SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

5G Technology Market 2018 Global Share, Trend, Segmentation and Forecast to 2023
[January 17, 2019]

5G Technology Market 2018 Global Share, Trend, Segmentation and Forecast to 2023


Market Highlights: The global 5G technology market is expected to be highly competitive owing to the presence of a large number of small and big domestic and global players who are marking their presence in the 5G technology market. Rapid advancements in technology in the field of sensors and semiconductors are all expected to drive the growth of 5G technology market. Steep increase in the development of 5G infrastructure is another major factor contributing to the growth of 5G technology market.



5G is the up-coming fifth-generation wireless broadband technology which is based on the IEEE 802.11ac standard. 5G connectivity is going to provide better speeds and coverage than other connectivity. The technology operates with a 5 GHz signal and offers a speed up to 1GB per second. The signal technology also provides better coverage and signaling efficiency. The 5G technology is expected to launch by 2020.

The factors contributing to the growth of the 5G technology are the shift toward new broadband technology, growing demand for high data speed, huge network coverage, and stable growth in the mobile data traffic, increasing demand for machine-to- machine communication in organizations and the increasing demand for broadband services over other mobile networks. The continuous demand from subscribers for better mobile broadband experiences is encouraging the growth of the 5G technology market. The market is expected to grow at a fast pace in 2020.


Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2988 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 TeleSystems (MTS) (Russia), • AT&T Inc. (U.S.) • Cisco Systems, Inc (U.S.) Telstra (Australia), TeliaSonera (Sweden), Telefónica (Spain), Vodafone Group (U.K.), Singtel (Singapore), China Unicom (China), and Deutsche Telekom (Germany) among other are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global 5G Technology Market.

Other players in the market include China Mobile (China), Korea Telecom (South Korea), Nokia Networks (Finland), Samsung (South Korea), Turkcell (Turkey), SoftBank (Japan), NEC Corporation (Japan), Huawei (China), Verizon (U.S.), AT&T (U.S.), T-Mobile USA, Inc., LG (South Korea), and China Mobile (China).

According to MRFR, The global 5G Technology Market is expected to reach approximately USD 73 million by the end of 2023 with 21% CAGR during forecast period 2017-2023.

Industry/ Innovation/ Related News: December 21, 2018 – Nokia Corporation (Finland), a multinational telecommunications, information technology, and consumer electronics company and Ooredoo QSC (Qatar), an international telecommunications company announced their collaboration to set up the first 5G-ready Technology Centre in Myanmar.

The Nokia Technology Centre is equipped with end-to-end radio, any haul transport, and a core network solution supporting the latest 5G technology in addition to 4G/3G/2G.

Competitive Analysis The highly competitive global 5G Technology market appears to be fragmented characterized by the well-established players with their strong presence in the international market adorn alongside the small-scale players and new entrants forming a competitive landscape in the market.

Key players operating in the market are investing substantially in transforming the consumer and business landscape in the future. Matured players incorporate strategic initiatives such as collaboration, partnership, acquisition, product & technology launch, and expansion to gain a competitive edge staying ahead in this market.

Regional Analysis North America region dominates the global 5G technology market with the largest share owing to the increasing number of subscribers and assessment of the allocation of 5G frequencies by the Federal Communications Commission (FCC). Moreover, the rise in application areas of this technology coupled with its large-scale adoption in telecommunications is driving the market in this region. The US leads the regional market, backed by the high per capita income.

The 5G technology market in the European region is flourishing mainly due to the proliferation of smartphones led by the resurging economy in the region. Also, the growing investments in the development of technology are paying off well driving the growth of the regional market. Also, the presence of prominent players and the investments made by them in R&D activities, in turn, foster the growth of the market to an extent.

The Asia Pacific region is growing steadily, emerging as a promising market. Factors such as the technical expertise rendered by the existing key players coupled with increased industrialization are driving the growth of the regional market. Moreover, the rising demand for technology in emerging countries such as China, Taiwan, and India is propelling the 5G technology market in the APAC. Also, factors such as large consumer base and ongoing initiatives and developments on 5G technology act as a tailwind pushing the growth of the regional market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/5g-technology-market-2988 Intended Audience: • Device manufacturers • Network Operators • Distributors • Suppliers • Research firms • Software Developers • Commercial Banks • Vendors • Semiconductor Manufacturers • End-user sectors • Technology Investors LIST OF TABLES TABLE 1 5G TECHNOLOGY MARKET, BY USABILITY TABLE 2 5G TECHNOLOGY MARKET, BY TECHNOLOGY TABLE 3 5G TECHNOLOGY MARKET, BY APPLICATION TABLE 4 5G TECHNOLOGY MARKET, BY GEOGRAPHY TABLE 5 NORTH AMERICA 5G TECHNOLOGY MARKET, BY USABILITY TABLE 6 NORTH AMERICA 5G TECHNOLOGY MARKET, BY TECHNOLOGY TABLE 7 NORTH AMERICA 5G TECHNOLOGY MARKET, BY TECHNOLOGY TABLE 8 U.S 5G TECHNOLOGY MARKET, BY USABILITY TABLE 9 U.S. 5G TECHNOLOGY MARKET, BY TECHNOLOGY Continued…...

LIST OF FIGURES FIGURE 1 RESEARCH METHODOLOGY FIGURE 2 5G TECHNOLOGY MARKET, BY USABILITY (%) FIGURE 3 5G TECHNOLOGY MARKET, BY TECHNOLOGY (%) FIGURE 4 5G TECHNOLOGY MARKET, BY APPLICATION (%) FIGURE 5 5G TECHNOLOGY MARKET, BY REGIONS (%) FIGURE 6 NORTH AMERICA 5G TECHNOLOGY MARKET, BY USABILITY (%) Continued….

For More Information Visit @ https://www.marketwatch.com/press-release/5g-technology-market-2018-global-industry-analysis-by-size-share-growth-factors-competitive-landscape-with-regional-forecast-to-2023-2018-12-14 https://www.marketwatch.com/press-release/5g-technology-market-2019-share-size-key-company-recent-trends-segmentation-and-regional-forecast-till-2023-2019-01-08 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.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments.


[ Back To TMCnet.com's Homepage ]









Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2019 Technology Marketing Corporation. All rights reserved | Privacy Policy