The Global 5G Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of 96.2% by 2025. The main driver of 5G is the ever increasing demand for an enhanced mobile internet experience, clubbed with smartphone adoption among users.
The massive consumer demand for high speed data connectivity, across developed as well as developing countries across the worldwide, the increased production of mobile and connected devices across a number of industries, and rapid technological advancements in the field of sensors and semiconductors are all conducive for the 5G technology market.
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Looking at the immense growth prospects that the market is anticipated to witness in the coming years, a large number of companies are entering into the field. 5G technology will address rising bandwidth requirements, demand for advanced application services and improved acceptance of the Internet of Things (IOT).
North America is anticipated to grow at the fastest growth rate, due to its dominance via sustainable and well established economies, which enable it to invest heavily in Research and R&D activities. Due to the rising adoption of new technologies, such as IoT and smart cities, and increasing need for high-speed internet connectivity, telecom service providers have started trials and tests for 5G services.
Some of the key players operating in this market include China Mobile, Verizon Communications, AT&T, Vodafone, Nippon Telegraph and Telephone, Sprint Corporation, Deutsche Telekom, Telefónica, América Móvil, China Telecommunications Corporation, and among others.
Key benefits of the report:
Global 5G Industry is spread across 121 pages, profiling 10 top companies and supported with tables and figures.
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Target Audience:
* solution providers
* Platform providers
* Cloud service providers
* AI system providers
* Investors and venture capitalist
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity Production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 5g Market — Industry Outlook
4 5g Market Technology Outlook
5 5g Market Application Outlook
6 5g Market Regional Outlook
7 Competitive Landscape
End Of The Report
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