Press release
5G Market Analysis to 2025 by Top Companies Verizon Communications, Telefonica, Orange, Qualcomm, T-Mobile USA and Ericsson
The global 5G market is anticipated to amount to US$ 2.56 Bn by 2020 and is also estimated to reach US$ 23.95 Bn by 2025. The report highlights the trends prevalent in the global 5G market and the factors driving the market along with those that act as deterrents to its growth. A number of industry verticals are set to be positively impacted post the rollout of 5G technology services in the market space. The major industry verticals include smart automotive, healthcare, smart transportation & logistics, consumer electronics, industry automation, building & home automation, and others. On the basis of geography, the 5G market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).The global 5G infrastructure market is experiencing an intense growth with regards to the investments, trials being carried out and deployment for future in the current scenario and is anticipated to rise in the coming years. The market for 5G infrastructure consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced service to the customers.
The 5G market segmentation is done on the basis of networking infrastructure and industry vertical. The market for 5G is segmented on the basis of networking infrastructure into small cells, macro cells and others. Further, the market has been segmented into various industry verticals that are anticipated to be benefitted through incorporation of 5G technology into their operational models.
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North America and APAC will have bigger share of revenue in the market, owing to their economically economies and developed infrastructure to support upcoming technological trends in almost all industry sectors and the population in the region coupled with smartphone penetration. Globally 5G market is expected to foresee significant rise in terms of revenue share. By 2025, the market scenario is expected to change in terms of acquired revenue share. North America is expected to be a saturated market with almost constant market share over the forecast period. However, APAC is estimated to gain significant share of revenue in the total market, as a result of growing economy and rising digitalization initiatives in the region.
Gobal key players operating in the 5G market
- Ericsson
- Huawei Technologies Co. Ltd.
- Verizon Communications, Inc.
- Nokia Networks
-T-Mobile USA, Inc.
- Cisco Systems, Inc.
- AT&T, Inc.
- Qualcomm, Inc.
- Telefonica S.A.
- Orange S.A.
The 5G market is segmented on the basis of networking infrastructure and industry vertical; analyzed across five major geographical regions, namely North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). Networking infrastructure is further fragmented by Small Cell, macro cell, and others. Whereas the industry vertical is further segmented into smart automotive, healthcare, smart transportation & logistics, consumer electronics, industry automation, building & home automation, and others. This industry is expected to witness a rapid growth and drive the deployments in 5G market.
The Mexican Government is striving to increase the connectivity coverage across the country with its project named Red Compartida. This project involves building a 5G ready network using the LTE technology for rollout in Mexico. Further, countries like Argentina, Chile, and Columbia have also taken initiatives for investment in the 5G technology through partnerships with giant telecommunication players such as Nokia and Huawei Telecommunications. Moving on to the Middle East and African countries, the Saudi Arabian government is strategically focusing on the development of 5G technology in various countries present in this region.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global 5G Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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Reason to Buy:-
-Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global 5G market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the 5G market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
About Us
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
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