Press release
5G in Southeast Asia: Driving Innovation with Private Network Deployments
According to the report published by Allied Market Research, The 5G in Southeast Asia: Driving Innovation with Private Network Deployments. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.High penetration of 5G private network, increase in usage of artificial intelligence (AI) & other smart connected devices, and rise in need for high-speed internet with shift toward digitization drive the growth of the South East Asia 5G private network market. However, security concerns and high cost of implementation for 5G private network solutions restrain the market growth. On the other hand, rise in need for low latency connectivity in organizations, emergence of cutting-edge technologies, and increase in investments for implementation of 5G private network infrastructure create new opportunities in the coming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐ - 324 ๐๐๐ ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/request-sample/A16217
The South East Asia 5G private network market size was valued at $59.31 million in 2020, and is projected to reach $1939.60 million by 2030, growing at a CAGR of 41.9% from 2021 to 2030.
The Southeast Asia 5G private network market is segmented into component, frequency type, spectrum, industry vertical, and country. By component, the market is segregated into hardware, software, and service. On the basis of frequency, it is bifurcated into sub-6Ghz and mmWave. Depending on spectrum, it is categorized into licensed and unlicensed spectrum. As per industry vertical, it is fragmented into industry 4.0, Enterprise & Campus healthcare, transport & logistics, smart city, retail & e-commerce, tourism, and others. Country wise, the market is analyzed across Nepal, Sri Lanka, Malaysia, Bangladesh, Cambodia, Indonesia, and rest of Southeast Asia.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐๐ญ: https://www.alliedmarketresearch.com/south-east-asia-5g-private-network-market-A16217
Based on component, the hardware segment accounted for the highest market share in 2020, contributing to nearly half of the South East Asia 5G private network market, and is expected to maintain its dominance throughout the forecast period. This is attributed to increase in adoption of 5G private network solution among enterprises to gain strategic & competitive advantages and avail strong customer retention over their competitors. However, the services segment is projected to witness the fastest CAGR of 45.9% from 2021 to 2030. This is due to effective coordination between hardware provider companies and 5G private network users by offering services such as implementation, training, consulting services, and managed services.
Based on industry vertical, the Industry 4.0 segment held the highest share in 2020, accounting for more than half of the South East Asia 5G private network industry, and is projected to continue its leadership status by 2030. This is attributed to rise in use of industrial automation and internet of things in the manufacturing industry. However, the smart city segment is estimated to witness the highest CAGR of 48.3% from 2021 to 2030. This is due to rise in use of low latency and high speed internet in the smart city projects.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฅ๐๐๐ฌ๐ ๐๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐จ๐ง๐ญ๐๐๐ญ ๐จ๐ฎ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/A16217
Based on country, Indonesia contributed to the highest market share in terms of revenue in 2020, accounting for around two-fifths of the South East Asia 5G private network market, and is projected to continue its lead position by 2030. However, Malaysia is estimated to witness the largest CAGR of 48.6% during the forecast period, owing to ongoing development in the telecom sector that drive organizations to focus on rapid deployment and implementation of the 5G private network.
The report further analyzes the market's competitive landscape and offers information on several market vendors such as Ericsson, Nokia Corporation, Cisco System Inc., Samsung, ZTE Corporation, Verizon Communication, BT Group, Qualcomm Technologies Inc., Deutsche Telekom, AT & T, Dialog Axiata PLC, Axiata Groups Celom, DiGi, Bharti Airtel Lanka, and U-Mobile as well as system integrator companies such as Enea Openwave, HCL Technologies, Amdocs, and Infosys Limited.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A16217
Covid-19 Scenario
โ Nearly 90% of organizations in the region adopted "work from home" policy, which, in turn, resulted in the increased usage of cloud infrastructure and rise in internet traffic. So, the COVID-19 pandemic impacted the South East Asia 5G private network market positively as the adoption of 5G private network increased considerably.
โ In the era of post-pandemic, companies focused on the adoption of advanced technologies such as augmented reality, virtual reality, and internet of things to carry out contactless operations in several industry verticals such as manufacturing, energy and utility. This led to implementation of 5G private network.
๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (324 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) ๐๐ญ: https://www.alliedmarketresearch.com/south-east-asia-5g-private-network-market/purchase-options
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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