Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global 5G
Base Station Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international 5G Base Station Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global 5G Base Station Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global 5G Base Station Market is offered. In accordance with the
report, the global 5G Base Station Market is projected to expand at a CAGR of
40.5 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
5G Services will
lead to improved connectivity for better real-time communication. The
transition from 4G to 5G will be beneficial and a boon for both consumers and
various industries in the near future.
Global Data
Traffic is expected to grow eight times by the end of 2023, as there is a
constant need for spectrum utilization, efficient technology and high data
rates. With an introduction of 4k/8k video streaming, virtual and augmented
reality, consumers will require higher bandwidth, security, greater capacity
and lower latency. Increasing number of smartphones that are used today is
likely to generate the need for seamless connectivity. 5G is equipped with all
these feature, which will lead to new opportunities for people, society and
businesses. This in turn will drive the growth of global 5G Base Station
market. Installation of 5G base stations will further lead to improved quality
of network coverage, which in turn will improve the overall user experience. With the introduction
of 5G, new revenues, new services and improved ecosystem is expected. Moreover,
10 times lower cost per gigabyte than current 4G and better battery life with
remote sensors and sustainable networks will be an added benefit that will
drive the global 5G Base Station market. Demand for autonomous vehicles is
experiencing rapid growth. The data used by self-driving cars has led to
introduction of new innovative technologies, that can produce, capture and
process huge amount of data which is possible with 5G connection. With an
increase in demand for 5G connection by this industry, it is estimated to
further drive the growth of 5G base station market in the forecast period. However,
the major factors that can restrain the growth of this market, is the high cost
associated with 5G base stations. Also, there has been an increasing concern
regarding the frequency range of the 5G wireless spectrum in recent past.
Due to increased research and development activities for 5G
technology, network designs and presence of key players, North America region
is the largest shareholder for this market and is also expected to dominate the
market during the forecast period. Recently, there was an episode in
Netherlands, wherein 300 birds died during an attempt to test 5G connectivity,
due to 5G transmission testing with a frequency of 7.40 GHz.
With the introduction of 5G commercial network, the first use cases
are enhanced mobile broadband, which will bring better experience for
smartphone users and fixed wireless access, providing fiber speeds without
fiber to home. Also, major opportunities
for the growth of 5G base station globally is the increasing demand for
innovative and fast technology by various industries. Also, new opportunities will
be identified for 5G infrastructure due to growth of IoT technologies and edge
computing globally. There are various 5G spectrum bands ranging from 1GHz to 26
GHz, 26 GHz to 40 Ghz to 66GHz. 26 GHz and 28GHz have emerged as the most
important 5G spectrum band. Mobile operators need access to spectrum bands
below 1GHz to 6 GHz. The higher range of such bands are used by big business
and government entities for ultra high-speed and ultra low latency. China,
South Korea, United Kingdom, Germany, The United States, Switzerland and Nordic
countries including Denmark, Finland, Iceland, Norway, and Sweden are the top
countries with 5G deployments and trials.
There has been a major impact on all industries due to Covid-19
(Coronavirus), however it is not an insurmountable challenge for global 5G base
station market. A pandemic like Coronavirus can act as a driver for
technological advancement and despite the challenges facing the industry, 5G is
proving its worth. Millions of people are working in isolation and many
companies have asked their employees to work from home maintaining social
distance. It is due to strong internet connectivity, that employees are able to
continue working from home. Virtual meetings and conferences are now conducted from
employee’s home without facing any difficulties, due to strong internet
connectivity. Also, there has been an increase in entertainment through social
media and various channels like Netflix, Amazon etc., and face to face social
interaction with friends and families, will also lead to demand for 5G market.
In China, which was badly hit by Covid-19, a 5G network was installed by Huawei
in a specialist hospital in 3 days. Also.
5G-enabled robots are helping by taking care of the patients, thereby
reducing the time spent of hospital staff with infected patients. Specialists
are also using 5G to control medical equipment in faraway areas of the
country.
Segment Covered:
This market
intelligence report on the global 5G Base Station Market encompasses market
segments based on product type, application and country/regions.
In terms of application, the global 5G Base
Station Market is segregated
into :
§ Smart Farming
§ Smart Home
§ Smart Cities
§ Industrial IoT
§ Autonomous Driving
§ Others
By product type, the global 5G Base Station Market is also classified into :
§ Femtocells
§ Microcells
§ Picocells
§ Small
By country/region, the global 5G Base Station Market has been divided into :
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Samsung Group
§ Huawei Technologies Co. Ltd
§ ZTE Corporation
§ Ericsson
§ Verizon Communications
§ AT&T Inc.
§ Xilinx Inc.
§ VMWare Inc.
§ Marvell Technology Group
§ Cisco Systems Inc.
§ Qualcomm Incorporated
§ Intel Corporation
§ MediaTek Inc.
§ Infineon Technologies
§ Unisoc Communications Inc.
§ Qorvo Inc.
§ Nokia Corporation and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as 5G Base Station related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the 5G Base Station Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
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This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world 5G Base Station Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial performance,
key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Samsung Group, Huawei
Technologies Co. Ltd, ZTE Corporation, Ericsson, Verizon Communications,
AT&T Inc.,Xilinx Inc., VMWare Inc., Marvell Technology Group, Cisco Systems
Inc., Qualcomm Incorporated, Intel Corporation, MediaTek Inc., Infineon
Technologies, Unisoc Communications Inc., Qorvo Inc., Nokia Corporation and
many more.
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The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for 5G Base Station Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for 5G Base Station Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
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Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the 5G Base Station Market
v
Identification
of key factors driving investment opportunities in the 5G Base Station Market
v
Facilitate decision-making
based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants