Precise Analysis up to 2025 on Global Market surrounding 5G Technology to Satisfy the Demand of Vertical Industries

Published on : Mar 01, 2017

Albany, New York, March 1, 2017: Today, one of the most advanced technologies which are gaining momentum and also expected to grow rapidly by the vast adoption of internet among people is 5G technology (fifth-generation technology). 5G network is very fast and reliable. The concept of handheld devices is going to be transformed with the advent of 5G. This technology has been focused in a new study added to the enormous repository of Market Research Hub (MRH) and entitled as “5G Technology and the Vertical Industries”. This 93-pages research report studies in depth spending patterns and modernization techniques in several regions of the globe.

This advent has changed the means to use cell phones within the very high bandwidth. The user never ever experienced such a high-value technology. In this study, the report firstly presents the concepts of 5G and the expected technical specifications that will provide new solutions to meet the requirements of vertical industries. The report states that the shift from 4G to 5G will incorporate the emergence of new technologies and approaches to the Internet that will change the way people live, work and play. The new approaches may require collaboration among vertical markets to help the wireless industry recognize the consumer's essentials and develop a technological network that connects people with the services like never before.

These days, mobile users are much aware about the mobile technology. The 5G technologies include all type of unconventional features which makes 5G mobile technology most influential and in huge demand in near future. Besides providing connectivity to billions of devices, future networks must be natively flexible to meet the diverse service requirements of various verticals. Also, as the Internet of Things (IoT) grows, its applications in vertical industries are also increasing. These IoT applications which are reinforced by LTE, are boosting productivity, increasing efficiency and improving customer experience in industries such as manufacturing, transportation, automotive, healthcare, utilities, along with the public sector.

Moreover, the report takes a close look into the selected verticals that are most likely to influence 5G technologies. It further identifies new expected services, requirements and trends for adoption in the above-mentioned industries. Some other vertical applications of the 5G network include Agriculture, Forestry and Environmental monitoring.

The next section of the report covers the detailed market analysis which highlights the major points including the potential for adoption of 5G in verticals, foreseen impacts of 5G adoption and market sizing.

Click here to get more info with TOC in a PDF Format:

Some of the leading companies mentioned in the report are:

  • Huawei
  • Jawbone
  • DHL
  • Cobra
  • Audi
  • ABB
  • Ericsson
  • Fitbit
  • Microsoft
  • Siemens

Finally, the study offers a valuation of the patterns of 5G adoption in vertical markets until the end of the year 2025.

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