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Global 5G Market To Grow Substantially at 97.1% CAGR from 2020 to 2025 : Radiant Insights, Inc.

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Global 5G Market To Grow Substantially at 97.1% CAGR from 2020 to 2025 : Radiant Insights, Inc.

September 18
17:30 2019
Global 5G Market To Grow Substantially at 97.1% CAGR from 2020 to 2025 : Radiant Insights, Inc.

“Radiant Insights,Inc”
RadiantInsights.com added Most up-to-date research on “Global 5G Market (2020 – 2025)” to its huge collection of research reports.

5G is a crucial component of the global digitally connected ecosystem, currently. It is estimated that between 2019 and 2025, the number of 5G users will increase by roughly 1.2 Bn, globally.  The United States (U.S.), China, Japan, and the majority of European Union (EU) countries will account for 70% of the 5G users by 2025. Once it is launched commercially in 2020, the 5G market will expand at a compound annual growth rate (CAGR) of 97.1% till 2025.

Download And Get FREE Sample PDF File Of Global 5G Market @ https://www.radiantinsights.com/research/global-5g-market-2020-2025/request-sample

Segment insights:

The ever-increasing demand for enhanced mobile broadband experience, and rise in smartphone adoption are driving revenue from SIM cellular connections. 5G SIM cellular connections are expected to increase at a staggering 129% compound annual growth rate (CAGR), from 2020 to 2025. Not only that, both data consumption and speed will also increase at a considerable rate. Increase in user engagement through smartphone is the major cause of growth in data consumption, while improvement of network infrastructure is expected to lead to greater connection speeds. Smartphone users, on an average, spend time accessing over 30 apps on a monthly basis, according to recent survey reports.

SIM M2M connections will also witness rapid growth during the forecast period. Connected home applications, such as home security and video surveillance, home automation, connected white goods, and tracking applications will represent nearly half of the total M2M connections by 2021. M2M devices’ penetration for industrial use will also increase, and it is estimated that there will be less than half a billion M2M connections in sectors like retail, manufacturing, and energy. This will mainly be driven by automation and artificial intelligence (AI).

Regional insights:

North America is expected to witness a rapid change in consumer engagement with mobile devices. Majority of the traffic generated will come from the use of video files. Companies will develop strategies and business models in order to generate revenue from this major trend. 99% of the mobile connections will be ‘smart’ connections by 2021, up from 81% in 2016. More than 50% of the revenue from SIM cellular connections, and 60% from SIM M2M cellular connections are expected to come from this region. A combination of improved coverage, proliferation of connected devices, and demand for high-speed networks in Europe continues to drive the adoption of 4G, and make way for future 5G services as well. Asia-Pacific will account for majority of the global cellular subscribers by 2020. Although revenue growth in recent times have slowed, nonetheless, the region shows a lot of promise in terms of the rapid adoption of Internet of Things (IoT) in the near future. The Middle East and Africa, and Latin American regions will be very slow in picking up pace.

Access Full Report With TOC @ https://www.radiantinsights.com/research/global-5g-market-2020-2025

Companies covered:

1. China Mobile

2. Verizon Communications

3. AT&T

4. Vodafone

5. Nippon Telegraph and Telephone

6. Sprint Corporation

7. Deutsche Telekomu

8. Telefonica

9. America Movil

10. China Telecommunications Corp

Table of Contents
Chapter 1. Executive summary

1.1. Market scope and segmentation

1.2. Key questions answered

1.3. Executive summary

Chapter 2. Global 5G market – overview


2.1. Global market overview – forecasted (2020-2025) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis

2.2. Global market drivers

2.3. Global market trends

2.4. Global market challenges

2.5. Value chain analysis

2.6. Distribution channel analysis: four major companies

2.7. Porter’s five forces analysis

2.8. Market segmentation based on connection types (SIM cellular, and SIM M2M cellular) – forecasted (2020-2025) market size (USD Bn), market observations, and influencing factors

Chapter 3. North America 5G market

3.1. Regional market overview – forecasted (2020-2025) market size (USD Bn), and key market observations

3.2. Market segmentation based on connection types (SIM cellular, and SIM M2M cellular) – forecasted (2020-2025) market size (USD Bn), market observations, and influencing factors

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About Radiant Insight

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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Website: www.radiantinsights.com/research/global-5g-market-2020-2025