North American 5G Services Market, with Revenue Forecasts to 2025

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Feb 03, 2020, 07:30 ET

DUBLIN, Feb. 3, 2020 /PRNewswire/ -- The "5G Services in North America" report has been added to ResearchAndMarkets.com's offering.

The 5G service market is booming due to the ever-increasing demand for broad network coverage and high-speed internet, along with the need for reduced power consumption and low latency. A range of industries such as healthcare, manufacturing, transportation, entertainment and many others will be redefined by the emergence of 5G technology and connected services. 5G has the potential to deliver extremely wide broadband that possesses ultrareliable low latency communications.

5G, which can also be referred as 5G NR (New Radio), is a standard adopted by 3GPP (3rd Generation Partnership Project), a standards organization that was also responsible for the development of the 3G UMTS and 4G LTE standards. 5G is primarily divided into two frequency bands: FR1 (450 MHz - 6 GHz) and FR2 (24 GHz - 52 GHz). The early deployment of 5G bands are on FR1, but research continues on FR2 frequencies. The FR2 frequency band is also known as Extremely High Frequency (EHF) or millimeter wave (mmWave) frequency.

5G technology will primarily impact technology areas such as remote workers, smart cities, IoT devices, and digital transformation initiatives. 5G plays a key role in terms of business as it offers better business communications, which enables companies to complete tasks more quickly and efficiently. 5G offers extremely high-speed connectivity, which enables businesses to make use of the help of remote workers to perform various communication tasks such as responding to customer queries, and this can increase the overall productivity and profitability of businesses implementing 5G.

This report profiles major 5G technology providers such as Cisco Systems Inc., Samsung Electronics, Ericsson, Qualcomm, Intel Corporation, Verizon Communications Inc., AT&T Inc., SK Telecoms, NEC Corporation, T-Mobile (U.S.), BT Group Plc, China Mobile, China Telecom Corporation, KT Corporation, Sprint Corporation, Telstra, Huawei, Deutsche Telekom and Vodafone Group. The study also discusses various organic and inorganic market development strategies for developing advanced 5G technology solutions and services through product innovation, business expansion, partnerships and mergers and acquisitions.

The Report Includes:

A descriptive study with an impact analysis of the 5G telecommunication services in the North American region
Country-specific data and analysis for the U.S., Canada and Mexico with revenue forecasts through 2025
Evaluation of growth driving factors, such as increasing demand for ultra-low latency connectivity as well as increasing development of connected IoT devices strengthening the role of 5G services across the telecom market
Discussion on market opportunities, including ecosystem architecture, network planning and impact, service design and ROI impact, and 5G stakeholders and their key strategies

Key Topics Covered:

1. Introduction

2. Summary and Highlights

3. Market Overview

Market Definition
4G vs. 5G
3G vs. 4G vs. 5G
5G Speed
Wireless Network Evolution
Latest Implementations and Trials of 5G Services
Initial Phase (Years: 2012-2014)
Current Phase (Years: 2018-2019)
Expected Phase (Years: 2020-2025)
Performance Criteria for 5G
Drivers of 5G Services
Increasing Demand for Broadband Services
Internet of Things (IoT)
Key Challenges in Rolling Out 5G
Small Cell Deployment Challenge
Fiber Backhaul
Spectrum
Device Availability
Coordination of Industry Verticals
Net Neutrality
The FCC's 5G Fast Plan for America
Making More Spectrum Available in the Marketplace
Updating Infrastructure Policy
Modernizing Outdated Regulations
5G Use Cases
High-Speed Broadband in the Home and Office
Quick Deployment/Temporary Connectivity
Industrial Automation
Remote Object Manipulation
Virtual Reality and Meeting
Key Market Developments

4. Market Breakdown by Application

North American Market for 5G Services by Application
URLLC
mMTC
eMBB
FWA

5. Market Breakdown by End User

Introduction
Enterprises
Industry Verticals

6. Market Breakdown by Country

Introduction
U.S.
Driving Factors
Key Players in Broadband
Canada
Mexico

7. Company Profiles

AT&T Inc.
BT Group Plc
China Mobile
China Telecom Corp.
Cisco Systems Inc.
Deutsche Telekom
Ericsson
Huawei
Intel Corp.
KT Corp.
NEC Corp.
Qualcomm
Samsung Electronics
SK Telecom
Sprint Corp.
T-Mobile Us, Inc.
Telstra
Verizon Communications Inc.
Vodafone Group

For more information about this report visit https://www.researchandmarkets.com/r/kq24h4

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