DUBLIN, Oct. 10, 2022 (GLOBE NEWSWIRE) — The 5G Technologies Global Market Report 2022 has been added ResearchAndMarkets.com Offer.
The global market for 5G technologies is expected to grow from US$20.23 billion in 2021 to US$30.11 billion in 2022 at a compound annual growth rate (CAGR) of 48.8%. The market for 5G technologies is expected to grow to US$99.76 billion by 2026 at a compound annual growth rate (CAGR) of 34.9%.
North America was the largest region in the 5G technologies market in 2021. The regions covered in the 5G Technologies report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increase in government initiatives to promote and adopt the emerging 5G technology is expected to fuel the growth of the 5G technologies market. This is largely because 5G technology is having a significant impact on cellular networks, physical networks, computing facilities, hosting and delivery systems, and the orchestration of services and infrastructure. It has become imperative for any government to ensure that 5G technology reaches its maximum potential as it supports thousands of new consumer and business applications in the manufacturing, energy, healthcare and automotive markets.
For example, the Chinese government expects to initiate commercial rollouts of 5G using a 3400-3600 MHz band by 2020. The government also plans to use a spectrum of 25 and 40 GHz frequencies to ensure high-speed internet nationwide. Similarly, phone carriers AT&T, Verizon, T-Mobile, and Sprint plan to roll out their 5G mobile networks in the US in 2019. Hence, the increase in government initiatives is driving the growth of the 5G technology market.
Security and privacy concerns are a major barrier to the 5G technology market. This is mainly because the 5G technologies market faces both standard and sophisticated cybersecurity threats, and the security of user data has become a critical challenge for the 5G wireless transmission system/ due to the large number of devices connected to the network. the infrastructure becomes The technology. For example, according to experts at the Canadian Wireless and Telecommunications Association event in 2019, 5G networks have 200 times more attack vectors, or ways to gain access to a network, than their 4G predecessors.
Increasing collaboration between 5G technology companies is an emerging trend in the 5G technology market. This is mainly because these companies focus on developing strong 5G infrastructure and promoting innovative platforms by sharing their resources, knowledge, technology and costs.
Such cooperations are also helpful for companies when licenses are expiring, there is a lack of technological know-how and there are strict regulatory framework conditions. For example, in February 2019, Ericsson partnered with Intel Corporation to develop the next-generation hardware management platform that will provide visibility, agility, and efficiency for 5G, distributed clouds, and Network Functions Virtualization (NFV). Similarly, in January 2019, AT&T partnered with Rush University Medical Center to bring the first 5G-enabled hospital to the United States.
The market for 5G technologies is governed by the European Electronic Communications Code (EECC), which sets regulations for 5G technologies within the European Union. For example, in March 2022, the EU enacted rules to speed up the deployment of 5G networks by simplifying the deployment of small cellular antennas that provide the last mile for 5G networks. The regulation defines the physical and technical characteristics of small cells, imposes strict limits on their size and output, exempts them from building permits (while maintaining national oversight), and addresses their appearance to make them less visible. Therefore, regulations like these would benefit 5G technology companies and propel the market for 5G technologies.
scope
Covered Markets:
1) By communication infrastructure: small cell; macro cell; Radio access network (RAN)
2) By End User: Automotive; industry;consumer electronics; health care; Power supply; Other end users
3) By core network technology: Software-Defined Networking (SDN); Network Functions Virtualization (NFV); mobile edge computing (MEC); fog computing (FC); Distributed Antenna System (DAS)
4) By chipset type: ASIC chips; RFIC chips; millimeter wave technology chips; Field Programmable Gate Array (FPGA)
Main topics covered:
1. Summary
2. Market characteristics of 5G technologies
3. Market size and growth of 5G technologies
4. Market Segmentation for 5G Technologies
5. Regional and country analysis of 5G Technologies Market
6. Asia-Pacific 5G Technologies Market
7. 5G Technologies Market in China
8. 5G Technologies Market in India
9. 5G Technologies Market in Japan
10. Australian market for 5G technologies
11. Indonesia 5G Technologies Market
12. 5G Technologies Market in South Korea
13. Market for 5G technologies in Western Europe
14. UK 5G Technologies Market
15. Market for 5G technologies in Germany
16. Market for 5G technologies in France
17. Market for 5G technologies in Eastern Europe
18. Market for 5G technologies in Russia
19. 5G Technologies Market in North America
20. US 5G Technologies Market
21. Market for 5G technologies in South America
22. Brazilian market for 5G technologies
23. Middle East 5G Technologies Market
24. Market for 5G technologies in Africa
25. 5G Technologies Market Competitive Landscape and Company Profiles
26. Major mergers and acquisitions in the 5G technologies market
27. Market trends and strategies for 5G technologies
28. Future outlook and potential analysis for 5G technologies market
29. Appendix
companies mentioned
- Qualcomm
- Intel Corporation
- ericsson
- Samsung
- AT&T
For more information about this report, visit https://www.researchandmarkets.com/r/8alyzm
