Global Next Generation Wireless Communication Market Growth (Status and Outlook) 2024-2030

Global Next Generation Wireless Communication Market Growth (Status and Outlook) 2024-2030

According to this study, the global Next Generation Wireless Communication market size will reach US$ 365480 million by 2030.

Wireless is a unique technology. Despite being over a century old, it continues to improve at an ever-increasing rate. Yet all the past, present and future improvements stem from one underlying process: better engineering leading to more precise use of space and time.

The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.

This report presents a comprehensive overview, market shares, and growth opportunities of Next Generation Wireless Communication market by product type, application, key players and key regions and countries.

Segmentation by product type:
Power Line Communication
Fiber Communication
Others

Segmentation by Application:
Consumer Electronics
Telecommunication
Aerospace & Defence
Retail
Automotive
Healthcare
Others

This report also splits the market by region:
United States
China
Europe
Other regions:
Japan
South Korea
Southeast Asia
Rest of world

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
AT&T
Huawei
Cisco Systems
IBM
NEC
Intel
Netgear
Ericsson
ZTE Corporation
Qualcomm

Please note: The report will take approximately 2 business days to prepare and deliver.