Press release
5G System Integration Market is exhibiting at a higher CAGR of 26.2% over the upcoming years 2022-2029 | Size, Share & Industry Forecast
5G System Integration Market
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/5g-system-integration-market-analysis-industry-research/
The factors driving growth of 5G System Integration Market includes growing demand for high-speed bandwidth capacity, rising focus by companies on integrating their legacy network infrastructure with the upcoming 5G technologies, increase in Government's expenditure on the development of smart cities and improvements in the living standards. Under the Smart Cities Mission, the Government of India, allocated INR 48,000 crore to promote cities with enhanced core infrastructure with a clean and sustainable environment with the application of 'smart' solutions, which will accelerate the 5G System Integration Market size in India in the approaching years. Moreover, growing adoption of advanced technologies such as big data analytics, industrial wireless camera, and collaborative robots by companies in the manufacturing facilities, increasing popularity of Network Function Visualization (NFV) and Software-Defined Networking (SDN) amongst enterprise and rapid urbanization, are some of the additional factors supplementing the 5G System Integration Market Growth. In addition, the increasing investments by major corporations on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.
However, growth of the 5G System Integration Market is hindered due to growing concerns related to security and privacy.
The leading players operating in the market are Vodafone Group Plc, Qualcomm Technologies, Inc., Oracle Corporation, Cognizant Technology Solutions Corporation, Amdocs Limited, Verizon Communication Inc., AT&T Inc., BT Group Plc, International Business Machines Corporation, and Wipro Limited among others.
Based on Application, the Home and Office Broadband segment is predicted to grow at a significant CAGR during the forecast period
Rising demand for enhanced Mobile Broadband (eMBB) connectivity and growing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) solutions across smart cities, are propelling growth of the segment.
Based on Industry Vertical, the Retail segment is projected to grow at a robust CAGR over the forecast period
As per the 5G System Integration Market Research, increased adoption of advanced technologies by companies to handle peak time traffic, product tracking and improving customers shopping experience, are some of the factors pushing growth of the segment.
Based on Region, the Asia-Pacific region is anticipated to expand at a remarkable CAGR during the forecast period
Increasing adoption of advanced technologies by major companies, emerging trend of online shopping, rapid urbanization, rising per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in the Asia-Pacific region.
Key Development
In 2021 Bharti Airtel Limited, and Qualcomm Technologies, Inc. partnered for accelerating 5G in India. Through Airtel's network vendors and device partners, Airtel will utilize the Qualcomm 5G RAN Platforms to roll-out virtualized and Open RAN-based 5G networks.
Market Segmentation
Segmentation by Service
Consulting
Infrastructure Integration
Application Integration
Segmentation by Application
Collaborate Robot
Industrial Sensors
Logistics & Inventory Monitoring
Wireless Industry Camera
Home and Office Broadband
Gaming and Mobile Media
Remote Patient & Diagnosis Management
Intelligent Power Distribution Systems
P2P Transfers /mCommerce
Others
Segmentation by Industry Vertical
Manufacturing
Energy & Utilities
Media & Entertainment
IT & Telecom
BFSI
Healthcare
Retail
Others
Segmentation by Region
Asia Pacific
China
Japan
India
Rest of APAC
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/
Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland
GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 5G System Integration Market is exhibiting at a higher CAGR of 26.2% over the upcoming years 2022-2029 | Size, Share & Industry Forecast here
News-ID: 2904768 • Views: 357
More Releases from GMI Research
Wireless Video Surveillance Market reached USD 39.3 billion in 2021 and will gro …
Wireless Video Surveillance Market size was USD 39.3 billion in 2021 and is slated to register a double digit CAGR of 10.3% during 2022-2029 and is projected to reach USD 85.5 billion in 2029
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/wireless-video-surveillance-market/
The factors driving growth of the Wireless Video Surveillance Market includes increasing demand for wireless video surveillance systems in smart city projects, rising deployment of wireless video surveillance…
Water Flosser Market was USD 868 million in 2021 and will reach USD 1,342 millio …
Water Flosser Market size hit USD 868 million in 2021 and is projected to reach USD 1,342 million in 2029 and the market is estimated to grow at a CAGR of 5.6% during 2022-2029.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/water-flosser-market/
The factors driving growth of the Water Flosser Market includes increasing prevalence of dental diseases around the world, growing consumption of candies, sweets, starchy food and tobacco products,…
Video Processing Platform Market is poised to rise at a higher CAGR of 14.1% dur …
Video Processing Platform Market is projected to grow at a significant Compound Annual Growth Rate (CAGR) of 14.1% during 2022-2029.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/video-processing-platform-market/
The factors driving growth of the Video Processing Platform (VPP) Market includes increasing penetration of smartphones around the world, growing demand for high quality videos, rising popularity of Video-On-Demand services and improvements in internet connectivity around the world. Moreover, commercialization of 5G…
Video Analytics Market was USD 6.1 billion in 2021, and is estimated to reach US …
Video Analytics Market was valued to be USD 6.1 billion in 2021, and forecast to touch USD 17.5 billion in 2029, growing at a significant higher CAGR of 14.2% during 2022-2029.
For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/video-analytics-market/
The factors driving growth of the Video Analytics Market includes growing demand for intelligent security surveillance systems, increasing incidences of theft at workplace, rising installation of CCTV cameras at buildings and…
More Releases for Integration
System Integration Market
System integration in engineering refers to the process of bringing together the component sub-systems into one system and ensuring that the subsystems function together as a system. It allows companies to acquire low cost, pre-configured components of hardware and software. These small components of software and hardware help companies to achieve key business goals. Currently, some system integrators such as SAP provide more specialized and specific applications and software packages…
Softline UK Benefits from Sage 200 and eBay Merchant Integration Platform Integr …
Codeless Platforms today revealed that Softline UK, a hardware and technology distributor, has automated its sales order processing and management by using BPA Platform to integrate Sage 200 and eBay Merchant Integration Platform (MIP).
Softline UK Ltd. has been adding significant value to distributing technology and hardware products in the UK and Europe since 1989. It represents a wide range of world brands, helping them promote and sell their products…
Photonic IC (Hybrid Integration, Monolithic Integration, and Module Integration) …
Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Photonic Integrated Circuit (PIC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022” provides strategic analysis of the global photonic IC market along with the market growth (size in US$ Mn) forecast for the period from 2015 to 2022.…
Substation integration Market
Substation integration is a method of protecting, controlling and acquisition of data into a nominal number of platformfor the purpose of reducing operating and capital cost, it also helps in reducingthe control and panel room space, and it also helps to eliminate redundant equipments and databases. The growing adoption of smart grid technology in the utility sector and the need to reduce the distribution and transmission losses in the mode…
Photonic IC (Hybrid Integration, Monolithic Integration, and Module Integration) …
The research study titled “Photonic Integrated Circuit (PIC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022” provides strategic analysis of the global photonic IC market along with the market growth (size in US$ Mn) forecast for the period from 2015 to 2022. The report includes competitive analysis of various market segments based on applications, raw materials, components, and in-depth cross-sectional scrutiny across different geography…
Global System Integration Market Forecast 2025 by Services (Infrastructure Integ …
The global system integration market is expected to reach USD 528.2 billion by 2025, according to a new report by Grand View Research, Inc. Increased spending on system integration solutions, by the key players in the market, has enriched the IT infrastructure and subsequently eliminated redundancies. The growing requirement for eradicating heterogeneity, multiplicity, and fluctuating distinctiveness of vital applications & infrastructures is anticipated to fuel the system integration market over…
