5G market projects 97.1% CAGR ahead of its launch

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Aarkstore Market Research

Global 5G Market Reserach 2025 +91 9987295242 | CONTACT@AARKSTORE.COM


Introduction 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.

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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. +91 9987295242 | contact@aarkstore.com


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SIM M2M connections will also witness rapid

growth during the forecast pe riod. Conne cte d

home applications, such as home security a nd

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 wil l

also increase, and it is estimate d that the re wil l be less than half a billion M2M conne ctions i n

sectors like retail, manufacturing, and e nergy . +91 9987295242 | contact@aarkstore.com


FUTURE: 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.

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REGIONAL INSIGHTS: 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. AsiaPacific 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.

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Companies covered: CHINA MOBILE

VERIZON COMMUNICATIONS AT&T

VODAFONE

NIPPON TELEGRAPH AND TELEPHONE SPRINT CORPORATION DEUTSCHE TELEKOMU TELEFÓNICA

AMÉRICA MÓVIL

CHINA TELECOMMUNICATIONS CORP +91 9987295242 | contact@aarkstore.com


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+91 9987295242 | contact@aarkstore.com

Global 5G Chipset Market

Global 5G Wireless Ecosystem Market Report 2019 - Market Size, Share, Price, Trend and Forecast


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