5G R&D spending to reach $3 billion by 2020, says SNS Research report
DUBAI, UAE. 22nd June 2014: SNS Research's latest report indicates that R&D spending on 5G wireless technology is expected to reach $3 Billion annually by 2020.
While wireless carriers aggressively invest in LTE upgrades and small cell deployments to serve their growing capacity demands, several initiatives are already underway which aim to set requirements and drive development for 5G technology.
The recent collaboration deal between South Korea and the European Union to jointly define global standards for 5G signifies the importance of global harmonization, which is necessary to ensure the full potential of the technology, is met.
While 5G is yet to be fully defined, many believe that 2020 will mark the start of the 5G era with a potential infrastructure revival, as consumer mobile broadband subscriptions peak to over 70% and M2M connections continue to proliferate.
Driven by government led initiatives, academic institutes and the private sector, we expect 5G R&D spending will account for nearly $3 Billion by 2020, up from $500 Million in 2014.
The “Wireless Network Infrastructure Bible: 2014 – 2020 - Macrocell RAN, Small Cells, RRH, DAS, Cloud RAN, Carrier WiFi, Mobile Core & Backhaul” report presents an in-depth assessment of 9 individual submarkets of the wireless network infrastructure opportunity. Besides analyzing the key market drivers, challenges, operator revenue potential, regional CapEx commitments, 5G technology prospects, expert interviews and vendor strategies, the report also presents revenue and unit shipment forecasts for the market from 2014 to 2020 at a regional as well as a global scale. Historical figures are also provided for 2010, 2011 and 2013.
The report will be of value to current and future potential investors into the wireless sector, as well as wireless carriers and infrastructure/device vendors who wish to broaden their knowledge of the ecosystem.
For further information concerning the SNS Research report "The Wireless Network Infrastructure Bible: 2014 – 2020 - Macrocell RAN, Small Cells, RRH, DAS, Cloud RAN, Carrier WiFi, Mobile Core & Backhaul" please visit: http://www.snstelecom.com/wireless-network-infrastructure
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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.