5G Strategy, Planning, Implementation, Optimization and Market Outlook and Forecasts 2022 – 2030
This report evaluates the market for 5G strategy, planning, implementation and ongoing optimization. It also assesses the market for 5G based apps, services and solutions for consumer, enterprise, industrial and government segments. It provides analysis by major solution categories such as private networks, robotics, enterprise automation, virtual reality, gaming and more. The report includes detailed forecasts from 2022 through 2030.
Select Report Findings:
The overall 5G technology, solution, and service market is poised to reach USD $1.89 trillion by 2030
A major growth area for 5G, CPE devices will grow at 33.2% CAGR during the period, challenging wired access
5G technology solutions will the highest growth opportunity including connectivity, communication, and networking
The path to 5G lies with the evolution of the spectrum from 4G to 4.5G to 4.9G and careful planning and implementation of business models focused upon new and enhanced services. The improvement of existing 4G/LTE infrastructure has made the network ready for wider deployment of 5G in terms of network and service design.
5G is significantly faster than 4G LTE, with much lower latency, due to faster overall throughput. However, there are many challenges including the fact that the new radio component via millimeter wave (mmWave) RF has a high degree of attenuation (loss over the air and when hitting solid objects).
Therefore, the industry needs to deploy smart antennas (with beamforming and MIMO). Also, the higher frequency mmWave RF is line of sight based because of the high degree of fading. Because of all of the aforementioned, there must also be many more cell sites deployed than ever before – like a factor of 10X or more. For these and other reasons, there is a need for careful planning for 5G implementation and ongoing optimization.
The business market for 5G will be a major growth area. The vast majority of 5G service provider profits will result from the business market rather than the consumer segment. The latter will generate additional revenues, but margins will be very thin as compared to business segments including enterprise, industrial, and government sectors.
Accordingly, the business to business (B2B) market is viewed as significantly more attractive than the business to consumer (B2C) market for 5G by Mind Commerce. We see the 5G business services market developing as communication service providers offer both B2B direct as well as B2B to business (B2B2B) through third party channels. As the B2B market has more stringent service expectations than B2C, there is a requirement for careful planning, implementation and ongoing optimization.
Companies in Report:
Affirmed Networks
Airlinq
Airspan
Airtel
Alibaba
Analog Devices Inc.
Apple
AT&T
Bell Canada
Broadcom Corporation
BT Group
Celona
China Mobile
China Telecom
Ciena Corporation
Cisco Systems
Deutsche Telekom AG
Ericsson
Etisalat
Extreme Networks
Facebook
Fujitsu Ltd.
Gemalto
Google
HMD Global
HPE
HTC
Huawei Technologies
Intel Corporation
Juniper Network Inc.
KDDI Corporation
Keysight Technologies
KT Corporation
LG Electronics
MACOM Technology
Marvell
MediaTek Inc.
Microsoft
Motorola
MTN Group
NEC Corporation
Netgear
Nokia Network
NTT DoCoMo
Oracle Corporation
Orange SA
Qorvo Inc.
Qualcomm
Rakuten Mobile
Reliance Jio Infocomm Limited
Ribbon Communications
Rogers Communications
Samsung Electronics
Sierra Wireless
SingTel
SK Telecom
Softbank Group
Sony
Spirent Communications
Sprint Corporation
STC (Saudi Telecom Company)
Swisscom
Telefonica
Telenor
Telit Communications
Telstra
Telus Communication
TIM (Telecom Italia)
T-Mobile USA
US Mobile
Verizon Wireless
VMware Inc.
Vodafone Group
Xiaomi
ZTE Corporation
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