5G Technology Overview, Use Cases and Demand Forecast

Report Hive Market Research Released a New Research Report on Title "5G Technology Overview, Use Cases and Demand Forecast" with detailed Analysis, Forecast and Strategies.

3GPP has agreed to bring forward the finalization of the IMT 2020 standard, but a few pre-standard 5G networks are being rolled out during 2017. LTE penetration has reached 60% in several markets and over 70% for some operators, while average monthly smartphone data consumption is set to grow fourfold in the next five years, and the volume of mobile data will continue to grow fast. Progressive operators in advanced markets are pushing for early 5G launches, and the first commercial, standardized services may launch as early as late 2018, despite the nomenclature. Many more operators will launch in the following couple of years.

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5G will, for the first time, go beyond increased bandwidth and capacity, as was the focus in previous wireless generations, adding low latency, high density and high reliability. These capabilities will enable a variety of use cases, opening the door to new, predominantly business focused services such as self-driving cars and smart cities. 5G also supports the focus that many operators have in looking for new, adjacent revenue streams, including fixed-mobile integration, digital content and IoT.

Key questions answered in the report

· What will the market size and the growth rate be in 2022?
· What are the key factors driving 5G Technology?
· What are the key market trends impacting the growth of 5G Technology?
· What are the challenges to market growth?
· Who are the key vendors in this market space?
· What are the market opportunities and threats faced by the vendors in 5G Technology?
· Trending factors influencing the market shares of the Americas, APAC, and EMEA?
· What are the key outcomes of the five forces analysis of 5G Technology?

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