Albany, NY -- (SBWIRE) -- 10/18/2016 -- The report, titled "The 5G Wireless Ecosystem: 2016 - 2030 - Technologies, Applications, Verticals, Strategies & Forecasts," provides an in-depth assessment of the emerging 5G wireless ecosystem across the world, taking the driving forces, limitations, and growth opportunities into consideration.
The market for 5G network is reporting a remarkable surge, globally. By 2025, the annual service revenue from 5G networks is projected to reach a value of US$250 bn. The 5G wireless ecosystem has emerged as a revolutionary trend in the wireless networking scenario across the world.
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Although the standardization of the 5G wireless ecosystem is yet to be effected, service providers have begun the development of the 5G wireless network, mainly focusing on new air interface transmission schemes, greater frequency bands, and advanced antenna technologies, such as beamforming and massive MIMO. A wide array of spectrum bands, from conventional cellular bands to millimeter (mm) wave frequencies, is expected to be utilized in the 5G wireless network, states the market report.
According to analysts, the standardization of the 5G wireless ecosystem is expected to commence in 2016. A number of initiatives by several governments, wireless carriers, and network providers are anticipated to propel the expansion of 5G wireless networks worldwide, resulting in a robust rise in the overall 5G ecosystem. The 5G wireless ecosystem is estimated to gain an investment of almost US$6.0 bn for research and development activities as well as trials during the period from 2015 to 2020, notes the market study.
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This 145-page market study provides a detailed analysis of the 5G wireless ecosystem spread across various regional markets, such as Eastern Europe, Western Europe, North America, Central and Latin America, Asia Pacific, and the Middle East and Africa. It mainly focuses on various technologies applied in the 5G wireless ecosystems, such as software-defined networking (SDN), network functions virtualization (NFV), heterogeneous networking (HetNet), cloud RAN, centralized RAN (C-RAN), and mobile edge computing (MEC).
The competitive landscape of the 5G wireless ecosystem has also been evaluated in the study in a bid to determine the current market hierarchy. Cisco Systems, Google, Ericsson, Fujitsu, Cohere Technologies, Huawei, Intel Corp., Keysight Technologies, Mitsubishi Electric, InterDigital, Kumu Networks, NEC Corp., National Instruments, Nokia, Panasonic, Qualcomm, Samsung, ZTE, Rohde & Schwarz, and SiBEAM are some of the leading players in the 5G wireless ecosystem mentioned in this report.
The key objective of this research report is to present a complete overview of the 5G wireless ecosystem spread across the world to participants in order to assist them in preparing profitable strategies to gain an edge over their competitors
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