Global 5G Technologies Market Expected to Grab Momentum in the Coming Years

Published on : Jul 10, 2018

Albany, New York, July 10, 2018: Mobile technology has advanced significantly in the past few years to benefit mobile users all around the globe. 5G, or the fifth generation of mobile technology is seen as the primary driver for the financial development of the mobile industry. Its applications vary from smart phones supporting augmented and virtual reality capabilities, to IoT devices proficient of massive real-time transactions. In order to understand the overall market for 5G on the global level, a new research study has been included to the wide database managed by Market Research Hub (MRH). This report is titled “Global Markets for 5G Technologies”, which discusses the market sizing and trends analysis for the present year (2018), as well as forecasts and compound annual growth rates (CAGRs) during the period 2018 to 2023. 

As per research findings, the full implementation of 5G is likely to take a minimum of 10 years. Moreover, the challenges posed by industry participants is another factor that might enhance the projected time. In addition, standards within respective technology area within 5G are in search for an agreement as well as technical likelihood validated by mobile operators, hardware and software suppliers. It has been noted that, regulatory regimes that need to report spectrum shortages as well as economic imbalances is assumed to play a major role.

The research starts with the study goals and objectives followed by information sources. The following section deals with the summary and highlights. Based on end-use, the overall market for 5G technologies is bifurcated into enhanced mobile broadband and internet of things. Furthermore, the major applications linked to the global market are mobile operators, enterprises and others. Readers can grab vital information such as market opportunity analysis including ecosystem architecture, service design and ROI impact, network planning and impact together with 5G stakeholders & key strategies. Later, an in-depth analyse of 5G R&D investment merged with limitation of 5G technology and networks is also presented.

The final section of the report discourses the prime players active in the global 5G technologies market. Readers can access company profiles of these players including Apple Inc., AT$T Inc., Arista Networks, Fujitsu, Google Inc., Cisco Systems, Ericsson AB, Intel Corp. and Qualcomm Inc.  Moreover, the availability of tables and figures is a huge add-on since the researched data acquires an illustrative form, making it easy for the readers. New investors can surely make good use of this smart research report, supporting their investments and future prospects.

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