Press release
5G Market 2018 Global Vendors Anaysis: Huawei Technologies, Verizon Wireless, LM Ericsson, NTT DOCOMO, Vodafone Group PLC, AT&T, Alcatel-Lucent
Market Highlights
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.
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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”.
Key Players
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.
Segmentation
5G by Component:
• Phantom Cell
• Access/Backhaul Integration
• Device-To-Device Communication
• Flexible Duplex Communication
5G by Applications:
• Consumer Electronics
• Automotive
• Retail
• Home Automation
• Energy
• Utility
• Healthcare
• Others
Regional Analysis:
The regional analysis of 5G market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America region is expected to dominate the 5G market owing to the rapid technological advancements early deployment of 5G technology. Europe is also expected to gain a major in the 5G market during the forecast period. Asia-Pacific region as a whole has a steady pace of progress in 5G market but it has been observed that countries like Korea and Japan are growing significantly in the 5G market.
The study indicates that companies like Nokia, Ericsson are partnering different companies in India like Airtel and BSNL for 5G network infrastructure. Therefore the study reveals that 5G market is expected to deploy worldwide by the end of forecast period.
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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
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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