Press release
Global 5G Device Sales Accelerated due to Introduction of Smart Grid Systems across Countries
QYResearchReports
This market report is a thorough analysis of the global 5G device industry in its current scenario and presents a figurative forecast of the future status based on several factors that are anticipated to influence the market. The 5G device sales market study presents an analysis of the global markets, comprising future opportunities, and development trends. The next section gives a detailed analysis of key regions development status. Lastly, the competitive landscape analysis is discussed.
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A trend observed among players in the global 5G device market is the partnering of vendors with network equipment providers. Players in the market are being pressurized to come up with advancements in technology and innovations so as to fulfil the frequently changing requirements of customers. The competition in the market is expected to increase in the coming years as commercial deployments increase. Mergers and acquisitions are likely to take place among players in order to enhance their product portfolio and for geographical expansion.
The growing number of data capable devices and high bandwidth applications are prime reasons driving consumers to use LTE technology and in turn boosting the sales of 5G devices. The number of mobile connections using LTE is growing at a high pace, driving the demand for 5G devices. The growing use of smart grid systems is creating a conducive environment for driving the sales of 5G devices.
The introduction of smart grid systems in countries such as India, China, Spain, France, Germany, and the U.S. has resulted in a surge in the sales of 5G devices. These countries are making use of smart grid applications such as smart energy meters and supervisory control and data acquisition (SCADA) systems, so as to manage complex smart devices and also reduce power outage. This in turn will create a need for sophisticated control systems to manage these devices, which make use of 5G fast and secure communication network. As such, the sales of 5G devices is expected to accelerate.
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Some of the players in the global 5G device market are: Ericsson, AT&T, Huawei Technologies, China Mobile, Nokia, KT, Qualcomm, Samsung, NTT DOCOMO, ZTE, Orange Business Services, SK Telecom, Sprint, TeliaSonera, Telenor, Verizon, Vodafone, and Singtel.
List of Tables and Figures
Figure Picture of 5G Device
Table Classification of 5G Device
Figure Global Sales Market Share of 5G Device by Type in 2015
Figure Type I Picture
Figure Type II Picture
Table Applications of 5G Device
Figure Global Sales Market Share of 5G Device by Application in 2015
Figure Application 1 Examples
Figure Application 2 Examples
Figure United States 5G Device Revenue and Growth Rate (2011-2021)
Figure China 5G Device Revenue and Growth Rate (2011-2021)
Figure Europe 5G Device Revenue and Growth Rate (2011-2021)
Figure Japan 5G Device Revenue and Growth Rate (2011-2021)
Figure Global 5G Device Sales and Growth Rate (2011-2021)
Figure Global 5G Device Revenue and Growth Rate (2011-2021)
Table Global 5G Device Sales of Key Manufacturers (2011-2016)
Table Global 5G Device Sales Share by Manufacturers (2011-2016)
Figure 2015 5G Device Sales Share by Manufacturers
Figure 2016 5G Device Sales Share by Manufacturers
Table Global 5G Device Revenue by Manufacturers (2011-2016)
Table Global 5G Device Revenue Share by Manufacturers (2011-2016)
Table 2015 Global 5G Device Revenue Share by Manufacturers
Table 2016 Global 5G Device Revenue Share by Manufacturers
Table Global 5G Device Sales and Market Share by Type (2011-2016)
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