Next Generation Wireless Network Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#11233

Persistence Market Research

$ 4900

Wireless Technology is the one that uses radio waves to transmit and receive data. It is used in order to send data. In the present scenario, wireless technology is continuously evolving, starting with 0G (e.g. Radio telephones) to 5G, the next generation wireless technology. Currently, 4G LTE (4th Generation Long term Evolution) technology and WiMAX is evolving and has wide applications due to its high data transfer speed and stability. The next generation wireless network 5G will operate on very high frequencies and will have a massive capacity and low latency.

With the growing IoT (Internet of Things) connectivity, more services are emerging. In the low power wide area network, two services Sigfox and LoRa technology are reinventing the connectivity for IoT to bring down cost and energy consumption drastically. Both the technology are for uplink only transmissions with many end points. Another technology RPMA (Random Phase Multiple Access) is developed which has excellent upload and download capacity and coverage.

Wireless Technology is used in various applications like GPS, cellular phones, Home entertainment system control boxes, satellite television, wireless LAN and many others.

Next Generation Wireless Network Market: Drivers and Restraints

The factors driving the market of next generation wireless network are high speed, low prices and increasing applications and usage. Also, internet of things is driving the growth of the market massively. These next generation wireless network also provides more coverage and secured access than existing networks. The increasing applications of wireless technology like self-driving cars, drones, household appliances and industrial machines are significantly influencing the market growth of next generation wireless network.

The significant challenges faced in the next generation wireless network market are the trade between the flexibility of use and the platforms. Interoperability with existing technology, compatibility issues with old devices and high initial investment are some of the challenges hampering the growth of next generation wireless network.

Next Generation Wireless Network Market: Segmentation

Segmentation based on the type of wireless network in Next Generation Wireless Network Market:

  • Fixed wireless
  • Mobile wireless
  • Portable wireless
  • IR wireless

Segmentation based on end users in Next Generation Wireless Network Market:

  • Telecommunications
  • Healthcare
  • Banking
  • IT services
  • Automotive
  • Security systems

Next Generation Wireless Network Market: Competitive Landscape

The key players in the next generation wireless network market are Qualcomm Technologies, Inc., IBM Corporation, Cisco Systems, Inc., AT&T Inc., Idea cellular, Nokia Corporation, Semtech Corporation, Sigfox technology, Verizon Digital Media Services and T-Mobile International AG.

Regional Overview

By geography, the market of next generation wireless network is largest in North America since many large companies like Qualcomm Technologies, Cisco Systems, Inc., AT&T Inc., are investing in next generation wireless network due to the high availability of bandwidth, the growth of IoT in the region and wide network coverage. Asia Pacific region is also expected to grow since many companies in this region are investing in their next generation wireless network research and development.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.