Next Generation Communication Technologies Market Size, Technical Advancement And Industry Forecast by 2025 | Top Players: Verizon, Huawei Technologies Co., Ltd., Devicescape Software among Others

A recent report published by QMI on next-generation communication technologies market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of next-generation communication technologies market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for next-generation communication technologies during the forecast period. It can enable manufacturers of next-generation communication technologies to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the high growth of the end-use industry in the emerging regions is expected to drive the demand for global next-generation communication technologies market during the forecast period. Some of the major end-use industries in the global next-generation communication technologies market have been witnessing strong growth in the emerging region such as the Asia Pacific and the Middle East.
Segmentation for better understanding of this market and its growth prospects:

Communication technologies of the next generation can also be called advanced communication systems. Communication technology has advanced drastically over the years with ongoing technological advances in the internet and other communication systems that support it.

Communication tools of the next generation help to minimize the communication gap and enhance communication reliability. Communication technologies of the next century are anticipated to serve a central part in the development of varying market segments in the upcoming period.
Application-based worldwide demand for next-generation communication technology can be segmented into telecommunications, consumer electronics, medicine, safety & monitoring, aerospace, manufacturing and military applications.

Important Factors Impacting Market Growth:

o Increasing demand for higher data communication speeds
o Increased use of internet across various industries across the industries
o Increasing developments in internet aided communication devices
o Ease of communication due to continuous technological advances such as the introduction of LTE and 5G

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Significant Developments:

o In March 2019, Verizon Inc. (US), a telecommunications giant acquired Straight Path Communications, which holds a treasure trove of wireless licenses usable in future super-fast next-generation 5G mobile and fixed broadband services.
o Bluetooth Special Interest Group launched a new Bluetooth device norm in December 2014, i.e. Bluetooth 4.2. This fresh norm offers characteristics of speed and privacy.
o In November 2014, the ZigBee alliance released a new standard for ZigBee products. This standard provides features such as interoperability among the extensive range of smart devices and consumer access to various innovative products as well as services that will work together flawlessly.

Insights about the regional distribution of the market:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

For next-generation communication technologies market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions in the next-generation communication technologies market.

North America and Western Europe have been one of the key regions with technological advancements in ICT, electronics & semiconductor sector. Factors like the use of advanced technology and the presence of global companies to cater to the potential end-users are favorable for the growth of next-generation communication technologies market. Also, most of the leading companies have headquarters in these regions.
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The Asia Pacific is estimated to be one of the fastest-growing markets for next-generation communication technologies market. Major countries in the Asia Pacific region are China, Japan, South Korea, India, and Australia. These economies in the APAC region are major contributors in the ICT, electronics & semiconductor sector. In addition to this, government initiatives to promote technological advancement in this region are also one of the key factors to the growth of next-generation communication technologies market. The Middle East and Rest of the World are estimated to be emerging regions for next-generation communication technologies market.
Companies Covered: AT&T Inc., Verizon, Huawei Technologies Co., Ltd., Devicescape Software, Inc., and Green Packet Berhad

Market Segmentation:

By Technology:
o Wired
o Twisted Pair
o Optical Fiber Cable
o Wireless
o 5G
o 4G LTE
o Wi-Max
o Wi-Fi
o Zigbee
o Li-Max
o Bluetooth 4.0

By End User Industry:
o Telecommunication
o Consumer Electronics
o Healthcare
o Security & Surveillance
o Automotive
o Industrial
o Military
o Others

By Region:

North America
o By Country (US, Canada, Mexico)
o By Technology
o By End-User Industry

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Technology
o By End-User Industry

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Technology
o By End-User Industry

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Technology
o By End-User Industry

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Technology
o By End-User Industry

Rest of the World
o By Region (South America, Africa)
o By Technology
o By End-User Industry

Reasons To Buy This Report:
o Market size estimation of the global next-generation communication technologies market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.