Published Date : Jun 27, 2017
Albany, New York, June 27, 2017: MarketResearchReports.biz has recently announced the addition of a thematic research report that includes a detailed overview of the global 5G technology and the key trends surrounding its development across the globe. The report is titled “5G Technology Overview, Use Cases and Demand Forecast: Addressing Latency, Reliability and Network Density Opens Up New Business Opportunities.”
The report states that in light of the massive rise in the global consumption of data, which is projected to rise fourfold in the next five years, the 5G technology will go beyond developments related to capacity and bandwidth as was the focus of previous generations of wireless technologies. The technology is projected to provide high reliability, high density, and low latency in addition to increased capacity and bandwidth.
These added capabilities of the technology will help open the door to a number of new and predominantly business-focused services such as smart cities and automated, driverless cars. However, the technology will also face additional complexity and challenges to be able to provide for applications with vastly different technological sets of requirements.
This report includes a thorough reports of the numerous high-growth potential user cases that could use 5G in the near future. The report also includes an overview of the pace of deployment of the technology across the globe, with particular focus and forecasts in the US, Japan, South Korea, Japan, Europe, and China.
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The report states that the technology is gathering momentum but will gain more prominence if standardization timelines are brought forward. As a result, in countries such as South Korea, Japan, and the U.S., all key operators are planning to launch 5G-based services during 2019. Sporting events such as Olympics are also playing a key role in pushing forward the development of the technology in a number of countries across the globe.
Presently, the 28 GHz frequency band is witnessing the most focus and is expected to support early services in the US and South Korea. This band is, however, not available across all regions. On the other hand, the 3.5 GHz band has gained the broadest level of support across key regional market including the US, where it is available as a shared spectrum. A number of other high frequency bands are also being considered, including notably 39 GHz, 4 GHz, and 2.5 GHz; these are projected to be complemented by some low frequency bands including 1.3 GHz, 700 MHz, and 600 MHz.
The data and insights included in the report have been derived with the help of a mix of qualitative primary research and secondary research practices. In-depth interviews with market players forms the crux of primary research for the report. Secondary research practices include relevant intelligence and data extraction from trade association publications, regulatory authority publications, public databases, and financial reports, press releases, and presentations of companies.
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