5G Services Market by Vertical (Smart Cities, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utiliti

9/19/2018, 11:21 AM (Source: GlobeNewswire)

Dublin, Sept. 19, 2018 (GLOBE NEWSWIRE) -- The "5G Services Market by Vertical (Smart Cities, Connected Vehicles, Connected Factories, Smart Buildings, Smart Utilities, Connected Healthcare, and Broadband Services), Application (eMBB, MMTC and URLLC, and FWA), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global 5G services market is expected to grow from USD 53.93 billion in 2020 to USD 123.27 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period.

The rising demand for reliable and ultra-low latency connectivity services, increasing use of connected Internet of Things (IoT) devices, and growing data traffic are some of the factors expected to drive the 5G services market. However, the deployment cost of network services may restrain the growth of the 5G services market.

The broadband vertical is expected to have the largest market share in the 5G Services market by 2025. The 5G Fixed Wireless Access (FWA) application would disrupt the broadband ecosystem, as companies have started deploying it on a trial basis in several cities. For instance, Verizon Wireless announced its plans to launch 5G FWA for a group of its residential customers in California, US.

The eMBB segment is expected to hold the largest market share during the forecast period. eMBB is initially considered as an extension to 4G services, and would be commercialized by late 2018 or early 2019. Therefore, due to the early adoption of this application, it is expected to hold the largest market share during the forecast period.

In terms of growth rate, North America is expected to grow at the fastest growth rate, due to its dominance via sustainable and well-established economies, which enable it to invest heavily in Research and Development (R&D) activities. Owing to the rising adoption of new technologies, such as IoT and smart cities, and increasing need for high-speed internet connectivity, telecom service providers have started trials and tests for 5G services.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the 5G Services market.

The key 5G services vendors profiled in the report are as follows:

  • AT&T (US)
  • Airtel (India)
  • BT Group (UK)
  • China Mobile (China)
  • China Telecom
  • Deutsche Telecom (Germany)
  • du (UAE)
  • Korea Telecom (Korea)
  • Sprint (US)
  • Saudi Telecom Company (Saudi Arabia)
  • SK Telecom (South Korea)
  • Telstra (Australia)
  • Vodafone (UK)
  • Verizon (US)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the 5G Services Market
4.2 Market Share of Top 3 Verticals and Regions
4.3 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Rise in Demand for Reliable and Ultra-Low Latency Connectivity Services Rapid Increase in the Development of Connected IoT Devices Continuous Increase in Data Traffic
5.2.2 Restraints Cost Involved in the Deployment of Network Services
5.2.3 Opportunities Infrastructural Development Initiatives, Such as Smart Cities Transition From On-Premises Legacy Systems to Cloud-Based Solutions
5.2.4 Challenges Vertical-Focused Business Model Issues Related to Global Spectrum
5.3 Latest Implementation and Trials of 5G Services
5.4 Comparison Between Enabling Technologies

6 5G Services Market, By Vertical
6.1 Introduction
6.2 Smart Cities
6.2.1 Smart Signaling and Traffic Management Systems
6.2.2 Smart Parking
6.2.3 Environmental Monitoring
6.2.4 Public Safety
6.2.5 Water and Waste Management
6.3 Connected Factories
6.3.1 Connected Machineries and Sensors
6.3.2 Logistics and Supply Chain
6.3.3 Asset Tracking
6.3.4 Workforce Tracking
6.3.5 Incident Management and Communication
6.4 Smart Buildings
6.4.1 Connected HVAC
6.4.2 Smart Homes
6.4.3 Digital Content Management
6.5 Connected Vehicles
6.5.1 Autonomous Vehicles
6.5.2 Vehicle Telematics
6.5.3 Freight Information System
6.6 Connected Healthcare
6.6.1 Clinical Operations and Workflow Management
6.6.2 Inpatient Monitoring
6.6.3 Connected Imaging
6.6.4 Medication Management
6.7 Connected Retail
6.7.1 Advertising and Marketing
6.7.2 Point of Sale
6.7.3 Video Surveillance and Safety
6.8 Smart Utilities
6.9 Voice
6.10 Broadband
6.11 Others

7 5G Services Market, By Application
7.1 Introduction
7.2 MMTC and URLLC
7.3 EMBB
7.4 FWA

8 5G Services Market, By Region

9 Competitive Landscape
9.1 Overview
9.2 Key Players in the 5G Services Market
9.3 Competitive Scenario
9.3.1 Partnerships, Agreements, and Collaborations
9.3.2 New Product/Service Launches and 5G Trials
9.3.3 Mergers and Acquisitions
9.3.4 Business Expansions

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zhctqd/5g_services?w=12

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Related Topics: 4G and 5G


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