The 5G technology (fifth generation) wireless technology broadly refers to offering up of advanced multi-Gbps peak data speeds, ultra-low dormancy, extra stability, enormous network capacity, increased availability, and an extra uniform user experience to more users. Therefore, it allows higher performance to the consumers and also enables improved efficacy which empowers the new customer’s experience and later this helps in connecting with the new businesses.
The report, ‘North America 5G Technology Market 2020-2030 by Offering, Communication Infrastructure, Connectivity (EMBB, MMTC, URLLC), Spectrum Range, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity’ as per the analysis refers that the major companies which are currently operating in the market are AT&T, Inc., China Mobile Ltd., China Telecommunications Corporation, Cisco Systems, Inc., Deutsche Telekom Ag, Ericsson AB, Extreme Networks, Fujitsu, Google Inc., Huawei Technologies Co., Ltd., Intel Corporation, Lenovo, LG Electronics, MediaTek Inc., Nokia Corp., NTT Docomo, Inc., Oppo, Orange S.A., Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Sk Telecom Co. Ltd., Sprint, Telefonaktiebolaget LM Ericsson, T-Mobile, Verizon Communications Inc.. The above mentioned companies has been further analysed on various parameters to get an overall outlook about the market leader and the best strategies adopted by them in the market. Some of the major parameters on which these companies are being analysed include Major Vendors, New Product Launches, Partnerships, Investment, Mergers and Acquisitions and many more.
Moreover, in the detailed coverage report also covers an in-depth qualitative analysis on the basis of various factors such as Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces Analysis and many more. The report covers 5G technology market on the basis of various segments such as By offering (Hardware, Software, and Services), By communication infrastructure (Radio Access Network (RAN), Small Cell Base Station, Macro Cell Base Station, Distributed Antenna Systems (DAS), Core Network, Software-Defined Networking (SDN), Network Function Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC), Network Slicing (NS), and Transport Network), By connectivity (Enhanced Mobile Broadband (EMBB), Massive Machine-type Communications (MMTC), Ultra-reliable Low-latency Communication (URLLC)), By Spectrum range (< 1 GHz, 1-6 GHz, and > 6 GHz), By Application (Industrial IoT, Connected Transportation & Autonomous Driving, Monitoring & Tracking, Enhanced Video Services, Virtual Reality & Augmented Reality, Smart Surveillance, and Other Applications) and many more. On the other hand, the report also provides a thorough analysis on the various geographies such as United States of America, Canada, and Mexico.
In future, it has been anticipated that the overall North America’s 5G technology market will increase at a double digit CAGR in the near future, majorly due to the rising government initiatives of smart city building in North America coupled with the growing demand for mobile broadband services among the consumers, and also the increasing usage of internet and growing penetration of Smartphone will positively impact the North America’s 5G infrastructure market.
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Ankur Gupta, Head Marketing & Communications