5G network infrastructure market to be $28 Billion in annual spending by 2025
MRC announces an addition of a new study based research on the market condition of the 5G wireless ecosystem to their suite of offerings. It provides a comprehensive analysis of the emerging 5G wireless ecosystem with thorough details about various crucial factors that impact the market growth like market drivers, impediments, trends and technologies, operator strategies, vertical market applications, spectrum bands, and wireless carrier installation commitments. In addition to this, the report also includes projections each for 5G wireless system subscriptions and investments.
Considering the surge in use of technology, and mobile usage, the 5G wireless ecosystem is a pioneering paradigm shift in wireless networking to reinforce the latency, output, and scalability needs for potential use like connectivity management for billions of M2M (Machine to Machine) devices and intense bandwidth amplified reality applications.
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The 5G wireless ecosystem industry is expected to exhibit growth in the near future owing to the initiatives taken by national, regional governments, as well as network providers and wireless carriers. Mobile operators and vendors have already started focusing on research and development of 5G. This next evolution is mobile networking which is likely to offer a sole network surrounding to offer mobile broadband and IoT services as well as innovative additions of cloud robotics, self-driving cars, remote surgery, 3D holographic telepresence and lots more.
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Though the 3GPP and other Standards Development Organizations (SDOs) are engaged in defining the 1st phase of 5G specifications, there is a rush in mobile operators to be the first to offer 5G services. Pre-standards 5G network rollouts are already in progress, most remarkably in the South Korea and the United States. Pre-standards 5G network investments are projected to surpass $250 Million by the end of 2017.
The 363-page research report is aided with a datasheet suite offering quantitative data from all numeric estimations covered in the report. This report offers an in-depth evaluation of the 5G wireless ecosystem industry spread across various geographical markets and sub-segments including Latin and Central America, North America, Western Europe, Eastern Europe, APAC, and Africa and the Middle East.
- In-depth overview of parent market
- Changing market dynamics of the 5G wireless ecosystem industry
- Detailed market segmentation on the basis of application, geography, and region
- Current Industry scenario, trends, technologies and development
- Historical data and market size estimation in terms of value and volume
- Competitive scenario and profiles of key market participants,
- Business strategies and product offerings
- Potential and niche regions and segments exhibiting growth prospects for the predicted time frame
This study based research report provides detailed discussions on 5G New Radio (NR) and Next Generation (NextGen) system architecture, along with 5G requirements and usage scenarios. It also throws light on the key enabling technologies like higher frequency radio access, air interface design, flexible duplex schemes, advanced antenna systems, dynamic spectrum access, D2D (Device-to-Device) connectivity, self-backhauling and network slicing. The report also features competitive assessment of vendor strategies and includes the review of investments in R&D and pre-standards 5Gnetworks forecasts till 2030.