Reports and Data has recently published a research report on the Global 5G Services Market, expanding its extensive database. The research study offers a detailed assessment of the current and emerging market trends and offers a holistic overview of the sector considering product portfolio, types, segmentation, applications, and supply chain analysis. It also provides a comprehensive analysis of the international market, growth trends, development patterns, competitive landscape, demand and supply dynamics, and gross margins.
A swift escalation in the advancement of the Internet of Things (IoT) appliances and their widespread use and a consistent upsurge in the volume of online data transfer in connectivity services is anticipated to push the market growth for 5G network services. Another factor causative of the progress of the market is the escalation in demand to lessen the latency time in online connectivity services as well as the prerequisite of a consistent network service in this age of communication.
Key participants include Cisco Systems (US), Samsung Electronics (South Korea), AT&T (US), Verizon (US), SK Telecom (South Korea), BT Group (UK), China Telecom (China), Telstra (Australia), Airtel (India), Vodafone (UK), and KT Corporation (South Korea).
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For the purpose of this report, Reports and Data have segmented global 5G services market on the basis of industry verticals, application, and region:
Industry Verticals Outlook (Revenue, USD Million; 2018-2026)
- Smart Cities
- Smart Industrial plants
- Smart Automobiles
- Smart Medical Services
- Smart Retail Stores
- Smart Services
- High-Speed Internet
- Others
Application Outlook (Revenue, USD Million; 2018-2026)
- mMTC
- URLLC
- eMBB
- FWA
Regional Outlook (Revenue, USD Million; 2018-2026)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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One key factor curbing the growth of the concerned market is the cost-intensive implementation of 5G network services. The prerequisite for the deployment of 5G connectivity services is mm-Wave frequency which has the issue of rapid attenuation as compared to the frequency waves used in 4G LTE network services, thereby requiring the necessity of a minimum of 10 transmitting antennas (smart antennas for 5G network services) to amplify the attenuating wave as compared to 4G LTE network technology.
The report offers:
- An in-depth overview of the 5G services market landscape
- Assessment of the global industry trends for the historical period of 2017-2018, the current year 2019-2020, and a forecast estimation for the period 2020-2026
- Overview of the company profiles and product portfolios
- R&D advancements and technological developments in the 5G services industry.
- Market dynamics, trends, opportunities, and risks
- Study of the market in terms of revenue and product consumption patterns.
Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/5g-services-market
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