5G Technology Market and Its Impact on Communication and IoT Market (R&D Spending, Technology Requirements, Future Roadmap, Key Strategies, Application Trends)

North America would be the early adopter of 5G technology. The countries that are expected to be the early adopters of 5G technology are the U.S., Japan, South Korea, and China. In North America, the U.S. is leading the race in the advancements in mobile technologies, ranging from analog to 4G and now in the 5G technology. The U.S. remains a strong player in the vision and R&D of 5G by ensuring it meets the requirements of the North America’s marketplace. Government and private investments in R&D for 5G has been significantly increasing since 2010 to ensure the deployment of 5G technology by 2020. The U.S.-based carriers such as AT&T and Verizon have announced trials and early deployments of 5G technologies, thereby demonstrating a commitment to 5G leadership. Complete report on “5G Technology Market” spread across 164 pages, profiling 15 companies and supported with 04 tables and 94 figures is now available at http://www.rnrmarketresearch.com/5g-technology-market-and-its-impact-on-communication-and-iot-market-r-d-spending-and-trial-investments-technology-requirements-future-roadmap-spectrum-consideration-key-strategies-regulatory-landscape-and-app-analysis-market-report.html .

The total number of mobile (cellular) subscriptions for 5G technology is forecast to reach 89.0 million by 2022 from 35.0 million by 2021 driven by rising demand for high data speed and large network coverage, significant growth in the mobile data traffic, growing machine-to-machine communication in organizations and need to support the increasing demand for broadband services over mobile networks.

The key players in the 5G technology market include Cisco (U.S.), Ericsson (Sweden), SK Telecom (South Korea), Korea Telecom (South Korea), Nokia Networks (Finland), Samsung (South Korea), Qualcomm (U.S.), Intel (U.S.), NEC Corporation (Japan), Huawei (China), Verizon (U.S.), AT&T (U.S.), T-Mobile USA, Inc., LG (South Korea), and China Mobile (China).

This research study is obliging for following audience:

1. Infrastructure vendors
2. Device manufacturers
3. Network operators
4. Technology investors
5. Commercial banks
6. Research organizations, universities, and consulting companies
7. Cellular technology-related associations, organizations, forums, and alliances
8. Integrated device manufacturers (IDMs)
9. Technology, service, and solution providers
10. Suppliers and distributors
11. Intellectual property (IP) core and licensing providers
12. System integrators and device manufacturers
13. Middleware providers
14. Government and other regulatory bodies
15. Technology investors
16. Market research and consulting firms

From an insight perspective, this research report has focused on various levels of analysis including industry analysis (industry trends), value chain analysis, R&D investments analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the 5G technology market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The applications such as virtual reality, autonomous driving, ultra-high-definition video streaming, and 4K video streaming would be highly benefited with 5G. 5G is seen as a revolutionary technology for all sectors, which would enable higher connectivity among devices and fast data transfer rate. A number of applications can be identified where current wireless network technologies struggle to meet the requirements such as vehicle-to-vehicle (V2V), vehicle-to-infrastructure (V2I), industrial automation and utility applications, wireless health services, some smart city applications, and various other uses of mobile broadband. Though 5G would have high penetration across all sectors, the major verticals that would adopt 5G-based applications include automotive, energy & utilities, healthcare, industrial automation, intelligent buildings & infrastructures, public safety & surveillance, retail, consumer electronics, and home automation. Make an Inquiry on “5G Technology Market and Its Impact on Communication and IoT Market (R&D Spending and Trial Investments, Technology Requirements, Future Roadmap, Spectrum Consideration, Key Strategies, Regulatory Landscape, and Application Trends & Geographical Analysis)” research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=668811 .

In the process of determining and verifying, the 5G technology market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (45%), Tier 2 (33%) and Tier 3 (22%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (42%), Director Level (33%) and others (25%) from various key organizations operating in the 5G technology market. The primary interviews were conducted worldwide covering regions such as Americas (39%), Europe (25%), Asia-Pacific (29%) and RoW (7%).

On a related note, another research titled Millimeter Wave Technology Market Global Forecast to 2022 says, the global market for millimeter wave technology is expected to grow at a CAGR of 42.99% between 2016 and 2022 to reach USD 4,632.8 million by 2022 from USD 346.8 million in 2015. The market for the telecommunication sector is expected to grow at a high rate during the forecast period. The millimeter wave technology market in RoW and APAC is expected to witness a high growth rate during the forecast period due to the expected developments in the telecom infrastructure and the commercialization of the next-generation (5G) technology by 2020. Companies such as Bridge Wave Communications (U.S.), E-Band Communications, LLC (U.S.), Siklu Communication Ltd. (Israel), SAGE Millimeter, Inc. (U.S.), Key sight Technologies (U.S.), Millitech Inc. (U.S.), NEC Corporation (Japan), Trex Enterprises Corporation (U.S.), Light Pointe Communications, Inc (U.S.), and Farran technology Ltd. (Ireland) have been profiled in this 147 pages research report available at http://www.rnrmarketresearch.com/millimeter-wave-mm-wave-market-by-technology-components-frequency-imaging-radio-products-mm-scanners-mm-radars-mm-macrosmall-cell-backhaul-applications-telecommunication-healthcare-market-report.html .

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