5G technology stands for 5th generation technology which offers very high bandwidth to mobile and advanced features. 5G technology is highly endurable to WWWW (Wireless World Wide Web). It is completely a wireless system, which was started from late 2010. 5G technology is going to be a huge revolution in mobile market.
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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 used in different application areas such as autonomous driving, distant learning, multi-user gaming, video conferencing, telemedicine etc. This has fueled the growth of global 5G technology market.
The global 5G technology market is segmented on the basis of technology, application and region. Based on 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).
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The report provides a comprehensive view on the 5G technology market we have included a detailed company market share analysis, product portfolio of the major industry participants. To understand the competitive landscape in 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 based on their market size, growth rate and general attractiveness.
Application segments have been analyzed based on historic, present, and future trends, and 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 application segments of 5G technology market.
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Major regional segments analyzed in 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 in 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..
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This report segments the global 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
- Retail sector
- Healthcare sector
- Defense and Military
- Individual user
Global 5G Technology Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa