Business

5G Market Outlook 2021: Hidden Trends and Growth Opportunities

5G Market

A latest survey on Global 5G Market () Market is conducted to provide hidden gems performance analysis. The study is a perfect mix of qualitative and quantitative information covering market size breakdown of revenue and volume (if applicable) by important segments. The report bridges the historical data from 2014 to 2019 and forecasted till 2025*. The outbreak of covid-19 in global market haves made companies uncertain about their future secario as the prolonged lock-down finds serious economic slump. Some are the key & emerging players that are part of coverage and have being profiled are China Mobile, Verizon Communications, AT&T, Vodafone, Nippon Telegraph and Telephone, Sprint Corporation, Deutsche Telekom, Telefónica, América Móvil, China Telecommunications Corporation.

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The telecom industry is at a nascent stage in 5G technology development. This disruptive technology holds a promising economic value that can lead to a ‘hyper-connected’ society, where mobile will play a significant role in people’s lives. Since 2012, many government initiatives, along with investments from telecom companies, have shaped the development of 5G. Factors such as rising demand in mobile broadband, the growing use of smartphones, and smart wearable devices, clubbed with surging demand of mobile video adoption, are expected to drive the 5G market during the forecast period.

 

SIM M2M cellular connections segment insights
The 5G network will support promising technological innovations, including the Internet of Things (IoT), outdoor autonomous robots for the agriculture industry, Intelligent Transport Systems (ITS), smart utility grids, drones, and many more connected devices. The penetration M2M devices for industrial use will rise, and it is estimated that there will be around half a billion M2M connections in industries like retail, manufacturing, and energy by 2025. This will largely be driven by automation and artificial intelligence (AI). Thus, global 5G SIM M2M cellular connections are expected to expand at a CAGR of 231%. By 2025, Europe is expected to dominate the market by generating 35% of the total 5G SIM M2M cellular revenue followed by Asia-Pacific and North America.

 

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Regional segment Insights
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America will hold the largest market share of 44% by 2025. Majority of the data consumption will happen through video usage. During 2017-2022, video traffic will grow from 82 EB/year to 731 EB/year at a CAGR of 55%. Media-based companies will develop strategies and business plans in order to generate revenue from this trend. Asia-Pacific will account for the highest number of 5G cellular subscribers by 2025. Though revenue growth in recent times has slowed, this region is expected to show positive commitment in terms of the rapid adoption of IoT in the near future.

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Some extract from Table of Contents
• Overview of Global 5G Market () Market
• 5G Market () Size (Sales Volume) Comparison by Type (2019-2025)
• 5G Market () Size (Consumption) and Market Share Comparison by Application (2019-2025)
• 5G Market () Size (Value) Comparison by Region (2019-2025)
• 5G Market () Sales, Revenue and Growth Rate (2019-2025)
• 5G Market () Competitive Situation and Trends
• Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type • Analyze competitors, including all important parameters of 5G Market ()
• Global 5G Market () Manufacturing Cost Analysis
• Marketing Strategy Analysis, Research Conclusions

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Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

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