Applications and Market Opportunities of NR-RedCap - Valuates Reports

Release 17 for 5G is expected to be completed in 2022 and is projected to include the IoT (Internet of Things) technology of NR-RedCap (New Radio Reduced Capability). As this technology only needs 10MHz bandwidth to achieve a data rate of 150Mbps and can reduce the power consumption of devices, it is expected to be adopted in places where power supply is unavailable and high-speed transmission is required. This report provides an overview of NR-RedCap technology and looks into different use cases to identify applications and opportunities of NR-RedCap in the market.

Development of NR-RedCap, touching on different IoT technologies such as short range and wide area Development of the global wide area IoT market and includes the market forecast for the period 2021-2023 and major players Applications of NR-RedCap in four major applications, including industrial wireless sensor, video surveillance, smartwatch, and smart glasses

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Table of Contents

1. Current Status of IoT Technology and Development of NR-RedCap

1.1 Types of IoT Technology: Short Range and Wide Area
1.2 Development of the Worldwide Wide Area IoT Market
1.3 Progress of IoT-related 5G Technology
1.4 NR-RedCap Addresses the Needs of Mid-range Use Cases
1.5 Easy Integration of NR-RedCap and 5G Networks to Reduce Operational and Management Complexity

2. Applications of NR-RedCap

2.1 Industrial Wireless Sensor: Highly Reliable Sensor Networks
2.2 Video Surveillance: HD Images to Facilitate Decision-making
2.3 Smartwatch: Keep Track of Kids' Locations
2.4 Smartglasses: Instructions to On-site Staff to Improve Productivity

3. Opportunities Brought by NR-REDCAP for IoT Service Providers

3.1 NR-RedCap to Fill the Void in Telecoms' IoT Solutions in the Medium-speed Sector
3.2 NR-RedCap to Reduce Device Costs and Expand the Private Network Market

4. MIC Perspective

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Appendix
List of Companies
List of Tables

Table 1 Comparison of IoT Technology
Table 2 Stakeholders Participated in the NR-RedCap Standard Establishment
List of Figures
Figure 1 Short Range and Wide Area IoT Technology
Figure 2 Worldwide Wide Area IoT Market Forecast, 2019-2023
Figure 3 Roadmap of 3GPP Standardization
Figure 4 NR-RedCap to Meet the Needs of Mid-range Use Cases
Figure 5 Easy Integration of NR-RedCap in 5G Core Networks
Figure 6 Three Major Application Areas of NR-RedCap
Figure 7 Distribution of IoT Devices by Number of Connections
Figure 8 Factory Applications with Different Data Rate and Reliability Requirements
Figure 9 Supply and Demand Sides of Private Enterprise Networks

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