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5G in Healthcare Market: The global market is expected to grow at a CAGR of 28.13% during the forecasted period.

01-29-2024 09:23 PM CET | Fashion, Lifestyle, Trends

Press release from: Evolve Business Intelligence

5G in Healthcare Market: The global market is expected to grow at

As per the study initiated by Evolve Business Intelligence, the global 5G in Healthcare Market size accounted for USD 24.7 billion in 2022, growing at a CAGR of 28.13% from 2023 to 2033.An AI (Artificial Intelligence) chipset, also known as an AI accelerator or AI processing unit (APU), is a specialized hardware component designed to perform machine learning and deep learning tasks more efficiently than general-purpose central processing units (CPUs) or graphics processing units (GPUs). AI chipsets are optimized for processing complex mathematical calculations and algorithms that are integral to AI applications, including natural language processing, computer vision, and neural network training and inference. These dedicated chips can significantly accelerate AI workloads, leading to faster and more energy-efficient AI processing in various devices and applications, from smartphones and autonomous vehicles to data centers and edge computing devices.
The 5G in Healthcare market is primarily driven by the increasing adoption of artificial intelligence in a wide range of applications, including autonomous vehicles, IoT devices, and cloud computing, necessitating specialized hardware for enhanced AI performance. Additionally, the demand for energy-efficient and high-performance AI processing solutions is fueling innovation and competition in the 5G in Healthcare industry.

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Key Highlights:
• The global 5G in Healthcare Market size was valued at USD 24.7 billion in 2022 growing at a CAGR of 28.13% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global 5G in Healthcare Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major 5G in Healthcare Market players holding high market shares include AT&T Inc. (US), Verizon (US), Ericsson (Sweden) and T Mobile USA Inc. (US). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• AT&T Inc. (US)
• Verizon (US)
• Ericsson (Sweden)
• T Mobile USA Inc. (US)
• Cisco Systems Inc. (US)
• Telus Communications Inc. (Canada)
• Telit (UK)
• Orange S.A. (France)
• Telefónica S.A. (Spain)
• SAMSUNG (South Korea)
• BT Group (UK)

Segmental Analysis
Market Segment By Component
• Hardware
• Services
• Connectivity

Market Segment By Application
• Connected Medical Devices
• Remote Patient Monitoring
• Assets Tracking for Medical Devices
• AR/VR
• Connected Ambulance

Market Segment By End User
• Healthcare Providers
• Healthcare Players

For more information: https://evolvebi.com/report/5g-in-healthcare-market-analysis/

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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