ProSe (Proximity Services) for LTE and 5G Networks Target Market Analysis Report 2017-2030

Industry Overview

This Report presents an overview of the ProSe (Proximity Services) for LTE & 5G Networks Market. It gives a detailed analysis of the different market segments. The data provided facilitates and provides a forecast by segmenting the market geographically, according to the different characteristics and different manufacturers.

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First introduced in Release 12 of the 3GPP specifications, ProSe (Proximity Services) is a D2D (Device-to-Device) technology that allows LTE devices to detect each other and to communicate directly. It relies on multiple enhancements to existing LTE standards including new functional elements and a "sidelink" air interface for direct connectivity between devices.

Key Regions for ProSe (Proximity Services) for LTE & 5G Networks Industry are:

Asia Pacific
Eastern Europe
Middle East & Africa
Latin & Central America
North America
Western Europe

In comparison to existing D2D and proximity networking technologies, ProSe offers several distinct benefits including but not limited to better scalability, manageability, privacy, security and battery-efficiency. At present, efforts to commercialize ProSe are being spearheaded by the public safety and critical communications sector, amid the ongoing transition from legacy LMR (Land Mobile Radio) systems to LTE networks. 

ProSe Based Mobile Operator Service Revenue
Submarkets
Advertising
Social Networking
V2X Connectivity
Public Safety & Critical Communications
Other Applications

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Although initial investments in ProSe-enabled devices will be driven by the public safety and critical communications sector, there also exists a much larger opportunity in the commercial arena. Mobile operators can leverage ProSe to offer a range of B2B, B2B2C and B2C services that rely on proximity, including advertising, social networking, gaming, relaying traffic for wearables and V2X (Vehicle-to-Everything) connectivity. 

By the end of 2025, SNS Research estimates that mobile operators can pocket as much $17 Billion in ProSe based annual service revenue. Up to 55% of this revenue figure will be attributable to proximity advertising.

Forecast Segmentation
Market forecasts are provided for each of the following submarkets and their subcategories:

ProSe Device Shipments & Revenue
Submarkets
Public Safety & Critical Communications
Commercial Sector

Form Factor Segmentation 
Smartphones
Tablets
Wearables
Vehicle Mount Devices
V2X Devices
Other Devices

The "ProSe (Proximity Services) for LTE & 5G Networks: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the ProSe market including enabling technologies, key trends, market drivers, challenges, standardization, use cases, applications, business models, pre-commercial case studies, opportunities, future roadmap, value chain and strategic recommendations. The report also presents forecasts for ProSe-enabled device shipments and ProSe based mobile operator service revenue from 2018 till 2030. The forecasts cover multiple submarkets and 6 regions.

ProSe Based Mobile Operator Service Revenue
Submarkets
Advertising
Social Networking
V2X Connectivity
Public Safety & Critical Communications
Other Applications

The above ProSe (Proximity Services) for LTE & 5G Networks Market Report can be customized according to your needs.

We at Reports Monitor provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide, backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.

Reasons for Buying this ProSe (Proximity Services) for LTE & 5G Networks Market Report:

It helps the organizations make informed business decisions by having know-how of the prevailing business environment within the ProSe (Proximity Services) for LTE & 5G Networks Market.

Organizations can make informed decisions about the projected sales performance and the various supplier prices.

It will help in improving the operational efficiency by knowing about the key priorities and the major ProSe (Proximity Services) for LTE & 5G Networks Market executives.

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