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Global 5G Services Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global 5G Services Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global 5G Services Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 20 Aug 2020
  • Report ID: ICT&S 0070
  • Pages:178
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The 5G Services market is anticipated to grow with a CAGR of 44% over the forecast period of 2019-2028.  In telecommunications, 5G is that the fifth generation technology standard for cellular networks, which telephone companies began deploying worldwide in 2019. Beyond speed improvement, 5G is predicted to unleash a huge IoT  ecosystem where networks are capble of serving communication needs for billions of connected devices, with the proper trade-offs between speed, latency, and cost. 5G tops out at 10 gigabits per second which means 5G is 10 to x100 faster than what 4G may provide. The rising demand for faster and reliable networks, growing increase for the demand of low latency connectivity, the rapid increase of IoT services, and growing data traffic are expected to be some primary drivers that are propelling the market growth immensely.

Top Driver: Increasing Demand for Faster and Reliable Connectivity to Propel the Market Growth

Various companies are investing in advanced technologies to improve their data connectivity and make it more reliable and faster. The increasing demand for high-speed wireless connection and rapid file transfers is expected to propel the market growth in the future. The rising data in cloud storage demand faster data connectivity to be managed, and hence   5G service is being introduced across the globe to fulfill the requirements. Moreover, various governments and institutions require a high-speed wireless connection to manage a whole lot of data associated with the population of the region, and hence the demand for 5G is growing rapidly.

The Enhanced Mobile Broadband Segment is Expected to Hold the Largest Market Share

The eMBB or the enhanced broadband mobile network is expected to hold the largest market share. The eMBB services are next-level services that provide better connectivity and are wily used by organizational institutions for wireless connectivity. On the basis of application, the market is segmented into eMBB, mMTC and URLLC, and FWA. The mMTC and URLLC segments are also expected to witness growth in the forecast period. On the basis of vertical, the market is segmented into Smart Cities Connected Factories, Smart Buildings, Connected Healthcare, Smart Utilities, Broadband, Others.

North America Accounted for the Largest Market Share

North America accounted for the largest market share owing to huge technological advances in the region and the presence of various tech companies. The region is highly driven by a faster speed network, which demands more efficiency due to which the region is expected to witness rapid growth in the forecast period. Europe accounted for the second-largest shre, and the Asia Pacific is expected to be the fastest-growing network.

Players to Focus on Expanding Applications in the Agriculture Industry

The global 5G Services market is expected to grow with a significant CAGR due to presence of various companies including  AT&T, Airtel, BT Group, China Mobile, China Telecom, Deutsche Telecom, du, Korea Telecom, Sprint, Saudi Telecom Company, SK Telecom, Telstra, Vodafone, Verizon and others which are developing new products to drive the market growth.

Ericsson: In September  2018,  T-mobile and Erricson formed a collaboration to support T-mobile’s 5G deployment in the United States.

BT Group plc’: In April 2018, the BT Group’s Enterprise segment acquired 40 MHz of 3.4 GHz spectrum  for around USD 426.5 million. The company plans to utilize the spectrum to provide next-generation improved internet services in U.K

Scope of the Report

By Application

  • eMBB
  • mMTC and URLLC
  • FWA

By Vertical

  • Smart Cities
  • Connected Factories
  • Smart Buildings
  • Connected Healthcare
  • Smart Utilities
  • Broadband
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Smart Greenhouse Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Smart Greenhouse Market -Industry Snapshots

6.1             Overview

6.1.1          Global Smart Greenhouse Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Smart Greenhouse Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Smart Greenhouse Market- By Type

7.2.1          Smart Greenhouse Market- Hydroponics

7.2.2          Smart Greenhouse Market- Non-hydroponics

Chapter 8           Global Smart Greenhouse Market Analysis, by Component

8.1             Overview

8.2             Key Findings for Smart Greenhouse Market- By Component

8.2.1          Smart Greenhouse Market- HVAC Systems

8.2.2          Smart Greenhouse Market- LED Grow Lights

8.2.3          Smart Greenhouse Market- Control Systems & Sensors

Chapter 9           Global Smart Greenhouse Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Smart Greenhouse Market- By End User

9.2.1          Smart Greenhouse Market- Retail Gardens

9.2.2          Smart Greenhouse Market- Commercial Growers

9.2.3          Smart Greenhouse Market- Research & Educational Institutes

9.2.4          Smart Greenhouse Market- Others

Chapter 10       Smart Greenhouse Market Analysis by Region

10.1           Key Findings for Smart Greenhouse Market- By region

10.2           Overview

10.2.1       Global Smart Greenhouse Market Analysis, By Type, 2019 – 2028

10.2.2       Global Smart Greenhouse Market Analysis, By Component, 2019 – 2028

10.2.3       Global Smart Greenhouse Market Analysis, By End User, 2019 – 2028

10.3           Smart Greenhouse Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Type

10.3.6       North America Market, By Component

10.3.7       North America Market, By End User

10.4           Smart Greenhouse Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Type

10.4.8       Europe Market, By Component

10.4.9       Europe market by, End User

10.5           Smart Greenhouse Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Type

10.5.7       Asia Pacific Market, By Component

10.5.8       Asia Pacific Market, By End User

10.6           Smart Greenhouse Market – SAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       South America

10.6.4       Rest Of World

10.6.5       South America, Middle East and Africa Market, By Type

10.6.6       South America, Middle East and Africa Market, By Component

10.6.7       South America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Nexus Corporation

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Argus Control Systems Limited

12.3           Certhon

12.4           Rough Brothers, Inc.

12.5           GreenTech Agro LLC

12.6           Netafim

12.7           Sensaphone

12.8           Cultivar Ltd.

12.9           Heliospectra AB

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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