving is the current demand so to increase the green footprint 5G technology aims to deliver energy efficient networks this in result boosts the 5G market. Many companies are onto the trial phase for 5G deployment and are expecting to deploy 5G by 2020. The major concern with respect to 5G technology is the compatibility. The study indicates that companies are trying to figure out a solution to deploy 5G to be compatible with all the existing devices. The study indicates that compatibility and the costing of 5G data packages would be the restraining factors for the 5G market.
The study indicates that many companies have partnered with their competitors for developing and deploying 5G technology worldwide. The news notifies that Ericsson is observed as a major player in 5G market and has partnered with many companies like SoftBank, AT&T, Vodafone, Telstra, Chungwa, NTT DoCoMo and others for 5G developments, trials and deployment.
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The worldwide 5G Market has been separated into four equal parts. They can be listed as applications, intended audiences, regions and components.
- On the basis of applications, the market has been separated into automotive, healthcare, consumer electronics, home automation, energy, utility and retail.
- On account of intended audiences, the market comprises of sub-segments like chipset vendors, government organizations, system integrators, OEMs, integrated device manufacturers, research/consultancy firms, commercial banks, network operators and user equipment manufacturers.
- Region-wise the market has its reach across various parts of the world like Europe, North America, Asia Pacific and Rest of the World.
- based on components the market has been segregated into flexible duplex communication, phantom cell, device-to-device communication and access/backhaul integration.
The prominent players in the 5G Market are – Verizon Wireless (U.S.), AT&T Inc. (U.S.), LM Ericsson (Sweden), Alcatel-Lucent (France), China Mobile Ltd. (China), Huawei Technologies Co. Ltd. (China), NTT DOCOMO, Inc. (Japan), Vodafone Group PLC (UK), Bharti Airtel Limited (India) among others.
Regional Analysis of 5G Market:
The regional analysis of 5G market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America region is expected to dominate the 5G market owing to the rapid technological advancements early deployment of 5G technology. Europe is also expected to gain a major in the 5G market during the forecast period. Asia-Pacific region as a whole has a steady pace of progress in 5G market but it has been observed that countries like Korea and Japan are growing significantly in the 5G market.
The study indicates that companies like Nokia, Ericsson are partnering different companies in India like Airtel and BSNL for 5G network infrastructure. Therefore the study reveals that 5G market is expected to deploy worldwide by the end of forecast period.
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- System Integrators
- network equipment vendors
- Infrastructure vendors
- chipset vendors
- commercial banks
- integrated device manufacturers
- Network operators
- software/application providers
- user equipment manufacturers
- network infrastructure integrators
- Government Organizations
- Research/Consultancy firms
Table of Contents:
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
List Of Tables
Table 1 5g Market, By Component
Table 2 5g Market, By Application
Table 3 5g Market, By Regions
Table 4 North America 5g Market, By Component
Table 5 North America 5g Market, By Application
List Of Figures
Figure 1 Research Network Solution
Figure 2 5g Market: By Component
Figure 3 5g Market: By Application
Figure 4 5g Market: By Region
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