5G Market – 2019 Industry Size, Share, Opportunity Assessment, Emerging Trends, Historical Analysis, Sales Revenue, Development Status and Regional Forecast 2022

Market Research Future published a research report on “5G Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Pune, India - September 11, 2019 /MarketersMedia/ —

Market Insight

The 5G market is cementing its foothold at a significant CAGR during the forecast period from 2018 to 2022, according to Market Research Future reports. 5G is referred as 5th generation mobile networks or the wireless systems. It has excellent acceptance for mobile devices, tablets, and others.

Market Drivers & Trends

The study of MRFR indicates that 5G is anticipated to conquer a larger market share owing to numerous features with large number of benefits. As 5G aims to offer data with a much lower cost per bit as compared with the current networks, it has become one of the most demanding networks. These factors are contributing to a more significant part of the market’s expansion.

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Apart from these, the surging data consumption will result in an amplified energy footprint from networks. 5G thus aims to consume comparatively lower energy than existing cellular networks. The exponential rise in connected devices, such as wirelessly connected sensors, actuators, and similar devices for massive machine connectivity is likely to place demands on the network in the coming years. In the forecast period, 5G would be available for a wide range of applications, use cases, wearable devices, smart homes and others which is anticipated to trigger the market growth on a rapid pace.

Market Segmentation

The 5G Market has been segmented by elements such as components and application.

Of these, the components segment includes phantom cell, access/backhaul integration, device-to-device communication, and flexible duplex communication.

The applications segment is segmented into consumer electronics, automotive, retail, energy, utility, healthcare, home automation, and more.

Key Players

The major global players effective in the 5G market have been profiled in this report are Verizon Wireless (U.S.), LM Ericsson (Sweden), AT&T Inc. (U.S.), Alcatel-Lucent (France), Huawei Technologies Co. Ltd. (China), China Mobile Ltd. (China), NTT DOCOMO, Inc. (Japan), Bharti Airtel Limited (India), and Vodafone Group PLC (UK).

Regional Insights

The region-wise study of the global 5G market covers vital regions of Asia Pacific, North America, Europe, and the Rest of the World (RoW).

Among these, North America is the forerunner in the market and is probable to lead the market in the next few years. The advanced IT infrastructure here is likely to support the growth of the 5G market in the foreseeable future. The initial deployment of 5G services has earned a competitive edge among the other markets in this region.

Europe is another burgeoning market for 5G services with the technological advancements being made in this region is projected to assist the expansion of the 5G market in the coming years.

The Asia Pacific is also to register steady growth over the valuation period. Factors such as Industrial automation, advancements in the IT industry, penetration of smartphones are chiefly responsible for generating demand 5G services across the region. Besides, country-level markets in China is already working on the development of the 5G market and expects to accelerate revenue creation in the years to come.

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Intended Audience

• System Integrators
• network equipment vendors
• OEMs
• 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

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/5g-market-2019-industry-size-share-opportunity-assessment-emerging-trends-historical-analysis-sales-revenue-development-status-and-regional-forecast-2022/88917837

Source: MarketersMedia

Release ID: 88917837

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