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5G Technology Market Expected To Be 90 Million By 2023

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

5G technology is efficient and low investment network compared to other technologies. The rising demand of higher speed rates of internet all over the globe is driving the 5G technology market, 5G networks can deliver data-access speeds up to 10 Gbit/s. 5G technology will be comprised of lowest possible latency i.e. 1-5 milliseconds which is an indulging factor for consumers. Distant learning, video conferencing, multi-user gaming and others applications will drive the need for higher performance from the network thus stimulate the 5G technology market. Enormously wide variation in the requirements is a restraining factor. Some of the telecommunication companies are to begin testing on 5G which have expected the speed to be 10 to 100 times faster than 4G standards which includes AT&T.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Alcatel-Lucent S.A., Deutsche Telekom AG, Aalborg University, BMW Group Research and Technology, Aalto University, Orange S.A., Fraunhofer-Gesellschaft, Chalmers University of Technology, Qualcomm Inc., NTT DOCOMO Inc., Ericsson (Telefonaktiebolaget L. M. Ericsson), KTH – Royal Institute of Technology, Huawei Technologies Co. Ltd., National and Kapodistrian University of Athens,Samsung and Nokia Siemens Networks. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

5G technology is the most modern next generation mobile telecommunication standards. 5G technology can offer speed more than 4G i.e. 5G is expected to be faster than ever before and low power consuming than the predecessors. 5G networks might meet new use cases, such as the Internet of Things as well as broadcast-like services and lifeline communication in times of natural disaster and emergencies. 5G standards are expected to be in use till 2018.

The 5G technology market has been segmented as below:

The 5G technology market is Segmented on the lines ofTechnology Type and Regional Analysis.

By Technology Type this market is segmented on the basis of Wi-Fi, RAT (Radio Access Technologies), WiMAX (Worldwide Interoperability for Microwave Access), HSPA (High Speed Package Access) and GSM (Global System for Mobile). By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World. – Market Watch

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