5G Enterprise Market 2022 Growth Outlook - Cisco System Inc., Telefonaktiebolaget LM Ericsson, HuaweiÊTechnologies Co. Ltd., Nokia Networks

The 5G Enterprise 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 5G Enterprise Market is expected to register a healthy CAGR of over 42% during the forecast period (2022 - 2027).

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Top Leading Companies of 5G Enterprise Market are Cisco System Inc., Telefonaktiebolaget LM Ericsson, HuaweiÊTechnologies Co. Ltd., Nokia Networks, NEC Corporation, Samsung Group, ZTE Corporation and others.

Industry News and Updates

In July 2022 - Ericsson selected by SoftBank Corp. to deliver cloud-native dual-mode 5G Core. By this, SoftBank may develop new 5G use cases towards consumers, enterprises, and industry partners. Whereas back in May 2019, Ericsson was selected by SoftBank as its primary 5G radio access network (RAN) vendor.

- In June 2022 - ZTE Corporation announced a collaboration with China Mobile to develop and launch the countryÕs first 5G medical edge cloud platform.

Key Market Trends

North America Holds Maximum Market Share

- Cloud-based enterprise applications are thriving in the North American region. The cloud-based solutions depend on internet connectivity to function in the hosted environment, with 5G enabling much faster internet speed, it may further enhance the connectivity experience. The increase in the demand for advanced technologies, such as machine-to-machine communication, connected cars, and artificial intelligence, is highest in the region compared to other regions. Hence, it is anticipated to offer massive opportunities for the 5G enterprise market to grow.

- Moreover, as per Ericsson, by the end of 2027, the 5G mobile subscription is expected to reach 318 million that is more than 80% penetration of all the mobile subscriptions in the North America region, which may further fuel the demand for 5G network.

- Therefore, to meet the capacity, coverage, and efficiency demands of future 5G services, network operators in the United States are investing in their networks to achieve the highest performance at the lowest cost per bit, using advancements, such as network function virtualization (NFV) and software-defined networking (SDN), to maximize network efficiency.

Regional Outlook of 5G Enterprise Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The 5G Enterprise Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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