5G networks a $250 billion opportunity, says SNS Research report
DUBAI, UAE. 29th February 2016: SNS Research's latest report indicates that future 5G networks are expected to generate nearly $250 Billion in service revenue by 2025.
While LTE and LTE-Advanced deployments are still underway, mobile operators and vendors have already embarked on R&D initiatives to develop so-called “5G” technology, with a vision of commercialization by 2020. 5G is essentially a revolutionary paradigm shift in wireless networking to support the throughput, latency and scalability requirements of future use cases such as extreme bandwidth augmented reality applications and connectivity management for Billions of M2M (Machine to Machine) devices.
Although 5G is yet to be standardized, vendors are aggressively investing in 5G development efforts with a principal focus on new air interface transmission schemes, higher frequency bands and advanced antenna technologies such as Massive MIMO and beamforming. With large scale commercial deployments expected to begin in 2020, we estimate that 5G networks will generate nearly $250 Billion in annual service revenue by 2025.
The “5G Wireless Ecosystem: 2016 – 2030 – Technologies, Applications, Verticals, Strategies & Forecasts” report presents an in-depth assessment of the emerging 5G ecosystem including key market drivers, challenges, enabling technologies, use cases, vertical market applications, spectrum assessment, mobile operator deployment commitments, case studies, standardization, research initiatives and vendor strategies. The report also presents forecasts for 5G investments and operator services.
The report will be of value to current and future potential investors into the 5G ecosystem, as well as enabling technology providers, mobile infrastructure vendors, mobile device OEMs and mobile operators, who wish to broaden their knowledge of the ecosystem.
For further information concerning the SNS Research report "The 5G Wireless Ecosystem: 2016 – 2030 – Technologies, Applications, Verticals, Strategies & Forecasts" please visit: http://www.snstelecom.com/5g
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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.