Global Markets for 5G Technologies

5G, or the fifth generation of mobile technology standards, is a key driver for the financial model of the mobile industry. The technology that underpins 5G promises to greatly expand the amount of data that can be processed using mobile devices. 

Its applications will range from smartphones with augmented and virtual reality capability, to the Internet of Things devices capable of massive and mission-critical real-time transactions.

Nevertheless, the journey to full implementation of 5G, which is expected to take at least 10 years, is fraught with challenges for industry participants. Standards within each technology area within 5G are awaiting agreement as well as technical feasibility demonstrated by mobile operators, software and hardware suppliers. Regulatory regimes, which need to address spectrum shortages and economic imbalances, will play a major role.

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Moreover, the mobile industry is forging ahead with investments and marketing declarations. Industry participants, especially mobile network operators, are motivated by the declining opportunities for growth from 4G technology rollouts that are complete in most developed regions. While 4G has brought mobile technology into a new age of video streaming and data services, the saturation of the subscriber base and competition among mobile operators is limiting the revenue that can be obtained.

While mobile network capital expenditures overall will remain flat or average only a REDACTED% increase over the next five years on service revenue that will rise at only REDACTED%, the revenue hardware, software and services companies in the mobile industry can expect from 5G will grow at near READACTED%.

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RELATED REPORT

Virtual and Augmented Reality: Technologies and Global Markets





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