5G enterprise is a growing technology, which can transform underlying architectures in the networks and also promote AI, automation and virtualization. It changes the network possibilities and underlying IT system of the business. It is used to explore technology such network slicing and edge computing in the businesses. It provides high speed 5G internet and communication. 5G provides up to 10 Gbps data speed, which has approximately ten times more speed than 4G networks. 5G enterprise solutions also help to push new technology such as machine learning, robotics, internet of things and artificial intelligence, drives the digital transformation within the organization as well as outside the organization by high customer engagement.
Numerous factors such as growing use of network slicing to deliver different 5G services and increasing use of smart phone among the all age group drives the 5G enterprise market globally. Moreover, rise in development of smart telecommunication infrastructure also drives the market globally. However, security concern in the 5G core networks and heavy investment and high initial cost of 5G enterprise solutions restrain the growth of the market globally. Furthermore, increasing investment in mobile computing and communication solution by several countries and increasing need of low latency connectivity are expected to create lucrative opportunity in the 5G enterprise market globally.
5G enterprise market is segmented on the basis of frequency, spectrum, network type, organization size, industry vertical, and region. By frequency, it is bifurcated into sub-6Ghz and mmWave. By spectrum, it is bifurcated into licensed and unlicensed spectrum. By network type, it is categorized into, hybrid network, private network, enterprise network, CSP network. By organization size, it is bifurcated into large scale enterprise and small and medium scale enterprise. By industry vertical, it is classified into BFSI, healthcare, retail & e-commerce, it & telecom, manufacturing, government and public sector, energy and utility, media & entertainment and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report gives an in-depth profile of some key players in the 5G enterprise market are AT&T, Ericsson, Huawei technologies co. Ltd., Juniper Network, NEC corporation, Nokia Corporation, Samsung, SK Telecom, Verizon Communications LTD, ZTE corporation.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the 5G enterprise market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the 5G enterprise market size is provided.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the 5G enterprise market.
- The quantitative analysis from 2020 to 2028 is provided to determine the 5G enterprise market potential.
KEY MARKET SEGMENTS
By Frequency
- Sub-6Ghz
- mmWave
By Spectrum:
- Licensed
- Unlicensed/Shared
By Network Type:
- Hybrid Networks
- Private Networks
- Enterprise Network
- CSP Network
By Organization Size
- Small and medium-sized enterprises
- Large enterprises
By Industry Vertical
- BFSI
- Healthcare
- Retail & E-commerce
- IT & Telecom
- Manufacturing
- Government and Public Sector
- Energy and Utility
- Media & Entertainment
- Others
By Region
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o South Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
KEY MARKET PLAYERS PROFILED IN THE 5G ENTERPRISE MARKET:
- AT&T
- Ericsson
- Huawei technologies co. Ltd.
- Juniper Network,
- NEC corporation
- Nokia Corporation
- Samsung,
- SK Telecom,
- Verizon Communications LTD
- ZTE corporation
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