Global 5G Technology Market is expected to reach USD 73 Million by Forecast to 2023


Posted June 1, 2017 by Son1ane

Global 5G Technology Market, By Usability (Enhanced Mobile Broadband, Massive Internet of Things) - Forecast 2023

 
Market Highlights:
The increasing high speed and large network coverage demand from various applications such as gaming, driving and video conferencing among others is expected to boost the 5G technology market growth. It is expected to enhance the mobile network performance capabilities which in turn is expected to boost the 5G technology market. Also, the increasing adoption of mobile broadband and the increasing need for data transfer by less power consumption is expected to boost the market.

The features offered by 5G Technology Market comprises of large bandwidth, high resolution, detailed traffic statistics, and supervision tools for quick action is expected to boost the 5G technology market over the next few years. The market is expected to grow from 2020.

Major Key Players:
• Huawei Technologies Co. Ltd. (China)
• Nokia Networks (Finland)
• NEC Corporation (Japan)
• Ericsson (Sweden)
• Qualcomm (U.S.)
• Verizon Fios (U.S.)
• Orange (France),
• Broadcom Corporation (U.S.)
• Mobile Tele Systems (MTS) (Russia)
• AT&T Inc. (U.S.)
• Cisco Systems, Inc (U.S.)

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Global 5G Technology Market:
According to Market Research Future, market has been segmented into usability, technology, applications and region.

On the basis of technology, the market has been segmented into Radio Access Technologies (RAT), Wi-Fi, High-Speed Package Access (HSPA), Global System for Mobile (GSM), Worldwide Interoperability for Microwave Access (WiMAX).

Segments:
For the purpose of this study, Market Research Future has segmented the market of 5G technology into usability, application and region.

Usability
• Enhanced Mobile Broadband
• Massive Internet of Things
• Mission Critical Services

Technology
• Radio Access Technologies (RAT)
• Wi-Fi
• High-Speed Package Access (HSPA)
• Global System for Mobile (GSM)
• Worldwide Interoperability for Microwave Access (WiMAX).

Application
• Healthcare
• Consumer Electronics
• Retail
• Home Automation
• Energy & Utility
• Automotive
• Industrial Automation
• Intelligent Buildings and Infrastructure
• Public Safety & Surveillance

Region
• North-America
• Europe
• Asia-Pacific
• RoW

Regional Analysis:
Regionally, North-America accounted for the largest market share from countries such U.S. among others. The region is attributed to the increasing number of subscribers and also the Federal Communications Commission has already begun its assessment of the allocation of 5G frequencies.

However, Asia-Pacific region is expected to grow over the forecast period, 2017-2023. The reason is attributed to large consumer base and ongoing initiatives and developments on 5G technology.

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Intended Audience:
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors

About Market Research Future:
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.

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Market Research Future
Market Research Future
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Issued By Market Research Future
Country India
Categories Business , Computers , Technology
Tags 5g technology market forecast , 5g technology market growth , 5g technology market size , global 5g technology market
Last Updated June 1, 2017