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.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The 5G Market Research Report -Forecast to 2022”.
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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.
5G Global Market – Segmentation
- Segmentation by component: phantom cell, access/backhaul integration, device-to-device communication, flexible duplex communication
- Segmentation by application: consumer electronics, automotive, retail, home automation, energy, utility, healthcare, and others
- Segmentation by region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
5G Global Market – Regional Analysis
The 5G market is segmented by North America, Europe, Asia Pacific and rest of the world. As the 5G is yet to deploy in any of the regions, the market possess a huge opportunity for telecom operators, networking companies and other suppliers and vendors. There are trials being carried out in North America, Europe, and Asia Pacific region. However, it is expected that North America will lead the 5G market in around 2020 and will continue to dominate this growth. Along with North America, Asia Pacific and Europe will also closely follow the race in terms of 5G network deployment and providing faster internet, better call connectivity and enhanced service experiences.
February 2018, Huawei Set to Lead Global Charge to 5G Networks. Huawei Technologies, is one of the top leading players that is expected to dominate the 5G Market globally. Huawei has been recently in collaborations with major European and Asian telecom operators in carrying out 5G trials. Apart from China, Huawei aims to set a benchmark competing against telecom giants like Ericsson, Qualcomm, and Nokia. Huawei Technologies has signed around 25 memoranda of understanding with global telecom operators to carry out trials for 5G. These partnerships and collaborations with telecom operators will provide Huawei an additional advantage for supplying more than 265 global 4G networks and more than 50% of the total 4.5G networks.
February 2018, Airtel, Huawei conduct India’s first 5G network test trial. India’s largest telecom service provider Airtel and Huawei technologies have carried out experiments for 5G deployment. This trial was a small test aiming to check Airtel’s network coverage. Both the companies are trying to provide a robust 5g ecosystem.
February 2018, Mobile network operator O2 is to trial a 5G ‘experience’ at the eponymous London music venue later in 2018. One of Europe’s largest mobile network operator, O2 is planning to test its 5G technology and deployment for the general public in upcoming years. The company aims to provide the 5G network ahead of other players in the market. O2 also seeks to enhance the virtual reality and augmented reality experience for its customers.
- 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
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Table of Contents:
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
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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