5G Market May Set a New Growth Story in Asia-Pacific

Edison, NJ -- (SBWire) -- 05/12/2021 --HTF Market Intelligence released a new research Study of 90 pages on title 'Asia-Pacific 5G Market (2020-2025) 'with in-depth analysis, forecast and business moves. The study covers key regions that includes North America, Africa, Europe or Southeast Asia or Just Eastern Asia and important players such as NTT Communications, SK Telecom, Tata Communications, China Mobile, and CSL.

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Summary
Asia-Pacific 5G Market

The fifth generation of mobile technology (5G technology) is expected to cater to the demand and provide the business frameworks needed by and beyond 2020. In addition to driving a connected society, 5G wireless technology will bring about socio-economic transformations through productivity, sustainability and well-being. Mobile 5G seems to be the next big thing in the global digital connectivity ecosystem. The Asia-Pacific 5G market is anticipated to expand at an overall compound annual growth rate (CAGR) of 166% and will be worth of USD 64.22 Bn by 2025.

A recent study stated that the Asia-Pacific market would lead the commercial deployment of 5G services. About 28% of mobile operator is expected to offer 5G by 2020, and 71% of MNOs are already engaged in 5G planning and are expected to offer 5G services before 2024. Low TCO is the one of the key drivers propelling the 5G market.

The Asia-Pacific 5G market is classified into SIM cellular connections and SIM M2M cellular connections. This is further divided into data per user, and 5G data traffic for each category. In the Asia-pacific SIM cellular connections hold more than 90% of the market share, whereas SIM M2M cellular connections are anticipated to show a grow rate that is close to 200%. SIM cellular connections, is expected to increase to 29GB from 2019 to 2021 and from 2022 a peak in traffic is expected and hence forth we have assumed constant usage. On the other hand, for SIM M2M cellular connections, 5G data usage per month per user will be around 3.3GB in 2019 and is expected to grow at an increasing rate.

Based on region, the Asia-Pacific 5G market is classified into China, Japan, India, South Korea, and the rest of APAC. China is expected to hold a significant market share and it is expected to have more than 400 Mn connections by 2025. This may be because of large economies of scale that will reduce the prices of 5G device.

Key growth factors:

o The major growth factors of the Asia-Pacific 5G market are continuous evolution towards enhanced bandwidth, lower latency, enhanced security and openness of mobile networks
o Rapid Population Penetration: Considering the growing global smartphone and mobile internet adoption, mobile internet penetration in the Asia-Pacific region has doubled over the last five years, reaching just half of the population by the end of 2016. This means that the future scope is immense considering the present scenario

Threats and key players:

o The region faces growth challenges, such as regulatory pressure, and launch of new operators
o The key players in this market are NTT Communications, SK Telecom, Tata Communications, China Mobile, and CSL

What's covered in the report?

1. Overview of the Asia-Pacific 5G market
2. The forecasted market size data of the Asia-Pacific 5G market
3. The forecasted market size for the segments of SIM cellular connections and SIM 2M cellular connections, and each segment's data usage (GB/month) and data traffic (EB/year)
4. The forecasted market size of the 5G market based on applications: Internet of Things, Robotics & Automation, Virtual Reality, and Other
5. Market trends in the Asia-Pacific 5G market
6. Market drivers and challenges in the Asia-Pacific 5G market
7. Current and forecasted market size data based on countries – China, Japan, India, South Korea, and the rest of the APAC region
8. Analysis of company profiles of the major players operating in the market

Why buy?

1. Get a broad understanding of the Asia-Pacific 5G market and its segments, based on countries and applications
2. Get region-specific drivers and challenges affecting the Asia-Pacific 5G market
3. Recognize significant competitors' business and market dynamics, and respond accordingly

Customizations Available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at craig.francis@htfmarketreport.com.

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Chapter 1: Executive Summary
a. Market segmentation
b. Key questions answered in this study
c. Executive summary
d. Telecommunication industry evolution
e. Global 5G overview- 2025- 5G SIM cellular connections, 5G SIM M2M cellular connections, 5G traffic

Chapter 2: Asia-Pacific 5G market
a. Market overview- Key observations, forecasted market size (2020-2025) (USD Mn)
b. Market drivers
c. Market trends

Chapter 3: Asia-Pacific 5G market - SIM cellular connections
a. SIM Cellular connections- 5G SIM Cellular Connections (2020-2025) (Mn), 4G, 3G, and 2G SIM cellular connections (2016-2025) (Mn), key observations
b. Data Usage by SIM cellular connections- Data Usage (GB/month), key observatio

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/3249709-asia-pacific-5g-market-1

Reasons to Purchase this Report:
* Asia-Pacific 5G Market Analysing the outlook of the market with the recent trends and SWOT analysis * Asia-Pacific 5G Market dynamics scenario, along with growth opportunities of the market in the years to come
* Asia-Pacific 5G Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects * Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Asia-Pacific 5G Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Africa, Europe or Southeast Asia or Just Eastern Asia.