Increase in demand for low latency connectivity in industrial automation, the rise in number of IoT devices, surge in content streaming services, and growing adoption of edge computing are some of the prominent factors driving the growth of 5G technology. Besides, emergence of 5G technology represents lucrative economic opportunities through improved access to social services such as education, employment, healthcare, transportation, and energy.
The 5G technology return on investment market study is primarily focuses on four industry verticals viz., automotive, industrial machinery, infrastructure (smart cities), and healthcare & life sciences. Key market players of these industries and leading telecom operators are collaborating for various projects of 5G technology to deploy the required infrastructure.
Some of the major 5G technology investors are KT Corporation, SK Telecom, NTT DOCOMO, INC., KDDI Corporation, China Mobile, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Nokia Corporation, Telekom Deutschland GmbH, Infineon Technologies AG, AT&T Inc., and Verizon Communications Inc.
KEY MARKET SEGMENTS
By INDUSTRY VERTICALS
- Automotive
- Industrial Machinery
- Infrastructure
- Healthcare and Life Sciences
Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 60 |
| Published | July 2020 |
| Forecast Period | 2020 - 2026 |
| Estimated Market Value ( USD | $ 2 billion |
| Forecasted Market Value ( USD | $ 320.1 billion |
| Compound Annual Growth Rate | 133.0% |
| Regions Covered | Global |
