Global 5G Equipment Market to grow at a CAGR of 32.06% during the period 2016 - 2020; Finds New Report

Report forecast the global 5G equipment market to grow at a CAGR of 32.06% during the period 2016-2020.

5G mobile wireless technology is the key component of a connected society. The aim of 5G is to provide ubiquitous connectivity to all connected devices and connected applications. 5G enables real-time and reliable communication for mission-critical applications. 5G wireless technology evolution requires several relevant components such as backhaul integration, device-to-device communication, multi-antenna transmission, and flexible usage spectrum to perform operations at higher frequencies.

The report covers the present scenario and the growth prospects of the global 5G equipment market for 2016-2020. The report has taken into consideration the R&D investments in developing 5G technology from several bodies such as equipment providers, telecom carrier providers, government organizations, and telecommunication unions.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, growth of complementary technologies such as SDN and NFV is a key driver aiding to the growth of this market. By 2020, approximately 2.2 billion mobile connections will be using LTE technology out of the total 8.5 billion mobile connections. This growth in mobile data traffic is driven by an increase in the number of data capable devices and high bandwidth applications. SDN enables new revenue streams to telecom operators by re-examining network architectures, introducing virtualization, and providing intelligence solutions. SDN and NFV provide more flexibility and seamless integration with infrastructure layers. NFV leverages advancements in server virtualization and enterprise IT virtualization whereas, SDN allows logical centralization of control functions. Moreover, SDN and NFV enable telecom carriers to reduce their dependency on hardware-based network equipment by focusing on software and server-based infrastructure, fostering the market for 5G equipment.

Further, the report states that growing security concerns is a major challenge the market is facing. Encryption, authentication, and validation are key techniques that are required to solve security issues. Cloud RAN has to be closely monitored for effective disaster management. Also, the cloud network that is connected to M2M and IoT devices is to be securely monitored to avoid theft of confidential national information. This monitoring involves high OPEX. User equipment, access networks, and mobile core and external IP networks are potential targets in 5G networks that have to be designed effectively to eliminate security threats.

Global 5G Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global 5G equipment market: Ericsson, Huawei Technologies, Nokia, Qualcomm, Samsung, and ZTE.

Other Prominent Vendors in the market are: AT&T, China Mobile, KT, NTT DOCOMO, Orange Business Services, Singtel, SK Telecom, Sprint, Telenor, TeliaSonera, Verizon, and Vodafone.

Market driver

• Increasing demand for network capacity to access connected services
• For a full, detailed list, view our report

Market challenge

• Security concerns
• For a full, detailed list, view our report

Market trend

• Increased need for efficient public safety operations
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 76 pages and 36 Exhibits “Global 5G Equipment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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