5G is the fifth generation of wireless technology. That means quicker downloads, much lower lag, and a significant impact on how we live, work and play. The connectivity benefits of 5G are expected to make businesses more efficient and give consumers access to more information faster than ever before. The global 5G Technology market is expected to rise at significant rate in the forecast period.
The huge consumer demand for high-speed data connectivity, across developed as well as developing countries across the globe, the increased proliferation of mobile and connected devices across several industries, and rapid technological advancements in the field of sensors and semiconductors are crucial factors that remarkably contribute to the wide expanse of the global 5G Technology market.
Furthermore, to gain advancement in this technology, which is expected to be faster and less power consuming than most of the present wireless broadband technologies in commercial usage, many governments, and educational institutions have started to lay the ground for 5G. Therefore, such widespread research activities are anticipated to create a positive influence on the overall development of the technology in the forthcoming years. Moreover, a large number of companies are entering the field. This major factor is projected to support strongly the growth of the global 5G Technology market in the next few years.
Covid-19 Impact on 5G Technology Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
5G Technology Market Segment Overview
Based on the Connectivity the Enhanced Mobile Broadband (eMBB) segment is the largest segment in the global 5G Technology market. Enhanced mobile broadband (eMBB), also known as extreme mobile broadband, is one of the three defining characteristics of 5G, the other two being massive capacity and ultra-low latency. With throughput speeds that could eventually be as much as 20 Gbps, when millimeter wave (mmW) frequencies are available, eMBB will enable new data-driven experiences requiring high data rates, resulting in a faster and better user experience. But the benefits of eMBB go beyond just faster download speeds and provide new opportunities and an increasingly seamless user experience.
5G Technology Market, By Offering
· Hardware
· Software
· Services
5G Technology Market, By Connectivity
· Enhanced mobile broadband (eMBB)
· Ultra-reliable low latency communication (URLLC)
· Massive machine type communication (mMTC)
5G Technology Market, By Application
· Connected vehicles
· Monitoring & tracking
· Automation
· Smart surveillance
· VR & AR
· Enhanced video services
· Others
5G Technology Market, By End-User
· Manufacturing
· Automotive
· Energy & Utilities
· Transportation & Logistics
· Healthcare
· Government
· Media & Entertainment
· Others
5G Technology Market Regional Overview
In terms of region, North America is the prominent region in the 5G Technology Market. This is because the 5G technology is projected to gain the most promising returns in the U.S. In addition to this, the Federal Communications Commission (FCC) in the U.S. has also begun to assess the allocation of frequencies to 5G networks. Likewise, Asia Pacific is expected to emerge as a lucrative region for the 5G Technology. Japan is the key country for the 5G Technology Market. As well, countries such as Korea and China have also begun experiments involving the actual application of 5G across several areas.
5G Technology Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
5G Technology Market Competitor overview
Some key developments and strategies adopted by manufacturers in 5G Technology are highlighted below.
· In August 2021, Huawei published a white paper titled 5G-Advanced Technology Evolution from a Network Perspective — Towards a New Era of Intelligent Connect X with China Mobile and other industry partners. This paper is the first in the industry to expand on the architecture and technical direction for 5G-Advanced, aiming to provide guidelines that will promote 5G technologies and construct a sustainable 5G industry.
· In August 2021, the global 5G open-source network market, STL announced their collaboration with Facebook to build radio units. STL is the first Indian company to be collaborating with Facebook's Evenstar Program to provide Open-RAN radio solutions.
5G Technology Market, Key Players
· Deutsche Telekom AG
· Ericsson
· Huawei Technology
· Nokia
· Orange S.A.
· Qualcomm Inc.
