Voice-over-5G (Vo5G) Market 2021 Latest Developments and Prospects - Nokia Corporation, Marvell Technology Group Ltd., Fujitsu Limited, NEC Corporation

The Global Voice-over-5G (Vo5G) Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

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Key Players:

Huawei Technologies Co. Ltd., MACOM Technology Solutions Inc., Deutsche Telekom AG, AT&T Inc., Telefonaktiebolaget LM Ericsson, SK Telecom Co. Ltd., Nokia Corporation, Marvell Technology Group Ltd., Fujitsu Limited, NEC Corporation and others.

Key Market Trends

5G Commercialization is Driving the Market Studied

- In 2019, Nokia made the worlds first commercially deployed, live, cloud-based 5G radio access network in North America.
- In August 2017, Huawei signed a memorandum of understanding (MOU) with Festo, to jointly explore the 5G network application in the manufacturing industry and to promote the digital transformation of the manufacturing industry with the 5G network slicing technology. This MoU was mainly based on 5G cloud robotics to test the Robot-as-a-Service (RaaS) concept, which is also a part of offering voice-based services in smart factories.
- In August 2019, Samsung Electronics and SK Telecom demonstrated the use of 5G technology for enhancing live motor racing experiences, with the help of Samsungs end-to-end 5G mmWave solutions, including 5G New Radio (NR) base stations. The same equipment has been in commercial operation in the United States since the first half of 2019. The companies used the live video streaming capability to broadcast multiple views of the race in real-time over T Live Caster 5G, SK Telecoms live broadcasting solution.
- In May 2019, Samsung Electronics signed an expansion contract with KT Corporation to offer public safety (PS-LTE) network solutions based on 3GPP standard Release 13 for ten major metropolitan regions in South Korea, including Seoul, by 2020.

Asia-Pacific is Expected to Register a Significant Growth Rate Over the Forecast Period

- Asia-Pacific is one of the significant markets for Vo5G, owing to the highly developing telecom sector and large customer base. Furthermore, the region is increasingly investing in the 5G market. Countries, like China, India, Japan, Australia, Singapore, and South Korea, are increasingly investing in the development of the domestic 5G market, which is also expected to drive the Vo5G market in the region.
- According to GSMA, China is set to become one of the worlds leading 5G markets over the next few years, with Chinese mobile operators expected to invest an additional USD 58 billion in 5G network rollouts, over the next two years.
- The end-user applications of the 5G network are also increasing in the region, which is also expected to develop a space for the market studied. For instance, China Unicom, which is increasingly investing in 5G deployment, made a strategic collaboration with Intel for the Winter Olympics in Beijing in 2022, with a focus on smart applications for the venue.
- Large telecom markets, like India, are also emerging as the fastest-growing markets for M2M services. In February 2018, the Department of Telecommunications (DoT) (India) issued a policy document that offers guidelines to enable the introduction of machine-to-machine (M2M) communication services in India.
- The India-based company, Tech Mahindra, is building 5G use cases with US-based hospitals, in order to help manage remote surgeries that may require seamless network connectivity.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Voice-over-5G (Vo5G) market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Personal Protective Equipment market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Voice-over-5G (Vo5G) market.

Market Segments: This part of the report discusses product type and application segments of the global Voice-over-5G (Vo5G) market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Voice-over-5G (Vo5G) used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

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– The market estimate (ME) sheet in Excel format

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Finally, the Voice-over-5G (Vo5G) Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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