5G technology market: Presents Overview of the Technological Advancements in the Field and Predicts the Future Scope of Development

Market Overview:
The forecast period for this report is considered between 2020 and 2026. The major factors driving the growth of the 5G infrastructure market include increasing demand for mobile data services, rising importance of software implementation in communication network, growth of machine-to-machine (M2M) communication in industries, and growing demand for high speed and large network coverage.

The research methodology used to estimate and forecast the 5G infrastructure market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources referred to for this research include 3rd Generation Partnership Project (3GPP), International Telecommunication Union (ITU), 5G World Alliance, 5G Automotive Association, Cellular Telephone Industries Association (CTIA) (US), Global Mobile Supplier Association (GSA). The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the 5G infrastructure market from the revenues of the key players. After arriving at the overall market size, the total market has been split into several segments, which have then been verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedure have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments.
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Market Analysis:

The report aims at estimating the market size and future growth potential of the 5G infrastructure market on the basis of communication infrastructures, core network technologies, chipset types, applications, and geographic regions. The report analyzes the structure of the market by identifying various segments of the 5G infrastructure market. It aims at identifying the major market trends and factors driving or restraining the growth of the 5G infrastructure market and its various submarkets. Moreover, this report analyzes the value chain of the 5G technology ecosystem. Furthermore, the report analyzes opportunities in the market for stakeholders by identifying the high-growth segments of the 5G infrastructure market, strategically profiles the key market players, and comprehensively analyzes their market size and core competencies in each segment.
Key Growth Factors

The main driver of 5G is the ever-increasing demand for an enhanced mobile internet experience, clubbed with smartphone adoption among users. 5G technology will address rising bandwidth requirements, demand for advanced application services and improved acceptance of the Internet of Things (IOT).

Threats and Key Players

Well-defined 5G standards and a clean regulatory environment will help realize the full potential of 5G services. Inadequate spectrum and infrastructure would be the key hindrance for developing nations in the effort to adopt 5G services.

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Top 10 global key service provider companies covered in the study include:

• China Mobile
• Verizon Communications
• AT&T
• Vodafone
• Nippon Telegraph and Telephone
• Sprint Corporation
• Deutsche Telekom
• Telefónica
• América Móvil
• China Telecommunications Corporation

What’s covered in the report?

• Drivers for 5G adaptation, trends, and challenges in the present telecommunication industry
• Total number of global and regional SIM cellular connections and SIM M2M cellular connections across 5G, 4G, 3G, 2G
• Global and regional data usage for both SIM cellular connections and SIM M2M cellular connections across 5G, 4G, 3G, 2G
• Global and regional data traffic for both SIM cellular connections and SIM M2M cellular connections across 5G, 4G, 3G, 2G
• Potential 5G Global Landscape

Related Definitions:

Classic SIM Connection A subscriber identification module (SIM) is an integrated circuit(IC) that is designed to securely store the international mobile subscriber identity (IMSI) number and its related key, which are used for identification and authentication of subscribers on mobile telephony devices (such as mobile phones and computers). SIM cards are used on GSM phones, and they are required for newer LTE-capable handsets.

Machine-to-Machine (M2M) SIM Connection– Refers to the technologies that enable devices/ machines and sensors or “things” within (The Internet Of Things) to communicate with each other – and with other Internet-enabled devices and systems.

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