5G Technology Market Report Provides Information About Industry Trends, Demand, Top Companies, Countries, Materials and Applications.

 

global 5G technology market size is expected to grow from USD 53.93 billion in 2020 to USD 123.27 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18% during the forecast period. The major driving factors of global 5G technology market are shift towards new broadband technology, growing demand for high data speed & stable growth in the mobile data traffic and increasing demand for broadband services over other mobile networks. Moreover, increasing demand for machine-to- machine communication in organizations is the other major factor that drives the market. The major restraining factor of global 5G technology market huge cost incurred in the implementations of base stations and O&M complexities. 5G, is the latest iteration of cellular technology, engineered to greatly increase the speed and responsiveness of wireless networks. With 5G, data transmitted over wireless broadband connections could travel at rates as high as 20 Gbps by some estimates, exceeding wireline network speeds. 5G performance targets high data rate, reduced latency, energy saving, cost reduction, higher system capacity, and massive device connectivity. The major benefits of 5G technology are higher bandwidth can be used with the help of carrier aggregation feature, improved 5G network architecture handoff is smooth and hence it does not have any effect on data transfer when mobile user changes cells and antenna size is smaller at higher frequencies. This leads to use of massive MIMO concept to achieve higher data rates.

 

This report presents a comprehensive overview, market shares and growth opportunities of 5G Technology Market by product type, application, key companies, and key regions.

 

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

 

Top Key Players Covered In This Report:

• Qualcomm

• Intel

• Ericsson

• Samsung

• NEC

• Mediatek

• Cisco

• Cavium

• Qorvo

• Huawei

• ZTE

• T-Mobile Inc.

• AT&T Inc.

• Verizon communications Inc.

• Nokia Networks

• Telefonica S.A.

• Orange S.A.

 

This study considers the 5G Technology value and volume generated from the sales of the following segments:

 

By Usability:

 

• Enhanced Mobile Broadband

• Massive Internet of Things

• Mission Critical Services

 

By Technology:

 

Radio Access Technologies (RAT)

Wi-Fi

High-Speed Package Access (HSPA)

Global System for Mobile (GSM)

Worldwide Interoperability for microwave access (WiMAX)

 

By Application:

 

Healthcare

Consumer Electronics

Retail

Home Automation

Energy & Utilities

Automotive

Industrial Automation

Intelligent Buildings and Infrastructure

Public Safety & Surveillance

 

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This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.

 

Target Audience of the Global 5G Technology Market in Market Study:

 

• Key Consulting Companies & Advisors

• Large, medium-sized, and small enterprises

• Venture capitalists

• Value-Added Resellers (VARs)

• Third-party knowledge providers

• Investment bankers

• Investors

 

Summary:

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

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