Global 5G Enterprise Market 2022-2026

Global 5G Enterprise Market 2022-2026

Technavio has been monitoring the 5G enterprise market and it is poised to grow by $ 71.45 bn during 2022-2026 progressing at a CAGR of 31.55% during the forecast period. Our report on the 5G enterprise market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing R and D and deployment of 5G network, increasing demand for improved network capacity to access connected services, and increasing telecom subscriber base and rapid growth of urban population.

The 5G enterprise market analysis includes service segment and geographic landscape.

Technavio's 5G enterprise market is segmented as below:

By Service

• platform
• software

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• The Middle East and Africa

This study identifies the adoption of 5G networks for smart cities as one of the prime reasons driving the 5G enterprise market growth during the next few years. Also, the growing number of pre-commercial 5G trials and strategic collaboration among market participants will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the 5G enterprise market covers the following areas:

• 5G enterprise market sizing
• 5G enterprise market forecast
• 5G enterprise market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading 5G enterprise market vendors that include AT and T Inc., Cisco Systems Inc., CommScope Holding Co. Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Juniper Networks Inc., NEC Corp., Nokia Corp., Samsung Electronics Co. Ltd., SK Telecom Co. Ltd., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., and ZTE Corp. Also, the 5G enterprise market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Companies Mentioned

AT and T Inc., Cisco Systems Inc., CommScope Holding Co. Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Juniper Networks Inc., NEC Corp., Nokia Corp., Samsung Electronics Co. Ltd., SK Telecom Co. Ltd., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., ZTE Corp.