5G market will expand at a CAGR of 97.1% from 2020 to 2025

HTF Market Intelligence released a new research report of 152 pages on title 'Global 5G Market (2019 - 2025) Share, Scope, Revenue, Trends, Drivers, Challenges, Segmentation based on SIM Cellural and M2M Connections (2G, 3G, 4G, 5G) and Geography (North America, Asia Pacific, The Middle East and Africa, Europe and Latin America)' with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Asia Pacific, The Middle East and Africa, Europe and Latin America and important players such as Verizon Communications, AT&T, Vodafone etc.

Request a sample report @ https://www.htfmarketreport.com/sample-report/2287037-global-5g-market-4

Summary
5G is a crucial component of the global digitally connected ecosystem, currently. It is estimated that between 2019 and 2025, the number of 5G users will increase by roughly 1.2 Bn, globally. The United States (U.S.), China, Japan, and the majority of European Union (EU) countries will account for 70% of the 5G users by 2025. Once it is launched commercially in 2020, the 5G market will expand at a compound annual growth rate (CAGR) of 97.1% till 2025.

Segment insights:
The ever-increasing demand for enhanced mobile broadband experience, and rise in smartphone adoption are driving revenue from SIM cellular connections. 5G SIM cellular connections are expected to increase at a staggering 129% compound annual growth rate (CAGR), from 2020 to 2025. Not only that, both data consumption and speed will also increase at a considerable rate. Increase in user engagement through smartphone is the major cause of growth in data consumption, while improvement of network infrastructure is expected to lead to greater connection speeds. Smartphone users, on an average, spend time accessing over 30 apps on a monthly basis, according to recent survey reports.
SIM M2M connections will also witness rapid growth during the forecast period. Connected home applications, such as home security and video surveillance, home automation, connected white goods, and tracking applications will represent nearly half of the total M2M connections by 2021. M2M devices’ penetration for industrial use will also increase, and it is estimated that there will be less than half a billion M2M connections in sectors like retail, manufacturing, and energy. This will mainly be driven by automation and artificial intelligence (AI).

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2287037-global-5g-market-4

Companies covered:
China Mobile, Verizon Communications, AT&T, Vodafone, Nippon Telegraph and Telephone, Sprint Corporation, Deutsche Telekomu, Telefónica, América Móvil , China Telecommunications Corp,

Regional insights:
North America is expected to witness a rapid change in consumer engagement with mobile devices. Majority of the traffic generated will come from the use of video files. Companies will develop strategies and business models in order to generate revenue from this major trend. 99% of the mobile connections will be 'smart' connections by 2021, up from 81% in 2016. More than 50% of the revenue from SIM cellular connections, and 60% from SIM M2M cellular connections are expected to come from this region. A combination of improved coverage, proliferation of connected devices, and demand for high-speed networks in Europe continues to drive the adoption of 4G, and make way for future 5G services as well. Asia-Pacific will account for majority of the global cellular subscribers by 2020. Although revenue growth in recent times have slowed, nonetheless, the region shows a lot of promise in terms of the rapid adoption of Internet of Things (IoT) in the near future. The Middle East and Africa, and Latin American regions will be very slow in picking up pace.

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2287037-global-5g-market-4

Chapter 1. Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary

Chapter 2. Global 5G market – overview
2.1. Global market overview - forecasted (2020-2025) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis
2.2. Global market drivers
2.3. Global market trends
2.4. Global market challenges
2.5. Value chain analysis
2.6. Distribution channel analysis: four major companies
2.7. Porter's five forces analysis
2.8. Market segmentation based on connection types (SIM cellular, and SIM

....Continued

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2287037

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

This release was published on openPR.