5G technology stands for 5th generation technology which offers very high bandwidth to mobile and advanced features. 5G technology is very endurable to WWWW (Wireless World Wide Web). it’s completely a wireless system, which was started from late 2010. 5G technology goes to be an enormous revolution in mobile market.
The 5G technology market mainly is driven by the growing demand for advanced smart-phones, tablets and other mobile devices. Increased adoption of mobile broadband and growing machine-to-machine communications in organizations are another key factor to drive the 5G technology market. 5G technology is widely utilized in different application areas like autonomous driving, distant learning, multi-user gaming, video conferencing, telemedicine etc. This has fueled the expansion of the worldwide 5G technology market.
The global 5G technology market is segmented on the idea of technology, application and region. supported different technologies, market is segmented as Wi-Fi, RAT (radio access technologies), WiMAX (worldwide interoperability for microwave access), HSPA (high-speed package access), GSM (global system for mobile).
The report provides a comprehensive view on the 5G technology market we’ve included an in depth company market share analysis, product portfolio of the main industry participants. to know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the 5G technology market has also been included. The study encompasses a market attractiveness analysis, wherein application segments are benchmarked supported their market size, rate of growth and general attractiveness.
Application segments are analyzed supported historic, present, and future trends, and therefore the market has been estimated from 2015 to 2020 in terms of revenue (USD Million). Government and utilities, retail sector, healthcare sector, offices, defense & military and individual users are the appliance segments of 5G technology market.
Major regional segments analyzed during this study include North America, Europe, Asia Pacific, Latin America , and Middle East & Africa. This report also provides further bifurcation of region on the country level. Major countries analyzed during this reports are U.S., Germany, France, UK, China, Japan, India, and Brazil.
Some of the key players for global 5G technology market includes Alcatel-Lucent S.A., Aalborg University, Deutsche Telekom AG, Aalto University, BMW Group Research and Technology, Orange S.A., Chalmers University of Technology, Fraunhofer-Gesellschaft, Qualcomm Inc., NTT DOCOMO Inc., Ericsson (Telefonaktiebolaget L. M. Ericsson), Huawei Technologies Co. Ltd. and KTH – Royal Institute of Technology..
This report segments the worldwide 5G technology market as follows:
Global 5G Technology Market: Technology Segment Analysis
RAT (radio access technologies)
WiMAX (worldwide interoperability for microwave access)
HSPA (high speed package access)
GSM (global system for mobile)
Global 5G Technology Market: Application Segment Analysis
Government and utilities
Defense and Military