Next-generation Communication Devices Market 2021 Strategic Forecasting – Precise Outlook By 2026

The Next-generation Communication Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The next-generation communication devices market is expected to register a CAGR of over 20% during the forecast period, 2020-2025. 

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Top Leading Companies of Next-generation Communication Devices Market are Huawei Technologies Co. Ltd, Cisco Systems Inc., Analong Devices Inc., Telefonaktiebolaget LM Ericsson, Netgear Inc., Koninklijke Philips NV, Panasonic Corp., Purelifi Ltd, Arris International PLC and others.

Key Market Trends:

Automotive Sector is Expected to Hold a Significant Share

- As the trend towards autonomous driving is increasing concerning investment and R&D, the application of 5G is expected to rise drastically. With the growth of the aforementioned, people will want to have more functionality regarding connectivity and activities requiring high bandwidth from the network. In 2018, Ericsson and Audi announced their plans to pioneer the utilization of 5G technology for automotive manufacturing. This will not only open new opportunities for the industry players but also foster confidence in autonomous driving.
- Visible Light Communication (VLC) is used in applications related to vehicle and transportation such as location-based services (LBS), vehicle-to-vehicle (V2V) communication, and intelligent transportation systems (ITS).

Competitive Landscape:

- February 2019 - Marvell and Samsung announced the expansion of their strategic partnership for 5G global infrastructure. Both companies are collaborating on the development and launch of multiple generations of radio and control plane processors for LTE and 5G NR.

By Technology:

5G

Visible Light Communication / Li-Fi

Wireless Sensor Networks (WSN)

Other

By End User:

Manufacturing

Military and Defense

Transportation

Other

Regional Analysis:

North America to Account for a Major Share

- As per Ericsson, North America is expected to lead the 5G mobile technology with major operators stating their intentions to deploy 5G. By 2023, around 50% of all mobile subscriptions in the region are forecast to be for 5G. The US federal government is also planning to build a centralized 5G wireless network across the country by 2021. Moreover, the surge in demand for advanced technologies such as machine-to-machine communication, connected cars, and AI is highest in the region as compared to others, hence is anticipated to offer ample opportunities for the next-generation communication devices market.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Next-generation Communication Devices Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Next-generation Communication Devices Market (%),2016 - 2026
- Next-generation Communication Devices Market Share, By Brand
- Next-generation Communication Devices Market Share, By Company
- Next-generation Communication Devices Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Next-generation Communication Devices Market Value Analysis & Forecast
- Promising Next-generation Communication Devices Development by Major Companies
- Detailed Next-generation Communication Devices Portfolio of the Major Companies
- Major Deals in the Next-generation Communication Devices Market
- Major Companies Analysis

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