Vancouver, BC -- (SBWire) -- 04/12/2021 --The global 5G Networks Market is expected to reach USD 48.44 Billion by 2027, according to a new report by Emergen Research. A rapid escalation in the advancement of the Internet of Things (IoT) appliances and their widespread usage and a consistent upsurge in the volume of online data transfer in connectivity services is anticipated to propel the market growth for 5G network services.
The latest market report offers an in-depth analysis of quantitative and qualitative factors affecting the industry growth. Such elements of the report, along with the growth forecast over the foreseeable future, enable the reader to obtain meaningful insights into the global market.
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Key Highlights From The Report
Mobile Devices is projected to occupy a significant share of the market during the forecast period. The continuous development in the features of smartphones and increasing emphasis on commercially incorporating 5G technology in the functioning of smartphones would open new avenues for the application of the technology.
With an upsurge in the 5G technology, network operators are deploying femtocells inside the buildings. To date, these deployments were limited to places with high subscribers, such as airports, sporting, shopping centers, and railway stations. There is a growing requirement of a specific type of infrastructure in these places to improve network efficiency, to densify it through the usage of small cells.
Software-defined networking (SDN) is designed to make 5G networks more agile and flexible. 5G SDN will provide an intelligent framework for network programmability and for the creation of multiple network hierarchies.
Key participants include Ericsson, Samsung, Cisco, Nokia Networks, Huawei, NEC, Siklu Communication, Commscope, Alpha Networks, and Mavenir, among others.
5G Networks Market Segmentation:
Emergen Research has segmented the global 5G Networks Market on the basis of communication infrastructure, technology, network architecture, end-user, and region:
Communication Infrastructure Outlook (Revenue, USD Billion; 2017-2027)
Small Cell
MicroCell
Femto Cell
Pico Cell
Macro Cell
Technology Outlook (Revenue, USD Billion; 2017-2027)
SDN
NFV
Network Architecture Outlook (Revenue, USD Billion; 2017-2027)
5G NR Non-Standalone (LTE Combined)
5G Standalone (NR + Core)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Commercial
Residential
Government
Industrial
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Additional information offered by the report:
A complete overview of the global 5G Networks market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global 5G Networks market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. 5G Networks Market Segmentation & Impact Analysis
4.1. 5G Networks Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growth in mobile data traffic
4.2.2.2. Low latency in 5G
4.2.3. Market restraints analysis
4.2.3.1. Delay in Standardization of Spectrum Allocation
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. 5G Networks Market By Communication Infrastructure Insights & Trends, Revenue (USD Million)
5.1. Communication Infrastructure Dynamics & Market Share, 2019 & 2027
5.1.1. Small Cell
5.1.1.1. Micro Cell
5.1.1.2. FemtoCell
5.1.1.3. Pico Cell
5.1.2. Macro Cell (5G Radio Base Station)
CONTINUED..!!
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5G Networks Market Size, Share, Top Key Players, Growth, Drivers, Research Methodology and Forecast Till 2027
Surging demand to lessen the latency time in online connectivity services, as well as the prerequisite of a consistent network service in this age of communication, is driving the demand.