5G Equipment Market Global Industry Size, Share, Trends, COVID-19 Analysis and Technology Advancements


Posted October 4, 2021 by Absolute

5G Equipment Market Global Industry Size, Share, Trends, COVID-19 Analysis and Technology Advancements
 
The 5G Equipment Market Report study explains all important statistics such as market size, development plans, and growth trajectories. Key Investment Casting Provides in-depth information on market participants, product portfolio, market share and capacity. Global 5G Equipment Market was valued at US$ 368.31 Million in 2017 and is expected to reach US$ 5983.04 Million by 2022.

Top Key Players: Analog Devices, KT Corp., AT&T, China Mobile Ltd., NTT DOCOMO, Cisco, Ericsson, Vodafone, Huawei Technologies, Intel, NEC Corporation, Qualcomm, Nokia, Orange Business Services, Samsung, Fujitsu, Singtel, SK Telecom, Telenor, Verizon, and ZTE among others.

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The 5G technology enables reliable communication for critical applications, such as in medical treatment of patients, it assists in imaging, diagnostics, and treatment, thereby providing quality care; resource management; transportation; and agriculture. This technology is a main component for a connected society, requiring a number of components such as device-to-device integration, multi-antenna transmission, and flexible user spectrum to perform operations at a higher frequency and backhaul integration.

Increase in use of tablets and smartphones, growth in demand for network capacity to access connected services, and rise in demand for managing network capabilities to provide strong connectivity solutions for smart applications drive the 5G equipment market. However, surge in security concerns and increase in security by means of validation, encryption, and authentication further increases the operational expenses, thereby restraining the market growth. Furthermore, NFV and SDN enable telecom carriers to minimize their dependency on hardware network equipment and shift their focus on server-based infrastructure, presenting a major opportunity for the market.

5G Equipment Market – By Type

Technology
Software-Defined Networking
Mobile Edge Computing
Network Functions Virtualization
Component
Cables & Connector
Router
Wireless Access Point
Hardware Firewall
Infrastructure
Radio Access Network
Macro Cell
Small Cell

5G Equipment Market – By Application

Intelligent Buildings & Infrastructures
Public Safety & Surveillance
Industrial Automation
Automotive
Energy & Utilities
Healthcare
Retail
Consumer Electronics

5G Equipment Market – By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Issued By AMI
Country India
Categories Blogging , Research
Tags 5g equipment , 5g equipment market
Last Updated October 4, 2021