Press release
5G Market Outlook With Is Expected To Grow USD 251 Billion Till 2025 | Global Key Players: AT&T, Vodafone, Deutsche Telekom, Telefónica, América Móvil
5G Market
Global 5G Market Overview:
According to market analysts, Global 5G Market is forecast to grow at a CAGR of around 97% over a five-year period and will reach a value of USD 251 billion by 2025.
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The fifth-generation of mobile technology (5G technology) is expected to cater to the demand and business frameworks needed by and beyond 2020; but it is not without its disruptions. In addition to driving a connected society, 5G wireless technology will bring about socio-economic transformations through productivity, sustainability and well-being.
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).
To gain an edge in this technology, which is expected to be faster and less power consuming than most of the present wireless broadband technologies in commercial usage, many governments and educational institutions have started to lay the ground for 5G. Such widespread research activities are expected to have a huge positive influence on the overall development of the technology in the near future.
The 5G Market is segmented based on technology into categories such as Wi-Fi, HSPA (high speed package access), RAT (radio access technologies), GSM (global system for mobile), and WiMAX (worldwide interoperability for microwave access) and Region.
Regionally, the 5G market is expected to gain the most promising returns in the U.S. and Japan. The Federal Communications Commission (FCC) in the U.S. has also begun to assess the allocation of frequencies to 5G networks.
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Top global key service provider companies covered in the study include:
1 China Mobile
2 Verizon Communications
3 AT&T
4 Vodafone
5 Nippon Telegraph and Telephone
6 Sprint Corporation
7 Deutsche Telekom
8 Telefónica and More...
Key Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2022?
2 What are the key factors driving the 5G Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Executive Summary
2 Global- Market Overview
3 North America- Market Overview
4 Europe- Market Overview
5 Asia Pacific- Market Overview
6 Latin America- Market Overview
7 Middle East and Africa- Market Overview
8 5G Global Landscape- Tests, Trials, and Demonstrations
9 5G-The Road Ahead
10 Appendix
About us:
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
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