5g enterprise

Global 5G Enterprise Market, by Services (Platform, Software), Organization Size (Small and medium enterprise, Small and Medium-sized Enterprises), Application , & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Telecom and IT     ID: IRP1691     Date: Aug, 2020
5G Enterprise is a network architecture that allows IT and cloud-computing capabilities at the edge of a cellular network. It is a new option for network providers challenged to meet consumer demands for improved coverage and greater bandwidth. It is mainly used to reduce network congestion and recover applications by performing related processing tasks closer to the end-user. The technology is planned to be implemented at cellular base stations, if rapid deployment of applications and other customer services. MEC has a wide range of profits, the main benefit of MEC is to decrease congestion on mobile networks which can be achieved by bringing data closer to the end user and streaming it directly to their phones.

Rise in the rise of data traffic and demand for low latency computing & developed Quality of Experience (QoE) drive the growth of the 5G Enterprise market. In addition, explosion of smartphones in developing nations such as India and China because of the growth in demand for real time access and social media growth and increase in focus to deliver high bandwidth and low latency fuels the growth of the 5G Enterprise market. Conversely, lack of required infrastructure & deployment capabilities and factors such as regulatory & legal framework and privacy and security concern are the factors that restrict the market growth. Also, new revenue stream for service providers and opportunities for enterprises in emerging MEC application areas of AV/VR is anticipated to create major opportunities in the market.

Regionally, North America is the leading potential market because the presence of a large number of players contribution the MEC technology in this region. This region anticipated to hold the largest market size through the forecast period, as organizations are more focused on achieving ultra-low latency and faster delivery of MEC applications. Also, organizations have invested hugely on advanced technologies to gain competitive advantage and recover business operations. The APAC region is in the initial growth phase; though, it is the fastest growing region in the global MEC market. The rising adoption of MEC solutions in this region is due to the large subscriber base, which seems to be positive for enterprises. The MEC technology would help MNOs monetize their applications and improve the profitability margins.

The global 5G Enterprise market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global 5G Enterprise market includes by Services (Platform, Software), by Deployment Size (Large Enterprises, Small and Medium-sized Enterprises), by Application (BFSI, Media and Entertainment, Retail and Ecommerce, Healthcare and Life Sciences , Government and Defense, Others), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global 5G Enterprise market is primarily segmented by Services, Deployment Size, Application , and region.

On the basis of Services, the market is split into:
* Platform
* Software

Based on Deployment , the market is divided into:
* Large Enterprises
* Small and Medium-sized Enterprises

Based on the Application, the market is segmented into:
* Media and Entertainment
* Retail and Ecommerce
* Healthcare and Life Sciences
* Government and Defense
* Others

Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* Intel
* Nokia
* Samsung
*Hewlett Packard Enterprise
* Ericsson
* Juniper Networks
* Verizon Communications
* Fujitsu
* Cisco
* SK Telecom
* CommScope
These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their applications across the globe.
Key Benefits of the Report:
* Global, regional, country, services, application, and deployment size market application and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on Application outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, services, applications, and deployment with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of 5G Enterprise

Target Audience:
* 5G Enterprise manufacturer & Services Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Media and Entertainment and Research Deployment s
* Associations and Application Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, Media and Entertainment and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, Retail and Ecommerce behavior, and Application trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Application Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Body & Associations
* Research Institutes

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