· Telecom Italia
· Telstra
· T-Mobile
· Intel Corporation
· Samsung
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global 5G Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Offering
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
- 5.3. Market Analysis, Insights and Forecast – By Connectivity
- 5.3.1. Enhanced mobile broadband (eMBB)
- 5.3.2. Ultra-reliable low latency communication (URLLC)
- 5.3.3. Massive machine type communication (mMTC)
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Connected vehicles
- 5.4.2. Monitoring & tracking
- 5.4.3. Automation
- 5.4.4. Smart surveillance
- 5.4.5. VR & AR
- 5.4.6. Enhanced video services
- 5.4.7. Others
- 5.5. Market Analysis, Insights and Forecast – By End-User
- 5.5.1. Manufacturing
- 5.5.2. Automotive
- 5.5.3. Energy & Utilities
- 5.5.4. Transportation & Logistics
- 5.5.5. Healthcare
- 5.5.6. Government
- 5.5.7. Media & Entertainment
- 5.5.8. Others
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America 5G Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Offering
- 6.2.1. Hardware
- 6.2.2. Software
- 6.2.3. Services
- 6.3. Market Analysis, Insights and Forecast – By Connectivity
- 6.3.1. Enhanced mobile broadband (eMBB)
- 6.3.2. Ultra-reliable low latency communication (URLLC)
- 6.3.3. Massive machine type communication (mMTC)
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Connected vehicles
- 6.4.2. Monitoring & tracking
- 6.4.3. Automation
- 6.4.4. Smart surveillance
- 6.4.5. VR & AR
- 6.4.6. Enhanced video services
- 6.4.7. Others
- 6.5. Market Analysis, Insights and Forecast – By End-User
- 6.5.1. Manufacturing
- 6.5.2. Automotive
- 6.5.3. Energy & Utilities
- 6.5.4. Transportation & Logistics
- 6.5.5. Healthcare
- 6.5.6. Government
- 6.5.7. Media & Entertainment
- 6.5.8. Others
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe 5G Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Offering
- 7.2.1. Hardware
- 7.2.2. Software
- 7.2.3. Services
- 7.3. Market Analysis, Insights and Forecast – By Connectivity
- 7.3.1. Enhanced mobile broadband (eMBB)
- 7.3.2. Ultra-reliable low latency communication (URLLC)
- 7.3.3. Massive machine type communication (mMTC)
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Connected vehicles
- 7.4.2. Monitoring & tracking
- 7.4.3. Automation
- 7.4.4. Smart surveillance
- 7.4.5. VR & AR
- 7.4.6. Enhanced video services
- 7.4.7. Others
- 7.5. Market Analysis, Insights and Forecast – By End-User
- 7.5.1. Manufacturing
- 7.5.2. Automotive
- 7.5.3. Energy & Utilities
- 7.5.4. Transportation & Logistics
- 7.5.5. Healthcare
- 7.5.6. Government
- 7.5.7. Media & Entertainment
- 7.5.8. Others
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific 5G Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Offering
- 8.2.1. Hardware
- 8.2.2. Software
- 8.2.3. Services
- 8.3. Market Analysis, Insights and Forecast – By Connectivity
- 8.3.1. Enhanced mobile broadband (eMBB)
- 8.3.2. Ultra-reliable low latency communication (URLLC)
- 8.3.3. Massive machine type communication (mMTC)
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Connected vehicles
- 8.4.2. Monitoring & tracking
- 8.4.3. Automation
- 8.4.4. Smart surveillance
- 8.4.5. VR & AR
- 8.4.6. Enhanced video services
- 8.4.7. Others
- 8.5. Market Analysis, Insights and Forecast – By End-User
- 8.5.1. Manufacturing
- 8.5.2. Automotive
- 8.5.3. Energy & Utilities
- 8.5.4. Transportation & Logistics
- 8.5.5. Healthcare
- 8.5.6. Government
- 8.5.7. Media & Entertainment
- 8.5.8. Others
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa 5G Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Offering
- 9.2.1. Hardware
- 9.2.2. Software
- 9.2.3. Services
- 9.3. Market Analysis, Insights and Forecast – By Connectivity
- 9.3.1. Enhanced mobile broadband (eMBB)
- 9.3.2. Ultra-reliable low latency communication (URLLC)
- 9.3.3. Massive machine type communication (mMTC)
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Connected vehicles
- 9.4.2. Monitoring & tracking
- 9.4.3. Automation
- 9.4.4. Smart surveillance
- 9.4.5. VR & AR
- 9.4.6. Enhanced video services
- 9.4.7. Others
- 9.5. Market Analysis, Insights and Forecast – By End-User
- 9.5.1. Manufacturing
- 9.5.2. Automotive
- 9.5.3. Energy & Utilities
- 9.5.4. Transportation & Logistics
- 9.5.5. Healthcare
- 9.5.6. Government
- 9.5.7. Media & Entertainment
- 9.5.8. Others
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Deutsche Telekom AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Ericsson
- 10.6. Huawei Technology
- 10.7. Nokia
- 10.8. Orange S.A.
- 10.9. Qualcomm Inc.
- 10.10. Telecom Italia
- 10.11. Telstra
- 10.12. T-Mobile
- 10.13. Intel Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
