Press release
5G Market Research Depth Study 2017 and Top Key Players: Verizon Wireless, AT&T, Huawei Technologies, Vodafone Group and LM Ericsson
The 5G market is growing rapidly. Increase in mobile data traffic volume is driving the 5G market as 5G aims to provide very low latency. Innovation is a key driver in 5G. The 5G Market is evolving across world. The increasing machine to machine communication in organizations and demand for high-speed and large network coverage is driving the 5G market.
The growing investments in 5G, rapid technological advancements and extensive usage of mobile data applications are the key market drivers for the 5G market. Companies like Ericsson and Telefonica are taking initiatives to implement 5G advanced very soon. The 5G is expected to emerge soon enough to the market. The study indicates that compatibility of 5G with all the existing devices is a major concern for deploying 5G. The study also reveals that the costing of 5G is also a major concern for the growth of 5G market.
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As per the recent news about 5G, the study indicate that many companies have partnered with their competitors for developing and deploying 5G technology worldwide. Ericsson has partnered with many different companies like SoftBank, AT&T, Vodafone, Telstra, Chungwa, NTT DoCoMo and others for 5G developments, trials and deployment.
Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the 5G Market: – Verizon Wireless (U.S.), AT&T Inc. (U.S.), LM Ericsson (Sweden), Alcatel-Lucent (France), China Mobile Ltd. (China), Huawei Technologies Co. Ltd. (China), NTT DOCOMO, Inc. (Japan), Vodafone Group PLC (UK), Bharti Airtel Limited (India) among others.
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By application segment, the consumer electronics is expected to dominate the market in the early stages. The study indicates that after the deployment of 5G, automotive and healthcare segments are expected to grow significantly in the 5G market.
By Region, MRFR analysis shows that North America region will account for largest market for 5G in the coming years. It has been observed that countries like Russia, South Korea, Japan, China and United States are expected to deploy 5G very soon and expected to dominate the 5G market.
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For the purpose of this study, the global 5G market has been segmented on the basis of type, technology and end user. The report on 5G contains detailed analysis with market size of each segment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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