Increasing mobile internet subscriptions also represent intense use of social media platforms, which in turn is expected to add fuel to the demand for 5G network equipment
Albany, NY -- (SBWIRE) -- 07/13/2018 -- As mobile operators sprint to provide next generation services as well as Internet of Things (IoT) connectivity to countless subscribers, the rate of 5G field deployments and trials has witnessed a brisk acceleration since the past few months. Service providers, still grappling up with the 5G evolution, are addressing various challenges with respect to hybrid cloud, fixed mobile convergence, increasing virtualization and network slicing which is expected to drive the need for efficient 5G network equipment. In addition, increasing number of 5G deployments across the globe, given the huge appetite for data connectivity, have paved potential pathways for use of 5G network equipment. Several insights on 5G network equipment have been compiled in a new research report titled "Global Market Study on 5G Network Equipment: Will Early Consumer Trials Facilitate Speedy Detection and Resolution of 5G Deployment Issues?" added to the research library of Market Research Report Search Engine (MRRSE).
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Moreover, increasing demand for high bandwidths has largely pushed the demand for 5G network equipment. Increasing mobile internet subscriptions also represent intense use of social media platforms, which in turn is expected to add fuel to the demand for 5G network equipment. For instance, according to ITU (International Telecommunication Union) mobile broadband subscriptions reached a whopping 4.3 billion mark in 2017 with around 48 percent of world's population relying on internet for daily activities or work. Likewise, by end of 2018, number of people using internet is expected to cross 4 billion across countries worldwide. This rapid increase in internet usage has pushed the demand for high speed data transfer and bandwidth, hence driving the growth of the 5G network equipment market during the period of forecast, 2019-2025.
5G Network Equipment Market: Research Methodology
The research report on 5G network equipment market includes pertinent insights on every factor influencing growth in adoption of 5G network equipment during the forecast period. All insights are obtained using a robust research methodology that includes use of secondary and primary research. The initial phase of the research process includes a vast secondary research that provides a high level view of the 5G network equipment market. Simultaneously, primary interviews are carried out to deep dive into the eccentricities of the 5G network equipment market. Data point collected in each primary interview and secondary research is verified in the next interview and the process continues till the conclusion of the research. This facilitates higher accuracy of the gleaned data, consequently supporting in slating accurate insights on the market.
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5G Network Equipment Market: Report Structure
The research report on 5G network equipment market is skilfully drafted using a systematic presentation approach. Beginning with an executive summary, the report progresses with market introduction and view point followed by segmental forecast analysis. These sections briefly cover market overview, key analyst recommendations, market definition, taxonomy, value chain assessment along with market dynamics. Various drivers, challenges or restraints, opportunities and trends influencing the 5G network equipment market growth have been enumerated and assessed for the said duration of the research across each region. The in-depth deep diving of the 5G network equipment market portrays a holistic market snapshot including all angles of the market.
5G Network Equipment Market: Segmentation and Competitive Analysis
The report on 5G network equipment market covers detailed segmentation to cover every possible aspect associated with 5G network equipment. The report is segmented on the basis of component and region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).
Also the report covers competitive landscape that includes profiles of major companies including Qualcomm Technologies Inc., NEC Corporation, Samsung Electronics, Nokia, Hitachi Ltd., Huawei Technologies Co. Ltd., Cisco Systems, Equinox Inc., and ZTE Corporation, to name a few.
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