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Applications and Market Opportunities of NR-RedCap

  • ID: 5334049
  • Report
  • May 2021
  • Region: Global
  • 14 Pages
  • Market Intelligence & Consulting Institute (MIC)

FEATURED COMPANIES

  • Apple
  • Google
  • Huawei
  • MediaTek
  • Qualcomm
  • Sierra Wireless
  • MORE

Release 17 for 5G is expected to be completed in 2022 and is projected to include the IoT (Internet of Things) technology of NR-RedCap (New Radio Reduced Capability). As this technology only needs 10MHz bandwidth to achieve a data rate of 150Mbps and can reduce the power consumption of the device, it is expected to be adopted in places where power supply is unavailable and high-speed transmission is required. This report provides an overview of NR-RedCap technology and looks into different use cases to identify applications and opportunities of NR-RedCap in the market.

List of Topics

  • Development of NR-RedCap, touching on different IoT technology such as short range and wide area
  • Development of the global wide area IoT market and includes the market forecast for the period 2021-2023 and major players
  • Applications of NR-RedCap in four major applications, including industrial wireless sensor, video surveillance, smartwatch, and smart glasses
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apple
  • Google
  • Huawei
  • MediaTek
  • Qualcomm
  • Sierra Wireless
  • MORE

1.Current Status of IoT Technology and Development of NR-RedCap
1.1 Types of IoT Technology: Short Range and Wide Area
1.2 Development of the Worldwide Wide Area IoT Market
1.3 Progress of IoT-related 5G Technology
1.4 NR-RedCap Addresses the Needs of Mid-range Use Cases
1.5 Easy Integration of NR-RedCap and 5G Networks to Reduce Operational and Management Complexity

2. Applications of NR-RedCap
2.1 Industrial Wireless Sensor: Highly Reliable Sensor Networks
2.2 Video Surveillance: HD Images to Facilitate Decision-making
2.3 Smartwatch: Keep Track of Kids’ Locations
2.4 Smartglasses: Instructions to On-site Staff to Improve Productivity

3. Opportunities Brought by NR-REDCAP for IoT Service Providers
3.1 NR-RedCap to Fill the Void in Telecoms; IoT Solutions in the Medium-speed Sector
3.2 NR-RedCap to Reduce Device Costs and Expand the Private Network Market

4. Perspective

Appendix
List of Companies

List of Tables
Table 1 Comparison of IoT Technology
Table 2 Stakeholders Participated in the NR-RedCap Standard Establishment

List of Figures
Figure 1 Short Range and Wide Area IoT Technology
Figure 2 Worldwide Wide Area IoT Market Forecast, 2019-2023
Figure 3 Roadmap of 3GPP Standardization
Figure 4 NR-RedCap to Meet the Needs of Mid-range Use Cases
Figure 5 Easy Integration of NR-RedCap in 5G Core Networks
Figure 6 Three Major Application Areas of NR-RedCap
Figure 7 Distribution of IoT Devices by Number of Connections
Figure 8 Factory Applications with Different Data Rate and Reliability Requirements
Figure 9 Supply and Demand Sides of Private Enterprise Networks

Note: Product cover images may vary from those shown

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  • Apple
  • Ericsson
  • Google
  • HiSilicon
  • Huawei
  • Intel
  • MediaTek
  • Nokia
  • Qualcomm
  • Samsung
  • Sierra Wireless
  • Spreadtrum
  • Unisoc 
  • ZTE
Note: Product cover images may vary from those shown

Primary research with a holistic, cross-domain approach

The exhaustive primary research methods are central to the value that the analyst delivers. A combination of questionnaires and on-site visits to the major manufacturers provides a first view of the latest data and trends. Information is subsequently validated by interviews with the manufacturers' suppliers and customers, covering a holistic industry value chain. This process is backed up by a cross-domain team-based approach, creating an interlaced network across numerous interrelated components and system-level devices to ensure statistical integrity and provide in-depth insight.

Complementing primary research is a running database and secondary research of industry and market information. Dedicated research into the macro-environmental trends shaping the ICT industry also allows the analyst to forecast future development trends and generate foresight perspectives. With more than 20 years of experience and endeavors in research, the methods and methodologies include:

Method

  • Component supplier interviews
  • System supplier interviews
  • User interviews
  • Channel interviews
  • IPO interviews
  • Focus groups
  • Consumer surveys
  • Production databases
  • Financial data
  • Custom databases

Methodology

  • Technology forecasting and assessment
  • Product assessment and selection
  • Product life cycles
  • Added value analysis
  • Market trends
  • Scenario analysis
  • Competitor analysis

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