Published on : Jul 24, 2018
Albany, New York, July 24, 2018: Currently, the fifth generation of mobile technology (5G technology) is likely to supply the demands as well as business frameworks desired by and beyond 2020; however, disruptions are bound to follow. Apart from driving a connected society, the 5G wireless technology is expected to initiate socio-economic transformations via productivity, well-being and sustainability. To study the overall 5G market on the global scale with the regional and company specific analysis, a new research report added to the broad database of Market Research Hub (MRH) can be referred. This research study is titled “Global 5G Market-A USD 251 Bn Opportunity By 2025”, which delivers key insights into the global 5G market focusing on the adoption, trends, and challenges across the present-day telecommunication industry.
As per prime research analytics, mobile 5G is expected to become the next big thing across the global digital connectivity ecosystem. But, mobile 4G LTE is assumed to dominate in terms of volume for the following ten years. According to this report, the global 5G market is projected to expand at a 97% CAGR over a five-year period to reach a revenue mark of USD 251 Bn by 2025. The research report starts with the executive summary that covers knowledge about market segmentation and global 5G depiction landscape. Furthermore, the market overview section discusses the drivers, which are expected to motivate the concerned market in the near future. The main driver of 5G is known to be the ever-increasing demand for improved mobile internet experiences. In addition, it is clubbed with adoption of smartphones among users. Other drivers mentioned in the report include 5G technology addressing rising bandwidth necessities, need for advanced application services, and advanced acceptance of the Internet of Things (IOT).
The following section of the report talks about the regional bifurcation of the global 5G market. Various market regions such as North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are analyzed on the basis of market size, data traffic, market trends, market drivers and market challenges. The report also discourses information about the primary applications associated to 5G market. Internet of Things (IoT), virtual reality, robotics & automation and others, are carefully examined in terms of market size (USD Bn).
The major players operating in the global 5G market are studied in this intelligent report. Some of the renowned players from the target market include names like Verizon Communications, China Mobile, AT&T, Nippon Telegraph and Telephone, Vodafone, Deutsche Telekom, Sprint Corporation, Amrica Mvil, Telefnica and China Telecommunications Corporation.
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