Published on : Jun 28, 2017
Albany, New York, June 28, 2017: This report offers a detailed overview of the various opportunities presented by the deployment of 5G technology and the many growth trends with respect to new use cases, subscription, and customized communications. Aimed primarily at telecom executives, the study helps them assess their position in the overall 5G technology market, make cost-effective and profitable decisions about investments, and plan expansion strategies.
Industry experts believe that the consumption of data is only set to grow in the coming years and for the first time since its inception, 5G technology will surpass expectations of capacity and bandwidth compared to previous wireless generations. New capabilities of high density, low latency, and high reliability will open up new business opportunities and innovations, such as smart cities and driverless cars. However, analysts have also warned of additional challenges and complexities that come with these new capabilities.
With standardization timelines being brought forward, 5G technology has been gaining rapid momentum and major operators across the US, South Korea, and Japan are looking to introduce International Mobile Telecommunications (IMT) 2020-based services by 2019. The 5G technology largely depends on the deployment of small cell. It also rests on the associated availability of high capacity backhaul. As of now, the primary focus on 5G is the 28 GHz frequency band and initial services are likely to be offered in the US and South Korea.
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The study on 5G technology has been structurally designed to include a technology overview, case studies of users and new services, key country forecasts, and major findings and recommendations. While discussing 5G, analysts offer a thorough background as well as rationale to the technology, shedding light on the terminology, the various spectrum requirements, and the main drivers impacting its deployment. Keeping in mind new user cases and services, the report examines the current capabilities of 5G technology and the many opportunities it presents.
A thorough assessment of aspects such as network virtualization, drone and automotive services, reliability, latency, massive machine, and fixed wireless has also been provided in the publication. The main regional segments studied in the report include Japan, China, South Korea, the US, and Europe. The report provides a timeline of the commercial launch of 5G in these countries and regions and also predicts the main trends right up to 2022. The study is concluded with a brief summary of the prominent success factors, hurdles, and opportunities in the 5G technology market and a list of useful recommendations for vendors and network operators.
Some of the leading participants in the 5G technology market include Telefonica, Qualcomm, Nokia Networks, NTT DoCoMo, Orange S.A., Samsung Group, Alcatel-Lucent, Fraunhofer-Gesellschaft, Verizon Communications, Deutsche Telecom, Huawei Technologies, AT&T, and Ericsson.
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