1 / 3

Global 5G Marker PR

The global 5G market is estimated to garner a notable by the end of 2031 by growing at a CAGR of ~48% over the forecast period, i.e., 2022 u2013 2031.

philip13
Download Presentation

Global 5G Marker PR

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global5GMarkettobePropelledbyRisein theNumberof Smartphonesby CAGR of ~48%During2022 – 2031 Kenneth Research published a report titled “5G Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global 5G market in terms ofmarketsegmentationbycomponent,offerings,applications,andbyregion. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrentandfuturemarket trendsthatareassociated with the growthofthe market. The global 5G market is estimated to grow at a CAGR of ~ 48% over the forecast period, i.e., 2022-2031. The market is segmented by applications into healthcare, automotive, consumer electronics, manufacturing & utilities, retail, and others. Out of these, the manufacturing & utilities segment is anticipated to hold the largest share over the forecast period owing to the growing trend among manufacturing utilities to automate their operations through Internet of Things,artificial intelligence,and cloudcomputing.

  2. A rise in the number of smartphones is anticipated to drive the growth of the global 5G market. Moreover,the increasingusersisfurtherexpectedtosurgethegrowthofthemarket. For more descriptions@https://www.kennethresearch.com/report-details/5g- market/10352413 Geographically, the global 5G market is segmented into five major regions including North America,Europe,AsiaPacific,LatinAmericaandMiddleEast&Africaregion.Outofthem,the market in the North America region is projected to hold the largest market share by the end of 2031onthe backofgrowinghigh-speednetworksamongconsumer electronicdevices, manufacturing units, and others. Moreover, there has been a huge deployment of 5G networks acrosstheregion, followedbytheadvancementinthetechnologies. The research is global in nature and covers detailed analysis on the market in North America (U.S.,Canada),Europe(U.K.,Germany,France,Italy,Spain,Hungary,Belgium,Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, RestofAsia-Pacific),MiddleEastandAfrica(Israel,GCC[SaudiArabia,UAE,Bahrain,Kuwait, Qatar,Oman],NorthAfrica,SouthAfrica,RestofMiddleEastandAfrica).Inaddition,analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed intheresearchreport. Increasein thedata consumptionto Drive theGrowth of theMarket In the year 2020, the total amount of data created, copied, and consumed around the world was morethan60zettabytes. There has been an increase in data consumption across the globe that can be easily transmitted at a faster pace with lower cost. Therefore, it is projected to surge the growth of the global 5G market. However, the high cost of the 5G infrastructure, a lack of skilled workers for operating 5G, and slow adoption of 5G services among the people are expected to operate as key restraint to the growthofglobal 5Gmarketovertheforecast period.

  3. This report also provides the existing competitive scenario of some of the key players of the global5GmarketwhichincludescompanyprofilingofLMEricsson,VodafoneGroupPlc.,AT & T Intellectual Property, Verizon, ALE International, NTT DOCOMO, Huawei Technologies Co., Ltd., Telefonica S.A., Bharti Airtel Limited, Orange SA, and others. The profiling enfolds keyinformationofthe companies whichencompassesbusinessoverview,productsand services, key financials and recent news and developments. On the whole, the report depicts detailed overviewoftheglobal 5Gmarketthatwillhelpindustryconsultants,equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoingand expected trendsin thefuture. RequestReportSample@https://www.kennethresearch.com/sample-request-10352413 Kenneth Research is a leading service provider for strategic market research and consulting. We aimtoprovideunbiased, unparalleledmarketinsightsand industryanalysistohelp industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out ofboxthinkinghelpsourclients to takewisedecisioninorder to avoidfutureuncertainties. Contact formoreInfo: AJDaniel Email: sales@kennethresearch.com U.S.Phone: +1313462 0609

More Related