Scope of the Report
The report entitled “Global 5G Equipment Market: Size, Trends, Forecasts (2019-2023)”, provides an in-depth analysis of the 5G equipment market including a detailed description of market sizing and growth. The report provides analysis of the 5G equipment market by value, by segment and by region. The report further provides detailed segment analysis and regional analysis of the global 5G equipment market by value.
Moreover, the report also evaluates the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall 5G equipment market has also been forecasted for the period 2019-2023, taking into consideration the growth patterns, the growth drivers and the current and future trends.
The major players dominating the 5G equipment market are Huawei Investment & Holding Co. Ltd., Ericsson, ZTE Corporation and Nokia Corporation. The four companies have been profiled in the report providing a detailed analysis of their financial information and business strategies.
Region Coverage
- North America
- Europe
- Asia Pacific
Company Coverage
- Huawei Investment & Holding Co. Ltd.
- Ericsson
- ZTE Corporation
- Nokia Corporation
Table of Contents
1. Executive Summary
Executive Summary
Telecommunication is the setup made up of two or more stations that have transmitter and receiver devices equipped in them. By the telecommunication, arrangement user can convey information by electronic and electrical means over a significant distance. Further, the information is transmitted through various telecommunication devices such as telephones, radio, microwave communication arrangements, fibre optics, satellites, internet and many others.
Wireless communication is a form of data communication which is executed and delivered without the deployment of network lines. Wireless communication is executed with the help of electromagnetic signals which are broadcast by a communication device within the physical environment or atmosphere. Wireless communication has various forms, technology and delivery methods which include: satellite communication, mobile communication, infrared communication, wireless network communication etc.
5G or fifth-generation wireless is an advanced and latest innovation of mobile communication technology, the technology has been developed to increase the speed and network responsiveness, to provide better communication facility, increase the amount of data transmitted over wireless networks due to availability of advanced antenna & high bandwidth etc.
The global 5G equipment market is anticipated to surge with a poised growth rate during the forecasted period (2019-2023). The growth of global 5G equipment market would be supported by numerous growth drivers such as rising global population, growing smartphone penetration, increasing number of internet users, upsurge in the Internet of Things (IoT) connected devices, rising data traffic and emerging industrial robots. However, the growth of global 5G equipment market is being hampered by various challenges. Some of the prominent challenges faced by the market are an external risk, range limitation and high setup cost.
Companies Mentioned
- Ericsson
- Huawei Investment & Holding Co. Ltd.
- Nokia Corporation
- ZTE Corporation
