SMT, PCB Electronics Industry News

SMT, PCB Electronics Industry News

News from Persistence Market Research Pvt. Ltd

LTE Advanced and 5G Market - Global Industry Analysis and Forecast 2015 - 2021

Aug 14, 2015

Persistence Market Research Pvt. Ltd

Persistence Market Research Pvt. Ltd

Persistence Market Research Pvt. Ltd

Persistence Market Research Pvt. Ltd

LTE (long term evolution) advanced is a mobile communication standard and a key enhancement in long term evolution. Current LTE technology offers internet speed of up to 150Mbps (mega-bytes per second), whereas LTE advanced is capable of offering internet speed of 300 Mbps. 5G is a 5th generation wireless system which denotes the advanced phase of mobile telecommunication standards, ahead of the current IMT (international mobile telecommunications) advanced or 4G standards. 5G can offer internet speed between 10 Gbps (giga-bytes per second) to 100 Gbps. In addition, 5G provides ultra low latency range between 1ms and 10ms, while 4G technology can offer low latency range between 40ms and 60ms. With ultra low latency range end-users can watch live stream of sports matches over internet. Rising demand for high internet speed to get real time response is one of the major factors driving the development of latest technologies such as LTE advanced and 5G. 

Request Full TOC:

Increasing demand for more advanced smart-phones, tablets and other mobile devices is expected to create demand for technologies that can provide high internet speed, which is, in turn, expected to drive the growth of LTE advanced and 5G market. Further, Japan is planning to showcase LTE advanced and 5G innovation throughout the Pyeongchang 2018 winter Olympics and Tokyo 2020 Summer Olympics which would add to the growth of this market over the forecast period. Other factors responsible for supporting to the market growth include enhanced internet coverage, increased adoption of mobile broadband and growing machine-to-machine communications in organizations.

The LTE advanced and 5G market can be segmented into two major categories as technology and end-users. Depending upon the technology, the LTE advanced and 5G market can be segmented into five major categories, namely, RAT (radio access technologies), HSPA (high speed package access), GSM (global system for mobile), WiMAX (worldwide interoperability for microwave access) and Wi-Fi. On the basis of end-users, the market can be segmented into government and utilities, retail sector, healthcare sector, offices, defense and military, and individual user. The LTE advanced and 5G market can also be segmented based on major geographical regions into North America, Europe, Asia Pacific and Rest of the World (Middle East, Latin America and Africa). Countries such as South Korea, the United States, Germany, China, United Kingdom and Japan are taking initiatives to implement LTE advanced and 5G technologies. For example, recently South Korea announced to invest USD 1.5 billion in 5G infrastructure. 

Request Brochure:

The key players in LTE advanced and 5G market include Alcatel-Lucent, AT&T Inc., Ericsson Inc., SK Telecom Co. Ltd, NTT Docomo Inc., Verizon Communications, Qualcomm Inc., Nokia Networks, Samsung Group, Deutsche Telecom AG, Telefonica S.A and Huawei Technologies Company Ltd. among others. Key players in this market are focusing on introducing innovative LTE advanced and 5G technologies to gain first mover advantage. For example, in 2014 SK Telecom Co. Ltd entered into agreement with Ericsson Inc. for joint research on 5G technologies in South Korea. In addition, major companies such as Samsung Group, Nokia Networks and NTT Docomo Inc. are focusing on developing smart-phones that would be capable of deploying these technologies.

Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers g eographic segmentation
   North America
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.
About Us
Persistence Market Research (PMR) is a  full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values. 

Addie Thomas
305 Broadway
7th Floor, New York City, 
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353

You must be a registered user to talk back to us.

More News from Persistence Market Research Pvt. Ltd

LTE Advanced and 5G Market - Global Industry Analysis and Forecast 2015 - 2021 news release has been viewed 179 times

Solder Paste Inspection

ii-feed SMD Intelligent Feeder