The COVID-19 outbreak has been a primary catalyst for the expansion and rise in adoption of 5G enterprises. Governments of various countries across the world have imposed lockdowns to curb the spread of the disease. This has prompted 5G enterprises providers to provide critical and vital broadband, remote work solutions, and 5G technology to support remote work to their customers. This, in turn, is expected to boost the global 5G enterprises market. Moreover, the pandemic outbreak has some impact on both readiness and rollouts for 5G as some countries have delayed their 5G spectrum auction infrastructure contracts, and other readiness initiatives, and some other countries have brought in regulations relating to prioritizing of spending for 5G. This is expected to create significant opportunity for the global 5G enterprises market during the forecast period.
1. TECHNOLOGY
5G Enterprises
Market Outlook to
2030: Emerging
Trends and Will
Generate New
Growth
Opportunities
Status
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2. 5G Enterprises Market:
5G enterprises focus on building and upgrading enterprise network
infrastructure to redeem the various advantages of 5G. Moreover,
5G enterprises focus on offering uninterrupted networking
technology, irrespective of their geographical location.
The COVID-19 outbreak has been a primary catalyst for the
expansion and rise in adoption of 5G enterprises. Governments of
various countries across the world have imposed lockdowns to curb
the spread of the disease. This has prompted 5G enterprises
providers to provide critical and vital broadband, remote work
solutions, and 5G technology to support remote work to their
customers. This, in turn, is expected to boost the global 5G
enterprises market. Moreover, the pandemic outbreak has some
impact on both readiness and rollouts for 5G as some countries
have delayed their 5G spectrum auction infrastructure contracts, and
other readiness initiatives, and some other countries have brought in
regulations relating to prioritizing of spending for 5G. This is
expected to create significant opportunity for the global 5G
enterprises market during the forecast period.
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Global 5G Enterprises Market: Market Dynamics
A unified 5G enterprise network offers governments and public
sector, healthcare, manufacturing, and telecommunications with a
single network, so as fulfill the needs of industrial applications,
which is expected to boost the global 5G enterprises market
Increase in demand for high speed and upgraded network coverage
3. is projected to boost the 5G enterprises market.
Development of software operations in communication networks is
projected to enhance the 5G enterprises market.
Investment in mobile computing and communication solutions
across developed and developing countries is also expected to create
significant opportunities for the growth of the 5G enterprises
market.
However, rise in Wi-Fi communication technology for connectivity
and communication across enterprises is one of the factors that can
hamper the growth of the 5G enterprises market. Lack of authority
in managing and owning corporate networks is also expected to
restrain the growth of the 5G enterprises market.
Global 5G Enterprises Market: Competitive Landscape
Key Players Operating in the Global 5G Enterprises Market
Companies operating in the global 5G enterprises market are
increasingly investing in research and development activities to develop
new and innovative techniques to provide 5G enterprises solutions.
The global 5G enterprises market is highly fragmented, with the
presence of numerous manufacturers in both developed and
developing regions. Key players operating in the global 5G enterprises
market include:
AT & T
Cisco Systems, Inc.
Fujitsu Limited
Huawei Technologies Co., Ltd.
Juniper Networks, Inc.
Mavenir
NEC Corporation
4. Nokia Corporation
Oracle Corporation
Samsung Electronics
Telefonaktiebolaget LM Ericsson
Verizon Communications
ZTE Corporation.
In February 2020, Mavenir and NEC Corporation collaborated
to deliver a 5G Open virtualized RAN (vRAN) solution in
Japan.
Global 5G Enterprises Market: Research Scope
Global 5G Enterprises Market, by Access Equipment
Radio Node
Service Node (E-Ran)
DAS (Direct-attached storage)
Global 5G Enterprises Market, by Enterprise Size
Small & Medium Enterprise
Large Enterprise
Global 5G Enterprises Market, by Core Network Technology
Software-defined Networking (SDN)
Network Functions Virtualization (NFV)
Global 5G Enterprises Market, by Industry
BFSI
IT & Telecom
5. Retail & e-commerce
Healthcare
Transportation & Logistics
Manufacturing
Media & Entertainments
Others
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